FY2025 EPS Estimates for Pitney Bowes Reduced by Sidoti Csr

Pitney Bowes Inc. (NYSE:PBI) – Equities research analysts at Sidoti Csr lowered their FY2025 earnings estimates for shares of Pitney Bowes in a report issued on Thursday, October 30th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the technology company will post earnings per share of $1.29 for the year, down from their prior estimate of $1.30. The consensus estimate for Pitney Bowes’ current full-year earnings is $1.21 per share. Sidoti Csr also issued estimates for Pitney Bowes’ Q1 2026 earnings at $0.32 EPS, Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.35 EPS, Q1 2027 earnings at $0.34 EPS, Q2 2027 earnings at $0.32 EPS, Q3 2027 earnings at $0.37 EPS and FY2027 earnings at $1.45 EPS.

A number of other research firms have also recently weighed in on PBI. Wall Street Zen cut shares of Pitney Bowes from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Pitney Bowes in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Pitney Bowes Stock Performance

NYSE:PBI opened at $9.90 on Friday. The stock has a market capitalization of $1.70 billion, a P/E ratio of 21.99, a PEG ratio of 0.57 and a beta of 1.27. The company has a 50 day moving average price of $11.54 and a 200 day moving average price of $10.80. Pitney Bowes has a fifty-two week low of $6.88 and a fifty-two week high of $13.11.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). The company had revenue of $459.68 million for the quarter, compared to analysts’ expectations of $467.45 million. Pitney Bowes had a negative return on equity of 40.31% and a net margin of 4.14%.The business’s revenue for the quarter was down 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.21 EPS. Pitney Bowes has set its FY 2025 guidance at 1.300-1.300 EPS.

Institutional Investors Weigh In On Pitney Bowes

A number of hedge funds and other institutional investors have recently modified their holdings of PBI. Alyeska Investment Group L.P. acquired a new stake in shares of Pitney Bowes in the 1st quarter valued at $11,032,000. Hennessy Advisors Inc. acquired a new stake in shares of Pitney Bowes in the 2nd quarter valued at $12,660,000. Invesco Ltd. raised its stake in Pitney Bowes by 38.9% during the 1st quarter. Invesco Ltd. now owns 2,918,742 shares of the technology company’s stock worth $26,415,000 after acquiring an additional 817,953 shares in the last quarter. Deutsche Bank AG raised its stake in Pitney Bowes by 493.1% during the 1st quarter. Deutsche Bank AG now owns 850,538 shares of the technology company’s stock worth $7,697,000 after acquiring an additional 707,133 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in Pitney Bowes by 2,074.5% during the 1st quarter. AQR Capital Management LLC now owns 728,483 shares of the technology company’s stock worth $6,593,000 after acquiring an additional 694,982 shares in the last quarter. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Brent D. Rosenthal acquired 3,000 shares of Pitney Bowes stock in a transaction dated Wednesday, September 3rd. The shares were acquired at an average cost of $11.97 per share, for a total transaction of $35,910.00. Following the acquisition, the director owned 3,000 shares of the company’s stock, valued at $35,910. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 9.00% of the stock is owned by corporate insiders.

Pitney Bowes announced that its Board of Directors has approved a stock buyback program on Wednesday, July 30th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the technology company to purchase up to 18.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Pitney Bowes Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 8th. Shareholders of record on Monday, November 10th will be given a $0.09 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $0.36 annualized dividend and a yield of 3.6%. This is a boost from Pitney Bowes’s previous quarterly dividend of $0.08. Pitney Bowes’s dividend payout ratio is -53.33%.

About Pitney Bowes

Pitney Bowes Inc, a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.