PBI Stock Recent News

The equities market can feel like navigating through a fog while searching for the best penny stocks. Yet, amidst this uncertainty, a handful of names emerge as clear winners, displaying robust resilience and performance throughout the year.

Pitney Bowes Inc. (PBI) Q3 2023 Earnings Call Transcript

When it comes to stock predictions and penny stocks to buy, admittedly the near-term picture remains cloudy. Right now, it's unclear whether high interest rates, high inflation, and the still-present risk of a 2024 recession are fully priced-in by the stock market.

Pitney Bowes announced Marc Lautenbach has stepped down from the board and as CEO. Lautenbach is being replaced by fellow board member and company VP Jason Dies on an interim basis.

The best scenario for investors is for Pitney Bowes to sell the Global Ecommerce segment. A sale of the Global Ecommerce segment would result in the remaining company earning over $1.50 per share and growing at over 4% annually. At a 10x PE ratio the remaining company would be valued at over $15 per share.

Gregg Zegras, Executive Vice President and Global E-Commerce President at Pitney Bowes, discusses the impending UPS strike, the state of delivery, and current labor conditions.

Pitney Bowes: UPS Strike Makes The Turnaround Story Even Stronger

When it comes to very undervalued penny stocks to buy in May, investors have many choices. Run a stock screener, and you'll find hundreds of stocks, whether on major U.S. exchanges, or in the over-the-counter (OTC) market, that trade at either a low earnings multiple, or a discount to tangible book value.

Pitney Bowes Inc. (NYSE:PBI ) Q1 2023 Earnings Conference Call May 4, 2023 8:00 AM ET Company Participants Ned Zachar - Vice President, Investor Relations Marc Lautenbach - President and Chief Executive Officer Ana Maria Chadwick - Executive Vice President and Chief Financial Officer Conference Call Participants Matt Swope - Baird Ananda Baruah - Loop Capital Kartik Mehta - Northcoast Research Operator Good morning and welcome to the Pitney Bowes' First Quarter 2023 Earnings Conference Call. [Operator Instructions] I would now like to introduce participants on today's conference call, Mr.

Fintel reports that Hestia Capital Partners has filed a 13D/A form with the SEC disclosing ownership of 14.63MM shares of Pitney Bowes Inc.