Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Pitney Bowes fell 27 cents (-2%) to $13.34 on light volume. Throughout the day, two million shares of Pitney Bowes exchanged hands as compared to its average daily volume of 4.6 million shares. The stock ranged in price between $13.33-$13.65 after having opened the day at $13.61 as compared to the previous trading day's close of $13.61. Other companies within the Consumer Goods sector that declined today were:
), down 11%,
), down 10%,
), down 10%, and
), down 8.1%.
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Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications. It also offers a suite of equipment, supplies, software, services, and solutions for managing and integrating physical and digital communication channels. Pitney Bowes has a market cap of $2.8 billion and is part of the
industry. The company has a P/E ratio of 6.8, above the average consumer durables industry P/E ratio of 4.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 26.6% year to date as of the close of trading on Friday. Currently there is one analyst that rates Pitney Bowes a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates Pitney Bowes as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself.
- You can view the full Pitney Bowes Ratings Report.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider
) while those bearish on the consumer goods sector could consider
- Find other investment ideas from our top rated ETFs lists.