Pitney Bowes Inc (PBI): Today's Featured Consumer Goods Loser
The
sector closed the day up 0.2%.
(
),
(
),
Ever-Glory International Group Inc
(
), and
(
) were all decliners today within the consumer goods sector with
(
) being today's featured consumer goods loser. Pitney Bowes Inc fell 12 cents (-0.6%) to $20.70 on average volume. Throughout the day, 2.5 million shares of Pitney Bowes Inc exchanged hands as compared to its average daily volume of 3.3 million shares.
Pitney Bowes Inc. provides mail processing equipment and integrated mail solutions worldwide. It offers a suite of equipment, supplies, software, services, and solutions for managing and integrating physical and digital communication channels. Pitney Bowes Inc has a market cap of $4.1 billion and is part of the
industry. The company has a P/E ratio of 11.9, below the average consumer durables industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 14.2% year to date as of the close of trading on Thursday.
TheStreet Ratings rates Pitney Bowes as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.
- You can view the full Pitney Bowes Ratings Report.
On the positive front,
(
),
Kandi Technologies Corporation
(
),
(
), and
(
) were all gainers within the consumer goods sector with
(
) being today's featured consumer goods sector winner.
- Use our consumer goods section to find sector-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 goods sector could consider
iShares Dow Jones US Cons Goods
(
) while those bearish on the consumer goods sector could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
null
