For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Pitney Bowes, Inc (NYSE: PBI) closed at $7.21 in the last session, down -2.17% from day before closing price of $7.37. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 1.9 million shares were traded. PBI stock price reached its highest trading level at $7.335 during the session, while it also had its lowest trading level at $7.095.
Ratios:
We take a closer look at PBI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.96.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 16 ’24 when Gregg Zegras bought 25,534 shares for $7.09 per share.
Gregg Zegras bought 25,000 shares of PBI for $180,750 on Aug 15 ’24. On Aug 14 ’24, another insider, Gregg Zegras, who serves as the Officer of the company, bought 25,000 shares for $6.92 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PBI now has a Market Capitalization of 1294267136 and an Enterprise Value of 3129491968. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39. Its current Enterprise Value per Revenue stands at 0.954 whereas that against EBITDA is 10.691.
Stock Price History:
Over the past 52 weeks, PBI has reached a high of $7.70, while it has fallen to a 52-week low of $3.05. The 50-Day Moving Average of the stock is 3.35%, while the 200-Day Moving Average is calculated to be 31.15%.
Shares Statistics:
According to the various share statistics, PBI traded on average about 1.82M shares per day over the past 3-months and 1558270 shares per day over the past 10 days. A total of 176.37M shares are outstanding, with a floating share count of 160.42M. Insiders hold about 10.64% of the company’s shares, while institutions hold 57.23% stake in the company. Shares short for PBI as of 1728950400 were 12988987 with a Short Ratio of 7.16, compared to 1726185600 on 12102774. Therefore, it implies a Short% of Shares Outstanding of 12988987 and a Short% of Float of 9.659999599999999.
Dividends & Splits
The forward annual dividend rate for PBI is 0.20, which was 0.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.027137043The stock’s 5-year Average Dividend Yield is 4.56.
