Pitney Bowes Inc.’s shares are trading at $12.00 as of September 3rd, with a trailing P/E of 15.00 and a forward P/E of 8.95. The company has undergone a transformation, exiting its Global Ecommerce segment in 2024, and is now focusing on its SendTech and Presort businesses. Presort has been a strong growth engine for the company, with steady revenue growth and expanding EBITDA.

Financially, Pitney Bowes expects revenue of $1.9bn in 2025 and $330-370m in free cash flow, with a 13% yield and leverage trending below the 3x target. Activist firm Hestia Capital has taken control, with founder Kurt Wolf as the new CEO. Wolf’s compensation is tied to share prices, aligning incentives with shareholders. The company is exploring value unlocks from PB Bank and has a potentially asymmetric setup for substantial upside.

Previously covered in March 2025, Pitney Bowes Inc.’s stock price has appreciated approximately 26% as restructuring progress played out. Value Don’t Lie shares a bullish view, emphasizing Presort’s growth and capital allocation under new CEO Kurt Wolf. The company’s strategic shift and strong financial position present a compelling inflection story for investors.

Read more at Yahoo Finance: Pitney Bowes Inc. (PBI): A Bull Case Theory