ValuEngine downgraded shares of PFSweb (NASDAQ:PFSW) from a buy rating to a hold rating in a research note issued to investors on Thursday morning.
Other equities analysts also recently issued research reports about the company. B. Riley set a $11.00 target price on PFSweb and gave the stock a buy rating in a research note on Wednesday, March 14th. Craig Hallum upgraded PFSweb from a hold rating to a buy rating in a research note on Friday, May 11th. TheStreet upgraded PFSweb from a d+ rating to a c rating in a research note on Thursday, April 19th. Finally, Zacks Investment Research downgraded PFSweb from a hold rating to a sell rating in a research note on Wednesday, March 21st. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of $10.60.
Shares of NASDAQ PFSW opened at $9.72 on Thursday. PFSweb has a twelve month low of $5.90 and a twelve month high of $11.86. The company has a market capitalization of $186.11 million, a PE ratio of 48.60, a price-to-earnings-growth ratio of 5.79 and a beta of 0.43. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 0.88.
A number of institutional investors have recently bought and sold shares of the stock. Engine Capital Management LLC lifted its stake in PFSweb by 0.5% in the first quarter. Engine Capital Management LLC now owns 1,436,459 shares of the business services provider’s stock valued at $12,555,000 after purchasing an additional 7,661 shares during the last quarter. Ancora Advisors LLC lifted its stake in PFSweb by 4.7% in the first quarter. Ancora Advisors LLC now owns 915,799 shares of the business services provider’s stock valued at $8,004,000 after purchasing an additional 41,364 shares during the last quarter. Teton Advisors Inc. lifted its stake in PFSweb by 1.7% in the first quarter. Teton Advisors Inc. now owns 329,962 shares of the business services provider’s stock valued at $2,884,000 after purchasing an additional 5,500 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in PFSweb by 24.9% in the first quarter. Russell Investments Group Ltd. now owns 227,721 shares of the business services provider’s stock valued at $1,991,000 after purchasing an additional 45,443 shares during the last quarter. Finally, Stone Ridge Asset Management LLC purchased a new position in PFSweb in the fourth quarter valued at approximately $239,000. Institutional investors and hedge funds own 61.24% of the company’s stock.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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