Added to YB: 2024-02-29
Pitch date: 2024-02-24
PBI [neutral]
Pitney Bowes Inc.
+178.5%
current return
Author Info
Company Info
Pitney Bowes Inc., operates as a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to small businesses, large enterprises, and government entities around the world.
Market Cap
$1.5B
Pitch Price
$3.64
Price Target
N/A
Dividend
3.49%
EV/EBITDA
7.55
P/E
21.71
EV/Sales
1.74
Sector
Commercial Services and Supplies
Category
turnaround
$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)