While Pitney Bowes, Inc. has overperformed by 10.20%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PBI rose by 17.07%, with highs and lows ranging from $4.58 to $2.80, whereas the simple moving average jumped by 13.63% in the last 200 days.
On April 30, 2021, Sidoti Upgraded Pitney Bowes, Inc. (NYSE: PBI) to Buy. A report published by Maxim Group on April 30, 2021, Upgraded its rating to ‘Buy’ for PBI. National Securities August 03, 2020d its ‘Neutral’ rating to ‘Buy’ for PBI, as published in its report on August 03, 2020. Northcoast also rated the stock as ‘Neutral’.
Analysis of Pitney Bowes, Inc. (PBI)
Investors in Pitney Bowes, Inc. will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.20 per share. Further, the quarter-over-quarter decrease in sales is -4.08%, showing a negative trend in the upcoming months.
One of the most important indicators of Pitney Bowes, Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 10.97% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.94, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and PBI is recording 1.44M average volume. On a monthly basis, the volatility of the stock is set at 4.28%, whereas on a weekly basis, it is put at 5.26%, with a gain of 2.13% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.00, showing growth from the present price of $4.32, which can serve as yet another indication of whether PBI is worth investing in or should be passed over.
How Do You Analyze Pitney Bowes, Inc. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 12.98%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 61.18% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PBI shares are owned by institutional investors to the tune of 61.18% at present.
