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.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.In addition to the Zacks Rank ...

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 ...

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 ...

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 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 ...

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 ...

Company Performance - Pitney Bowes reported quarterly earnings of $0.03 per share, exceeding the Zacks Consensus Estimate of a loss of $0.06 per share, and compared to a loss of $0.02 per share a year ago, indicating a 150% earnings surprise [1] - The company achieved revenues of $793.17 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.79%, and up from $776.48 million in the same quarter last year [1] - Over the last four quarters, Pitney Bowes has consistently surpassed consensus EPS and revenue estimates [1] Stock Performance - Since the beginning of the year, Pitney Bowes shares have increased by approximately 28.4%, significantly outperforming the S&P 500's gain of 9% [2] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $787.27 million, and for the current fiscal year, it is $0.08 on revenues of $3.27 billion [4] Industry Outlook - The Office Automation and Equipment industry, to which Pitney Bowes belongs, is currently ranked in the top 27% of over 250 Zacks industries, indicating a favorable outlook [5] - Empirical research suggests that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than a factor of 2 to 1 [5]

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 ...

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 ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - Identifying the right entry point for fast-moving stocks is challenging, and investors may end up with expensive shares that have limited upside [1] Group 2: Pitney Bowes (PBI) as a Momentum Stock - PBI has shown a price increase of 42.9% over the past four weeks, indicating growing investor interest [2] - Over the past 12 weeks, PBI's stock gained 62.6%, demonstrating its ability to deliver positive returns over a longer timeframe [3] - PBI has a beta of 1.99, suggesting it moves 99% higher than the market in either direction, indicating fast-paced momentum [3] Group 3: Earnings Estimates and Valuation - PBI has a Momentum Score of B, suggesting it is a favorable time to invest in the stock [3] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [4] - PBI is trading at a Price-to-Sales ratio of 0.38, indicating it is reasonably valued at 38 cents for each dollar of sales [4] Group 4: Additional Investment Opportunities - Besides PBI, there are other stocks that meet the criteria of 'Fast-Paced Momentum at a Bargain' [5] - The Zacks Premium Screens offer various strategies to identify potential winning stocks based on different investing styles [5]