Headlines about PFSweb (NASDAQ:PFSW) have been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. PFSweb earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 45.8185968017117 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
PFSweb (PFSW) traded down 0.37% during trading on Friday, hitting $8.16. 93,544 shares of the stock traded hands. The company has a 50-day moving average price of $7.99 and a 200-day moving average price of $7.51. PFSweb has a 12 month low of $5.83 and a 12 month high of $9.60. The stock’s market cap is $154.90 million.
PFSweb (NASDAQ:PFSW) last announced its quarterly earnings data on Monday, August 7th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.03). PFSweb had a negative net margin of 3.55% and a negative return on equity of 1.71%. The company had revenue of $78.07 million during the quarter, compared to analysts’ expectations of $77.13 million. Equities research analysts expect that PFSweb will post $0.30 EPS for the current year.
A number of brokerages have weighed in on PFSW. B. Riley restated a “buy” rating and issued a $13.00 target price on shares of PFSweb in a research report on Wednesday, August 9th. Zacks Investment Research upgraded shares of PFSweb from a “hold” rating to a “strong-buy” rating and set a $9.50 target price on the stock in a research report on Tuesday. Northland Securities restated a “buy” rating and issued a $11.00 target price on shares of PFSweb in a research report on Thursday, August 10th. Finally, Canaccord Genuity restated a “buy” rating and issued a $12.00 target price on shares of PFSweb in a research report on Monday, October 2nd. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $11.20.
In other news, EVP Cynthia D. Almond sold 57,654 shares of the company’s stock in a transaction on Monday, July 10th. The shares were sold at an average price of $8.00, for a total value of $461,232.00. Following the completion of the sale, the executive vice president now owns 77,863 shares of the company’s stock, valued at approximately $622,904. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 5.20% of the stock is currently owned by corporate insiders.
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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