PFSweb (NASDAQ:PFSW) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Tuesday, September 18th.

A number of other analysts also recently commented on the company. Zacks Investment Research downgraded PFSweb from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 12th. Needham & Company LLC began coverage on PFSweb in a report on Wednesday, July 18th. They set a “buy” rating and a $12.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. PFSweb has a consensus rating of “Buy” and a consensus target price of $9.80.

Shares of PFSweb stock traded down $0.12 during trading hours on Tuesday, reaching $7.08. 51,459 shares of the company’s stock were exchanged, compared to its average volume of 57,142. PFSweb has a 52-week low of $5.90 and a 52-week high of $11.86. The firm has a market cap of $142.51 million, a PE ratio of 35.40 and a beta of 0.44. The company has a quick ratio of 1.21, a current ratio of 1.30 and a debt-to-equity ratio of 0.95.

PFSweb (NASDAQ:PFSW) last issued its quarterly earnings results on Thursday, August 9th. The business services provider reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.11. PFSweb had a return on equity of 14.43% and a net margin of 0.65%. The company had revenue of $77.05 million for the quarter, compared to analyst estimates of $74.68 million. Equities research analysts anticipate that PFSweb will post 0.19 EPS for the current year.

Several hedge funds have recently added to or reduced their stakes in the company. Engine Capital Management LLC increased its holdings in shares of PFSweb by 0.5% during the 1st quarter. Engine Capital Management LLC now owns 1,436,459 shares of the business services provider’s stock worth $12,555,000 after buying an additional 7,661 shares during the last quarter. BlackRock Inc. increased its holdings in shares of PFSweb by 205.4% during the 2nd quarter. BlackRock Inc. now owns 1,031,050 shares of the business services provider’s stock worth $10,022,000 after buying an additional 693,474 shares during the last quarter. Ancora Advisors LLC increased its holdings in shares of PFSweb by 4.7% during the 1st quarter. Ancora Advisors LLC now owns 915,799 shares of the business services provider’s stock worth $8,004,000 after buying an additional 41,364 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of PFSweb by 2.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 647,308 shares of the business services provider’s stock worth $6,292,000 after buying an additional 13,410 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in PFSweb by 20.8% in the 2nd quarter. Renaissance Technologies LLC now owns 641,139 shares of the business services provider’s stock valued at $6,232,000 after purchasing an additional 110,388 shares in the last quarter. Institutional investors and hedge funds own 63.32% of the company’s stock.

PFSweb Company Profile

PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, PFSweb, and Business and Retail Connect. 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 strategy, design, and digital marketing services, such as digital strategy, design, user experience, interactive development, SEO and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.

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Analyst Recommendations for PFSweb (NASDAQ:PFSW)

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