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Added to YB: 2024-02-29

Pitch date: 2024-02-24

PBI [neutral]

Pitney Bowes Inc.

+368.25%

current return

Author Info

Company Info

Pitney Bowes Inc. provides digital shipping solutions, mailing innovation, and financial services worldwide.

Market Cap

$2.3B

Pitch Price

$3.59

Price Target

N/A

Dividend

2.38%

EV/EBITDA

7.68

P/E

16.41

EV/Sales

2.26

Sector

Commercial Services and Supplies

Category

turnaround

Show full summary:
$PBI - Potential Divestment Sparks Investor Interest (Viola Capital)

$PBI: Logistics co w/ $670M mkt cap near breakeven. Global E-commerce dragging profits w/ $130M losses. Divesting segment for $0-$150M could lead to 6 P/E. Activist Hestia secured 6 board seats, new CEO search to revitalize bloated co. Limited downside, big upside potential.

Read full article (1 min)