$0.25 EPS Expected for Pitney Bowes Inc. (PBI)

October 14, 2018 - By Hazel Jackson

Pitney Bowes Inc. (NYSE:PBI) LogoInvestors sentiment decreased to 0.97 in Q2 2018. Its down 0.12, from 1.09 in 2018Q1. It dived, as 40 investors sold Pitney Bowes Inc. shares while 85 reduced holdings. 35 funds opened positions while 86 raised stakes. 130.79 million shares or 3.55% less from 135.61 million shares in 2018Q1 were reported.
Ima Wealth holds 0.77% or 216,257 shares in its portfolio. Gotham Asset Lc invested in 236,307 shares or 0.03% of the stock. Voya Invest Mngmt Ltd Liability holds 0.05% or 2.88 million shares in its portfolio. North Star Inv Mgmt stated it has 5,473 shares. Sei has invested 0% in Pitney Bowes Inc. (NYSE:PBI). Fmr Ltd Liability Company holds 0% or 185,100 shares. Lpl Financial Lc holds 0% or 32,675 shares. Cubist Systematic Strategies Ltd Co invested in 0.02% or 56,694 shares. Griffin Asset Management, a New York-based fund reported 40,000 shares. Comml Bank Of America De reported 222,283 shares. Rodgers Brothers invested 0.15% in Pitney Bowes Inc. (NYSE:PBI). Boothbay Fund Mgmt Llc holds 0.02% of its portfolio in Pitney Bowes Inc. (NYSE:PBI) for 20,262 shares. Ledyard Bank stated it has 1,490 shares. Inr Advisory Limited Liability Corp reported 266 shares. Hartford Mgmt accumulated 0.01% or 37,197 shares.

Since May 8, 2018, it had 2 insider purchases, and 0 insider sales for $188,322 activity. SUTULA STANLEY J III bought $88,200 worth of stock or 10,000 shares.

Analysts expect Pitney Bowes Inc. (NYSE:PBI) to report $0.25 EPS on November, 7.They anticipate $0.08 EPS change or 24.24 % from last quarter’s $0.33 EPS. PBI’s profit would be $47.01M giving it 6.69 P/E if the $0.25 EPS is correct. After having $0.26 EPS previously, Pitney Bowes Inc.’s analysts see -3.85 % EPS growth. It closed at $6.69 lastly. It is up 43.83% since October 14, 2017 and is downtrending. It has underperformed by 59.45% the S&P500.

Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement technology products and solutions in the United States and internationally. The company has market cap of $1.26 billion. The firm operates in three divisions: Small & Medium Business Solutions; Enterprise Business Solutions; and Digital Commerce Solutions. It has a 5.07 P/E ratio. The Small & Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment, software, and supplies.

Another recent and important Pitney Bowes Inc. (NYSE:PBI) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within Packaging Corporation of America, Jones Energy, Pitney Bowes, Mercury …” on October 12, 2018.

Pitney Bowes Inc. (NYSE:PBI) Institutional Positions Chart

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