PFSweb (PFSW) Sets New 12-Month Low at $4.78

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Shares of PFSweb, Inc. (NASDAQ:PFSW) reached a new 52-week low on Friday . The company traded as low as $4.78 and last traded at $4.84, with a volume of 464 shares traded. The stock had previously closed at $5.36.

A number of analysts have recently weighed in on PFSW shares. ValuEngine raised PFSweb from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Zacks Investment Research raised PFSweb from a “hold” rating to a “buy” rating and set a $6.75 target price on the stock in a report on Thursday, January 10th. Needham & Company LLC reissued a “buy” rating and issued a $9.00 target price (down previously from $12.00) on shares of PFSweb in a report on Tuesday. Craig Hallum lowered PFSweb from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Lake Street Capital set a $10.00 target price on PFSweb and gave the company a “buy” rating in a report on Tuesday. They noted that the move was a valuation call. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $9.44.

The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 0.84. The company has a market cap of $94.37 million, a PE ratio of 17.55 and a beta of 0.55.

PFSweb (NASDAQ:PFSW) last released its quarterly earnings data on Monday, March 18th. The business services provider reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.06. PFSweb had a net margin of 0.38% and a return on equity of 13.29%. The company had revenue of $92.99 million during the quarter, compared to the consensus estimate of $92.24 million.

Several institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in PFSweb in the fourth quarter valued at about $58,000. Rhumbline Advisers lifted its position in PFSweb by 52.7% in the fourth quarter. Rhumbline Advisers now owns 19,506 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 6,728 shares during the period. Bank of America Corp DE lifted its position in PFSweb by 41.7% in the fourth quarter. Bank of America Corp DE now owns 20,569 shares of the business services provider’s stock valued at $105,000 after purchasing an additional 6,052 shares during the period. PNC Financial Services Group Inc. acquired a new stake in PFSweb in the third quarter valued at about $158,000. Finally, ClariVest Asset Management LLC acquired a new stake in PFSweb in the third quarter valued at about $206,000. Institutional investors and hedge funds own 58.68% of the company’s stock.

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About PFSweb (NASDAQ:PFSW)

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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