Market Update: Pitney Bowes, Inc (PBI) Sees Negative Movement, Closing at 7.15

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In the latest session, Pitney Bowes, Inc (NYSE: PBI) closed at $7.15 down -1.52% from its previous closing price of $7.26. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 1.97 million shares were traded. PBI stock price reached its highest trading level at $7.505 during the session, while it also had its lowest trading level at $7.12.

Ratios:

For a deeper understanding of Pitney Bowes, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.88.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 29 ’24 when Freemen-Bosworth Lauren sold 42,308 shares for $8.12 per share. The transaction valued at 343,453 led to the insider holds 18,664 shares of the business.

LAUREN FREEMAN-BOSWORTH bought 42,308 shares of PBI for $344,387 on Nov 29 ’24. On Nov 22 ’24, another insider, JOSEPH SCHMITT, who serves as the Officer of the company, bought 20,176 shares for $8.06 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 1299162112 and an Enterprise Value of 2979444992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43. Its current Enterprise Value per Revenue stands at 0.924 whereas that against EBITDA is 10.511.

Stock Price History:

Over the past 52 weeks, PBI has reached a high of $8.80, while it has fallen to a 52-week low of $3.68. The 50-Day Moving Average of the stock is -5.13%, while the 200-Day Moving Average is calculated to be 16.83%.

Shares Statistics:

For the past three months, PBI has traded an average of 1.72M shares per day and 1858420 over the past ten days. A total of 181.34M shares are outstanding, with a floating share count of 163.11M. Insiders hold about 10.23% of the company’s shares, while institutions hold 60.28% stake in the company. Shares short for PBI as of 1732838400 were 12434878 with a Short Ratio of 7.23, compared to 1730332800 on 13230005. Therefore, it implies a Short% of Shares Outstanding of 12434878 and a Short% of Float of 9.1000006.

Dividends & Splits

According to the company, the forward annual dividend rate for PBI is 0.20, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.027548209The stock’s 5-year Average Dividend Yield is 4.53.

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