TheStreet cut shares of PFSweb (NASDAQ:PFSW) from a c- rating to a d rating in a research report sent to investors on Friday, May 10th, TheStreetRatingsTable reports.
A number of other equities analysts have also recently weighed in on the company. Craig Hallum cut PFSweb from a buy rating to a hold rating in a report on Tuesday, March 19th. Lake Street Capital set a $10.00 target price on 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. ValuEngine upgraded PFSweb from a sell rating to a hold rating in a research note on Monday, February 4th. Needham & Company LLC reaffirmed a buy rating and issued a $9.00 target price (down from $12.00) on shares of PFSweb in a research report on Tuesday, March 19th. Finally, Zacks Investment Research raised PFSweb from a hold rating to a buy rating and set a $6.75 target price on the stock in a research report on Thursday, January 10th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. PFSweb presently has a consensus rating of Buy and an average price target of $9.44.
NASDAQ:PFSW traded up $0.05 on Friday, reaching $3.99. The stock had a trading volume of 301 shares, compared to its average volume of 64,343. The firm has a market cap of $77.27 million, a price-to-earnings ratio of 13.31 and a beta of 0.46. The company has a current ratio of 1.14, a quick ratio of 1.21 and a debt-to-equity ratio of 1.51. PFSweb has a 12-month low of $3.86 and a 12-month high of $11.86.
PFSweb (NASDAQ:PFSW) last posted its quarterly earnings data on Monday, March 18th. The business services provider reported $0.24 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.06. PFSweb had a net margin of 0.25% and a return on equity of 12.07%. The company had revenue of $92.99 million during the quarter, compared to the consensus estimate of $92.24 million.
In other PFSweb news, Director Benjamin L. Rosenzweig purchased 6,868 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were bought at an average cost of $5.04 per share, with a total value of $34,614.72. Following the transaction, the director now directly owns 6,868 shares in the company, valued at approximately $34,614.72. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Benjamin L. Rosenzweig purchased 9,868 shares of the company’s stock in a transaction on Monday, March 25th. The stock was acquired 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 owns 6,868 shares in the company, valued at $34,477.36. The disclosure for this purchase can be found here. Company insiders own 5.10% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. grew its holdings in shares of PFSweb by 0.6% during the 4th quarter. BlackRock Inc. now owns 1,045,259 shares of the business services provider’s stock worth $5,362,000 after purchasing an additional 5,918 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of PFSweb by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after purchasing an additional 34,480 shares in the last quarter. Vanguard Group Inc grew its holdings in shares of PFSweb by 4.0% during the 3rd quarter. Vanguard Group Inc now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after purchasing an additional 34,480 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of PFSweb by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 698,603 shares of the business services provider’s stock worth $3,640,000 after purchasing an additional 11,527 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of PFSweb by 4.4% during the 3rd quarter. Renaissance Technologies LLC now owns 669,039 shares of the business services provider’s stock worth $4,951,000 after purchasing an additional 27,900 shares in the last quarter. 57.92% 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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