A number of other research firms have also issued reports on PFSW. Craig Hallum lowered shares of PFSweb from a buy rating to a hold rating in a research note on Tuesday, March 19th. Lake Street Capital set a $10.00 target price on shares of PFSweb and gave the company a buy rating in a research note on Tuesday, March 19th. They noted that the move was a valuation call. Needham & Company LLC reiterated a buy rating and issued a $9.00 target price (down from $12.00) on shares of PFSweb in a research note on Tuesday, March 19th. Zacks Investment Research upgraded shares of PFSweb from a hold rating to a buy rating and set a $6.75 target price on the stock in a research note on Thursday, January 10th. Finally, ValuEngine raised shares of PFSweb from a sell rating to a hold rating in a report on Monday, February 4th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of Buy and a consensus price target of $9.44.
Shares of PFSW opened at $4.02 on Friday. PFSweb has a 12 month low of $3.81 and a 12 month high of $11.86. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 1.51. The firm has a market cap of $75.91 million, a PE ratio of 13.86 and a beta of 0.46.
PFSweb (NASDAQ:PFSW) last posted its earnings results on Thursday, May 9th. The business services provider reported ($0.02) earnings per share (EPS) for the quarter. PFSweb had a net margin of 0.25% and a return on equity of 12.07%. The firm had revenue of $72.15 million during the quarter.
In other PFSweb news, Director Benjamin L. Rosenzweig acquired 9,868 shares of PFSweb stock in a transaction dated Monday, March 25th. The stock was bought at an average cost of $5.02 per share, with a total value of $49,537.36. Following the acquisition, the director now owns 6,868 shares of the company’s stock, valued at $34,477.36. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Benjamin L. Rosenzweig acquired 6,868 shares of PFSweb stock in a transaction dated Friday, March 22nd. The shares were acquired at an average cost of $5.04 per share, with a total value of $34,614.72. Following the completion of the acquisition, the director now directly owns 6,868 shares in the company, valued at approximately $34,614.72. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 18,971 shares of company stock valued at $93,292. Insiders own 6.50% of the company’s stock.
Several large investors have recently added to or reduced their stakes in PFSW. Bank of New York Mellon Corp lifted its holdings in shares of PFSweb by 23.9% during 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 acquiring an additional 20,236 shares during the period. BlackRock Inc. lifted its holdings in PFSweb by 0.8% during the 3rd quarter. BlackRock Inc. now owns 1,039,341 shares of the business services provider’s stock valued at $7,691,000 after purchasing an additional 8,291 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in PFSweb by 5.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 684,116 shares of the business services provider’s stock valued at $5,062,000 after purchasing an additional 36,808 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in PFSweb by 4.4% during the 3rd quarter. Renaissance Technologies LLC now owns 669,039 shares of the business services provider’s stock valued at $4,951,000 after purchasing an additional 27,900 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in PFSweb by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock valued at $6,649,000 after purchasing an additional 34,480 shares during the last quarter. 57.65% of the stock is 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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