PFSweb, Inc. (NASDAQ:PFSW)‘s stock had its “buy” rating reaffirmed by research analysts at Northland Securities in a research note issued on Friday. They currently have a $9.00 target price on the business services provider’s stock. Northland Securities’ price objective would suggest a potential upside of 29.50% from the company’s current price.

Several other analysts have also issued reports on the company. Zacks Investment Research lowered PFSweb from a “buy” rating to a “hold” rating in a report on Friday, October 20th. Canaccord Genuity reissued a “buy” rating and set a $12.00 price target on shares of PFSweb in a report on Monday, October 2nd. B. Riley reissued a “buy” rating and set a $13.00 price target on shares of PFSweb in a report on Tuesday. Finally, Craig Hallum lowered PFSweb from a “buy” rating to a “hold” rating in a report on Thursday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. PFSweb presently has an average rating of “Hold” and a consensus target price of $10.75.

PFSweb (NASDAQ PFSW) traded down $0.11 during trading on Friday, reaching $6.95. The company had a trading volume of 167,513 shares, compared to its average volume of 63,145. The stock has a market capitalization of $131.94, a PE ratio of 263.33 and a beta of 0.89. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.04 and a current ratio of 1.13. PFSweb has a 12 month low of $5.83 and a 12 month high of $9.60.

PFSweb (NASDAQ:PFSW) last posted its quarterly earnings data on Monday, August 7th. The business services provider reported ($0.03) EPS for the quarter, meeting analysts’ consensus estimates of ($0.03). The company had revenue of $78.07 million during the quarter, compared to analysts’ expectations of $77.13 million. PFSweb had a positive return on equity of 1.98% and a negative net margin of 3.30%. equities research analysts anticipate that PFSweb will post 0.1 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parametric Portfolio Associates LLC boosted its stake in shares of PFSweb by 25.7% in the first quarter. Parametric Portfolio Associates LLC now owns 23,503 shares of the business services provider’s stock worth $153,000 after acquiring an additional 4,811 shares during the period. Macquarie Group Ltd. purchased a new stake in shares of PFSweb in the third quarter worth about $230,000. LMR Partners LLP purchased a new stake in shares of PFSweb in the second quarter worth about $309,000. UBS Group AG lifted its position in shares of PFSweb by 194.9% in the first quarter. UBS Group AG now owns 50,895 shares of the business services provider’s stock worth $333,000 after buying an additional 33,637 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in shares of PFSweb in the second quarter worth about $432,000. 57.95% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for PFSweb (NASDAQ:PFSW)

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