ValuEngine Downgrades PFSweb (PFSW) to Sell


PFSweb (NASDAQ:PFSW) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Monday, ValuEngine reports.

Other research analysts have also recently issued reports about the stock. Craig Hallum cut 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 report on Tuesday, March 19th. They noted that the move was a valuation call. TheStreet cut shares of PFSweb from a “c-” rating to a “d” rating in a report on Friday, May 10th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $9.00 price objective (down 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 issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $9.44.

NASDAQ PFSW opened at $3.77 on Monday. PFSweb has a 52 week low of $3.50 and a 52 week high of $11.61. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 1.51. The stock has a market capitalization of $72.80 million, a price-to-earnings ratio of 13.00 and a beta of 0.62.

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

In other PFSweb news, Director Benjamin L. Rosenzweig bought 9,868 shares of the business’s stock in a transaction that occurred on Monday, March 25th. The stock was acquired at an average cost of $5.02 per share, with a total value of $49,537.36. Following the completion of the purchase, the director now directly owns 6,868 shares in the company, valued at $34,477.36. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Benjamin L. Rosenzweig bought 6,868 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The shares were acquired at an average cost of $5.04 per share, with a total value of $34,614.72. Following the completion of the purchase, the director now owns 6,868 shares of the company’s stock, valued at $34,614.72. The disclosure for this purchase can be found here. Insiders bought 18,971 shares of company stock valued at $93,292 over the last quarter. Insiders own 6.50% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its stake in 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 purchasing an additional 5,918 shares during the last quarter. Vanguard Group Inc lifted its stake in PFSweb by 4.0% during the third quarter. Vanguard Group Inc now owns 898,497 shares of the business services provider’s stock valued at $6,649,000 after purchasing an additional 34,480 shares during the last quarter. Vanguard Group Inc. lifted its stake in PFSweb by 4.0% during the third quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock valued at $6,649,000 after purchasing an additional 34,480 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in PFSweb by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 698,603 shares of the business services provider’s stock valued at $3,640,000 after purchasing an additional 11,527 shares during the last quarter. Finally, Teton Advisors Inc. lifted its stake in PFSweb by 7.5% during the first quarter. Teton Advisors Inc. now owns 361,330 shares of the business services provider’s stock valued at $1,883,000 after purchasing an additional 25,308 shares during the last quarter. 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.

See Also: Earnings Per Share (EPS)

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for PFSweb Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for PFSweb and related companies with MarketBeat.com’s FREE daily email newsletter.



Source link

WP Twitter Auto Publish Powered By : XYZScripts.com
Exit mobile version