PFSW has been the subject of several other research reports. Zacks Investment Research upgraded shares of PFSweb from a hold rating to a buy rating and set a $8.00 price target for the company in a report on Thursday, October 11th. ValuEngine cut shares of PFSweb from a hold rating to a sell rating in a report on Tuesday, September 18th. Finally, Needham & Company LLC started coverage on shares of PFSweb in a report on Wednesday, July 18th. They issued a buy rating and a $12.00 price target for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of $10.00.
NASDAQ:PFSW traded down $0.66 during trading hours on Friday, hitting $6.75. The stock had a trading volume of 44,598 shares, compared to its average volume of 24,569. PFSweb has a one year low of $6.50 and a one year high of $11.86. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.30. The company has a market capitalization of $139.62 million, a PE ratio of 33.75 and a beta of 0.33.
Several institutional investors have recently added to or reduced their stakes in PFSW. BlackRock Inc. boosted its holdings in shares of PFSweb by 205.4% in the second quarter. BlackRock Inc. now owns 1,031,050 shares of the business services provider’s stock valued at $10,022,000 after buying an additional 693,474 shares during the period. Northern Trust Corp boosted its holdings in shares of PFSweb by 428.2% in the second quarter. Northern Trust Corp now owns 165,712 shares of the business services provider’s stock valued at $1,611,000 after buying an additional 134,340 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of PFSweb by 20.8% in the second quarter. Renaissance Technologies LLC now owns 641,139 shares of the business services provider’s stock valued at $6,232,000 after buying an additional 110,388 shares during the period. Acadian Asset Management LLC boosted its holdings in PFSweb by 895.2% during the second quarter. Acadian Asset Management LLC now owns 82,755 shares of the business services provider’s stock worth $804,000 after purchasing an additional 74,440 shares during the last quarter. Finally, EAM Investors LLC acquired a new position in PFSweb during the second quarter worth $671,000. Institutional investors own 62.32% of the company’s stock.
PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, PFSweb, and Business and Retail Connect. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and strategy, design, and digital marketing services, such as digital strategy, design, user experience, interactive development, SEO and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.
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