With 1.35 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.26 million shares. During the session, the Integrated Freight & Logistics company that operates in wider Industrials sector, reached to the highest price of $6.88 whereas the lowest price it dropped to was $6.62. The 52-week range on PBI shows that it touched its highest point at $7.70 and its lowest point at $2.87 during that stretch. It currently has a 1-year price target of $13.00. With its current market cap of 1.19 billion, PBI has annualized dividend of $0.20 while the current yield stands at 3.01%. Beta for the stock currently stands at 1.97.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PBI was up-trending over the past week, with a rise of 2.47%, but this was down by -8.03% over a month. Three-month performance surged to 36.63% while six-month performance rose 61.56%. The stock gained 101.82% in the past year, while it has gained 50.91% so far this year. A look at the trailing 12-month EPS for PBI yields -1.50 with Next year EPS estimates of 0.97. For the next quarter, that number is 0.14. This implies an EPS growth rate of 812.50% for this year and 167.12% for next year.
Float and Shares Shorts:
At present, 176.37 million PBI shares are outstanding with a float of 160.38 million shares on hand for trading. On 2024-08-30, short shares totaled 11.73 million, which was 652.9999999999999 higher than short shares on 1722384000. In addition to Dr. James Arthur Fairweather as the firm’s Executive VP & Chief Innovation Officer, Mr. Lance E. Rosenzweig serves as its Interim CEO & Director.
Institutional Ownership:
Through their ownership of 0.67262 of PBI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, PBI reported revenue of $793170000.0 and operating income of $37911000.0. The EBITDA in the recently reported quarter was $78645000.0 and diluted EPS was -$0.14.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PBI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
