Pitney Bowes Inc. (PBI) Soars to 52-Week High, Time to Cash Out?

Core Viewpoint - Pitney Bowes (PBI) has shown strong stock performance, with a 6.8% increase over the past month and a 51.1% gain since the start of the year, outperforming both the Zacks Computer and Technology sector and the Zacks Office Automation and Equipment industry, which gained 5.5% and 51.1% respectively [1] Financial Performance - The company has a strong record of positive earnings surprises, beating the Zacks Consensus Estimate in the last four quarters, with the latest EPS reported at $0.33 against a consensus estimate of $0.28 [2] - For the current fiscal year, Pitney Bowes is expected to post earnings of $1.25 per share on revenues of $1.97 billion, reflecting a 52.44% change in EPS and a -25.28% change in revenues. For the next fiscal year, earnings are projected to be $1.34 per share on revenues of $1.98 billion, indicating a year-over-year change of 7.2% and 0.41% respectively [3] Valuation Metrics - The stock currently trades at 8.8 times the current fiscal year EPS estimates, below the peer industry average of 11.3 times. On a trailing cash flow basis, it trades at 6.9 times compared to the peer group's average of 6.3 times. The stock has a PEG ratio of 0.58, positioning it favorably for value investors [7] Style Scores and Zacks Rank - Pitney Bowes has a Value Score of A, a Growth Score of B, and a Momentum Score of F, resulting in a combined VGM Score of B. This suggests the stock is a suitable choice for value-oriented investors [6] - The stock holds a Zacks Rank of 2 (Buy), supported by a solid earnings estimate revision trend, making it a potential candidate for investment in the near future [8]