PFSweb (PFSW) Rating Lowered to Sell at Zacks Investment Research

Zacks Investment Research lowered shares of PFSweb (NASDAQ:PFSW) from a hold rating to a sell rating in a report published on Friday morning.

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. “

A number of other equities analysts have also commented on the stock. Dougherty & Co assumed coverage on shares of PFSweb in a research report on Tuesday, December 19th. They issued a buy rating and a $9.00 price target on the stock. Northland Securities reiterated a buy rating and set a $9.00 target price on shares of PFSweb in a research report on Friday, November 10th. Craig Hallum lowered shares of PFSweb from a buy rating to a hold rating in a research report on Thursday, November 9th. Canaccord Genuity lowered shares of PFSweb from a buy rating to a hold rating in a research report on Thursday, November 9th. Finally, B. Riley reiterated a buy rating and set a $13.00 target price on shares of PFSweb in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of $10.46.

PFSweb (NASDAQ PFSW) opened at $7.43 on Friday. The company has a market cap of $141.32, a PE ratio of -12.38 and a beta of 0.79. PFSweb has a 12-month low of $5.83 and a 12-month high of $8.88. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.20 and a quick ratio of 1.13.

Hedge funds have recently made changes to their positions in the company. OxFORD Asset Management LLP acquired a new position in shares of PFSweb during the third quarter worth approximately $130,000. Macquarie Group Ltd. acquired a new position in shares of PFSweb during the third quarter worth approximately $230,000. Susquehanna International Group LLP acquired a new position in shares of PFSweb during the second quarter worth approximately $432,000. Goldman Sachs Group Inc. acquired a new position in shares of PFSweb during the second quarter worth approximately $454,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of PFSweb during the second quarter worth approximately $535,000. Institutional investors own 58.32% of the company’s stock.

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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.

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