PFSweb, Inc. (NASDAQ:PFSW)’s share price traded up 9.2% on Friday . The company traded as high as $4.56 and last traded at $4.05. 1,604,536 shares changed hands during trading, an increase of 1,969% from the average session volume of 77,562 shares. The stock had previously closed at $3.71.
A number of analysts have recently weighed in on the company. ValuEngine lowered PFSweb from a “hold” rating to a “sell” rating in a research report on Monday, June 3rd. TheStreet lowered PFSweb from a “c-” rating to a “d” rating in a report on Friday, May 10th. Craig Hallum lowered PFSweb from a “buy” rating to a “hold” rating in a report on Tuesday, March 19th. Lake Street Capital set a $10.00 target price on PFSweb and gave the company a “buy” rating in a report on Tuesday, March 19th. They noted that the move was a valuation call. Finally, Needham & Company LLC reissued a “buy” rating and issued a $9.00 target price (down previously from $12.00) on shares of PFSweb in a report on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $9.44.
The firm has a market capitalization of $78.63 million, a PE ratio of 14.46 and a beta of 0.61. The stock’s fifty day simple moving average is $3.87. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 1.51.
PFSweb (NASDAQ:PFSW) last posted its earnings results on Thursday, May 9th. The business services provider reported ($0.02) EPS for the quarter. The business had revenue of $72.15 million during the quarter. PFSweb had a net margin of 0.25% and a return on equity of 12.07%.
A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. increased its holdings in PFSweb by 0.6% in 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. Vanguard Group Inc. grew its holdings in shares of PFSweb by 4.0% during the third quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after purchasing an additional 34,480 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of PFSweb by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 687,076 shares of the business services provider’s stock worth $3,525,000 after purchasing an additional 2,960 shares during the last quarter. Teton Advisors Inc. grew its holdings in shares of PFSweb by 7.5% during the first quarter. Teton Advisors Inc. now owns 361,330 shares of the business services provider’s stock worth $1,883,000 after purchasing an additional 25,308 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of PFSweb by 4.8% during the first quarter. Acadian Asset Management LLC now owns 138,028 shares of the business services provider’s stock worth $719,000 after purchasing an additional 6,295 shares during the last quarter. 57.65% of the stock is currently owned by hedge funds and other institutional investors.
PFSweb Company Profile (NASDAQ:PFSW)
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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