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.
Investment analysts gave a few price targets for PBI. The highest price target was 22, which equates to a potential upside of 38.89 percent. The most pessimistic price target was 14, implying potential capital losses of -11.62 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -12.2 percent if we expand the time horizon to include the past 3 months instead of just one. 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, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PBI is 0.13.
In the last 52-weeks, PBI has achieved a high of 19.33 and a low of 12.31. The current market price is above the trailing year's low by 28.68 percent, and 18.05 percent lower than its 52-week 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's next earnings release will be on 0000-00-00, which is days away.