TheStreet upgraded shares of PFSweb (NASDAQ:PFSW) from a d+ rating to a c rating in a research note issued to investors on Thursday morning.
Several other equities research analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of PFSweb from a hold rating to a sell rating in a research report on Wednesday, March 21st. B. Riley set a $11.00 target price on shares of PFSweb and gave the stock a buy rating in a research report on Wednesday, March 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $10.05.
Shares of PFSW traded down $0.01 during mid-day trading on Thursday, hitting $9.81. The company had a trading volume of 259 shares, compared to its average volume of 30,132. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.09 and a current ratio of 1.14. PFSweb has a 1-year low of $5.90 and a 1-year high of $9.90. The stock has a market capitalization of $186.83, a PE ratio of 49.10, a P/E/G ratio of 7.12 and a beta of 0.40.
PFSweb (NASDAQ:PFSW) last released its earnings results on Thursday, March 15th. The business services provider reported $0.24 earnings per share (EPS) for the quarter. PFSweb had a negative net margin of 1.21% and a positive return on equity of 9.95%. The business had revenue of $92.67 million for the quarter, compared to analysts’ expectations of $90.82 million. sell-side analysts expect that PFSweb will post 0.23 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of PFSW. Wells Fargo & Company MN raised its holdings in PFSweb by 187.5% in the fourth quarter. Wells Fargo & Company MN now owns 14,041 shares of the business services provider’s stock valued at $104,000 after buying an additional 9,157 shares during the period. OxFORD Asset Management LLP purchased a new position in PFSweb in the third quarter valued at approximately $130,000. BlueCrest Capital Management Ltd purchased a new position in PFSweb in the fourth quarter valued at approximately $178,000. Stone Ridge Asset Management LLC purchased a new position in PFSweb in the fourth quarter valued at approximately $239,000. Finally, Russell Investments Group Ltd. raised its holdings in PFSweb by 63.2% in the third quarter. Russell Investments Group Ltd. now owns 105,615 shares of the business services provider’s stock valued at $882,000 after buying an additional 40,917 shares during the period. Hedge funds and other institutional investors own 61.95% of the company’s stock.
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PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, PFSweb, and Business and Retail Connect. 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 strategy, design, and digital marketing services, such as digital strategy, design, user experience, interactive development, SEO and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.
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