In the last trading session, 1.42 million Pitney Bowes, Inc. (NYSE:PBI) shares changed hands as the company’s beta touched 1.99. With the company’s per share price at $5.29 changed hands at $0.02 or 0.38% during last session, the market valuation stood at $946.28M. PBI’s last price was a discount, traded about -4.16% off its 52-week high of $5.51. The share price had its 52-week low at $2.80, which suggests the last value was 47.07% up since then. When we look at Pitney Bowes, Inc.’s average trading volume, we note the 3-month average coming to 1.41 million.
Pitney Bowes, Inc. (NYSE:PBI) trade information
Instantly PBI was in green as seen at the end of in last trading. With action 27.47%, the performance over the past five days has been green. The jump to weekly highs of 5.51 added 0.38% to the stock’s daily price. The company’s shares are showing year-to-date upside of 20.23%, with the 5-day performance at 27.47% in the green. However, in the 30-day time frame, Pitney Bowes, Inc. (NYSE:PBI) is 32.91% up.
Pitney Bowes, Inc. (PBI) estimates and forecasts
Data shows that the Pitney Bowes, Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 32.91% over the past 6 months, a -75.00% in annual growth rate that is considerably lower than the industry average of -20.70%. Year-over-year growth is forecast to reach -0.40% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 772.69M. 1 analysts are of the opinion that Pitney Bowes, Inc.’s revenue for the current quarter will be 793.83M. The company’s revenue for the corresponding quarters a year ago was 776.48M and 783.75M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.50%. The estimates for the next quarter sales put growth at 1.30%.
The 2024 estimates are for Pitney Bowes, Inc. earnings to decrease by -162.50%, but the outlook for the next 5-year period is at 6.00% per year.
PBI Dividends
Pitney Bowes, Inc. is expected to release its next quarterly earnings report in June. The 3.78% annual yield figure for the share gives it an annual dividend of 0.20. It is important to note, however, that the 3.78% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
