Analysts predict that PFSweb (NASDAQ:PFSW) will announce $74.68 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for PFSweb’s earnings, with the lowest sales estimate coming in at $73.50 million and the highest estimate coming in at $75.85 million. PFSweb reported sales of $78.07 million during the same quarter last year, which would suggest a negative year over year growth rate of 4.3%. The business is scheduled to report its next quarterly earnings report on Monday, August 6th.

According to Zacks, analysts expect that PFSweb will report full year sales of $330.43 million for the current financial year, with estimates ranging from $326.77 million to $334.09 million. For the next fiscal year, analysts expect that the firm will post sales of $344.56 million per share, with estimates ranging from $334.26 million to $354.86 million. Zacks’ sales calculations are an average based on a survey of research firms that follow PFSweb.

PFSweb (NASDAQ:PFSW) last posted its quarterly earnings results on Thursday, March 15th. The business services provider reported $0.24 earnings per share for the quarter. PFSweb had a return on equity of 12.90% and a net margin of 0.04%. The business had revenue of $92.67 million during the quarter, compared to the consensus estimate of $90.82 million.

Several research analysts have weighed in on the company. TheStreet upgraded PFSweb from a “d+” rating to a “c” rating in a research note on Thursday, April 19th. Craig Hallum upgraded PFSweb from a “hold” rating to a “buy” rating in a research note on Friday, May 11th. B. Riley set a $11.00 price target on PFSweb and gave the stock a “buy” rating in a research note on Wednesday, March 14th. Finally, Zacks Investment Research downgraded PFSweb from a “hold” rating to a “sell” rating in a research note on Wednesday, March 21st. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. PFSweb has an average rating of “Buy” and an average target price of $10.05.

PFSweb opened at $10.07 on Wednesday, Marketbeat Ratings reports. PFSweb has a 1-year low of $10.02 and a 1-year high of $10.24. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $197.98 million, a price-to-earnings ratio of 50.35, a price-to-earnings-growth ratio of 7.49 and a beta of 0.39.

Institutional investors and hedge funds have recently modified their holdings of the company. Wells Fargo & Company MN raised its holdings in shares of PFSweb by 187.5% during the 4th quarter. Wells Fargo & Company MN now owns 14,041 shares of the business services provider’s stock worth $104,000 after acquiring an additional 9,157 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new stake in shares of PFSweb during the 4th quarter worth approximately $178,000. Stone Ridge Asset Management LLC purchased a new stake in shares of PFSweb during the 4th quarter worth approximately $239,000. Penn Capital Management Co. Inc. purchased a new stake in shares of PFSweb during the 4th quarter worth approximately $1,228,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of PFSweb by 24.9% during the 1st quarter. Russell Investments Group Ltd. now owns 227,721 shares of the business services provider’s stock worth $1,991,000 after acquiring an additional 45,443 shares in the last quarter. 61.56% of the stock is currently owned by institutional investors and hedge funds.

PFSweb Company Profile

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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