PFSweb, Inc. (NASDAQ:PFSW) has earned a consensus recommendation of “Buy” from the seven research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $9.44.
A number of analysts recently weighed in on the stock. Craig Hallum cut shares of PFSweb from a “buy” rating to a “hold” rating in a research note on Tuesday, March 19th. ValuEngine cut shares of PFSweb from a “hold” rating to a “sell” rating in a research note on Monday, June 3rd. TheStreet cut shares of PFSweb from a “c-” rating to a “d” rating in a research note on Friday, May 10th. Lake Street Capital set a $10.00 target price on shares of PFSweb and gave the stock a “buy” rating in a research note on Tuesday, March 19th. They noted that the move was a valuation call. Finally, Needham & Company LLC restated a “buy” rating and issued a $9.00 target price (down previously from $12.00) on shares of PFSweb in a research note on Tuesday, March 19th.
In other news, Director Benjamin L. Rosenzweig bought 6,868 shares of PFSweb stock in a transaction dated Friday, March 22nd. The stock was bought at an average price of $5.04 per share, for a total transaction of $34,614.72. Following the purchase, the director now owns 6,868 shares of the company’s stock, valued at $34,614.72. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Benjamin L. Rosenzweig bought 9,868 shares of PFSweb stock in a transaction dated Monday, March 25th. The stock was purchased at an average price of $5.02 per share, with a total value of $49,537.36. Following the purchase, the director now directly owns 6,868 shares in the company, valued at approximately $34,477.36. The disclosure for this purchase can be found here. Insiders bought a total of 18,971 shares of company stock valued at $93,292 in the last 90 days. Company insiders own 6.50% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in PFSW. Alambic Investment Management L.P. acquired a new stake in shares of PFSweb in the 4th quarter worth $365,000. White Pine Capital LLC lifted its stake in shares of PFSweb by 63.6% in the 4th quarter. White Pine Capital LLC now owns 136,120 shares of the business services provider’s stock worth $698,000 after acquiring an additional 52,941 shares during the period. Vanguard Group Inc lifted its stake in shares of PFSweb by 4.0% in the 3rd quarter. Vanguard Group Inc now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after acquiring an additional 34,480 shares during the period. Vanguard Group Inc. lifted its stake in shares of PFSweb by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after acquiring an additional 34,480 shares during the period. Finally, Teton Advisors Inc. lifted its stake in shares of PFSweb by 7.5% in the 1st quarter. Teton Advisors Inc. now owns 361,330 shares of the business services provider’s stock worth $1,883,000 after acquiring an additional 25,308 shares during the period. Institutional investors own 57.65% of the company’s stock.
NASDAQ:PFSW traded down $0.16 during trading hours on Friday, reaching $3.77. 48,348 shares of the company’s stock were exchanged, compared to its average volume of 64,318. The stock has a market cap of $73.19 million, a P/E ratio of 13.04 and a beta of 0.61. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.14 and a quick ratio of 1.09. PFSweb has a 1-year low of $3.50 and a 1-year high of $10.89.
PFSweb (NASDAQ:PFSW) last issued its quarterly earnings results on Thursday, May 9th. The business services provider reported ($0.02) earnings per share for the quarter. The business had revenue of $72.15 million for the quarter. PFSweb had a return on equity of 12.07% and a net margin of 0.25%.
PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, LiveArea Professional Services and PFS Operations. 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 design and digital marketing services, such as design, user experience, interactive development, search engine optimization and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.
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