PFSweb, Inc. (NASDAQ:PFSW) Receives Average Recommendation of “Buy” from Brokerages


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PFSweb, Inc. (NASDAQ:PFSW) has earned an average rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $8.38.

Separately, Zacks Investment Research lowered shares of PFSweb from a “hold” rating to a “sell” rating in a research note on Saturday, November 14th.

Shares of PFSweb stock opened at $6.73 on Friday. The firm has a market cap of $136.27 million, a PE ratio of -112.15 and a beta of 1.86. PFSweb has a 12-month low of $1.50 and a 12-month high of $9.89. The company has a quick ratio of 1.26, a current ratio of 1.33 and a debt-to-equity ratio of 0.76. The company’s fifty day simple moving average is $6.72 and its two-hundred day simple moving average is $7.10.

PFSweb (NASDAQ:PFSW) last announced its earnings results on Friday, November 6th. The business services provider reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.17. The firm had revenue of $77.08 million for the quarter, compared to analyst estimates of $74.38 million. PFSweb had a negative net margin of 0.40% and a positive return on equity of 3.28%. As a group, sell-side analysts expect that PFSweb will post -0.08 earnings per share for the current fiscal year.

In related news, CEO Michael C. Willoughby sold 15,300 shares of PFSweb stock in a transaction dated Wednesday, December 2nd. The shares were sold at an average price of $6.63, for a total transaction of $101,439.00. Following the completion of the transaction, the chief executive officer now directly owns 272,246 shares of the company’s stock, valued at approximately $1,804,990.98. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Michael C. Willoughby sold 8,094 shares of PFSweb stock in a transaction dated Monday, November 23rd. The shares were sold at an average price of $7.01, for a total transaction of $56,738.94. Following the transaction, the chief executive officer now directly owns 291,458 shares of the company’s stock, valued at $2,043,120.58. The disclosure for this sale can be found here. Insiders have sold a total of 27,644 shares of company stock worth $187,765 in the last ninety days. Insiders own 8.10% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE purchased a new position in PFSweb during the 2nd quarter valued at about $168,000. Charles Schwab Investment Management Inc. purchased a new position in PFSweb in the second quarter worth about $253,000. New York State Common Retirement Fund purchased a new position in PFSweb in the second quarter worth about $93,000. Jane Street Group LLC purchased a new position in PFSweb in the second quarter worth about $152,000. Finally, Two Sigma Advisers LP raised its holdings in PFSweb by 48.1% in the second quarter. Two Sigma Advisers LP now owns 40,979 shares of the business services provider’s stock worth $274,000 after buying an additional 13,300 shares during the last quarter. 56.46% of the stock is owned by institutional investors.

About PFSweb

PFSweb, Inc, together with its subsidiaries, provides omni-channel commerce solutions in the United States, Belgium, the United Kingdom, Canada, and India. It operates in two segments, PFS Operations and LiveArea Professional Services. The company offers commerce strategy and consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection; and omni-channel experience 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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