Sidoti has recently raised Pitney Bowes Inc. (PBI) stock to Buy rating, as announced on April 30, 2021, according to Finviz. Earlier, on April 30, 2021, Maxim Group had raised the stock from a Hold to Buy. Maxim Group also resumed Hold rating. Additionally, Sidoti reduced Neutral rating on January 27, 2021. National Securities analysts, in their report published on August 3, 2020, also raised Buy rating for Pitney Bowes Inc.’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Pitney Bowes Inc. (PBI) Stock Trading Recap
On Friday, Pitney Bowes Inc. (PBI) stock saw a modest uptick, ending the day at $7.15 which represents a slight increase of $0.09 or 1.27% from the prior close of $7.06. The stock opened at $7.08 and touched a low of $6.97 during the day, reaching a high of $7.25. The volume of shares traded was 1.39 million falling short of the average volume of 1.88 million.
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PBI Stock Performance and Moving Averages
In recent trading, Pitney Bowes Inc. (PBI) stock price has shown some volatility, fluctuating 0.28% over the last five trades and 0.70% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 79.20%, and it has gained 4.99% in the previous three months. Currently, PBI is trading at 2.33%, 2.68%, and 33.30% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, PBI, a Industrials sector stock, is trading -7.10% below its 52-week high but remains 135.97% above its 52-week low. The Average True Range (ATR) (14 days) of 0.23 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Pitney Bowes Inc.’s Profitability and Valuation Ratios
Pitney Bowes Inc.’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 3.47% and a profit margin of -8.05%, with a gross margin of 79.20%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Pitney Bowes Inc.’s market capitalization stands at $1.28 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 7.33. Additionally, the Price-to-Sales Ratio is 0.39, reflecting the market’s valuation of the company’s sales.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 10.64% of Pitney Bowes Inc. (PBI)’s shares, while financial institutions hold 57.57%.
