Shares of PFSweb, Inc. (NASDAQ:PFSW) have earned an average recommendation of “Hold” from the six research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $10.83.
A number of equities analysts have recently issued reports on the stock. Northland Securities reiterated a “buy” rating and set a $9.00 price objective on shares of PFSweb in a research note on Friday. Zacks Investment Research downgraded shares of PFSweb from a “hold” rating to a “sell” rating in a research note on Friday. Craig Hallum downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Canaccord Genuity downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, B. Riley reiterated a “buy” rating and set a $13.00 price objective on shares of PFSweb in a research note on Tuesday, November 7th.
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Shares of PFSweb (NASDAQ:PFSW) traded up $0.01 during trading hours on Thursday, hitting $6.96. 276,800 shares of the stock were exchanged, compared to its average volume of 69,650. The company has a current ratio of 1.20, a quick ratio of 1.13 and a debt-to-equity ratio of 1.19. PFSweb has a fifty-two week low of $5.83 and a fifty-two week high of $9.60. The stock has a market capitalization of $132.19, a price-to-earnings ratio of 231.67 and a beta of 0.89.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. OxFORD Asset Management LLP acquired a new stake in PFSweb in the third quarter valued at approximately $130,000. Parametric Portfolio Associates LLC boosted its stake in PFSweb by 25.7% in the first quarter. Parametric Portfolio Associates LLC now owns 23,503 shares of the business services provider’s stock valued at $153,000 after acquiring an additional 4,811 shares in the last quarter. Macquarie Group Ltd. acquired a new stake in PFSweb in the third quarter valued at approximately $230,000. LMR Partners LLP acquired a new stake in PFSweb in the second quarter valued at approximately $309,000. Finally, UBS Group AG boosted its stake in PFSweb by 194.9% in the first quarter. UBS Group AG now owns 50,895 shares of the business services provider’s stock valued at $333,000 after acquiring an additional 33,637 shares in the last quarter. Hedge funds and other institutional investors own 58.07% of the company’s stock.
PFSweb Company Profile
PFSWEB, Inc is a global provider of omni-channel commerce solutions, including a range of technology, infrastructure and professional services. The Company’s service offerings include Website design, creation and integration, digital agency and marketing, e-commerce technologies, order management, customer care, logistics and fulfillment, financial management and professional consulting.
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