PFSweb (NASDAQ:PFSW) Lifted to Hold at ValuEngine

ValuEngine upgraded shares of PFSweb (NASDAQ:PFSW) from a sell rating to a hold rating in a research report sent to investors on Thursday morning, ValuEngine reports.

PFSW has been the subject of several other reports. Zacks Investment Research downgraded PFSweb from a buy rating to a hold rating in a report on Thursday. Needham & Company LLC reaffirmed a buy rating and set a $5.00 price target on shares of PFSweb in a report on Monday, November 11th. Lake Street Capital raised PFSweb from a hold rating to a buy rating in a report on Tuesday, November 12th. Finally, B. Riley reaffirmed a buy rating and set a $4.50 price target on shares of PFSweb in a report on Wednesday, September 18th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $5.81.

Shares of PFSW stock traded down $0.07 during trading hours on Thursday, reaching $3.70. 18,700 shares of the stock were exchanged, compared to its average volume of 32,661. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.15 and a quick ratio of 1.04. The business’s fifty day moving average is $2.98 and its two-hundred day moving average is $3.37. PFSweb has a 12-month low of $2.03 and a 12-month high of $6.92. The firm has a market capitalization of $71.90 million, a P/E ratio of 12.76 and a beta of 0.95.

PFSweb (NASDAQ:PFSW) last issued its quarterly earnings results on Monday, November 11th. The business services provider reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.13. PFSweb had a positive return on equity of 7.47% and a negative net margin of 0.16%. The firm had revenue of $67.99 million during the quarter, compared to the consensus estimate of $73.09 million. As a group, equities research analysts predict that PFSweb will post -0.01 earnings per share for the current fiscal year.

In other PFSweb news, CEO Michael C. Willoughby bought 18,407 shares of PFSweb stock in a transaction on Monday, September 16th. The stock was bought at an average price of $2.57 per share, with a total value of $47,305.99. Also, Director James F. Reilly bought 29,039 shares of PFSweb stock in a transaction on Monday, September 16th. The stock was acquired at an average cost of $2.79 per share, with a total value of $81,018.81. Following the acquisition, the director now owns 55,422 shares of the company’s stock, valued at approximately $154,627.38. The disclosure for this purchase can be found here. In the last three months, insiders acquired 80,551 shares of company stock valued at $205,915. 6.50% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in PFSW. Marshall Wace LLP acquired a new stake in PFSweb in the first quarter valued at $104,000. Municipal Employees Retirement System of Michigan purchased a new position in shares of PFSweb in the second quarter valued at $449,000. Teton Advisors Inc. increased its position in shares of PFSweb by 11.6% in the second quarter. Teton Advisors Inc. now owns 403,330 shares of the business services provider’s stock valued at $1,633,000 after buying an additional 42,000 shares in the last quarter. GSA Capital Partners LLP increased its position in shares of PFSweb by 31.7% in the second quarter. GSA Capital Partners LLP now owns 13,300 shares of the business services provider’s stock valued at $54,000 after buying an additional 3,200 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of PFSweb by 8.5% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 40,250 shares of the business services provider’s stock valued at $163,000 after buying an additional 3,150 shares in the last quarter. 56.68% of the stock is owned by institutional investors.

About PFSweb

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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