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Pitney Bowes and Yellowfin to Jointly Develop Visual Insights
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Pitney Bowes Inc. (PBI - Free Report) signed a partnership with premium Business Intelligence (“BI”) and analytics software provider, Yellowfin, to develop a Visual Insights and BI tool for its customers. This move reflects Pitney Bowes’ efforts to enhance its analytics portfolio.
Leveraging on Yellowfin's BI platform, the company is gearing up for the launch of Spectrum Visual Insights, a tool within Spectrum, which will aid business enterprises to obtain a better perspective on customer data. Further, it will assist Spectrum Customer Information Management platform users to understand essential data quality metrics and compare them with quality Key Performance Indicators (“KPIs”). Also, this will help every facet of client business from marketing to monitoring of frauds.
Pitney Bowes explains that Yellowfin’s user-friendly software and effective dashboards can produce simple yet powerful visualizations. The company is confident that integration of its proprietary data management capabilities with Yellowfin’s expertise will enable clients to embrace digital transformation.
Despite consistent efforts to restructure its existing operations, Pitney Bowes has been facing formidable headwinds that have hurt its performance. Over the past six months, the stock has had a disappointing run on the bourse, having plunged 22.4%, which is far worse than the Zacks categorized Office Automation & Equipment industry’s average decline of 1.5%. We believe that Pitney Bowes’ execution problems have been significantly restricting growth.
The company has a dismal earnings surprise history, with an average negative surprise of 10.3%, missing estimates each time in the trailing four quarters. Pitney Bowes continues to witness precipitous decline in sales and margins on account of sluggish end markets. Amid deteriorating market conditions, rising operating expenses and major shareholders exiting the stock, we believe this Zacks Rank #4 (Sell) company is unlikely to stage a comeback anytime soon.
Stocks to Consider
Better-ranked stocks in the broader computer & technology sector include Applied Materials, Inc. (AMAT - Free Report) , Applied Optoelectronics, Inc. (AAOI - Free Report) , and Guidance Software, Inc. . While Applied Materials and Applied Optoelectronics sport a Zacks Rank #1 (Strong Buy), Guidance Software carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Applied Materials has an average positive surprise of 4.5%, with four back-to-back beats in the last four quarters.
Applied Optoelectronics, Inc. has a whopping average earnings beat of 116.5%, led by three beats in the trailing four quarters.
Guidance Software also has an impressive earnings history. The company has beaten estimates in each of the four trailing quarters, with an average surprise of 35.8%.
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Pitney Bowes and Yellowfin to Jointly Develop Visual Insights
Pitney Bowes Inc. (PBI - Free Report) signed a partnership with premium Business Intelligence (“BI”) and analytics software provider, Yellowfin, to develop a Visual Insights and BI tool for its customers. This move reflects Pitney Bowes’ efforts to enhance its analytics portfolio.
Leveraging on Yellowfin's BI platform, the company is gearing up for the launch of Spectrum Visual Insights, a tool within Spectrum, which will aid business enterprises to obtain a better perspective on customer data. Further, it will assist Spectrum Customer Information Management platform users to understand essential data quality metrics and compare them with quality Key Performance Indicators (“KPIs”). Also, this will help every facet of client business from marketing to monitoring of frauds.
Pitney Bowes explains that Yellowfin’s user-friendly software and effective dashboards can produce simple yet powerful visualizations. The company is confident that integration of its proprietary data management capabilities with Yellowfin’s expertise will enable clients to embrace digital transformation.
Despite consistent efforts to restructure its existing operations, Pitney Bowes has been facing formidable headwinds that have hurt its performance. Over the past six months, the stock has had a disappointing run on the bourse, having plunged 22.4%, which is far worse than the Zacks categorized Office Automation & Equipment industry’s average decline of 1.5%. We believe that Pitney Bowes’ execution problems have been significantly restricting growth.
The company has a dismal earnings surprise history, with an average negative surprise of 10.3%, missing estimates each time in the trailing four quarters. Pitney Bowes continues to witness precipitous decline in sales and margins on account of sluggish end markets. Amid deteriorating market conditions, rising operating expenses and major shareholders exiting the stock, we believe this Zacks Rank #4 (Sell) company is unlikely to stage a comeback anytime soon.
Stocks to Consider
Better-ranked stocks in the broader computer & technology sector include Applied Materials, Inc. (AMAT - Free Report) , Applied Optoelectronics, Inc. (AAOI - Free Report) , and Guidance Software, Inc. . While Applied Materials and Applied Optoelectronics sport a Zacks Rank #1 (Strong Buy), Guidance Software carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Applied Materials has an average positive surprise of 4.5%, with four back-to-back beats in the last four quarters.
Applied Optoelectronics, Inc. has a whopping average earnings beat of 116.5%, led by three beats in the trailing four quarters.
Guidance Software also has an impressive earnings history. The company has beaten estimates in each of the four trailing quarters, with an average surprise of 35.8%.
8 Stocks with Huge Profit Potential
Just released: Driverless Cars: Your Roadmap to Mega-Profits Today. In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>