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PFSweb (NASDAQ:PFSW) was downgraded by TheStreet from a “c-” rating to a “d” rating in a research report issued on Friday, TheStreetRatingsTable reports.

A number of other equities analysts have also recently commented on the stock. Craig Hallum cut shares of PFSweb from a “buy” rating to a “hold” rating in a research report on Tuesday, March 19th. Lake Street Capital set a $10.00 price objective on shares of PFSweb and gave the stock a “buy” rating in a research report on Tuesday, March 19th. They noted that the move was a valuation call. Needham & Company LLC reaffirmed a “buy” rating and set a $9.00 price objective (down from $12.00) on shares of PFSweb in a research report on Tuesday, March 19th. ValuEngine raised shares of PFSweb from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Finally, Zacks Investment Research raised shares of PFSweb from a “hold” rating to a “buy” rating and set a $6.75 price objective for the company in a research report on Thursday, January 10th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. PFSweb has an average rating of “Buy” and an average price target of $9.44.

PFSW stock opened at $3.97 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.28 and a quick ratio of 1.21. PFSweb has a one year low of $3.87 and a one year high of $11.86. The firm has a market cap of $80.79 million, a price-to-earnings ratio of 13.69 and a beta of 0.46.

PFSweb (NASDAQ:PFSW) last released its quarterly earnings data on Monday, March 18th. The business services provider reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.06. PFSweb had a net margin of 0.25% and a return on equity of 12.24%. The firm had revenue of $92.99 million during the quarter, compared to analysts’ expectations of $92.24 million.

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In other PFSweb news, Director Benjamin L. Rosenzweig bought 6,868 shares of PFSweb stock in a transaction dated Friday, March 22nd. The stock was bought at an average price of $5.04 per share, with a total value of $34,614.72. Following the completion of the transaction, the director now owns 6,868 shares in the company, valued at approximately $34,614.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Benjamin L. Rosenzweig bought 9,868 shares of PFSweb stock in a transaction dated Monday, March 25th. The stock was acquired at an average cost of $5.02 per share, with a total value of $49,537.36. Following the transaction, the director now owns 6,868 shares of the company’s stock, valued at approximately $34,477.36. The disclosure for this purchase can be found here. Insiders own 5.10% of the company’s stock.

Several institutional investors have recently made changes to their positions in PFSW. Bank of New York Mellon Corp boosted its position in shares of PFSweb by 23.9% in the third quarter. Bank of New York Mellon Corp now owns 105,018 shares of the business services provider’s stock valued at $777,000 after acquiring an additional 20,236 shares during the period. BlackRock Inc. boosted its position in shares of PFSweb by 0.8% in the third quarter. BlackRock Inc. now owns 1,039,341 shares of the business services provider’s stock valued at $7,691,000 after acquiring an additional 8,291 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of PFSweb by 5.7% in the third quarter. Dimensional Fund Advisors LP now owns 684,116 shares of the business services provider’s stock valued at $5,062,000 after acquiring an additional 36,808 shares during the period. Renaissance Technologies LLC boosted its position in shares of PFSweb by 4.4% in the third quarter. Renaissance Technologies LLC now owns 669,039 shares of the business services provider’s stock valued at $4,951,000 after acquiring an additional 27,900 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of PFSweb by 4.0% in the third quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock valued at $6,649,000 after acquiring an additional 34,480 shares during the period. 58.62% of the stock is owned by institutional investors.

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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.

Further Reading: Oversold

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