Equities research analysts forecast that PFSweb, Inc. (NASDAQ:PFSW) will post $0.08 earnings per share for the current quarter, Zacks reports. Two analysts have provided estimates for PFSweb’s earnings. The highest EPS estimate is $0.11 and the lowest is $0.04. PFSweb reported earnings per share of $0.09 in the same quarter last year, which would suggest a negative year over year growth rate of 11.1%. The firm is scheduled to issue its next earnings report on Wednesday, November 14th.
On average, analysts expect that PFSweb will report full year earnings of $0.45 per share for the current fiscal year, with EPS estimates ranging from $0.44 to $0.46. For the next year, analysts forecast that the firm will report earnings of $0.68 per share, with EPS estimates ranging from $0.58 to $0.78. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow PFSweb.
PFSweb (NASDAQ:PFSW) last posted its quarterly earnings results on Thursday, August 9th. The business services provider reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.11. PFSweb had a net margin of 0.65% and a return on equity of 14.43%. The company had revenue of $77.05 million during the quarter, compared to analysts’ expectations of $74.68 million.
Several research analysts have commented on the stock. Needham & Company LLC assumed coverage on shares of PFSweb in a report on Wednesday, July 18th. They set a “buy” rating and a $12.00 price target for the company. Zacks Investment Research cut shares of PFSweb from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 12th. Finally, ValuEngine cut shares of PFSweb from a “buy” rating to a “hold” rating in a report on Thursday, June 28th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $9.80.
A number of hedge funds and other institutional investors have recently bought and sold shares of PFSW. Northern Trust Corp boosted its holdings in shares of PFSweb by 428.2% in the 2nd quarter. Northern Trust Corp now owns 165,712 shares of the business services provider’s stock valued at $1,611,000 after buying an additional 134,340 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of PFSweb by 56.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 84,782 shares of the business services provider’s stock valued at $823,000 after buying an additional 30,585 shares in the last quarter. Macquarie Group Ltd. boosted its holdings in shares of PFSweb by 15.7% in the 2nd quarter. Macquarie Group Ltd. now owns 40,853 shares of the business services provider’s stock valued at $397,000 after buying an additional 5,540 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of PFSweb by 20.8% in the 2nd quarter. Renaissance Technologies LLC now owns 641,139 shares of the business services provider’s stock valued at $6,232,000 after buying an additional 110,388 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of PFSweb by 2.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 647,308 shares of the business services provider’s stock valued at $6,292,000 after buying an additional 13,410 shares in the last quarter. Institutional investors own 63.32% of the company’s stock.
NASDAQ PFSW opened at $7.07 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.30 and a debt-to-equity ratio of 0.95. PFSweb has a 52 week low of $5.90 and a 52 week high of $11.86. The company has a market cap of $136.35 million, a price-to-earnings ratio of 22.84 and a beta of 0.44.
PFSweb Company Profile
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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