News coverage about Pitney Bowes (NYSE:PBI) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pitney Bowes earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.0834644592188 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
Several equities analysts have recently commented on the company. Zacks Investment Research raised Pitney Bowes from a “strong sell” rating to a “hold” rating in a research note on Monday, January 8th. ValuEngine lowered Pitney Bowes from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $14.50.
Pitney Bowes (NYSE:PBI) opened at $13.04 on Wednesday. Pitney Bowes has a 12 month low of $9.50 and a 12 month high of $16.25. The company has a market capitalization of $2,440.00, a price-to-earnings ratio of 10.96 and a beta of 1.12. The company has a quick ratio of 1.24, a current ratio of 1.28 and a debt-to-equity ratio of 18.92.
Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Wednesday, January 31st. The technology company reported $0.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.03. Pitney Bowes had a return on equity of 388.23% and a net margin of 7.36%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the company posted $0.53 EPS. The company’s quarterly revenue was up 18.3% on a year-over-year basis. sell-side analysts expect that Pitney Bowes will post 1.48 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 12th. Stockholders of record on Friday, February 16th will be paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 5.75%. The ex-dividend date of this dividend is Thursday, February 15th. Pitney Bowes’s dividend payout ratio (DPR) is presently 63.03%.
Pitney Bowes Company Profile
Pitney Bowes Inc is a global technology company. The Company offers customer information management, location intelligence and customer engagement products and solutions to help its clients market to their customers, and shipping, mailing, and cross border e-commerce products and solutions that enable the sending of parcels and packages across the globe.