Pitney Bowes Inc. (NYSE:PBI) reported financial results for the third quarter 2016. Revenue totaled about $839 million for the past quarter, a 4 percent decrease from its third-quarter total of about $870 million for 2015.
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Radian Group Inc. (NYSE:RDN) now has mean rating of 1.90 while 6 analysts have commented the shares as “BUY”, 6 recommended as “OUTPERFORM” and 3 commented as “HOLD”. The Company’s business is organized around three sets of solutions, which include small and medium business (SMB) Solutions, enterprise business solutions and digital commerce solutions (DCS).
Parsley Energy Inc (NYSE:PE) traded 6,069,070 shares on last trading day with closing price of $33.19.
Analyst’s Analysis on Pitney Bowes Inc. The company’s quarterly revenue was down 3.5% compared to the same quarter a year ago.
Enterprise-business solutions revenues grew by 1 percent to approximately $220 million, boosted by growth in production mail. The EPS of company is strolling at 4.98.
However, the latest stumbles will still knock the company just off its already-weak 2016 growth forecast. (NYSE:PBI) stands at -7.42 while the industry’s and the sector’s growth for next 5 years ticked at 2.37 and 7.14 respectively. Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively. Pitney Bowes Inc. (NYSE:PBI) marked 52-week highest price level of $21.37 on 04/19/16 and 52-week lowest price level of $15.73 on 11/01/16.
PBI shares are trading -31.10% below the 52-week high and has displayed a high EPS growth of 5.00% in last 5 years. They presently have a $20.00 target price on the stock, down from their previous target price of $24.00. Zacks Investment Research raised Pitney Bowes from a “sell” rating to a “hold” rating in a research note on Friday, September 2nd.
While looking at the Stock’s Performance, Pitney Bowes Inc. now shows a Weekly Performance of -16.63%, where Monthly Performance is -19.45%, Quarterly performance is -18.4%, 6 Months performance is -20.63% and yearly performance percentage is -29.1%. Its six months performance indicated a bearish movement while its yearly performance reflected a negative trend of -29.10%. During the twelve month it lost -27.41% and year to date performance of -26.43%. (NYSE:PBI) now have an ABR of 1.50, derived from a total of 4 opinions. Due to strong positive momentum, the stock ended at $18.09, which is also near the day’s high of $18.14. Brean Capital analysts disclosed their opinion on Pitney Bowes Inc. Weekly volatility of THC is 7.58% and monthly volatility is 4.73%. During the same period in the prior year, the business earned $0.43 earnings per share.
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Pitney Bowes Inc. (NYSE:PBI) now has a PEG ratio of 2.52 where as its P/E ratio is 10.07. The stock now provides a dividend yield of 4.15% for the Consumer Goods company. The liquidity measure in recent quarter results of the firm was recorded 1.20 as current ratio. Pitney Bowes had a return on equity of 254.58% and a net margin of 8.63%. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.
