Here's Why Pitney Bowes (PBI) is a Strong Value Stock

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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.

Pitney Bowes (PBI)

Stamford, CT-based Pitney Bowes is one of the largest providers of mail processing equipment and integrated mail solutions across the world.

PBI sits at a Zacks Rank #2 (Buy), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Office Automation and Equipment industry's P/E of 19.7X, shares of Pitney Bowes are trading at a forward P/E of 20.3X. PBI also has a PEG Ratio of 1.4, a Price/Cash Flow ratio of 2.4X, and a Price/Sales ratio of 0.4X.

A company's earnings performance is important for value investors as well. For fiscal 2024, one analyst revised their earnings estimate higher in the last 60 days for PBI, while the Zacks Consensus Estimate has increased $0.27 to $0.35 per share. PBI also holds an average earnings surprise of 114.6%.

PBI should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

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