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

PFSweb, Inc. (NASDAQ:PFSW) has been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $10.38.

Several equities research 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 report on Friday, October 20th. Canaccord Genuity downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. B. Riley reissued a “buy” rating and set a $13.00 price objective on shares of PFSweb in a research report on Tuesday, November 7th. Northland Securities reissued a “buy” rating and set a $9.00 price objective on shares of PFSweb in a research report on Friday, November 10th. Finally, Craig Hallum downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th.

Shares of PFSweb (NASDAQ PFSW) opened at $7.60 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.13 and a debt-to-equity ratio of 1.19. PFSweb has a 12-month low of $5.83 and a 12-month high of $8.88. The stock has a market cap of $141.51, a price-to-earnings ratio of -12.67 and a beta of 0.78.

A number of institutional investors have recently added to or reduced their stakes in PFSW. OxFORD Asset Management LLP bought a new position in PFSweb in the third quarter valued at $130,000. Macquarie Group Ltd. bought a new position in PFSweb in the third quarter valued at $230,000. Susquehanna International Group LLP bought a new position in PFSweb in the second quarter valued at $432,000. Goldman Sachs Group Inc. bought a new position in PFSweb in the second quarter valued at $454,000. Finally, Russell Investments Group Ltd. bought a new position in PFSweb in the second quarter valued at $535,000. 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.

Analyst Recommendations for PFSweb (NASDAQ:PFSW)

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