Added to YB: 2026-05-12
Pitch date: 2026-05-08
PBI [neutral]
Pitney Bowes Inc.
-1.06%
current return
Author Info
Company Info
Pitney Bowes Inc. provides digital shipping solutions, mailing innovation, and financial services worldwide.
Market Cap
$2.1B
Pitch Price
$16.07
Price Target
N/A
Dividend
2.55%
EV/EBITDA
7.40
P/E
15.32
EV/Sales
2.17
Sector
Commercial Services and Supplies
Category
turnaround
Radar - Pitney Bowes Inc.
PBI (earnings): Q1 rev $477M (-3% YoY), adj EPS $0.47 (+42%). FCF $44M vs -$20M Q1'25, first positive Q1 FCF in years. SendTech rev -1% (smallest drop recently), margin expanded to 36.2%; bookings growing YoY for first time. Presort rev -8%, but customer gains>losses in Q1, expects positive YoY volume by Q3. Reaffirmed guidance: $1.80-1.86B rev, $1.50-1.65 adj EPS, $345-380M FCF. Pivoting to deleveraging, targeting 3x net debt/EBITDA. Strategic review phase 2 by end Q2'26.
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