PFSweb (NASDAQ:PFSW) Downgraded by ValuEngine to Sell


ValuEngine downgraded shares of PFSweb (NASDAQ:PFSW) from a hold rating to a sell rating in a research report report published on Tuesday, ValuEngine reports.

PFSW has been the subject of a number of other reports. Needham & Company LLC set a $5.00 target price on shares of PFSweb and gave the company a buy rating in a research note on Friday, August 9th. TheStreet downgraded PFSweb from a c- rating to a d rating in a report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. PFSweb has an average rating of Buy and a consensus target price of $8.44.

PFSweb stock opened at $2.08 on Tuesday. The stock has a market cap of $42.16 million, a P/E ratio of 8.60 and a beta of 0.66. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.13 and a quick ratio of 1.04. PFSweb has a 1 year low of $2.04 and a 1 year high of $8.88. The firm’s 50 day moving average price is $3.37 and its 200-day moving average price is $4.46.

Hedge funds have recently added to or reduced their stakes in the stock. Teton Advisors Inc. raised its holdings in shares of PFSweb by 7.5% in the first quarter. Teton Advisors Inc. now owns 361,330 shares of the business services provider’s stock valued at $1,883,000 after acquiring an additional 25,308 shares in the last quarter. Alambic Investment Management L.P. raised its holdings in PFSweb by 74.7% in the first quarter. Alambic Investment Management L.P. now owns 124,198 shares of the business services provider’s stock worth $647,000 after purchasing an additional 53,096 shares in the last quarter. Hollow Brook Wealth Management LLC bought a new position in PFSweb in the first quarter worth about $114,000. Acadian Asset Management LLC raised its holdings in PFSweb by 4.8% in the first quarter. Acadian Asset Management LLC now owns 138,028 shares of the business services provider’s stock worth $719,000 after purchasing an additional 6,295 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan bought a new position in PFSweb in the second quarter worth about $449,000. Hedge funds and other institutional investors own 58.27% of the company’s stock.

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.

See Also: Return on Investment (ROI) Defined, Explained

To view ValuEngine’s full report, visit ValuEngine’s official website.

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