PFSweb (NASDAQ:PFSW) has been given a $11.00 price objective by analysts at B. Riley in a report issued on Wednesday. The brokerage currently has a “buy” rating on the business services provider’s stock. B. Riley’s price target indicates a potential upside of 40.85% from the stock’s current price.
A number of other equities analysts have also weighed in on the stock. Zacks Investment Research lowered shares of PFSweb from a “hold” rating to a “sell” rating in a report on Friday, December 29th. Dougherty & Co began coverage on shares of PFSweb in a report on Tuesday, December 19th. They issued a “buy” rating and a $9.00 price target on the stock. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. PFSweb has a consensus rating of “Buy” and an average price target of $10.13.
Shares of PFSweb (PFSW) opened at $7.81 on Wednesday. The company has a market cap of $147.40, a P/E ratio of -13.02, a price-to-earnings-growth ratio of 4.97 and a beta of 0.65. The company has a quick ratio of 1.13, a current ratio of 1.20 and a debt-to-equity ratio of 1.19. PFSweb has a 12 month low of $5.83 and a 12 month high of $8.88.
Institutional investors and hedge funds have recently made changes to their positions in the business. Engine Capital Management LLC boosted its holdings in shares of PFSweb by 11.6% in 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 purchasing an additional 105,636 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of PFSweb by 7.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 590,612 shares of the business services provider’s stock valued at $4,878,000 after purchasing an additional 41,557 shares during the last quarter. Teton Advisors Inc. lifted its holdings in shares of PFSweb by 8.4% during the 4th quarter. Teton Advisors Inc. now owns 324,462 shares of the business services provider’s stock valued at $2,411,000 after acquiring an additional 25,100 shares in the last quarter. Macquarie Group Ltd. acquired a new position in shares of PFSweb during the 3rd quarter valued at $230,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of PFSweb by 63.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 105,615 shares of the business services provider’s stock valued at $882,000 after acquiring an additional 40,917 shares in the last quarter. Institutional investors own 61.91% of the company’s stock.
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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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