PFSweb (NASDAQ:PFSW) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Monday, June 3rd, ValuEngine reports.
PFSW has been the subject of a number of other research reports. Needham & Company LLC restated a “buy” rating and issued a $9.00 price target (down previously from $12.00) on shares of PFSweb in a report on Tuesday, March 19th. Lake Street Capital set a $10.00 price target on PFSweb and gave the stock a “buy” rating in a report on Tuesday, March 19th. They noted that the move was a valuation call. TheStreet cut PFSweb from a “c-” rating to a “d” rating in a report on Friday, May 10th. Finally, Craig Hallum cut PFSweb from a “buy” rating to a “hold” rating in a research note on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. PFSweb has an average rating of “Buy” and a consensus target price of $9.44.
Shares of NASDAQ:PFSW traded up $0.32 during trading on Monday, reaching $4.02. 157,805 shares of the stock were exchanged, compared to its average volume of 65,062. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.09 and a current ratio of 1.14. PFSweb has a 12-month low of $3.50 and a 12-month high of $10.79. The stock has a market capitalization of $78.04 million, a P/E ratio of 13.46 and a beta of 0.62.
PFSweb (NASDAQ:PFSW) last released its quarterly earnings results on Thursday, May 9th. The business services provider reported ($0.02) earnings per share for the quarter. The company had revenue of $72.15 million during the quarter. PFSweb had a return on equity of 12.07% and a net margin of 0.25%.
In related news, Director Benjamin L. Rosenzweig bought 6,868 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were purchased at an average cost of $5.04 per share, with a total value of $34,614.72. Following the completion of the transaction, the director now directly owns 6,868 shares of the company’s stock, valued at $34,614.72. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Benjamin L. Rosenzweig bought 9,868 shares of the company’s stock in a transaction on Monday, March 25th. The stock was bought at an average cost of $5.02 per share, for a total transaction of $49,537.36. Following the completion of the transaction, the director now directly owns 6,868 shares of the company’s stock, valued at $34,477.36. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 18,971 shares of company stock worth $93,292. Corporate insiders own 6.50% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of PFSW. Alambic Investment Management L.P. bought a new position in shares of PFSweb in the fourth quarter worth $365,000. White Pine Capital LLC grew its stake in shares of PFSweb by 63.6% in the fourth quarter. White Pine Capital LLC now owns 136,120 shares of the business services provider’s stock worth $698,000 after purchasing an additional 52,941 shares in the last quarter. Vanguard Group Inc boosted its stake in PFSweb by 4.0% during the third quarter. Vanguard Group Inc now owns 898,497 shares of the business services provider’s stock valued at $6,649,000 after buying an additional 34,480 shares in the last quarter. Vanguard Group Inc. boosted its stake in PFSweb by 4.0% during the third quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock valued at $6,649,000 after buying an additional 34,480 shares in the last quarter. Finally, Teton Advisors Inc. boosted its stake in PFSweb by 7.5% during the first quarter. Teton Advisors Inc. now owns 361,330 shares of the business services provider’s stock valued at $1,883,000 after buying an additional 25,308 shares in the last quarter. 57.65% of the stock is currently owned by hedge funds and other institutional investors.
About PFSweb
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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