Pitney Bowes(PBI)
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Are You Looking for a Top Momentum Pick? Why Pitney Bowes (PBI) is a Great Choice
ZACKS· 2024-08-14 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Why Fast-paced Mover Pitney Bowes (PBI) Is a Great Choice for Value Investors
ZACKS· 2024-08-14 13:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Pitney Bowes(PBI) - 2024 Q2 - Quarterly Report
2024-08-09 18:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission file number: 1-03579 PITNEY BOWES INC. (Exact name of registrant as specified in its charter) State of incorporation: Dela ...
Pitney Bowes(PBI) - 2024 Q2 - Earnings Call Transcript
2024-08-09 18:10
Pitney Bowes Inc. (NYSE:PBI) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Alex Brown - Director, Investor Relations. Lance Rosenzweig - Interim CEO & Director John Witek - Interim Chief Financial Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company, LLC Matthew Swope - Robert W. Baird & Co. Peter Sakon - CreditSights Inc. David Steinhardt - Contrarian Capital Will Brunemann - Northcoast Research Justin Dopierala - DOMO Capital Management Jeff Harlib ...
Why Pitney Bowes Is Delivering for Investors Today
The Motley Fool· 2024-08-09 16:29
The company just took an important step to get a big albatross off of its back.Pitney Bowes (PBI 11.27%) has agreed to liquidate much of its money-losing e-commerce business with the help of Hilco Global. Investors are cheering the news, sending Pitney Bowes shares up as much as 35% at the open and up 14% as of 11:30 a.m. ET.A big step toward a turnaroundShares of shipping company Pitney Bowes have lost about half their value since the beginning of 2021, with the company weighed down by some poor decisions ...
Pitney Bowes (PBI) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-09 00:27
Pitney Bowes (PBI) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this mailing equipment and software company would post a loss of $0.04 per share when it actually produced a loss of $0.01, delivering a surprise of 75%.Over the last fou ...
Pitney Bowes(PBI) - 2024 Q2 - Quarterly Results
2024-08-08 21:12
Exhibit 99.1 1 Press Release Pitney Bowes Announces Financial Results for Second Quarter of Fiscal Year 2024 and Provides a Progress Update on Strategic Initiatives Company Updates Full Year Guidance Following Recent Value-Enhancing Actions and Strong First-Half Performance STAMFORD, Conn, August 8, 2024 – Pitney Bowes (NYSE: PBI) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the Company's financial resul ...
Pitney Bowes (PBI) Is Up 1.04% in One Week: What You Should Know
ZACKS· 2024-07-22 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Despite Fast-paced Momentum, Pitney Bowes (PBI) Is Still a Bargain Stock
ZACKS· 2024-07-19 13:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...
Pitney Bowes: When Less Is More
Seeking Alpha· 2024-07-08 09:02
Tony Anderson Introduction to Pitney Bowes Pitney Bowes (NYSE:PBI) has a long history, but its most recent one is not very encouraging. The company has been around for 104 years, offering Business Service such as mailing equipment, software, e-commerce technologies and shipment services. The company even owns its own bank, a tribute to the diversity of services it provides. Share price (under)performance Since its peak in 1998, around $66 per share, the company has been in a vicious decline. The last te ...