PFSweb, Inc. (PFSW) Receives Consensus Rating of “Hold” from Analysts

Shares of PFSweb, Inc. (NASDAQ:PFSW) have been assigned an average recommendation of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $10.83.

A number of equities analysts have recently issued reports on PFSW shares. Zacks Investment Research downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Northland Securities reiterated a “buy” rating and set a $11.00 price objective on shares of PFSweb in a research note on Thursday, September 21st. 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.

PFSweb (PFSW) opened at $7.52 on Monday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.13 and a current ratio of 1.20. PFSweb has a one year low of $5.83 and a one year high of $9.60. The stock has a market cap of $143.03, a P/E ratio of 250.67 and a beta of 0.78.

A number of institutional investors and hedge funds have recently made changes to their positions in PFSW. 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. Dimensional Fund Advisors LP boosted its stake in PFSweb by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 549,055 shares of the business services provider’s stock valued at $3,585,000 after acquiring an additional 15,789 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in PFSweb in the second quarter valued at approximately $535,000. Algert Global LLC acquired a new stake in PFSweb in the second quarter valued at approximately $622,000. Finally, LMR Partners LLP acquired a new stake in PFSweb in the second quarter valued at approximately $309,000. Institutional investors own 58.78% of the company’s stock.

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About PFSweb

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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