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What Makes Pitney Bowes (PBI) a Strong Momentum Stock: Buy Now?
PBIPitney Bowes(PBI) ZACKS·2025-03-05 18:01

Core 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] Group 1: Company Overview - Pitney Bowes (PBI) currently holds a Momentum Style Score of B, indicating potential for strong performance based on price changes and earnings estimate revisions [3] - PBI has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [4] Group 2: Performance Metrics - Over the past week, PBI shares increased by 4.94%, while the Zacks Office Automation and Equipment industry declined by 0.53% [6] - In the last month, PBI's price rose by 14.71%, significantly outperforming the industry's 2.93% [6] - PBI shares have risen by 27.13% over the past quarter and 142.23% over the last year, compared to the S&P 500's -4.73% and 14.1% respectively [7] Group 3: Trading Volume - PBI's average 20-day trading volume is 3,170,652 shares, which serves as a bullish indicator when combined with rising stock prices [8] Group 4: Earnings Outlook - In the past two months, one earnings estimate for PBI increased, while none decreased, raising the consensus estimate from 1.08to1.08 to 1.21 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating positive earnings momentum [10] Group 5: Conclusion - Given the strong performance metrics and positive earnings outlook, PBI is positioned as a promising investment opportunity with a Momentum Score of B [12]