Several other equities research analysts have also recently weighed in on the company. Needham & Company LLC set a $5.00 price target on PFSweb and gave the stock a “buy” rating in a research note on Friday, August 9th. TheStreet cut PFSweb from a “c-” rating to a “d” rating in a research note on Friday, May 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $8.44.
Shares of PFSW stock opened at $2.14 on Tuesday. The stock has a market cap of $41.39 million, a price-to-earnings ratio of 8.52 and a beta of 0.79. The business’s fifty day moving average is $3.07 and its 200 day moving average is $4.32. PFSweb has a twelve month low of $2.03 and a twelve month high of $8.88. The company has a quick ratio of 1.04, a current ratio of 1.13 and a debt-to-equity ratio of 1.49.
PFSweb (NASDAQ:PFSW) last issued its quarterly earnings results on Thursday, August 8th. The business services provider reported ($0.01) earnings per share for the quarter. The firm had revenue of $68.51 million during the quarter. PFSweb had a return on equity of 10.54% and a net margin of 0.15%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of PFSweb by 7.8% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 37,100 shares of the business services provider’s stock valued at $193,000 after purchasing an additional 2,700 shares during the last quarter. GSA Capital Partners LLP grew its position in PFSweb by 31.7% in the 2nd quarter. GSA Capital Partners LLP now owns 13,300 shares of the business services provider’s stock worth $54,000 after purchasing an additional 3,200 shares during the last quarter. Acadian Asset Management LLC grew its position in PFSweb by 4.1% in the 2nd quarter. Acadian Asset Management LLC now owns 143,700 shares of the business services provider’s stock worth $582,000 after purchasing an additional 5,672 shares during the last quarter. Bank of America Corp DE grew its position in PFSweb by 41.7% in the 4th quarter. Bank of America Corp DE now owns 20,569 shares of the business services provider’s stock worth $105,000 after purchasing an additional 6,052 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in PFSweb by 2.1% in the 2nd quarter. Renaissance Technologies LLC now owns 593,839 shares of the business services provider’s stock worth $2,405,000 after purchasing an additional 12,200 shares during the last quarter. 57.02% of the stock is currently owned by hedge funds and other institutional investors.
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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