PFSweb, Inc. (NASDAQ:PFSW) has been given an average rating of “Buy” by the six ratings firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $9.44.
PFSW has been the topic of several research analyst reports. Needham & Company LLC restated a “buy” rating and issued a $9.00 price objective (down from $12.00) on shares of PFSweb in a research report on Tuesday, March 19th. Lake Street Capital set a $10.00 price objective on PFSweb and gave the company a “buy” rating in a research report on Tuesday, March 19th. They noted that the move was a valuation call. ValuEngine raised PFSweb from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, Craig Hallum cut PFSweb from a “buy” rating to a “hold” rating in a report on Tuesday, March 19th.
Shares of PFSweb stock opened at $4.16 on Monday. PFSweb has a 52 week low of $4.13 and a 52 week high of $11.86. The stock has a market capitalization of $80.79 million, a PE ratio of 14.34 and a beta of 0.46. The company has a current ratio of 1.28, a quick ratio of 1.21 and a debt-to-equity ratio of 0.84.
PFSweb (NASDAQ:PFSW) last announced its quarterly earnings data on Monday, March 18th. The business services provider reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.06. PFSweb had a return on equity of 12.24% and a net margin of 0.25%. The business had revenue of $92.99 million for the quarter, compared to the consensus estimate of $92.24 million.
In related news, Director Benjamin L. Rosenzweig acquired 9,868 shares of PFSweb stock in a transaction on Monday, March 25th. The shares were bought at an average cost of $5.02 per share, with a total value of $49,537.36. Following the completion of the purchase, the director now directly owns 6,868 shares of the company’s stock, valued at approximately $34,477.36. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Benjamin L. Rosenzweig acquired 6,868 shares of PFSweb stock in a transaction on Friday, March 22nd. The shares were bought at an average cost of $5.04 per share, for a total transaction of $34,614.72. Following the completion of the purchase, the director now directly owns 6,868 shares of the company’s stock, valued at $34,614.72. The disclosure for this purchase can be found here. Insiders own 5.10% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of PFSW. Bank of New York Mellon Corp boosted its stake in shares of PFSweb by 23.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 105,018 shares of the business services provider’s stock worth $777,000 after buying an additional 20,236 shares during the last quarter. BlackRock Inc. boosted its stake in shares of PFSweb by 0.8% in the 3rd quarter. BlackRock Inc. now owns 1,039,341 shares of the business services provider’s stock worth $7,691,000 after buying an additional 8,291 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of PFSweb by 5.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 684,116 shares of the business services provider’s stock worth $5,062,000 after buying an additional 36,808 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of PFSweb by 4.4% in the 3rd quarter. Renaissance Technologies LLC now owns 669,039 shares of the business services provider’s stock worth $4,951,000 after buying an additional 27,900 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of PFSweb by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after buying an additional 34,480 shares during the last quarter. 58.62% of the stock is currently owned by institutional investors.
PFSweb Company Profile
PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, LiveArea Professional Services and PFS Operations. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and design and digital marketing services, such as design, user experience, interactive development, search engine optimization and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.
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