Zacks Investment Research upgraded shares of PFSweb (NASDAQ:PFSW) from a hold rating to a buy rating in a research note issued to investors on Thursday. They currently have $6.75 price target on the business services provider’s stock.

According to Zacks, “PFSWeb Inc. is an international provider of transaction management services for both traditional commerce and electronic commerce, or e-commerce, companies. The company provides a broad range of services, including order management, customer care services, billing services, information management and fulfillment and distribution services. The fulfillment and distribution services are conducted at the warehouses and include picking, packing and shipping the clients’ customer orders. “

Several other brokerages also recently commented on PFSW. ValuEngine downgraded shares of PFSweb from a hold rating to a sell rating in a research note on Tuesday, September 18th. B. Riley set a $12.00 target price on shares of PFSweb and gave the stock a buy rating in a research note on Friday, November 9th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. The company presently has an average rating of Buy and an average price target of $10.25.

Shares of NASDAQ PFSW opened at $6.35 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.23 and a debt-to-equity ratio of 0.95. PFSweb has a 52 week low of $4.84 and a 52 week high of $11.86. The firm has a market capitalization of $120.56 million, a P/E ratio of 31.75 and a beta of 0.44.

PFSweb (NASDAQ:PFSW) last issued its earnings results on Thursday, November 8th. The business services provider reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.07. PFSweb had a net margin of 0.47% and a return on equity of 13.65%. The company had revenue of $77.70 million for the quarter, compared to the consensus estimate of $75.93 million. On average, analysts anticipate that PFSweb will post 0.26 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the business. Rhumbline Advisers purchased a new position in PFSweb during the 2nd quarter valued at $131,000. PNC Financial Services Group Inc. purchased a new position in PFSweb during the 3rd quarter valued at $158,000. ClariVest Asset Management LLC purchased a new position in PFSweb during the 3rd quarter valued at $206,000. Schwab Charles Investment Management Inc. purchased a new position in PFSweb during the 2nd quarter valued at $279,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in PFSweb during the 3rd quarter valued at $244,000. 62.73% of the stock is currently owned by institutional investors and hedge funds.

PFSweb Company Profile

PFSweb, Inc is global commerce service provider, which engages in delivering integrated technologies, professional services and a worldwide network of systems and logistics to deliver global commerce solutions. It operates through PFSweb, and Business and Retail Connect segments. The PFSweb segment provides various infrastructure, technology and digital agency solutions, and operates as a service fee business globally.

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