Analyst Ratings for Pitney Bowes Inc. (PBI)Updated: 2017-07-26
Shares of Pitney Bowes Inc. (NYSE:PBI) have received a consensus rating of Overweight from Wall Street analysts. PBI had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 2 analysts, 0 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for PBI. The maximum price target given was 22, implying a possible profit of 38.89 percent. The most pessimistic analyst gave a price target of 14, implying potential capital losses of -11.62 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -12.2 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.28 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
PBI has an estimated earnings growth rate of 229.29 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PBI is 0.13.
In the trailing 52-weeks, PBI hit 19.33 at the highest peak, while it's lowest trading point was 12.31. Currently the stock is 28.68 percent higher than its low, and below the high by 18.05 percent. PBI has a price/earnings ratio of 30.13. Investors typically compare the P/E ratio to a company's peers in the industry. The PBI value stock report compares PBI to some of its peers using value stock charts. The stock has a market capitalization of $2.98 billion. PBI will post this quarters earnings in days, on 0000-00-00.