Pitney Bowes Inc. (PBI - Analyst Report) unveiled the SendPro 300 integrated shipping and mailing solution. This solution is designed to simplify multi-carrier office shipping and mailing for small and medium businesses (SMBs).
The new all-in-one solution connects users to the Pitney Bowes Commerce Cloud, and helps users to leverage on innovative solutions, analytics and APIs across the full commerce spectrum. The company’s SendPro portfolio offers integrated shipping, mailing and parcel receiving applications, and is transforming office shipping and mailing for SMBs.
Sending parcels, flats and mail through multiple carriers raises a complicated set of problems, such as varying rates, service levels, tracking and billing processes, etc. Thus, Pitney Bowes fills a crucial need for SMBs by simplifying their sending workflow and generating cost savings.
Equipped with a broad set of mailing features and a label printer, the device empowers users to easily process letters and ship packages from the touchscreen display. The solution takes care of all shipping needs of users by providing shipping options, compliant label printing and tracking of deliveries.
The SendPro 300 smart sending device also receives automatic postal rate updates, service warnings, low ink alerts and diagnostic notifications. Further, it tracks the sending activity of all users and carriers, and consolidates the same into one report. This provides managers greater control over office shipping and mailing costs, and also assists them to make informed decisions.
Pitney Bowes keeps developing innovative products for enabling integration of physical and digital processes to rationalize office shipping and mailing.
Despite robust market traction and significant products in the pipeline, incremental marketing expenses related to new advertising campaign are posing a major challenge for the company. Also, deteriorating market conditions in the technology industry have been affecting its software business materially. Currency headwinds also remain a major threat for this Zacks Rank #4 (Sell) company’s financial performance in the coming quarters.
Stocks to Consider
Some better-ranked stocks in the broader computer & technology sector include Adobe Systems Incorporated (ADBE - Analyst Report) , Aspen Technology, Inc. (AZPN - Snapshot Report) and Dassault Systèmes SE (DASTY - Snapshot Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Adobe Systems is a leading player in the computer software space. The company has a striking earnings surprise history over the trailing four quarters, having beaten estimates all through, for an average beat of 5.6%.
Aspen Technology deals in process optimization software and services. It boasts a remarkable average surprise of 24.3% in the trailing four quarters, beating estimates comfortably in each of them.
Dassault, a worldwide recognized leader in CAD/CAM/CAE and PDM II market, also has an impressive earnings history, having beaten estimates in all four trailing quarters for an average surprise of 10.3%.
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