PFSweb, Inc. (NASDAQ:PFSW) has earned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $10.83.
A number of analysts have recently commented on PFSW shares. B. Riley reissued a “buy” rating and issued a $13.00 price target on shares of PFSweb in a research report on Wednesday, August 9th. Northland Securities reaffirmed a “buy” rating and issued a $11.00 price objective on shares of PFSweb in a research report on Thursday, August 10th. Zacks Investment Research raised PFSweb from a “hold” rating to a “strong-buy” rating and set a $9.00 price objective on the stock in a research report on Tuesday, August 15th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $12.00 price objective on shares of PFSweb in a research report on Monday, October 2nd.
Shares of PFSweb (PFSW) remained flat at $$7.45 on Monday. The company had a trading volume of 27,479 shares, compared to its average volume of 69,307. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.13 and a current ratio of 1.20. PFSweb has a one year low of $5.83 and a one year high of $9.60. The stock has a market capitalization of $142.84, a P/E ratio of 250.33 and a beta of 0.78.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Engine Capital Management LLC lifted its holdings in shares of PFSweb by 11.6% during the 3rd quarter. Engine Capital Management LLC now owns 1,018,326 shares of the business services provider’s stock valued at $8,503,000 after buying an additional 105,636 shares during the period. OxFORD Asset Management LLP purchased a new stake in shares of PFSweb in the 3rd quarter worth $130,000. Dimensional Fund Advisors LP increased its stake in shares of PFSweb by 3.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 613,681 shares of the business services provider’s stock worth $5,124,000 after purchasing an additional 23,069 shares in the last quarter. Macquarie Group Ltd. purchased a new stake in shares of PFSweb in the 3rd quarter worth $230,000. Finally, Russell Investments Group Ltd. increased its stake in shares of PFSweb by 63.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 105,615 shares of the business services provider’s stock worth $882,000 after purchasing an additional 40,917 shares in the last quarter. 58.78% of the stock is currently owned by hedge funds and other institutional investors.
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PFSweb Company Profile
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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