Brokerages expect that PFSweb, Inc. (NASDAQ:PFSW) will announce sales of $90.82 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for PFSweb’s earnings, with the highest sales estimate coming in at $94.36 million and the lowest estimate coming in at $87.91 million. PFSweb reported sales of $102.46 million during the same quarter last year, which would suggest a negative year over year growth rate of 11.4%. The company is scheduled to issue its next earnings report on Thursday, March 15th.

On average, analysts expect that PFSweb will report full-year sales of $90.82 million for the current year, with estimates ranging from $322.06 million to $328.52 million. For the next year, analysts anticipate that the company 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 analysts that follow PFSweb.

A number of brokerages have weighed in on PFSW. Zacks Investment Research lowered PFSweb from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Canaccord Genuity reissued a “buy” rating and set a $12.00 price target on shares of PFSweb in a research note on Monday, October 2nd. Northland Securities reissued a “buy” rating and set a $11.00 price target on shares of PFSweb in a research note on Thursday, September 21st. Craig Hallum lowered PFSweb from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, B. Riley reissued a “buy” rating and set a $13.00 price target on shares of PFSweb in a research note on Tuesday, November 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. PFSweb presently has an average rating of “Hold” and a consensus target price of $10.75.

Shares of PFSweb (NASDAQ:PFSW) traded up $0.02 during trading on Wednesday, hitting $7.30. The company’s stock had a trading volume of 14,023 shares, compared to its average volume of 41,301. PFSweb has a one year low of $5.83 and a one year high of $9.50. The stock has a market cap of $138.47, a price-to-earnings ratio of 242.67 and a beta of 0.78. The company has a current ratio of 1.20, a quick ratio of 1.13 and a debt-to-equity ratio of 1.19.

Hedge funds have recently added to or reduced their stakes in the company. Engine Capital Management LLC increased its holdings in shares of PFSweb by 8.4% during the 2nd quarter. Engine Capital Management LLC now owns 912,690 shares of the business services provider’s stock worth $7,539,000 after buying an additional 70,935 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of PFSweb by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 549,055 shares of the business services provider’s stock worth $3,585,000 after buying an additional 15,789 shares during the last quarter. LMR Partners LLP acquired a new stake in shares of PFSweb during the 2nd quarter worth $309,000. Goldman Sachs Group Inc. acquired a new stake in shares of PFSweb during the 2nd quarter worth $454,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of PFSweb during the 2nd quarter worth $432,000. Institutional investors and hedge funds own 58.78% of the company’s stock.

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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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Earnings History and Estimates for PFSweb (NASDAQ:PFSW)

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