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) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 0.2%. By the end of trading, Pitney Bowes rose $0.42 (1.8%) to $24.09 on average volume. Throughout the day, 3,284,128 shares of Pitney Bowes exchanged hands as compared to its average daily volume of 3,924,200 shares. The stock ranged in a price between $23.65-$24.15 after having opened the day at $23.70 as compared to the previous trading day's close of $23.67. Other companies within the Consumer Durables industry that increased today were:
), up 4.9%,
), up 3.1%,
), up 2.7% and
), up 2.5%.
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Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications in the United States and internationally. Pitney Bowes has a market cap of $4.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are up 122.5% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Pitney Bowes a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Pitney Bowes Ratings Report.
On the negative front,
), down 7.3%,
), down 5.0%,
), down 2.7% and
), down 2.0% , were all laggards within the consumer durables industry with
) being today's consumer durables industry laggard.
- Use our consumer durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider
) while those bearish on the consumer durables industry could consider
- Find other investment ideas from our top rated ETFs lists.