Sidoti Issues Pessimistic Outlook for Pitney Bowes Earnings

Pitney Bowes Inc. (NYSE:PBI) – Equities research analysts at Sidoti decreased their Q3 2027 EPS estimates for Pitney Bowes in a research note issued on Friday, October 30th. Sidoti analyst A. Lebiedzinski now anticipates that the technology company will post earnings of $0.41 per share for the quarter, down from their previous forecast of $0.46. The consensus estimate for Pitney Bowes’ current full-year earnings is $1.67 per share. Sidoti also issued estimates for Pitney Bowes’ Q4 2027 earnings at $0.44 EPS.

PBI has been the subject of several other research reports. Truist Financial upped their target price on shares of Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, July 31st. Weiss Ratings cut Pitney Bowes from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, October 27th. Wall Street Zen cut Pitney Bowes from a “strong-buy” rating to a “buy” rating in a report on Sunday. The Goldman Sachs Group restated a “neutral” rating and issued a $17.30 price objective on shares of Pitney Bowes in a research report on Thursday, July 30th. Finally, Citizens Jmp upped their price objective on Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a research note on Friday, July 31st. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $18.45.

Pitney Bowes Price Performance

Shares of PBI stock opened at $16.15 on Tuesday. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 9.85, a PEG ratio of 0.70 and a beta of 1.66. Pitney Bowes has a one year low of $8.95 and a one year high of $19.07. The company’s fifty day moving average price is $16.93 and its 200-day moving average price is $14.83.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings results on Wednesday, October 28th. The technology company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The business had revenue of $456.18 million during the quarter, compared to analyst estimates of $458.24 million. Pitney Bowes had a net margin of 10.10% and a negative return on equity of 30.30%. The company’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the business posted $0.31 earnings per share.

Institutional Trading of Pitney Bowes

Several hedge funds have recently bought and sold shares of the stock. Hsbc Holdings PLC grew its position in shares of Pitney Bowes by 824.5% during the second quarter. Hsbc Holdings PLC now owns 1,587,274 shares of the technology company’s stock valued at $27,762,000 after purchasing an additional 1,415,590 shares in the last quarter. Man Group plc bought a new stake in shares of Pitney Bowes in the second quarter worth about $6,659,000. The Manufacturers Life Insurance Company bought a new stake in shares of Pitney Bowes in the second quarter worth about $1,293,000. Bank of New York Mellon Corp purchased a new stake in shares of Pitney Bowes in the second quarter worth about $28,683,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Pitney Bowes by 20.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 468,595 shares of the technology company’s stock worth $8,210,000 after buying an additional 79,226 shares in the last quarter. Hedge funds and other institutional investors own 67.88% of the company’s stock.

Insider Transactions at Pitney Bowes

In other news, CEO Kurt Wolf sold 150,000 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $17.31, for a total value of $2,596,500.00. Following the transaction, the chief executive officer owned 109,254 shares of the company’s stock, valued at approximately $1,891,186.74. The trade was a 57.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Deborah Pfeiffer sold 20,000 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $17.11, for a total transaction of $342,200.00. Following the transaction, the executive vice president owned 79,223 shares of the company’s stock, valued at approximately $1,355,505.53. This represents a 20.16% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 608,092 shares of company stock valued at $10,215,751. 6.50% of the stock is currently owned by corporate insiders.

Pitney Bowes Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 8th. Stockholders of record on Monday, November 16th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, November 16th. This is an increase from Pitney Bowes’s previous quarterly dividend of $0.01. This represents a $0.40 annualized dividend and a dividend yield of 2.5%. Pitney Bowes’s dividend payout ratio (DPR) is 31.01%.

Key Stories Impacting Pitney Bowes

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Dividend increase supports income appeal. Pitney Bowes announced a quarterly dividend of $0.10 per share, up from $0.01, implying an annualized dividend of $0.40 and a yield of approximately 2.5%. The higher payout may provide support for the stock among income-focused investors. Insider Selling: Pitney Bowes CEO Sells Shares
• Positive Sentiment: Sidoti raised its Q4 2027 EPS forecast. The analyst increased its estimate to $0.44 from $0.42, suggesting some confidence in earnings performance later in the forecast period. Pitney Bowes also recently exceeded quarterly EPS expectations, reporting $0.42 versus the $0.36 consensus estimate.
• Neutral Sentiment: Analyst outlook is mixed. Sidoti lowered its Q3 2027 EPS estimate to $0.41 from $0.46 but raised its Q4 estimate to $0.44. The firm’s current-year consensus remains $1.67 per share, leaving the overall earnings outlook largely unchanged. Sidoti Issues Negative Estimate for Pitney Bowes Earnings
• Negative Sentiment: CEO Kurt Wolf sold a substantial portion of his holdings. Wolf sold 150,000 shares for about $2.43 million on November 2 and 51,517 shares for roughly $899,000 on October 29. The transactions reduced his direct ownership by approximately 67% and 37%, respectively, which may raise concerns about insider confidence even though insider sales can reflect personal financial planning. Pitney Bowes CEO Sells 150,000 Shares

About Pitney Bowes

Pitney Bowes Inc (NYSE:PBI) is a global technology and services company that helps businesses manage mailing, shipping and related communications. Its offerings include postage meters, mailing systems, shipping software, parcel management tools, address and data services, and equipment financing and support.

The company serves small businesses, large enterprises and government organizations through solutions designed to streamline the preparation, processing and delivery of physical mail and packages.