Is PBI a good stock to buy?
We came across a bearish thesis on Pitney Bowes Inc. on Valueinvestorsclub.com by AspiringAnalyst
In this article, we will summarize the bears’ thesis on PBI. Pitney Bowes Inc.’s share was trading at $15.80 as of May 28th. PBI’s trailing and forward P/E were 15.19 and 9.87 respectively according to Yahoo Finance.
Copyright: kzenon / 123RF Stock Photo Pitney Bowes Inc. provides digital shipping solutions, mailing innovation, and financial services worldwide. PBI is viewed as a structurally challenged mailing-services company whose recent recovery has been driven largely by temporary tailwinds and aggressive cost-cutting rather than a sustainable improvement in its underlying business. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential The company benefited from a USPS-mandated postal meter upgrade cycle, favorable postal pricing changes, and operational restructuring pushed by activist investor Hestia Capital, including the closure of the loss-making Global Ecommerce segment and significant workforce reductions. While these actions supported earnings and fueled a strong stock rally, the bearish thesis argues that investors are extrapolating recent performance too far into the future.