Stock To Watch: Pitney Bowes Inc. (NYSE:PBI)


The leading market experts have placed a mean price target of $23.17 on Pitney Bowes Inc. (NYSE:PBI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.58 a share for the upcoming quarter and $1.76 for the current fiscal.

Technical View

The technical analysis of Pitney Bowes Inc. Common Stock plainly substantiates that the 50-day moving average of Pitney Bowes Inc. Common Stock is $18.67, and stock is trading $0.24 points away or +1.27% from its 50-day moving average of $18.67. Further it is trading $-0.19 or -0.98% away its 200-day moving average of $19.10. Pitney Bowes Inc. (NYSE:PBI) 52-week high is $21.81 and the 52-week low is $16.24.

This explains if the stock moves $-2.90, it will post a 52-week high. In event of +16.44% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Pitney Bowes Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Pitney Bowes Inc. (NYSE:PBI) ratio came in at 12.84.

The stock last ended the trading session at $18.91 and registered a market cap of $3.51B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Pitney Bowes Inc. (NYSE:PBI) PEG ratio is at 2.69.

1 Chart Pattern Every Investor Should Know

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