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.
PBI was given price targets by several analysts. The maximum price target given was 22, which equates to a potential upside of 38.89 percent. The minimum price target given was 14, which equates to a potential downside 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.28 percent in FY estimates.
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, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of PBI to grow at a rate of 229.29 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. PBI has a PEG ratio of 0.13.
In the last 52-weeks, PBI has achieved a high of 19.33 and a low of 12.31. Currently the stock is 28.68 percent higher than its low, and 18.05 percent below the high. PBI has a P/E 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 market cap of PBI is $2.98 billion. PBI will post this quarters earnings in days, on 0000-00-00.