Latest news with #PitneyBowes
CNBC
18-07-2025
- Business
- CNBC
Lightning Round: AMD is going in the right direction, says Jim Cramer
'Mad Money' host Jim Cramer weighs in on stocks including: ConocoPhillips, AMD, Pitney Bowes, and Cameco.
Yahoo
15-07-2025
- Business
- Yahoo
Pitney Bowes (PBI) Soars 9.9% on Higher Postal Service Fee
We recently published . Pitney Bowes Inc. (NYSE:PBI) is one of Monday's top performers. Pitney Bowes Inc. (NYSE:PBI) jumped by 9.9 percent on Monday to close at $12.10 apiece as investors took path from the increase in prices of shipping services that began on Sunday, July 13. This followed the Postal Service's notification to the Postal Regulatory Commission (PRC) in May this year that raised domestic shipping services by approximately 6.3 percent for Priority Mail service, 7.1 percent for USPS Ground Advantage, and 7.6 percent for Parcel Select. Prices have not changed for Priority Mail Express service. A busy logistics center filled with trucks and planes, showing the scale of the companies operations. According to USPS, the proposed changes will support the Postal Service in creating a revitalized organization capable of providing a nationwide, integrated network for the delivery of mail and packages at least six days a week, in a cost-effective and financially sustainable manner over the long term, just as the U.S. Congress has intended. Pitney Bowes Inc. (NYSE:PBI), a US-based global shipping and mailing company, is expected to benefit from higher prices for its services. While we acknowledge the potential of PBI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
09-07-2025
- Business
- Yahoo
Parcel provider Deliver It shuts down
Parcel delivery provider Deliver It has shut down, an apparent victim of intense competition in the domestic last-mile delivery sector that took off with the entry of tech-enabled startups responding to tight capacity when online shopping exploded during the pandemic. Deliver It, which provided next-day delivery e-commerce and B2B customers in California, Arizona and Nevada, is the latest parcel service to go under in the past year. Pandion shut down in January, citing difficult market conditions. Other companies that have disappeared include Maergo, Point Pickup and Pitney Global E-Commerce. Kendra Jackson, Deliver It's chief commercial officer, wrote on LinkedIn she received notice that the company 'unexpectedly closed its doors' on Monday. The company's website does not have any information about going out of business and executives could not be reached for further details. Pitney Bowes' recent Parcel Shipping Index underscored how the recent influx of couriers in the United States has created a buyer's market with providers competing on price and eating into the market share of FedEx, UPS and the U.S. Postal Service. The volume carried by alternative carriers has jumped nearly 40% in the past five years. In 2024, carrier revenue per parcel ticked down a penny to $9.09. Independent and regional parcel carriers only represent 9.7% of the domestic parcel, according to ShipMatrix, making it difficult for all of them to succeed. Experts say too many companies jumped into the parcel market without full consideration of the high cost of residential delivery and they were squeezed when the e-commerce market normalized., Inflation, macro-economic uncertainty, declining e-commerce volumes from China because of Trump administration tariffs, more aggressive pricing from traditional integrated carriers and a slowdown in venture capital funding have also pressured delivery companies, according to Cirrus Global Advisors. Some carriers also expanded too quickly and were unable to maintain quality service levels. 'There is no need for the number of carriers that deliver today [or next day] in Southern California. I know of 8 different companies that can do your parcel delivery, not including UPS, USPS, FedEx or Amazon Shipping. The market is too fragmented for all of them to be individually successful. We will continue to see exits or consolidation in the months to come,' said Derek Lossing, founder of Cirrus Global Advisors, on LinkedIn. Deliver It was an asset-light provider that used third-party carriers for physical distribution. The company served industries such as real estate, court reporting, finance and healthcare, according to the website. RFID tracking and after-hours drop boxes were part of its product offering. Click here for more FreightWaves/American Shipper stories by Eric Kulisch. US parcel market to grow 36% by 2030, Pitney Bowes says DHL Express Canada resumes service after workers ratify labor deal The post Parcel provider Deliver It shuts down appeared first on FreightWaves. Sign in to access your portfolio
Yahoo
08-07-2025
- Business
- Yahoo
US parcel market to grow 36% by 2030, Pitney Bowes says
Revenue growth for U.S. parcel shipping lagged volumes last year as an influx of new last-mile delivery companies put downward pressure on prices in a market that is expected to grow 36% by 2030, according to an annual industry report from Pitney Bowes. Smaller carriers are increasingly taking market share from legacy carriers FedEx, UPS and the U.S. Postal Service, but their biggest threat is Amazon. The retailer's logistics operation handled 6.3 billion parcels in 2024, up 7.3% year over year, and is expected to overtake the Postal Service by 2028, Pitney Bowes (NYSE: PBI) said in its recent Parcel Shipping Index. The provider of mail and parcel shipping services, technology and equipment said U.S. parcel volume increased 3.4% to 22.4 billion shipments last year and estimated it will grow 5% per year to $30.5 billion in 2030. Revenue, however, grew 2.7% last year to $203.2 billion. Carriers are increasingly offering competitive pricing to attract customers, leading to lower revenue. Carrier revenue per parcel ticked down to $9.09 down from $9.10 in 2023, according to Pitney Bowes. Independent couriers gaining market traction in recent years include OnTrac, Better Trucks, Jitsu, Veho, SpeedX, Speedy Delivery and UniUni. Many of them are startups or provide regional service with lower overhead than national carriers. The U.S. Postal Service's new lost-cost shipping option, Ground Advantage, has also contributed to the pricing pressure. 'Since Pitney Bowes began tracking shipments a decade ago, the parcel market has been dominated by FedEx, UPS and USPS. We are witnessing a turning of the tide, evidenced by the nearly 40% volume growth in the five-year compound annual growth rate of [alternative] carriers,' said Pitney Bowes Executive Vice President Shemin Nurmohamed, in a news release. 'This disruption presents a unique opportunity for businesses to take advantage of competitive pricing.' The Pitney Bowes findings echo earlier research from parcel management and consulting firm ShipMatrix Inc. It put domestic parcel revenue at $188 billion and average revenue per parcel at $8. Domestic parcel volumes will grow at a compound annual rate of 4% over the next three years, with Amazon, Walmart and other carriers winning the lion's share of new business. FedEx, UPS and the U.S. Postal Service will likely experience flat to negative growth, ShipMatrix said. The U.S. Postal Service retained its hold as the largest parcel carrier by volume with 6.9 billion shipments in 2024, an increase of 3.4% from the prior year, per Pitney Bowes. UPS volume increased 1.7% to 4.7 billion pieces. FedEx was the only carrier to experience a year-over-year decline, with 3.9 billion parcels compared to 3.7 billion in 2023. The combined volume for other small couriers jumped 23% to 800 million pieces. The Postal Service is the market share leader by volume at 31%. Amazon moved up a point to 28% of the market, followed by UPS with a 21% share. FedEx's market share fell a point to 17%, while 'other' carriers moved from 3% to 3.5%. UPS led domestic carriers with $69.8 billion in revenue, followed by FedEx, at $63.2 billion, the Postal Service at $32.3 billion and Amazon Logistics at $31.1 billion. From a revenue standpoint, UPS controls 34% of the market. UPS and FedEx lost about 1% in revenue market share in 2024, while revenue market share for Amazon increased 1 point to 15.3% and from 2.8% to 3.4% for 'other' carriers. Domestic parcel growth slowed to 0.4% in the first quarter, according to Pitney Bowes' figures. Weather disruptions and a freeze on handling shipments from China and Hong Kong valued below $800 after a change in U.S. tariff policy contributed to a 6.2% drop in U.S. Postal Service volumes. Meanwhile, UPS volumes declined 5.4% after the company began to implement a 50% service cut for its Amazon account. Pitney Bowes used quarterly and annual financial reports from the major carriers, quarterly operational data from the Postal Service, and data from Shein, Temu and other sources to compile the Parcel Shipping Index. FedEx operates on an unusual fiscal year, so its figures are based on December through November instead of a traditional calendar year. The report counts shipments weighing up to 70 pounds. Click here for more FreightWaves/American Shipper stories by Eric Kulisch. FedEx, UPS lose parcel market share to big retailers, small couriers DHL Express Canada reinstates service after workers ratify labor deal The post US parcel market to grow 36% by 2030, Pitney Bowes says appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-07-2025
- Business
- Yahoo
1 Value Stock for Long-Term Investors and 2 to Keep Off Your Radar
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they're out of favor. The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it's rotten. Separating the winners from the value traps is a tough challenge, and that's where StockStory comes in. Our job is to find you high-quality companies that will stand the test of time. That said, here is one value stock with strong fundamentals and two climbing an uphill battle. Forward P/E Ratio: 9.5x With a century-long history dating back to 1920 and processing over 15 billion pieces of mail annually, Pitney Bowes (NYSE:PBI) provides shipping, mailing technology, logistics, and financial services to businesses of all sizes. Why Does PBI Give Us Pause? Sales tumbled by 9% annually over the last five years, showing market trends are working against its favor during this cycle Ability to fund investments or reward shareholders with increased buybacks or dividends is restricted by its weak free cash flow margin of 3.4% for the last five years ROIC of 9.4% reflects management's challenges in identifying attractive investment opportunities Pitney Bowes trades at a stock price of $11.48. Dive into our free research report to see why there are better opportunities than PBI. Forward P/E Ratio: 14.6x As a pioneer in 3D mammography technology that has revolutionized breast cancer detection, Hologic (NASDAQ:HOLX) develops and manufactures diagnostic products, medical imaging systems, and surgical devices focused primarily on women's health and wellness. Why Is HOLX Not Exciting? Constant currency revenue growth has disappointed over the past two years and shows demand was soft Efficiency has decreased over the last five years as its adjusted operating margin fell by 23.2 percentage points Diminishing returns on capital suggest its earlier profit pools are drying up Hologic is trading at $65.08 per share, or 14.6x forward P/E. Check out our free in-depth research report to learn more about why HOLX doesn't pass our bar. Forward P/E Ratio: 4.7x With a team of approximately 450,000 employees across 75 countries, Concentrix (NASDAQ:CNXC) designs and delivers customer experience solutions that help global brands manage their customer interactions across digital channels and contact centers. Why Do We Like CNXC? Annual revenue growth of 22% over the past two years was outstanding, reflecting market share gains this cycle Economies of scale give it more fixed cost leverage than its smaller competitors Able to self-fund growth initiatives without relying on external capital thanks to its 5.5% free cash flow margin At $57.16 per share, Concentrix trades at 4.7x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today
