A number of brokerages have weighed in on PFSW. ValuEngine lowered PFSweb from a “hold” rating to a “sell” rating in a research note on Monday, June 3rd. Craig Hallum lowered PFSweb from a “buy” rating to a “hold” rating in a research report on Tuesday, March 19th. Lake Street Capital set a $10.00 price objective on PFSweb and gave the company a “buy” rating in a research report on Tuesday, March 19th. They noted that the move was a valuation call. Needham & Company LLC reiterated a “buy” rating and set a $9.00 price objective (down from $12.00) on shares of PFSweb in a research report on Tuesday, March 19th. Finally, TheStreet lowered PFSweb from a “c-” rating to a “d” rating in a research report on Friday, May 10th.
In other news, Director Benjamin L. Rosenzweig acquired 6,868 shares of PFSweb stock in a transaction dated Friday, March 22nd. The shares were purchased at an average cost of $5.04 per share, for a total transaction of $34,614.72. Following the transaction, 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 accessible through this hyperlink. Also, Director Benjamin L. Rosenzweig acquired 9,868 shares of PFSweb stock in a transaction dated Monday, March 25th. The shares were purchased at an average price of $5.02 per share, for a total transaction of $49,537.36. Following the completion of the transaction, 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 have bought a total of 18,971 shares of company stock worth $93,292 over the last quarter. Corporate insiders own 6.50% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Marshall Wace LLP bought a new position in PFSweb during the 1st quarter worth approximately $104,000. Oxford Asset Management LLP lifted its holdings in PFSweb by 22.1% in the 1st quarter. Oxford Asset Management LLP now owns 63,921 shares of the business services provider’s stock worth $333,000 after buying an additional 11,590 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in PFSweb by 26.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 36,432 shares of the business services provider’s stock worth $190,000 after buying an additional 7,732 shares during the period. Hollow Brook Wealth Management LLC purchased a new stake in PFSweb in the 1st quarter worth approximately $114,000. Finally, Dimensional Fund Advisors LP lifted its holdings in PFSweb by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 698,603 shares of the business services provider’s stock worth $3,640,000 after buying an additional 11,527 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.
Shares of NASDAQ PFSW opened at $3.65 on Friday. The stock has a market capitalization of $70.86 million, a price-to-earnings ratio of 12.59 and a beta of 0.62. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.09 and a current ratio of 1.14. PFSweb has a twelve month low of $3.50 and a twelve month high of $11.01.
PFSweb (NASDAQ:PFSW) last announced its 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 during the quarter. PFSweb had a return on equity of 12.07% and a net margin of 0.25%.
PFSweb Company Profile
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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