PFSweb (NASDAQ:PFSW) Cut to Sell at ValuEngine

PFSweb (NASDAQ:PFSW) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Monday, June 3rd, ValuEngine reports.

Several other analysts also recently issued reports on the stock. TheStreet downgraded shares of PFSweb from a “c-” rating to a “d” rating in a report on Friday, May 10th. Craig Hallum downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a report on Tuesday, March 19th. Lake Street Capital set a $10.00 price objective on shares of PFSweb and gave the company a “buy” rating in a research note on Tuesday, March 19th. They noted that the move was a valuation call. Finally, Needham & Company LLC reissued a “buy” rating and set a $9.00 price objective (down previously from $12.00) on shares of PFSweb in a research note on Tuesday, March 19th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $9.44.

NASDAQ PFSW traded down $0.10 during trading on Monday, reaching $3.69. The company’s stock had a trading volume of 81,803 shares, compared to its average volume of 65,015. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $73.39 million, a price-to-earnings ratio of 13.50 and a beta of 0.61. PFSweb has a twelve month low of $3.50 and a twelve month high of $10.57. The business’s fifty day moving average is $3.92.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new stake in PFSweb in the 4th quarter valued at about $58,000. Rhumbline Advisers increased its stake in PFSweb by 52.7% during the 4th 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 period. Marshall Wace LLP acquired a new position in PFSweb during the 1st quarter valued at about $104,000. Bank of America Corp DE increased its stake in PFSweb by 41.7% during the 4th quarter. Bank of America Corp DE now owns 20,569 shares of the business services provider’s stock valued at $105,000 after buying an additional 6,052 shares during the period. Finally, Hollow Brook Wealth Management LLC acquired a new position in PFSweb during the 1st quarter valued at about $114,000. 57.65% of the stock is owned by institutional investors and hedge funds.

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.