PFSweb, Inc. (NASDAQ:PFSW) Receives Average Recommendation of “Buy” from Brokerages

Shares of PFSweb, Inc. (NASDAQ:PFSW) have earned a consensus rating of “Buy” from the seven analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $9.44.

A number of brokerages recently issued reports on PFSW. TheStreet lowered PFSweb from a “c-” rating to a “d” rating in a research note on Friday, May 10th. 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 note on Tuesday, March 19th. Lake Street Capital set a $10.00 target price 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. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $9.00 target price (down from $12.00) on shares of PFSweb in a research report on Tuesday, March 19th.

A number of hedge funds and other institutional investors have recently modified their holdings of PFSW. Rhumbline Advisers boosted its position in shares of PFSweb by 52.7% during the fourth quarter. Rhumbline Advisers now owns 19,506 shares of the business services provider’s stock valued at $100,000 after buying an additional 6,728 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of PFSweb during the fourth quarter valued at $58,000. Acadian Asset Management LLC boosted its position in shares of PFSweb by 5.0% during the fourth quarter. Acadian Asset Management LLC now owns 131,733 shares of the business services provider’s stock valued at $676,000 after buying an additional 6,277 shares during the last quarter. BlackRock Inc. boosted its position in shares of PFSweb by 0.6% during the fourth quarter. BlackRock Inc. now owns 1,045,259 shares of the business services provider’s stock valued at $5,362,000 after buying an additional 5,918 shares during the last quarter. Finally, Alambic Investment Management L.P. purchased a new stake in shares of PFSweb during the fourth quarter valued at $365,000. 57.65% of the stock is owned by institutional investors and hedge funds.

Shares of PFSW stock opened at $4.11 on Tuesday. PFSweb has a 52-week low of $3.50 and a 52-week high of $10.57. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.14 and a quick ratio of 1.09. The company has a market cap of $78.63 million, a price-to-earnings ratio of 14.46 and a beta of 0.65. The business’s 50 day simple moving average is $3.87.

PFSweb (NASDAQ:PFSW) last issued its quarterly earnings results on Thursday, May 9th. The business services provider reported ($0.02) earnings per share (EPS) for the quarter. PFSweb had a return on equity of 12.07% and a net margin of 0.25%. The business had revenue of $72.15 million for the quarter.

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.