With 2.0 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.77 million shares. During the session, the Integrated Freight & Logistics company that operates in wider Industrials sector, reached to the highest price of $7.345 whereas the lowest price it dropped to was $7.175. The 52-week range on PBI shows that it touched its highest point at $8.80 and its lowest point at $3.68 during that stretch. It currently has a 1-year price target of $15.00. With its current market cap of 1.32 billion, PBI has annualized dividend of $0.20 while the current yield stands at 2.74%. Beta for the stock currently stands at 1.99.
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 1.96%, but this was down by -11.10% over a month. Three-month performance surged to 2.53% while six-month performance rose 43.50%. The stock gained 69.53% in the past year, while it has gained 65.68% so far this year. A look at the trailing 12-month EPS for PBI yields -0.99 with Next year EPS estimates of 1.05. For the next quarter, that number is 0.14. This implies an EPS growth rate of 825.00% for this year and 183.78% for next year.
Float and Shares Shorts:
At present, 181.34 million PBI shares are outstanding with a float of 163.11 million shares on hand for trading. On 2024-12-13, short shares totaled 12.93 million, which was 712.0 higher than short shares on 1731628800. In addition to Dr. James Arthur Fairweather as the firm’s Executive VP & Chief Innovation Officer, Mr. Lance E. Rosenzweig serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.70443 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 2024-09-30, PBI reported revenue of $499463000.0 and operating income of $79999000.0. The EBITDA in the recently reported quarter was $85244000.0 and diluted EPS was -$0.77.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With PBI analysts setting a high price target of 15.0 and a low target of 15.0, the average target price over the next 12 months is 15.0. Based on these targets, PBI could surge 105.76% to reach the target high and rise by 105.76% to reach the target low. Reaching the average price target will result in a growth of 105.76% from current levels.
Analysts have provided yearly estimates in a range of $0.37 being high and $0.37 being low. For PBI, this leads to a yearly average estimate of $0.37. Based on analyst estimates, the high estimate for the next quarter is $0.26 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.26.
