PFSweb, Inc. (NASDAQ:PFSW) was downgraded by analysts at Craig Hallum from a “buy” rating to a “hold” rating in a research report issued on Thursday.
PFSW has been the topic of a number of other research reports. Northland Securities reaffirmed a “buy” rating and issued a $11.00 price target on shares of PFSweb in a report on Thursday, August 10th. Zacks Investment Research raised shares of PFSweb from a “hold” rating to a “strong-buy” rating and set a $9.50 price target on the stock in a report on Tuesday, October 3rd. Canaccord Genuity reaffirmed a “buy” rating and issued a $12.00 price target on shares of PFSweb in a report on Monday, October 2nd. Finally, B. Riley reaffirmed a “buy” rating and issued a $13.00 price target on shares of PFSweb in a report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $10.75.
PFSweb (PFSW) traded down $0.11 during trading hours on Thursday, hitting $6.95. 167,500 shares of the company were exchanged, compared to its average volume of 68,700. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.13 and a quick ratio of 1.04. The company has a market cap of $134.28, a PE ratio of 235.33 and a beta of 0.89. PFSweb has a 52 week low of $5.83 and a 52 week high of $9.60.
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Several large investors have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC grew its stake in PFSweb by 25.7% in the 1st quarter. Parametric Portfolio Associates LLC now owns 23,503 shares of the business services provider’s stock valued at $153,000 after buying an additional 4,811 shares in the last quarter. Macquarie Group Ltd. purchased a new position in PFSweb in the 3rd quarter valued at approximately $230,000. LMR Partners LLP purchased a new position in PFSweb in the 2nd quarter valued at approximately $309,000. UBS Group AG grew its stake in PFSweb by 194.9% in the 1st quarter. UBS Group AG now owns 50,895 shares of the business services provider’s stock valued at $333,000 after buying an additional 33,637 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new position in PFSweb in the 2nd quarter valued at approximately $432,000. 57.95% of the stock is currently owned by institutional investors.
PFSWEB, Inc is a global provider of omni-channel commerce solutions, including a range of technology, infrastructure and professional services. The Company’s service offerings include Website design, creation and integration, digital agency and marketing, e-commerce technologies, order management, customer care, logistics and fulfillment, financial management and professional consulting.
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