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-0.000526870389883984 0.000526870389884171 0.00368809272918863 0.00737618545837727 0 0 0.00579557428872494 0
Stock impact report

Pitney Bowes Leans On Cost Cuts As Shrinking Sales Limit Its Comeback [Seeking Alpha]

Pitney Bowes Inc. (PBI) 
Last pitney bowes inc. earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.pitneybowes.com
Company Research Source: Seeking Alpha
PBI's exit from e-commerce and focus on core mailing businesses improved margins, but revenue continues to shrink and market headwinds persist. Valuation appears cheap at 7x earnings, but lack of growth and high debt limit upside; buybacks and dividend hikes offer limited support. With risks from declining mail volumes and limited growth prospects, holding PBI is prudent until clear operational progress emerges. JHVEPhoto/iStock Editorial via Getty Images Looking back at my last Hold rating for Pitney Bowes Inc. PBI ), not much has changed to make me want to move off that neutral stance. The last few months have been This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no bus Show less Read more
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