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Equities research analysts at Lake Street Capital assumed coverage on shares of PFSweb (NASDAQ: PFSW) in a research note issued to investors on Monday, reports. The firm set a “buy” rating on the stock.

The analysts wrote, “PFSweb’s e-commerce platform is well positioned to benefit from the large and growing trend of outsourced, end-to-end e-commerce services. After recent attrition of two larger e-commerce customers, PFS replaced its CEO and reduced expenses, making 2013 a ‘transition’ year. With a recent capital injection, BOD additions, and further cost cutting, we believe PFS has the opportunity to prove to the Street it can be a viable and profitable player in this fast growing industry.”

Shares of PFSweb (NASDAQ: PFSW) traded up 0.99% during mid-day trading on Monday, hitting $4.10. PFSweb has a one year low of $2.14 and a one year high of $4.65. The stock’s 50-day moving average is currently $4.09. The company’s market cap is $52.4 million.

PFSweb (NASDAQ: PFSW) last posted its quarterly earnings results on Wednesday, May 15th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.10. The company had revenue of $66.30 million for the quarter, compared to the consensus estimate of $72.80 million. Analysts expect that PFSweb will post $-0.54 EPS for the current fiscal year.

PFSW has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of PFSweb from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, June 13th. They now have a $4.80 price target on the stock. Analysts at TheStreet downgraded shares of PFSweb from a “hold” rating to a “sell” rating in a research note to investors on Friday, May 17th.

PFSweb, Inc (NASDAQ: PFSW) is an international business process outsourcing provider of eCommerce solutions.

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