Pitney Bowes, Inc. (PBI) Stock Price Fluctuations: Highs and Lows

In the latest session, Pitney Bowes, Inc. (NYSE: PBI) closed at $4.38 up 3.30% from its previous closing price of $4.24. In other words, the price has increased by $+0.1400 from its previous closing price. On the day, 914029 shares were traded.

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Ratios:

For a deeper understanding of Pitney Bowes, Inc.’s stock, let’s take a closer look at its various 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 773.20M and an Enterprise Value of 2.63B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24. Its current Enterprise Value per Revenue stands at 0.81 whereas that against EBITDA is -31.99.

Stock Price History:

Over the past 52 weeks, PBI has reached a high of $4.58, while it has fallen to a 52-week low of $2.80. The 50-Day Moving Average of the stock is 4.1022, while the 200-Day Moving Average is calculated to be 3.7833.

Shares Statistics:

For the past three months, PBI has traded an average of 1.47M shares per day and 1.44M over the past ten days. A total of 176.37M shares are outstanding, with a floating share count of 153.62M. Insiders hold about 12.98% of the company’s shares, while institutions hold 61.18% stake in the company. Shares short for PBI as of Feb 29, 2024 were 10.73M with a Short Ratio of 7.70, compared to 9.86M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.08% and a Short% of Float of 6.85%.

Dividends & Splits

According to the company, the forward annual dividend rate for PBI is 0.20, from 0.20 in the trailing year. Against a Trailing Annual Dividend Yield of 4.72%, it implies a Forward Annual Dividend Yield of 4.57%. The stock’s 5-year Average Dividend Yield is 5.39. 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

There are 2 different market analysts currently analyzing its stock. 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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