PFSweb (NASDAQ:PFSW) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Tuesday, ValuEngine reports.
A number of other analysts also recently weighed in on PFSW. Needham & Company LLC set a $5.00 target price on shares of PFSweb and gave the company a “buy” rating in a research report on Friday, August 9th. TheStreet downgraded shares of PFSweb from a “c-” rating to a “d” rating in a research report on Friday, May 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $8.44.
NASDAQ:PFSW opened at $2.07 on Tuesday. The company has a market capitalization of $41.78 million, a PE ratio of 8.60 and a beta of 0.66. The company has a 50 day simple moving average of $3.34 and a two-hundred day simple moving average of $4.44. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.04 and a current ratio of 1.13. PFSweb has a fifty-two week low of $2.03 and a fifty-two week high of $8.88.
Several hedge funds have recently made changes to their positions in the company. AWM Investment Company Inc. grew its position in shares of PFSweb by 64.6% during the 2nd quarter. AWM Investment Company Inc. now owns 1,832,185 shares of the business services provider’s stock worth $7,420,000 after buying an additional 719,182 shares during the period. Engine Capital Management LP grew its position in PFSweb by 10.9% in the 2nd quarter. Engine Capital Management LP now owns 1,297,123 shares of the business services provider’s stock valued at $5,253,000 after purchasing an additional 127,396 shares during the period. Renaissance Technologies LLC grew its position in PFSweb by 2.1% in the 2nd quarter. Renaissance Technologies LLC now owns 593,839 shares of the business services provider’s stock valued at $2,405,000 after purchasing an additional 12,200 shares during the period. Teton Advisors Inc. grew its position in PFSweb by 11.6% in the 2nd quarter. Teton Advisors Inc. now owns 403,330 shares of the business services provider’s stock valued at $1,633,000 after purchasing an additional 42,000 shares during the period. Finally, Acadian Asset Management LLC grew its position in PFSweb by 4.1% in the 2nd quarter. Acadian Asset Management LLC now owns 143,700 shares of the business services provider’s stock valued at $582,000 after purchasing an additional 5,672 shares during the period. 58.27% of the stock is owned by institutional investors.
About PFSweb
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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