Media headlines about Pitney Bowes (NYSE:PBI) have trended somewhat positive on Friday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pitney Bowes earned a news impact score of 0.19 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 46.4202475120226 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern’s analysis:
- Pitney Bowes Inc. (NYSE: PBI) – Intraday Trade Secrets – Alpha Beta Stock (alphabetastock.com)
- Pitney Bowes Launches Global Collaboration Community to Foster Innovation among Location Intelligence Experts – Business Wire (press release) (businesswire.com)
- YieldBoost Pitney Bowes To 12.7% Using Options (nasdaq.com)
- Pitney Bowes Inc. (PBI) Plans Quarterly Dividend of $0.19 (americanbankingnews.com)
Pitney Bowes (NYSE:PBI) opened at $9.97 on Friday. The company has a market capitalization of $1,860.00, a price-to-earnings ratio of 6.24 and a beta of 1.24. Pitney Bowes has a 12-month low of $9.50 and a 12-month high of $16.60. The company has a debt-to-equity ratio of 35.49, a current ratio of 1.42 and a quick ratio of 1.37.
Pitney Bowes (NYSE:PBI) last issued its earnings results on Wednesday, November 1st. The technology company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.10). The firm had revenue of $842.82 million during the quarter, compared to the consensus estimate of $837.60 million. Pitney Bowes had a negative return on equity of 5,297.85% and a net margin of 2.64%. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the business earned $0.44 earnings per share. analysts predict that Pitney Bowes will post 1.38 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend is Monday, November 20th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.52%. Pitney Bowes’s payout ratio is presently 159.57%.
Several research analysts recently commented on PBI shares. Zacks Investment Research raised Pitney Bowes from a “sell” rating to a “hold” rating in a research report on Monday, September 4th. ValuEngine cut Pitney Bowes from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub raised Pitney Bowes from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Loop Capital started coverage on Pitney Bowes in a research report on Friday, July 28th. They issued a “hold” rating and a $16.00 target price for the company. Finally, Cross Research cut Pitney Bowes from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Pitney Bowes presently has an average rating of “Hold” and an average price target of $14.50.
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Pitney Bowes Company Profile
Pitney Bowes Inc is a global technology company. The Company offers customer information management, location intelligence and customer engagement products and solutions to help its clients market to their customers, and shipping, mailing, and cross border e-commerce products and solutions that enable the sending of parcels and packages across the globe.
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