For its third fiscal quarter (ending September 30), Pitney Bowes Inc. (NYSE: PBI) has reported a -1071% decline in E.P.S. from $-0.07 a year ago to $0.68 in the current quarter. For the latest four quarters through September 30, E.P.S. were $-0.46 versus $-0.88 for the same period a year ago — a decline of -48%.
Recent Price Action
Pitney Bowes Inc. (NYSE: PBI) stock enjoyed a large increase of 2.3% on 11/7/24. The stock closed at $8.05. Moreover, trading volume in this advance was exceptionally high at 237% of normal. The stock has risen 9.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
PBI’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Pitney Bowes is currently unrated.
Rating Review
The stock is currently unrated.
Be the first to comment