PFSweb (NASDAQ:PFSW)‘s stock had its “buy” rating reiterated by stock analysts at B. Riley in a research note issued on Wednesday, September 18th, MarketBeat reports. They currently have a $4.50 price objective on the business services provider’s stock. B. Riley’s price target indicates a potential upside of 69.81% from the stock’s current price.
Several other equities research analysts have also recently commented on the company. Needham & Company LLC set a $5.00 price target on PFSweb and gave the company a “buy” rating in a report on Friday, August 9th. ValuEngine cut PFSweb from a “hold” rating to a “sell” rating in a research note on Tuesday, August 27th. 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 company. PFSweb has an average rating of “Buy” and an average price target of $6.56.
PFSW stock traded up $0.10 during mid-day trading on Wednesday, reaching $2.65. 28,591 shares of the company’s stock were exchanged, compared to its average volume of 27,255. The company has a market cap of $47.80 million, a price-to-earnings ratio of 9.14 and a beta of 0.92. The stock’s 50 day moving average is $2.43 and its 200 day moving average is $3.68. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.13 and a quick ratio of 1.04. PFSweb has a 12-month low of $2.03 and a 12-month high of $7.77.
PFSweb (NASDAQ:PFSW) last released its earnings results on Thursday, August 8th. The business services provider reported ($0.01) earnings per share for the quarter. PFSweb had a net margin of 0.15% and a return on equity of 10.54%. The firm had revenue of $68.51 million during the quarter. On average, research analysts forecast that PFSweb will post -0.1 earnings per share for the current fiscal year.
In related news, CEO Michael C. Willoughby bought 11,605 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average cost of $2.57 per share, for a total transaction of $29,824.85. Following the completion of the acquisition, the chief executive officer now owns 237,267 shares in the company, valued at approximately $609,776.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James F. Reilly purchased 29,039 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were acquired at an average cost of $2.79 per share, with a total value of $81,018.81. Following the completion of the acquisition, the director now directly owns 55,422 shares in the company, valued at $154,627.38. The disclosure for this purchase can be found here. Insiders bought 83,051 shares of company stock valued at $212,765 over the last ninety days. Insiders own 6.50% of the company’s stock.
Several institutional investors have recently bought and sold shares of the company. AWM Investment Company Inc. lifted its holdings in shares of PFSweb by 64.6% in the 2nd quarter. AWM Investment Company Inc. now owns 1,832,185 shares of the business services provider’s stock valued at $7,420,000 after purchasing an additional 719,182 shares during the last quarter. Engine Capital Management LP increased 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 acquiring an additional 127,396 shares during the period. Renaissance Technologies LLC increased 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 acquiring an additional 12,200 shares during the period. Teton Advisors Inc. increased 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 acquiring an additional 42,000 shares during the period. Finally, Acadian Asset Management LLC increased 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 acquiring an additional 5,672 shares during the period. 57.02% 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.
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