PBI RSI Chart
Last 7 days
3.4%
Last 30 days
5.5%
Last 90 days
-0.7%
Trailing 12 Months
16.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.4B | 3.4B | 3.3B | 3.3B |
2022 | 3.7B | 3.7B | 3.6B | 3.5B |
2021 | 3.7B | 3.7B | 3.7B | 3.7B |
2020 | 3.2B | 3.3B | 3.4B | 3.6B |
2019 | 3.2B | 3.2B | 3.2B | 3.2B |
2018 | 3.2B | 3.2B | 3.3B | 3.2B |
2017 | 3.3B | 3.2B | 3.1B | 3.1B |
2016 | 3.5B | 3.5B | 3.5B | 3.4B |
2015 | 3.8B | 3.7B | 3.6B | 3.6B |
2014 | 3.8B | 3.8B | 3.8B | 3.8B |
2013 | 3.8B | 3.8B | 3.8B | 3.8B |
2012 | 4.8B | 4.5B | 4.1B | 3.8B |
2011 | 5.4B | 5.3B | 5.3B | 5.1B |
2010 | 5.5B | 5.5B | 5.4B | 5.4B |
2009 | 6.1B | 5.9B | 5.7B | 5.6B |
2008 | 0 | 6.2B | 6.2B | 6.3B |
2007 | 0 | 0 | 0 | 6.1B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 14, 2024 | nurmohamed shemin | acquired | - | - | 192 | evp & pres, sendtech solutions |
Mar 14, 2024 | zegras gregg | acquired | - | - | 281 | exec. vp & p. global ecommerce |
Mar 14, 2024 | nurmohamed shemin | sold (taxes) | -784 | 4.085 | -192 | evp & pres, sendtech solutions |
Mar 14, 2024 | zegras gregg | sold (taxes) | -1,147 | 4.085 | -281 | exec. vp & p. global ecommerce |
Mar 12, 2024 | dies jason | sold (taxes) | -18,697 | 4.085 | -4,577 | interim ceo |
Mar 12, 2024 | christoph stehmann | acquired | - | - | 6,013 | evp, int'l sendtech solutions |
Mar 12, 2024 | goldstein daniel j | acquired | - | - | 7,892 | evp/chief legal & corp sec. |
Mar 12, 2024 | gold andrew robert | sold (taxes) | -8,656 | 4.085 | -2,119 | svp, chief hr officer |
Mar 12, 2024 | christoph stehmann | sold (taxes) | -7,822 | 4.085 | -1,915 | evp, int'l sendtech solutions |
Mar 12, 2024 | chadwick ana maria | acquired | - | - | 9,395 | evp & chief financial officer |
Which funds bought or sold PBI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -2.77 | 44,578 | 151,567 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | sold off | -100 | -773,120 | - | -% |
Mar 15, 2024 | B. Riley Wealth Advisors, Inc. | reduced | -9.32 | 95,984 | 394,831 | 0.01% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -0.95 | 24,918,500 | 81,160,100 | -% |
Mar 01, 2024 | Pineridge Advisors LLC | new | - | 312 | 312 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 122 | 17,110,600 | 24,754,300 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.77 | 128,164 | 415,677 | -% |
Feb 26, 2024 | SYON CAPITAL LLC | unchanged | - | 14,669 | 46,772 | -% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 75,000 | 239,000 | -% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | reduced | -2.83 | 275,000 | 936,000 | -% |
Unveiling Pitney Bowes Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Pitney Bowes Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
FDX | 71.0B | 87.5B | 16.17 | 0.81 | ||||
GWW | 50.2B | 16.5B | 27.16 | 3.05 | ||||
FAST | 44.2B | 7.3B | 38.29 | 6.02 | ||||
JBHT | 20.2B | 12.8B | 27.69 | 1.57 | ||||
EXPD | 17.4B | 9.3B | 23.17 | 1.88 | ||||
MID-CAP | ||||||||
CHRW | 8.7B | 17.6B | 26.72 | 0.49 | ||||
KNX | 8.7B | 7.1B | 39.86 | 1.21 | ||||
AIT | 7.7B | 4.5B | 20.43 | 1.71 | ||||
BECN | 6.0B | 9.1B | 13.86 | 0.66 | ||||
ARCB | 3.2B | 4.4B | 16.51 | 0.73 | ||||
SMALL-CAP | ||||||||
BXC | 1.1B | 3.1B | 22.88 | 0.35 | ||||
CYRX | 887.5M | 233.3M | -8.91 | 3.8 | ||||
CVLG | 598.9M | 1.1B | 10.84 | 0.54 | ||||
DSKE | 391.3M | 1.6B | -22.11 | 0.25 | ||||
AIRT | 59.3M | 220.4M | -5.45 | 0.27 |
Pitney Bowes Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 11.2% | 872 | 784 | 776 | 835 | 909 | 831 | 871 | 927 | 984 | 875 | 899 | 915 | 1,028 | 892 | 837 | 796 | 831 | 790 | 789 | 795 | 857 |
Costs and Expenses | 37.4% | 1,099 | 800 | 927 | 846 | 901 | 821 | 874 | 902 | 982 | 868 | 873 | 957 | 1,011 | 881 | 821 | 1,025 | 823 | 810 | 756 | 790 | 747 |
S&GA Expenses | 6.6% | 223 | 209 | 223 | 242 | 227 | 210 | 227 | 243 | 225 | 225 | 236 | 238 | 242 | 239 | 234 | 249 | 247 | 254 | 241 | 262 | 206 |
R&D Expenses | -0.8% | 10.00 | 10.00 | 10.00 | 10.00 | 11.00 | 10.00 | 11.00 | 11.00 | 14.00 | 11.00 | 11.00 | 11.00 | 10.00 | 9.00 | 7.00 | 12.00 | 13.00 | 12.00 | 14.00 | 13.00 | 4.00 |
EBITDA Margin | -277.3% | -0.04* | 0.03* | 0.03* | 0.07* | 0.08* | 0.08* | 0.08* | 0.09* | 0.07* | 0.07* | 0.07* | 0.07* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 6.0% | 28.00 | 27.00 | 23.00 | 22.00 | 23.00 | 24.00 | 21.00 | 22.00 | 23.00 | 24.00 | 24.00 | 25.00 | 26.00 | 27.00 | 26.00 | 26.00 | 27.00 | 29.00 | 28.00 | 28.00 | 26.00 |
Income Taxes | 3.8% | -4.03 | -4.18 | -9.41 | -3.25 | 1.00 | 5.00 | -7.03 | 4.00 | -0.32 | -1.52 | 5.00 | -13.99 | -0.35 | 1.00 | 17.00 | -10.03 | 0.00 | -24.89 | 4.00 | 8.00 | -10.82 |
Earnings Before Taxes | -1264.1% | -227 | -16.70 | -150 | -10.99 | 7.00 | 10.00 | -2.69 | 25.00 | 1.00 | 7.00 | 26.00 | -41.65 | 17.00 | 11.00 | 16.00 | -228 | 8.00 | -19.55 | 33.00 | 5.00 | 38.00 |
EBT Margin | -140.1% | -0.12* | -0.05* | -0.04* | 0.00* | 0.01* | 0.01* | 0.01* | 0.02* | 0.00* | 0.00* | 0.00* | 0.00* | - | - | - | - | - | - | - | - | - |
Net Income | -1688.0% | -223 | -12.52 | -141 | -7.74 | 6.00 | 5.00 | 4.00 | 21.00 | 1.00 | 9.00 | 20.00 | -31.54 | 20.00 | 11.00 | -3.51 | -208 | 177 | -3.12 | 24.00 | -2.66 | 50.00 |
Net Income Margin | -150.8% | -0.12* | -0.05* | -0.04* | 0.00* | 0.01* | 0.01* | 0.01* | 0.01* | 0.00* | 0.00* | 0.01* | 0.00* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 2817.2% | 69.00 | 2.00 | -26.02 | -68.38 | 139 | -69.82 | 4.00 | -21.99 | 42.00 | 14.00 | 38.00 | 23.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -3.4% | 4,272 | 4,423 | 4,423 | 4,531 | 4,741 | 4,593 | 4,678 | 4,787 | 4,959 | 4,955 | 5,013 | 4,941 | 5,224 | 5,044 | 5,116 | 4,893 | 5,470 | 5,597 | 5,758 | 5,806 | 5,938 |
Current Assets | 4.6% | 1,692 | 1,618 | 1,615 | 1,589 | 1,798 | 1,710 | 1,767 | 1,742 | 1,892 | 1,843 | 1,899 | 1,808 | 2,113 | 1,923 | 2,161 | 1,870 | 2,236 | 2,407 | 2,162 | 2,227 | 2,698 |
Cash Equivalents | 7.8% | 601 | 558 | 542 | 512 | 670 | 597 | 571 | 623 | 732 | 729 | 799 | 681 | 921 | 799 | 863 | 663 | 924 | 515 | 771 | 839 | 867 |
Inventory | -16.4% | 70.00 | 84.00 | 93.00 | 94.00 | 84.00 | 90.00 | 83.00 | 88.00 | 79.00 | 69.00 | 68.00 | 64.00 | 71.00 | 67.00 | 74.00 | 72.00 | 68.00 | 76.00 | 73.00 | 69.00 | 62.00 |
Net PPE | - | - | - | - | - | - | 428 | 427 | 430 | 429 | 467 | 430 | 405 | 391 | 367 | 375 | 371 | 376 | 372 | 417 | 413 | 399 |
Goodwill | -22.3% | 734 | 945 | 952 | 1,070 | 1,067 | 1,046 | 1,060 | 1,129 | 1,135 | 1,125 | 1,130 | 1,144 | 1,152 | 1,142 | 1,133 | 1,125 | 1,324 | 1,317 | 1,755 | 1,754 | 1,332 |
Liabilities | 2.0% | 4,641 | 4,548 | 4,499 | 4,471 | 4,681 | 4,601 | 4,633 | 4,694 | 4,846 | 4,906 | 4,960 | 4,922 | 5,154 | 4,965 | 5,072 | 4,864 | 5,181 | 5,572 | 5,705 | 5,720 | 5,837 |
Current Liabilities | 5.5% | 1,730 | 1,641 | 1,857 | 1,799 | 1,728 | 1,599 | 1,629 | 1,667 | 1,728 | 1,689 | 1,717 | 1,594 | 1,870 | 1,578 | 1,679 | 1,443 | 1,570 | 2,146 | 1,762 | 1,775 | 1,890 |
Long Term Debt | -0.7% | 2,087 | 2,102 | 1,885 | 1,911 | 2,173 | 2,190 | 2,195 | 2,200 | 2,299 | 2,314 | 2,331 | 2,419 | 2,348 | 2,532 | 2,553 | 2,567 | 2,720 | 2,567 | 3,029 | 3,048 | 3,066 |
LT Debt, Current | 4.2% | 59.00 | 57.00 | 265 | 262 | 33.00 | 27.00 | 25.00 | 25.00 | 25.00 | 25.00 | 97.00 | 20.00 | 216 | 64.00 | 163 | 63.00 | 20.00 | 502 | 215 | 207 | 200 |
LT Debt, Non Current | -0.7% | 2,087 | 2,102 | 1,885 | 1,911 | 2,173 | 2,190 | 2,195 | 2,200 | 2,299 | 2,314 | 2,331 | 2,419 | 2,348 | 2,532 | 2,553 | 2,567 | 2,720 | 2,567 | 3,029 | 3,048 | 3,066 |
Shareholder's Equity | -Infinity% | -368 | - | - | 60.00 | 61.00 | - | 44.00 | 93.00 | 113 | 49.00 | 53.00 | 19.00 | 71.00 | 79.00 | 45.00 | 29.00 | 289 | 25.00 | 53.00 | 86.00 | 102 |
Retained Earnings | -36.8% | 3,078 | 4,872 | 4,909 | 5,061 | 5,126 | 5,128 | 5,137 | 5,142 | 5,169 | 5,173 | 5,172 | 5,161 | 5,205 | 5,191 | 5,188 | 5,200 | 5,439 | 5,271 | 5,282 | 5,268 | 5,280 |
Additional Paid-In Capital | - | - | - | - | - | - | - | - | - | 2.00 | 2.00 | 6.00 | 15.00 | 69.00 | 68.00 | 68.00 | 70.00 | 99.00 | 102 | 105 | 109 | 121 |
Float | - | - | - | 622 | - | - | - | 628 | - | - | - | 2,000 | - | - | - | 446 | - | - | - | 732 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 271.2% | 93,921 | 25,305 | -44.00 | -39,714 | 166,754 | -36,465 | 35,132 | 10,562 | 85,341 | 71,445 | 78,806 | 65,923 | 110,806 | 104,744 | 153,777 | -67,355 | 85,599 | 95,502 | 17,054 | 69,728 | 86,082 |
Share Based Compensation | 92.0% | 2,316 | 1,206 | 2,830 | 3,245 | 1,392 | 5,371 | 5,371 | 4,495 | 5,414 | 3,170 | 7,057 | 5,221 | 2,240 | 8,286 | 5,429 | 1,521 | 7,282 | 6,702 | 2,381 | 6,784 | 5,271 |
Cashflow From Investing | 21.1% | -27,396 | -34,740 | -19,283 | -41,413 | -40,660 | 43,909 | -55,547 | 28,029 | -43,565 | -43,652 | 19,075 | -87,109 | 40,049 | -39,252 | -52,990 | -23,499 | 659,231 | -165,530 | -1,264 | -34,887 | 52,105 |
Cashflow From Financing | -195.8% | -29,207 | 30,494 | 46,889 | -79,442 | -61,903 | 30,324 | -20,646 | -145,858 | -38,522 | -92,825 | 19,276 | -218,300 | -37,463 | -135,641 | 98,217 | -160,484 | -343,107 | -180,422 | -82,778 | -63,992 | -19,489 |
Dividend Payments | 0.9% | 8,885 | 8,805 | 8,800 | 8,725 | 8,705 | 8,700 | 8,625 | 8,688 | 8,750 | 8,725 | 8,700 | 8,625 | 8,598 | 8,594 | 8,576 | 8,523 | 8,507 | 8,508 | 8,938 | 9,408 | 35,202 |
Buy Backs | - | - | - | - | - | - | - | - | 13,446 | - | - | - | - | - | - | - | - | - | 5,000 | 60,858 | 39,142 | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |||
Revenue: | |||||
Total revenue | $ 3,266,348 | $ 3,538,042 | $ 3,673,561 | ||
Costs and expenses: | |||||
Selling, general and administrative | 897,260 | 905,570 | 924,163 | ||
Research and development | 41,405 | 43,657 | 46,777 | ||
Restructuring charges | 61,585 | 18,715 | 19,003 | ||
Goodwill impairment | 339,184 | 0 | 0 | ||
Interest expense, net | 100,445 | 89,980 | 96,886 | ||
Other components of net pension and postretirement (income) cost | (8,256) | 4,308 | 1,010 | ||
Other (income) expense | (3,064) | (21,618) | 41,574 | ||
Total costs and expenses | 3,672,850 | 3,498,162 | 3,680,976 | ||
(Loss) income from continuing operations before income taxes | (406,502) | 39,880 | (7,415) | ||
(Benefit) provision for income taxes | (20,875) | 2,940 | (10,922) | ||
(Loss) income from continuing operations | (385,627) | 36,940 | 3,507 | ||
Loss from discontinued operations, net of tax | 0 | 0 | (4,858) | ||
Net (loss) income | $ (385,627) | $ 36,940 | $ (1,351) | ||
Basic (loss) earnings per share attributable to common stockholders | |||||
Continuing operations (in dollars per share) | [1] | $ (2.20) | $ 0.21 | $ 0.02 | |
Discontinued operations (in dollars per share) | [1] | 0 | 0 | (0.03) | |
Net (loss) income (in dollars per share) | [1] | (2.20) | 0.21 | (0.01) | |
Diluted (loss) earnings per share attributable to common stockholders | |||||
Continuing operations (in dollars per share) | [1] | (2.20) | 0.21 | 0.02 | |
Discontinued operations (in dollars per share) | [1] | 0 | 0 | (0.03) | |
Net (loss) income (in dollars per share) | [1] | $ (2.20) | $ 0.21 | $ (0.01) | |
Business services | |||||
Revenue: | |||||
Total revenue | $ 2,045,069 | $ 2,249,941 | $ 2,334,674 | ||
Costs and expenses: | |||||
Cost of products and sales | 1,756,616 | 1,934,206 | 2,034,477 | ||
Support services | |||||
Revenue: | |||||
Total revenue | 410,734 | 438,191 | 460,888 | ||
Costs and expenses: | |||||
Cost of products and sales | 137,676 | 148,829 | 149,706 | ||
Financing | |||||
Revenue: | |||||
Total revenue | 271,197 | 274,508 | 294,418 | ||
Costs and expenses: | |||||
Cost of products and sales | 63,281 | 51,789 | 47,059 | ||
Equipment sales | |||||
Revenue: | |||||
Total revenue | 323,739 | 354,960 | 350,138 | ||
Costs and expenses: | |||||
Cost of equipment sales | 223,757 | 253,843 | 251,914 | ||
Supplies | |||||
Revenue: | |||||
Total revenue | 147,709 | 154,186 | 159,438 | ||
Costs and expenses: | |||||
Cost of products and sales | 43,347 | 43,778 | 43,980 | ||
Rentals | |||||
Revenue: | |||||
Total revenue | 67,900 | 66,256 | 74,005 | ||
Costs and expenses: | |||||
Cost of products and sales | $ 19,614 | $ 25,105 | $ 24,427 | ||
|
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 601,053 | $ 669,981 |
Short-term investments (includes $2,382 and $1,882, respectively, reported at fair value) | 22,166 | 11,172 |
Accounts and other receivables (net of allowance of $6,139 and $5,344 respectively) | 342,236 | 343,557 |
Short-term finance receivables (net of allowance of $14,347 and $11,395, respectively) | 563,536 | 564,972 |
Inventories | 70,053 | 83,720 |
Current income taxes | 564 | 8,790 |
Other current assets and prepayments | 92,309 | 115,824 |
Total current assets | 1,691,917 | 1,798,016 |
Property, plant and equipment, net | 383,628 | 420,672 |
Rental property and equipment, net | 23,583 | 27,487 |
Long-term finance receivables (net of allowance of $8,880 and $10,555, respectively) | 653,085 | 627,124 |
Goodwill | 734,409 | 1,066,951 |
Intangible assets, net | 62,250 | 77,944 |
Operating lease assets | 309,958 | 296,129 |
Noncurrent income taxes | 60,995 | 46,613 |
Other assets (includes $227,131 and $229,936, respectively, reported at fair value) | 352,360 | 380,419 |
Total assets | 4,272,185 | 4,741,355 |
Current liabilities: | ||
Accounts payable and accrued liabilities | 875,476 | 907,083 |
Customer deposits at the Bank | 640,323 | 628,072 |
Current operating lease liabilities | 60,069 | 52,576 |
Current portion of long-term debt | 58,931 | 32,764 |
Advance billings | 89,087 | 105,207 |
Current income taxes | 6,523 | 2,101 |
Total current liabilities | 1,730,409 | 1,727,803 |
Long-term debt | 2,087,101 | 2,172,502 |
Deferred taxes on income | 211,477 | 263,131 |
Tax uncertainties and other income tax liabilities | 19,091 | 23,841 |
Noncurrent operating lease liabilities | 277,981 | 265,696 |
Other noncurrent liabilities | 314,702 | 227,729 |
Total liabilities | 4,640,761 | 4,680,702 |
Commitments and contingencies (See Note 15) | ||
Stockholders' (deficit) equity: | ||
Common stock, $1 par value (480,000 shares authorized; 270,338 and 323,338 shares issued, respectively) | 270,338 | 323,338 |
Retained earnings | 3,077,988 | 5,125,677 |
Accumulated other comprehensive loss | (851,245) | (835,564) |
Treasury stock, at cost (93,972 and 149,307 shares, respectively) | (2,865,657) | (4,552,798) |
Total stockholders’ (deficit) equity | (368,576) | 60,653 |
Total liabilities and stockholders’ (deficit) equity | $ 4,272,185 | $ 4,741,355 |