PFSW has been the subject of several other research reports. Zacks Investment Research raised shares of PFSweb from a hold rating to a strong-buy rating and set a $9.50 price objective for the company in a research note on Tuesday, October 3rd. Northland Securities reissued a buy rating and issued a $11.00 price objective on shares of PFSweb in a research note on Thursday, September 21st. Finally, B. Riley reissued a buy rating and issued a $13.00 price objective on shares of PFSweb in a research note on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $10.75.
PFSweb (PFSW) traded down $0.11 during midday trading on Thursday, hitting $6.95. 167,500 shares of the stock traded hands, compared to its average volume of 61,207. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 1.28. PFSweb has a twelve month low of $5.83 and a twelve month high of $9.60. The stock has a market capitalization of $132.19, a price-to-earnings ratio of 231.67 and a beta of 0.89.
ILLEGAL ACTIVITY WARNING: “PFSweb, Inc. (PFSW) Cut to Hold at Canaccord Genuity” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://ledgergazette.com/2017/11/12/pfsweb-inc-pfsw-cut-to-hold-at-canaccord-genuity.html.
A number of institutional investors have recently modified their holdings of the stock. Kennedy Capital Management Inc. lifted its stake in PFSweb by 2.1% in the second quarter. Kennedy Capital Management Inc. now owns 69,918 shares of the business services provider’s stock worth $578,000 after acquiring an additional 1,458 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in PFSweb by 25.7% in the first quarter. Parametric Portfolio Associates LLC now owns 23,503 shares of the business services provider’s stock worth $153,000 after acquiring an additional 4,811 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in PFSweb by 3.0% in the first 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 during the last quarter. Teton Advisors Inc. lifted its stake in PFSweb by 8.3% in the second quarter. Teton Advisors Inc. now owns 306,862 shares of the business services provider’s stock worth $2,535,000 after acquiring an additional 23,421 shares during the last quarter. Finally, Macquarie Group Ltd. purchased a new position in PFSweb in the third quarter worth approximately $230,000. Institutional investors own 57.95% 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.
Receive News & Ratings for PFSweb Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PFSweb Inc. and related companies with MarketBeat.com's FREE daily email newsletter.