About Pitney Bowes (NYSE:PBI)
Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement products and solutions in the United States and internationally. The company operates in three segments: Small & Medium Business Solutions; Enterprise Business Solutions; and Digital Commerce Solutions. The Small & Medium Business Solutions segment provides mailing and office solutions; and financing services and supplies for small and medium businesses. The Enterprise Business Solutions segment offers equipment and services that enable large enterprises to process inbound and outbound mail. This segment also provides production mail inserting and sortation equipment, production print systems, and supplies and related support services, as well as mail presort services. The Digital Commerce Solutions segment provides a range of solutions, including customer information management, location intelligence, customer engagement software, shipping management, and cross border e-commerce solutions as traditional software licenses, enterprise platforms, software-as-a-service, and on-demand applications, as well as offers related support services. The company also provides revolving credit and interest-bearing deposit solutions. Pitney Bowes Inc. markets its products through sales force, direct mailings, telemarketing, and Web and partner channels. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.
Industry, Sector and Symbol
Industry Office machines, not elsewhere classified
Sub-IndustryOffice Services & Supplies
SectorComputer and Technology
Trailing P/E Ratio6.44
Forward P/E Ratio7.69
Sales & Book Value
Annual Sales$3.55 billion
Price / Sales0.48
Cash Flow$2.3832 per share
Price / Cash3.81
Book Value$1.01 per share
Price / Book8.99
EPS (Most Recent Fiscal Year)$1.41
Net Income$261.34 million
Return on Equity189.79%
Return on Assets3.91%
Pitney Bowes (NYSE:PBI) Frequently Asked Questions
What is Pitney Bowes' stock symbol?
Pitney Bowes trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBI."
How often does Pitney Bowes pay dividends? What is the dividend yield for Pitney Bowes?
Pitney Bowes declared a quarterly dividend on Monday, May 7th. Stockholders of record on Friday, May 25th will be given a dividend of $0.1875 per share on Monday, June 11th. This represents a $0.75 annualized dividend and a dividend yield of 8.26%. The ex-dividend date of this dividend is Thursday, May 24th. View Pitney Bowes' Dividend History.
How were Pitney Bowes' earnings last quarter?
Pitney Bowes Inc. (NYSE:PBI) released its earnings results on Wednesday, May, 2nd. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.01. The technology company had revenue of $983.20 million for the quarter, compared to the consensus estimate of $930.38 million. Pitney Bowes had a net margin of 6.76% and a return on equity of 189.79%. The business's revenue was up 17.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.36 EPS. View Pitney Bowes' Earnings History.
When is Pitney Bowes' next earnings date?
What guidance has Pitney Bowes issued on next quarter's earnings?
Pitney Bowes issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share (EPS) guidance of $1.15-1.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.45. The company issued revenue guidance of $3.94-4.08 billion, compared to the consensus revenue estimate of $3.89 billion.
What price target have analysts set for PBI?
4 equities research analysts have issued 1-year price targets for Pitney Bowes' stock. Their predictions range from $10.00 to $17.00. On average, they expect Pitney Bowes' stock price to reach $13.00 in the next twelve months. View Analyst Ratings for Pitney Bowes.
What are Wall Street analysts saying about Pitney Bowes stock?
Here are some recent quotes from research analysts about Pitney Bowes stock:
- 1. Maxim Group analysts commented, "We expect an inflection point in earnings in 2018 following multiple years of secular decline." (5/31/2018)
- 2. According to Zacks Investment Research, "Pitney Bowes has a choppy earnings history, having missed estimate twice in the trailing four quarters, for as many beats. The company’s concerted efforts to transform its business have started to yield results, as evident from growth across most business lines during recent quarters. Further, the company’s efforts to optimize its new enterprise business platform to boost profitability are showing impressive results. This apart, the thriving global ecommerce business and new product launches are anticipated to bolster the top line. However, over the past year, Pitney Bowes’ shares have witnessed a steep negative return against the industry’s average growth. As the company continues to transform its portfolio and make necessary investments to boost sales, it expects pressure on margins on account in the short term. Changing business mix is also likely to impact the bottom line adversely." (4/3/2018)
Who are some of Pitney Bowes' key competitors?
Some companies that are related to Pitney Bowes include SINA (SINA), CSRA (CSRA), Osram Licht (OSR), Semiconductor Manufacturing Int'l (SMI), Nice (NICE), Paycom Software (PAYC), Konami (KNMCY), EPAM Systems (EPAM), BlackBerry (BB), Atlassian (TEAM), Ricoh (RICOY), BWX Technologies (BWXT), NIKON Corp/ADR (NINOY), Ubiquiti Networks (UBNT) and Semiconductor Manufacturing International (SIUIF).
Who are Pitney Bowes' key executives?
Pitney Bowes' management team includes the folowing people:
- Mr. Marc B. Lautenbach, Pres, CEO & Director (Age 57)
- Mr. Stanley J. Sutula III, Exec. VP & CFO (Age 52)
- Mr. Michael Monahan, Exec. VP & COO (Age 57)
- Mr. Roger J. Pilc, Exec. VP & Chief Innovative Officer (Age 50)
- Mr. Joseph Ronald Catapano Cpa, VP & Chief Accounting Officer
Has Pitney Bowes been receiving favorable news coverage?
News articles about PBI stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Pitney Bowes earned a news impact score of 0.11 on Accern's scale. They also assigned media stories about the technology company an impact score of 46.55 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Pitney Bowes' major shareholders?
Pitney Bowes' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.61%), LSV Asset Management (2.86%), Millennium Management LLC (2.23%), Dimensional Fund Advisors LP (1.38%), Schroder Investment Management Group (1.26%) and Northern Trust Corp (0.87%). Company insiders that own Pitney Bowes stock include Daniel J Goldstein, Linda S Sanford, Marc Bradley Lautenbach, Robert Guidotti and Stanley J Sutula III. View Institutional Ownership Trends for Pitney Bowes.
Which major investors are selling Pitney Bowes stock?
PBI stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, BlackRock Inc., Segall Bryant & Hamill LLC, Wedge Capital Management L L P NC, Federated Investors Inc. PA, Prudential Financial Inc., SkyBridge Capital II LLC and Freestone Capital Holdings LLC. View Insider Buying and Selling for Pitney Bowes.
Which major investors are buying Pitney Bowes stock?
PBI stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Mackay Shields LLC, American Century Companies Inc., BNP Paribas Arbitrage SA, Alambic Investment Management L.P., Spark Investment Management LLC, LSV Asset Management and Susquehanna Fundamental Investments LLC. Company insiders that have bought Pitney Bowes stock in the last two years include Daniel J Goldstein, Linda S Sanford, Marc Bradley Lautenbach, Robert Guidotti and Stanley J Sutula III. View Insider Buying and Selling for Pitney Bowes.
How do I buy shares of Pitney Bowes?
Shares of PBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pitney Bowes' stock price today?
One share of PBI stock can currently be purchased for approximately $9.08.
How big of a company is Pitney Bowes?
Pitney Bowes has a market capitalization of $1.70 billion and generates $3.55 billion in revenue each year. The technology company earns $261.34 million in net income (profit) each year or $1.41 on an earnings per share basis. Pitney Bowes employs 14,700 workers across the globe.
How can I contact Pitney Bowes?
Pitney Bowes' mailing address is 3001 SUMMER STREET, STAMFORD CT, 06926. The technology company can be reached via phone at 203-356-5000 or via email at [email protected]
MarketBeat Community Rating for Pitney Bowes (PBI)MarketBeat's community ratings are surveys of what our community members think about Pitney Bowes and other stocks. Vote "Outperform" if you believe PBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PBI will underperform the S&P 500 over the long term. You may vote once every thirty days.