PFSweb, Inc. (PFSW) Expected to Announce Quarterly Sales of $90.82 Million

Wall Street analysts expect PFSweb, Inc. (NASDAQ:PFSW) to announce $90.82 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for PFSweb’s earnings, with the lowest sales estimate coming in at $87.91 million and the highest estimate coming in at $94.36 million. PFSweb posted sales of $102.46 million in the same quarter last year, which suggests a negative year-over-year growth rate of 11.4%. The firm is expected to issue its next earnings results 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 year, analysts forecast that the business will report sales of $333.92 million per share, with estimates ranging from $329.14 million to $342.50 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for PFSweb.

PFSweb (NASDAQ:PFSW) last announced its quarterly earnings results on Wednesday, November 8th. The business services provider reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.10. PFSweb had a positive return on equity of 1.98% and a negative net margin of 3.30%.

PFSW has been the subject of a number of analyst reports. Northland Securities reissued a “buy” rating and issued a $11.00 price target on shares of PFSweb in a report on Thursday, September 21st. Dougherty & Co initiated coverage on PFSweb in a report on Tuesday, December 19th. They issued a “buy” rating and a $9.00 price target for the company. Zacks Investment Research raised PFSweb from a “hold” rating to a “buy” rating and set a $9.25 price target for the company in a report on Wednesday, October 25th. Canaccord Genuity reaffirmed a “buy” rating and set a $12.00 target price on shares of PFSweb in a research note on Monday, October 2nd. Finally, B. Riley reaffirmed a “buy” rating and set a $13.00 target price on shares of PFSweb in a research note on Tuesday, November 7th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. PFSweb presently has an average rating of “Buy” and an average price target of $10.46.

PFSweb (PFSW) opened at $7.77 on Tuesday. PFSweb has a twelve month low of $5.83 and a twelve month high of $8.88. The stock has a market capitalization of $147.79, a P/E ratio of -12.95, a price-to-earnings-growth ratio of 4.98 and a beta of 0.79. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.20 and a quick ratio of 1.13.

Several hedge funds have recently made changes to their positions in the company. Engine Capital Management LLC raised its stake in shares of PFSweb by 11.6% during the 3rd quarter. Engine Capital Management LLC now owns 1,018,326 shares of the business services provider’s stock worth $8,503,000 after buying an additional 105,636 shares during the period. OxFORD Asset Management LLP acquired a new position in shares of PFSweb during the 3rd quarter worth approximately $130,000. Dimensional Fund Advisors LP raised its stake in shares of PFSweb by 3.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 613,681 shares of the business services provider’s stock worth $5,124,000 after buying an additional 23,069 shares during the period. Macquarie Group Ltd. acquired a new position in shares of PFSweb during the 3rd quarter worth approximately $230,000. Finally, Russell Investments Group Ltd. raised its stake in shares of PFSweb by 63.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 105,615 shares of the business services provider’s stock worth $882,000 after buying an additional 40,917 shares during the period. 58.32% of the stock is owned by institutional investors and hedge funds.

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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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