Pitney Bowes(PBI) ZACKS·2025-01-31 18:01Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Pitney Bowes (PBI) - Pitney Bowes currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3][4]. - The company has shown significant price performance, with shares up 16.97% over the past week and 22.72% over the past month, compared to the Zacks Office Automation and Equipment industry, which saw increases of 0.94% and 0.83% respectively [6][7]. Price Performance Metrics - Over the last three months, PBI shares have increased by 10.06%, and over the past year, they have gained 113.49%, while the S&P 500 has only moved 4.7% and 24.79% respectively [7]. - The average 20-day trading volume for PBI is 1,922,039 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In terms of earnings estimates, PBI has seen one upward revision in the past two months, raising the consensus estimate from 0.40 for the full year, with no downward revisions [10]. - For the next fiscal year, there has also been one upward estimate revision, indicating positive sentiment regarding future earnings [10]. Conclusion - Given the strong momentum indicators and positive earnings outlook, Pitney Bowes is positioned as a solid momentum pick for investors seeking short-term gains [12].