Pitney Bowes, Inc (PBI) concluded trading on Thursday at a closing price of $8.24, with 4.89 million shares of worth about $40.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.07% during that period and on January 23, 2025 the price saw a gain of about 12.57%. Currently the company’s common shares owned by public are about 181.34M shares, out of which, 163.11M shares are available for trading.
Stock saw a price change of 13.19% in past 5 days and over the past one month there was a price change of 15.24%. Year-to-date (YTD), PBI shares are showing a performance of 13.81% which increased to 88.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.68 but also hit the highest price of $8.80 during that period. The average intraday trading volume for Pitney Bowes, Inc shares is 1.89 million. The stock is currently trading 12.68% above its 20-day simple moving average (SMA20), while that difference is up 8.91% for SMA50 and it goes to 27.78% higher than SMA200.
Pitney Bowes, Inc (NYSE: PBI) currently have 181.34M outstanding shares and institutions hold larger chunk of about 60.60% of that.
The stock has a current market capitalization of $1.50B and its 3Y-monthly beta is at 1.98. It has posted earnings per share of -$0.99 in the same period. It has Quick Ratio of 0.84. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PBI, volatility over the week remained 4.99% while standing at 4.07% over the month.
Analysts are in expectations that Pitney Bowes, Inc (PBI) stock would likely to be making an EPS of 0.14 in the current quarter, while forecast for next quarter EPS is 0.26 and it is 1.02 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.14 which is 0.14 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.07 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 825.00% while it is estimated to increase by 183.78% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Sidoti on April 30, 2021 offering a Buy rating for the stock and assigned a target price of $10 to it. Stock get a Buy rating from National Securities on August 03, 2020.
