ValuEngine Upgrades PFSweb (PFSW) to Hold

PFSweb (NASDAQ:PFSW) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Monday.

A number of other equities analysts have also commented on the stock. Zacks Investment Research raised shares of PFSweb from a “hold” rating to a “buy” rating and set a $6.75 price target on the stock in a report on Thursday, January 10th. B. Riley set a $12.00 price target on shares of PFSweb and gave the stock a “buy” rating in a report on Friday, November 9th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $10.25.

PFSweb stock opened at $5.90 on Monday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.23 and a current ratio of 1.31. The company has a market cap of $114.01 million, a P/E ratio of 29.50 and a beta of 0.57. PFSweb has a 1-year low of $4.84 and a 1-year high of $11.86.

PFSweb (NASDAQ:PFSW) last posted its earnings results on Thursday, November 8th. The business services provider reported $0.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.07. The business had revenue of $77.70 million for the quarter, compared to analyst estimates of $75.93 million. PFSweb had a net margin of 0.47% and a return on equity of 13.65%. Research analysts expect that PFSweb will post 0.26 EPS for the current year.

Several large investors have recently modified their holdings of the company. Engine Capital Management LP increased its holdings in shares of PFSweb by 22.4% in the 3rd quarter. Engine Capital Management LP now owns 1,169,727 shares of the business services provider’s stock worth $8,656,000 after buying an additional 214,278 shares during the last quarter. BlackRock Inc. increased its holdings in shares of PFSweb by 0.8% in the 3rd quarter. BlackRock Inc. now owns 1,039,341 shares of the business services provider’s stock worth $7,691,000 after buying an additional 8,291 shares during the last quarter. Vanguard Group Inc increased its holdings in shares of PFSweb by 4.0% in the 3rd quarter. Vanguard Group Inc now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after buying an additional 34,480 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of PFSweb by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after buying an additional 34,480 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of PFSweb by 5.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 684,116 shares of the business services provider’s stock worth $5,062,000 after buying an additional 36,808 shares during the last quarter. 62.68% of the stock is currently owned by hedge funds and other institutional investors.

About PFSweb

PFSweb, Inc is global commerce service provider, which engages in delivering integrated technologies, professional services and a worldwide network of systems and logistics to deliver global commerce solutions. It operates through PFSweb, and Business and Retail Connect segments. The PFSweb segment provides various infrastructure, technology and digital agency solutions, and operates as a service fee business globally.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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