PFSweb (NASDAQ:PFSW) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Thursday. The firm currently has a $8.00 target price on the business services provider’s stock. Zacks Investment Research‘s price target points to a potential upside of 12.99% from the company’s previous close.

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 equities research analysts have also recently commented on the company. Needham & Company LLC initiated coverage on PFSweb in a research note on Wednesday, July 18th. They set a “buy” rating and a $12.00 price target for the company. ValuEngine cut PFSweb from a “hold” rating to a “sell” rating in a research note on Tuesday, September 18th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $9.80.

PFSW stock opened at $7.08 on Thursday. The company has a market capitalization of $142.51 million, a PE ratio of 36.65 and a beta of 0.44. PFSweb has a twelve month low of $5.90 and a twelve month high of $11.86. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.30 and a quick ratio of 1.21.

PFSweb (NASDAQ:PFSW) last released its quarterly earnings results on Thursday, August 9th. The business services provider reported $0.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.11. PFSweb had a return on equity of 14.43% and a net margin of 0.65%. The business had revenue of $77.05 million during the quarter, compared to analysts’ expectations of $74.68 million. On average, sell-side analysts predict that PFSweb will post 0.19 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its stake in shares of PFSweb by 205.4% during the second quarter. BlackRock Inc. now owns 1,031,050 shares of the business services provider’s stock worth $10,022,000 after purchasing an additional 693,474 shares during the last quarter. Dimensional Fund Advisors LP raised its position in PFSweb by 2.1% in the second quarter. Dimensional Fund Advisors LP now owns 647,308 shares of the business services provider’s stock worth $6,292,000 after acquiring an additional 13,410 shares in the last quarter. Renaissance Technologies LLC raised its position in PFSweb by 20.8% in the second quarter. Renaissance Technologies LLC now owns 641,139 shares of the business services provider’s stock worth $6,232,000 after acquiring an additional 110,388 shares in the last quarter. Russell Investments Group Ltd. raised its position in PFSweb by 24.9% in the first 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. Finally, Northern Trust Corp raised its position in PFSweb by 428.2% in the second quarter. Northern Trust Corp now owns 165,712 shares of the business services provider’s stock worth $1,611,000 after acquiring an additional 134,340 shares in the last quarter. Institutional investors and hedge funds own 63.32% of the company’s stock.

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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Analyst Recommendations for PFSweb (NASDAQ:PFSW)

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