Pitney Bowes, Inc (NYSE:PBI) shares, rose in value, with the stock price up by 8.91% to the previous day’s close as strong demand from buyers drove the stock to $10.63.
Actively observing the price movement in the recent trading, the stock is buoying the session at $9.76, falling within a range of $9.86 and $10.81. The value of beta (5-year monthly) is 1.963 whereas the PE ratio is 148.05 over 12-month period. Referring to stock’s 52-week performance, its high was $9.95, and the low was $3.73. On the whole, PBI has fluctuated by 50.35% over the past month.
With the market capitalization of Pitney Bowes, Inc currently standing at about $1.93 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.20, with its dividend yield at 1.88%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.99B, with a low estimate of 498.99M and a high estimate of 498.99M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 498.99M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PBI’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of PBI currently trading nearly 23.43% and 33.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 79.44, while the 7-day volatility ratio is showing 6.22% which for the 30-day chart, stands at 4.82%. Furthermore, Pitney Bowes, Inc (PBI)’s beta value is 2.05, and its average true range (ATR) is 0.48.
A comparison of Pitney Bowes, Inc (PBI) with its peers suggests the former has fared considerably weaker in the market. PBI showed an intraday change of 8.91% in today’s session so far, and over the past year, it grew by 153.70%%.
Data on historical trading for Pitney Bowes, Inc (NYSE:PBI) indicates that the trading volumes over the past 10 days have averaged 2.62 and over the past 3 months, they’ve averaged 2.04 million. According to company’s latest data on outstanding shares, there are 181.70 million shares outstanding.
Nearly 1.62% of Pitney Bowes, Inc’s shares belong to company insiders and institutional investors own 69.73% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.28 million shares as on 2025-01-31, resulting in a short ratio of 5.49. According to the data, the short interest in Pitney Bowes, Inc (PBI) stood at 825.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 14.17 million. The stock has risen by 46.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PBI stock heading into the next quarter.
