Wall Street brokerages forecast that PFSweb, Inc. (NASDAQ:PFSW) will announce sales of $90.82 million for the current quarter, according to Zacks. Three analysts have provided estimates for PFSweb’s earnings. The lowest sales estimate is $87.91 million and the highest is $94.36 million. PFSweb reported sales of $102.46 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 11.4%. The company is scheduled to report its next quarterly earnings report on Thursday, March 15th.

On average, analysts expect that PFSweb will report full year sales of $90.82 million for the current financial year, with estimates ranging from $322.06 million to $328.52 million. For the next fiscal year, analysts anticipate that the company will report sales of $333.92 million per share, with estimates ranging from $329.14 million to $342.50 million. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for PFSweb.

PFSW has been the subject of several recent research reports. 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 issued a $11.00 target price 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 issued a $13.00 target price on shares of PFSweb in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. PFSweb currently has an average rating of “Hold” and an average price target of $10.75.

PFSweb (NASDAQ PFSW) opened at $7.13 on Wednesday. The firm has a market cap of $135.04, a PE ratio of 238.00 and a beta of 0.78. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.20 and a quick ratio of 1.13. PFSweb has a 12 month low of $5.83 and a 12 month high of $9.50.

A number of large investors have recently modified their holdings of the stock. Engine Capital Management LLC grew its stake in PFSweb by 11.6% during the third quarter. Engine Capital Management LLC now owns 1,018,326 shares of the business services provider’s stock valued at $8,503,000 after acquiring an additional 105,636 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in PFSweb by 3.9% during the third quarter. Dimensional Fund Advisors LP now owns 613,681 shares of the business services provider’s stock valued at $5,124,000 after acquiring an additional 23,069 shares in the last quarter. Teton Advisors Inc. grew its stake in PFSweb by 8.3% during the second quarter. Teton Advisors Inc. now owns 306,862 shares of the business services provider’s stock valued at $2,535,000 after acquiring an additional 23,421 shares in the last quarter. Punch & Associates Investment Management Inc. grew its stake in PFSweb by 14.3% during the second quarter. Punch & Associates Investment Management Inc. now owns 255,188 shares of the business services provider’s stock valued at $2,108,000 after acquiring an additional 32,000 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in PFSweb by 63.2% during the third quarter. Russell Investments Group Ltd. now owns 105,615 shares of the business services provider’s stock valued at $882,000 after acquiring an additional 40,917 shares in the last quarter. 58.78% of the stock is owned by institutional investors.

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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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Earnings History and Estimates for PFSweb (NASDAQ:PFSW)

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