PFSweb (PFSW) Posts Earnings Results, Beats Expectations By $0.06 EPS

PFSweb (NASDAQ:PFSW) announced its earnings results on Monday. The business services provider reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06, Morningstar.com reports. PFSweb had a net margin of 0.47% and a return on equity of 13.65%. The business had revenue of $92.99 million during the quarter, compared to analysts’ expectations of $92.24 million.

NASDAQ PFSW opened at $5.70 on Tuesday. The stock has a market cap of $117.87 million, a P/E ratio of 28.50 and a beta of 0.55. PFSweb has a 52-week low of $4.84 and a 52-week high of $11.86. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.31 and a quick ratio of 1.23.

A number of brokerages have recently commented on PFSW. Craig Hallum cut shares of PFSweb from a “buy” rating to a “hold” rating in a report on Tuesday. Lake Street Capital reaffirmed a “buy” rating and issued a $10.00 target price (down from $13.00) on shares of PFSweb in a report on Tuesday. They noted that the move was a valuation call. Needham & Company LLC reduced their target price on shares of PFSweb from $12.00 to $9.00 and set a “buy” rating for the company in a report on Tuesday. Zacks Investment Research raised shares of PFSweb from a “hold” rating to a “buy” rating and set a $6.75 target price for the company in a report on Thursday, January 10th. Finally, ValuEngine raised shares of PFSweb from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $9.44.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Engine Capital Management LP raised its holdings in PFSweb by 22.4% during the third quarter. Engine Capital Management LP now owns 1,169,727 shares of the business services provider’s stock worth $8,656,000 after purchasing an additional 214,278 shares in the last quarter. BlackRock Inc. raised its holdings in PFSweb by 0.6% during the fourth quarter. BlackRock Inc. now owns 1,045,259 shares of the business services provider’s stock worth $5,362,000 after purchasing an additional 5,918 shares in the last quarter. Vanguard Group Inc raised its holdings in PFSweb by 4.0% during the third quarter. Vanguard Group Inc now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after purchasing an additional 34,480 shares in the last quarter. Vanguard Group Inc. raised its holdings in PFSweb by 4.0% during the third quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after purchasing an additional 34,480 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in PFSweb by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 687,076 shares of the business services provider’s stock worth $3,525,000 after purchasing an additional 2,960 shares in the last quarter. 58.68% of the stock is owned by hedge funds and other institutional investors.

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About PFSweb

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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Earnings History for PFSweb (NASDAQ:PFSW)

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