Added to YB: 2026-08-03
Pitch date: 2026-07-30
PBI [neutral]
Pitney Bowes Inc.
-2.33%
current return
Author Info
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Company Info
Pitney Bowes Inc. provides digital shipping solutions, mailing innovation, and financial services worldwide.
Market Cap
$2.5B
Pitch Price
$17.74
Price Target
N/A
Dividend
2.21%
EV/EBITDA
7.60
P/E
14.81
EV/Sales
2.33
Sector
Commercial Services and Supplies
Category
special_situation
$PBI: two banks, a new committee, and a director whose last board sold the company
PBI (overview): Melting-mail biz run by ex-activist CEO Wolf, ~11x guided EPS after tripling off $8.95 low. Bull: aggressive buybacks (53.1M shares/$565M), deleveraging, June strategic review w/ BofA+Goldman weighing 'full sale,' new director tied to Altra sale signals process. Q2 rev $451M (-2%), adj EPS $0.43 vs $0.27, raised FY26 guide. Risks: shrinking core (Presort -8%), negative book equity flatters FCF yield, no deal timetable, near 52wk high, sell-side PT $17.14 below current $17.66.
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