Pitney Bowes, Inc. (PBI) is destined for greater heights as its last quarter sales were 830,510 K

Pitney Bowes, Inc. (NYSE: PBI) kicked off on Friday, up 3.46% from the previous trading day, before settling in for the closing price of $4.91. Over the past 52 weeks, PBI has traded in a range of $2.80-$5.78.

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A company in the Industrials sector has jumped its sales by 0.54% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -150.00%. With a float of $155.69 million, this company’s outstanding shares have now reached $176.37 million.

In an organization with 10500 employees, it is important to assess its efficiency.

Pitney Bowes, Inc. (PBI) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Integrated Freight & Logistics Industry. The insider ownership of Pitney Bowes, Inc. is 12.96%, while institutional ownership is 60.13%.

Pitney Bowes, Inc. (PBI) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.02 earnings per share (EPS), lower than consensus estimate (set at -0.01) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -150.00% per share during the next fiscal year.

Pitney Bowes, Inc. (NYSE: PBI) Trading Performance Indicators

Take a look at Pitney Bowes, Inc.’s (PBI) current performance indicators. Last quarter, stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28. Likewise, its price to free cash flow for the trailing twelve months is 72.76.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.16, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach 0.20 in one year’s time.

Technical Analysis of Pitney Bowes, Inc. (PBI)

Let’s dig in a bit further. During the last 5-days, its volume was 2.29 million. That was better than the volume of 1.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.33%. Additionally, its Average True Range was 0.20.

During the past 100 days, Pitney Bowes, Inc.’s (PBI) raw stochastic average was set at 66.35%, which indicates a significant increase from 56.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.80% in the past 14 days, which was lower than the 54.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.95, while its 200-day Moving Average is $4.19. However, in the short run, Pitney Bowes, Inc.’s stock first resistance to watch stands at $5.16. Second resistance stands at $5.24. The third major resistance level sits at $5.33. If the price goes on to break the first support level at $4.99, it is likely to go to the next support level at $4.90. Assuming the price breaks the second support level, the third support level stands at $4.82.

Pitney Bowes, Inc. (NYSE: PBI) Key Stats

The company with the Market Capitalisation of 908.71 million has total of 178,875K Shares Outstanding. Its annual sales at the moment are 3,266 M in contrast with the sum of -385,630 K annual income. Company’s last quarter sales were recorded 830,510 K and last quarter income was -2,890 K.