Added to YB: 2024-02-07
Pitch date: 2024-02-06
PBI [bullish]
Pitney Bowes Inc.
+187.52%
current return
Author Info
No bio for this author
Company Info
Pitney Bowes Inc., operates as a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to small businesses, large enterprises, and government entities around the world.
Market Cap
$1.6B
Pitch Price
$3.70
Price Target
10.72 (+1%)
Dividend
3.12%
EV/EBITDA
7.94
P/E
24.27
EV/Sales
1.83
Sector
Commercial Services and Supplies
Category
turnaround
Hestia Capital Will Bring Major Changes To Pitney Bowes In 2024
$PBI: Activist influence signals transformative shifts; GEC divestment & new CEO could boost earnings to $1.07/share, implying 160% upside to $10.72 at 10x P/E. Cost savings & strategic moves raise stakes for turnaround despite risks. CEO & GEC news soon.
Read full article (10 min)