Pitney Bowes Inc. (PBI): A Haven In Rough Seas?

Wall Street analysts will be watching closely when Pitney Bowes Inc. (NYSE:PBI) reports its quarterly earnings next, which is scheduled for Wed 1 May (In 78 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.21 per share. In the preceding quarter, the company reportedly generated EPS of $0.38 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 10.50%, a profit margin of 7.10% and a gross margin of 48.60%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Pitney Bowes Inc. (NYSE:PBI). Most recently, on February 6th, 2019, Northcoast Downgrade a Neutral rating. Before that, on June 1st, 2018, Maxim Group Initiated to Buy. Sidoti Upgrade a Buy rating on August 2nd, 2017, Cross Research Downgrade an Sell rating on August 2nd, 2017, and Loop Capital Initiated a Hold rating on July 28th, 2017.

At its current price point, combined with the fact that this company has 190.61M shares outstanding, the current market capitalization sits at 1.34B. In the last trading day, 4,393,605 shares of Pitney Bowes Inc. were traded, which compares to its usual volume of about 2.90M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.45 in the past five trading days, resulting in a percentage change of +6.82% and a moving average of 6.99. In the past 20 days, its price changed by $0.07 (which is +1.00%) and the stock’s moving average was 7.06. Looking back a full 50 days, shares of PBI changed by -$1.31 (which is -15.67%) and demonstrated a moving average of 6.86.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 73.73%, a 14-day Stochastic %K score of 73.73% and a 20-day Stochastic %K score of 64.25%. Using a similar metric, Pitney Bowes Inc. (PBI) shares showed a Stochastic %D of 70.25% over the past 9 days, a Stochastic %D score of 69.37% over the last 14 days, and a 20-day Stochastic %D of 60.47%. Meanwhile, this stock’s MACD Oscillator was 0.09 over the past 9 days, 0.02 over the past two weeks, and -0.01 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $7.05 level. Over the past 12 months, this stock has experienced a high price of $13.09 and a low of $5.51. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Pitney Bowes Inc. (NYSE:PBI) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 23,307,441 shares of the company’s stock following the addition of 142,120 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 12.42% stake in Pitney Bowes Inc. (PBI)’s shares.

Just in the most recent trading day, Pitney Bowes Inc. (NYSE:PBI) experienced a high price of $7.41 and low point of $7.03. At the end of the last trading session, this stock was at 7.05 per share, following a gain of $0.05, or -2.08% during the full day.