While Pitney Bowes, Inc has overperformed by 3.50%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PBI rose by 59.25%, with highs and lows ranging from $13.11 to $6.66, whereas the simple moving average jumped by 15.20% 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)
The current dividend for PBI investors is set at $0.26 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -41.76%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Pitney Bowes, Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 0.70, 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.
As an indicator of volatility for any stock, average volume can also be very valuable, and PBI is recording an average volume of 3.33M. On a monthly basis, the volatility of the stock is set at 2.69%, whereas on a weekly basis, it is put at 2.88%, with a gain of 2.31% over the past seven days. Furthermore, long-term investors anticipate a median target price of $17.00, showing growth from the present price of $11.53, 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?
Pitney Bowes, Inc (PBI) is based in the USA and is one of the most prominent companies operating in the Integrated Freight & Logistics market. When comparing Pitney Bowes, Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 20.51, there is a growth in quarterly earnings of 218.97%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. 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 1.27%. 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 75.32% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
