Analysts Set PFSweb, Inc. (PFSW) Price Target at $11.50
PFSweb, Inc. (NASDAQ:PFSW) has been given a consensus recommendation of “Hold” by the six analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $10.83.
Several research firms have issued reports on PFSW. Northland Securities restated a “buy” rating and set a $9.00 price objective on shares of PFSweb in a report on Friday. Zacks Investment Research lowered PFSweb from a “hold” rating to a “sell” rating in a research report on Friday. Craig Hallum lowered PFSweb from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Canaccord Genuity lowered PFSweb from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, B. Riley reiterated a “buy” rating and issued a $13.00 target price on shares of PFSweb in a research report on Tuesday, November 7th.
PFSweb (NASDAQ:PFSW) traded up $0.01 during mid-day trading on Thursday, reaching $6.96. The company’s stock had a trading volume of 276,800 shares, compared to its average volume of 69,650. The company has a quick ratio of 1.13, a current ratio of 1.20 and a debt-to-equity ratio of 1.19. PFSweb has a 52 week low of $5.83 and a 52 week high of $9.60. The stock has a market cap of $132.19, a P/E ratio of 231.67 and a beta of 0.89.
Institutional investors and hedge funds have recently modified their holdings of the company. Engine Capital Management LLC grew its position in shares of PFSweb by 8.4% in the 2nd quarter. Engine Capital Management LLC now owns 912,690 shares of the business services provider’s stock worth $7,539,000 after acquiring an additional 70,935 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of PFSweb by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 549,055 shares of the business services provider’s stock worth $3,585,000 after acquiring an additional 15,789 shares in the last quarter. LMR Partners LLP acquired a new position in shares of PFSweb in the 2nd quarter worth approximately $309,000. UBS Group AG grew its position in shares of PFSweb by 194.9% in the 1st quarter. UBS Group AG now owns 50,895 shares of the business services provider’s stock worth $333,000 after acquiring an additional 33,637 shares in the last quarter. Finally, Susquehanna International Group LLP acquired a new position in PFSweb during the 2nd quarter valued at approximately $432,000. Institutional investors own 58.07% of the company’s stock.
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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