Pitney Bowes' restructuring and sale of its unprofitable Global e-Commerce Segment have led to a significant profit boost, with shares up about 100% in the past year. The stock trades at a modest 7x forward P/E ratio, with profitability gains expected to support the ticker in the second half of the year. The primary risk is declining mail volumes due to digitalization, but rising parcel volumes and high-margin SaaS services are expected to offset this.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Pitney Bowes (PBI) have what it takes?
Pitney Bowes Inc. (NYSE:PBI ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Alex Brown - Director-Investor Relations Lance Rosenzweig - Chief Executive Officer Bob Gold - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Kartik Mehta - Northcoast Research Anthony Lebiedzinski - Sidoti Peter Sakon - CreditSights Justin Dopierala - DOMO Capital Management, LLC David Steinhardt - Contrarian Capital Operator Thank you for standing by. My name is Janice, and I will be your conference operator today.
Pitney Bowes (PBI) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to loss of $0.01 per share a year ago.
PBI's first-quarter 2025 results are likely to benefit from strength in its Presort business and divestment of the GEC business, offset by weakness in the SendTech segment.
Pitney Bowes (PBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Pitney Bowes (PBI) have what it takes?
Pitney Bowes has seen its stock price nearly double since our last publication, significantly outperforming its peers from the industrial landscape, and the Russell 2000, by 7x and 46x respectively. We cover some of the major themes that could dominate PBI's upcoming Q1 earnings event, due to be held on May 7. We then proceed to lay out a few reasons as to why PBI may still come across as an appealing investment opportunity.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PBI's strong customer base, partners and robust financial recovery make the stock worth buying at present.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Pitney Bowes (PBI) have what it takes?
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