PBI (Pitney Bowes, Inc.) stock is in for a key growth catalyst

Pitney Bowes, Inc. (NYSE: PBI) closed the day trading at $3.84 down -0.52% from the previous closing price of $3.86. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 1282012 shares were traded.

Ratios:

For a better understanding of PBI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 0.98.

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 677.87M and an Enterprise Value of 2.54B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21. Its current Enterprise Value per Revenue stands at 0.78 whereas that against EBITDA is -30.83.

Stock Price History:

Over the past 52 weeks, PBI has reached a high of $4.63, while it has fallen to a 52-week low of $2.80. The 50-Day Moving Average of the stock is 4.1454, while the 200-Day Moving Average is calculated to be 3.6934.

Shares Statistics:

Over the past 3-months, PBI traded about 1.49M shares per day on average, while over the past 10 days, PBI traded about 1.21M shares per day. A total of 176.37M shares are outstanding, with a floating share count of 154.04M. Insiders hold about 12.74% of the company’s shares, while institutions hold 61.17% stake in the company. Shares short for PBI as of Jan 31, 2024 were 9.86M with a Short Ratio of 6.63, compared to 10.06M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.59% and a Short% of Float of 6.31%.

Dividends & Splits

PBI’s forward annual dividend rate is 0.20, up from 0.20 a year ago. Against a Trailing Annual Dividend Yield of 5.18%, it implies a Forward Annual Dividend Yield of 5.21%. The stock’s 5-year Average Dividend Yield is 5.45. The current Payout Ratio is 95.97% for PBI, which recently paid a dividend on Mar 14, 2024 with an ex-dividend date of Feb 08, 2024. Stock splits for the company last occurred on Jan 20, 1998 when the company split stock in a 2:1 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.05, while EPS last year was -$0.01. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.06.

Analysts are recommending an EPS of between $0.01 and -$0.06 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.13, with 2 analysts recommending between $0.25 and $0.01.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for PBI’s current fiscal year. The highest revenue estimate was $3.25B, while the lowest revenue estimate was $3.25B, resulting in an average revenue estimate of $3.25B. In the same quarter a year ago, actual revenue was $3.27B, down -0.40% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $3.31B in the next fiscal year. The high estimate is $3.31B and the low estimate is $3.31B. The average revenue growth estimate for next year is up 1.60% from the average revenue estimate for this year.

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