PFSweb (NASDAQ:PFSW) has been assigned a $12.00 price target by analysts at B. Riley in a report released on Friday, November 9th. The firm currently has a “buy” rating on the business services provider’s stock. B. Riley’s target price indicates a potential upside of 100.00% from the company’s current price.
Several other brokerages have also recently weighed in on PFSW. Zacks Investment Research cut PFSweb from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 12th. ValuEngine cut PFSweb from a “hold” rating to a “sell” rating in a research note on Tuesday, September 18th. Finally, Needham & Company LLC assumed coverage on PFSweb in a research note on Wednesday, July 18th. They issued a “buy” rating and a $12.00 price target for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. PFSweb presently has an average rating of “Buy” and a consensus target price of $10.25.
NASDAQ:PFSW traded down $0.19 on Friday, hitting $6.00. 39,279 shares of the stock were exchanged, compared to its average volume of 34,752. The stock has a market capitalization of $118.44 million, a P/E ratio of 30.00 and a beta of 0.21. PFSweb has a 52 week low of $6.00 and a 52 week high of $11.86. The company has a current ratio of 1.31, a quick ratio of 1.23 and a debt-to-equity ratio of 0.95.
PFSweb (NASDAQ:PFSW) last announced its quarterly earnings data on Thursday, November 8th. The business services provider reported $0.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.07. The firm had revenue of $77.70 million during the quarter, compared to analysts’ expectations of $75.93 million. PFSweb had a return on equity of 13.65% and a net margin of 0.47%. As a group, equities analysts predict that PFSweb will post 0.26 EPS for the current year.
Several institutional investors and hedge funds have recently modified their holdings of PFSW. Rhumbline Advisers acquired a new position in shares of PFSweb in the 2nd quarter valued at approximately $131,000. Bank of Montreal Can acquired a new position in shares of PFSweb in the 2nd quarter valued at approximately $139,000. PNC Financial Services Group Inc. acquired a new position in shares of PFSweb in the 3rd quarter valued at approximately $158,000. ClariVest Asset Management LLC acquired a new position in shares of PFSweb in the 3rd quarter valued at approximately $206,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of PFSweb in the 3rd quarter valued at approximately $244,000. Institutional investors and hedge funds own 62.73% 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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