PFSweb (NASDAQ:PFSW) Lowered to Hold at ValuEngine

ValuEngine lowered shares of PFSweb (NASDAQ:PFSW) from a buy rating to a hold rating in a report published on Thursday, ValuEngine reports.

Several other equities research analysts have also recently commented on the stock. Zacks Investment Research cut shares of PFSweb from a buy rating to a hold rating in a research report on Friday, March 6th. Craig Hallum raised shares of PFSweb from a hold rating to a buy rating and set a $6.00 target price for the company in a report on Monday, January 6th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. PFSweb currently has an average rating of Buy and an average price target of $5.00.

Shares of NASDAQ PFSW traded up $0.04 during midday trading on Thursday, hitting $3.09. The stock had a trading volume of 12,500 shares, compared to its average volume of 39,809. The company’s 50-day simple moving average is $3.17 and its 200 day simple moving average is $3.51. The firm has a market cap of $59.37 million, a P/E ratio of -28.09 and a beta of 1.19. PFSweb has a fifty-two week low of $1.50 and a fifty-two week high of $5.36. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.17 and a quick ratio of 1.13.

PFSweb (NASDAQ:PFSW) last announced its quarterly earnings data on Thursday, March 12th. The business services provider reported $0.15 EPS for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.07. The firm had revenue of $85.37 million during the quarter, compared to analyst estimates of $87.45 million. PFSweb had a positive return on equity of 2.00% and a negative net margin of 0.74%. Equities analysts expect that PFSweb will post 0.15 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the company. Zebra Capital Management LLC acquired a new position in PFSweb during the fourth quarter valued at approximately $57,000. Marshall Wace LLP acquired a new position in shares of PFSweb in the 1st quarter valued at $104,000. Acadian Asset Management LLC grew its holdings in shares of PFSweb by 5.5% in the 4th quarter. Acadian Asset Management LLC now owns 138,918 shares of the business services provider’s stock valued at $531,000 after buying an additional 7,209 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in shares of PFSweb by 7.0% in the 4th quarter. Renaissance Technologies LLC now owns 661,339 shares of the business services provider’s stock valued at $2,526,000 after buying an additional 43,100 shares during the period. Institutional investors own 51.34% of the company’s stock.

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

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