Professional
Added to YB: 2026-08-05
Pitch date: 2026-07-31
PBI [neutral]
Pitney Bowes Inc.
+2.51%
current return
Author Info
No bio for this author
Company Info
Pitney Bowes Inc. provides digital shipping solutions, mailing innovation, and financial services worldwide.
Market Cap
$2.5B
Pitch Price
$17.94
Price Target
25.00 (+38%)
Dividend
2.21%
EV/EBITDA
7.60
P/E
14.81
EV/Sales
2.33
Sector
Commercial Services and Supplies
Category
turnaround
Greystone Capital Management Porfolio Holdings - Pitney Bowes Inc.
PBI (holding update): Turnaround at postage meter/mail-sorting toll booth. Position +70% on cost. New CEO Kurt Wolf cut $200M costs, exited e-commerce, bought back 17% of shares 2025. ~15% FCF yield ($360-410M on $2.5B cap). Presort pricing error fixed, wins accelerating. Strategic review/sale possible at 10-14x EBITDA (2x today). Fair value mid-$20s+ vs $18; each EBITDA turn re-rate = ~$5/share.
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