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. ”
Other equities research analysts have also issued research reports about the stock. TheStreet raised shares of PFSweb from a “d+” rating to a “c-” rating in a report on Thursday, January 14th. Needham & Company LLC boosted their price target on shares of PFSweb from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Friday, January 15th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $8.81.
NASDAQ:PFSW opened at $7.40 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.24. The firm has a market cap of $149.84 million, a price-to-earnings ratio of -61.66 and a beta of 1.77. The company has a 50 day moving average price of $7.20 and a 200-day moving average price of $7.21. PFSweb has a 1-year low of $1.50 and a 1-year high of $9.89.
In other news, CEO Michael C. Willoughby sold 3,568 shares of the company’s stock in a transaction on Wednesday, November 25th. The shares were sold at an average price of $7.02, for a total transaction of $25,047.36. Following the completion of the sale, the chief executive officer now owns 291,458 shares of the company’s stock, valued at $2,046,035.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael C. Willoughby sold 15,300 shares of the business’s stock in a transaction dated Wednesday, December 2nd. The shares were sold at an average price of $6.63, for a total transaction of $101,439.00. Following the transaction, the chief executive officer now directly owns 272,246 shares in the company, valued at approximately $1,804,990.98. The disclosure for this sale can be found here. Insiders have sold 27,644 shares of company stock valued at $187,765 in the last ninety days. Insiders own 8.10% of the company’s stock.
Several hedge funds have recently made changes to their positions in the company. Nuveen Asset Management LLC boosted its position in shares of PFSweb by 4.2% during the 4th quarter. Nuveen Asset Management LLC now owns 36,077 shares of the business services provider’s stock valued at $242,000 after acquiring an additional 1,460 shares during the last quarter. Rhumbline Advisers boosted its position in shares of PFSweb by 16.1% during the 4th quarter. Rhumbline Advisers now owns 12,741 shares of the business services provider’s stock valued at $86,000 after acquiring an additional 1,766 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of PFSweb by 7.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 40,836 shares of the business services provider’s stock valued at $274,000 after acquiring an additional 3,000 shares during the last quarter. Ritholtz Wealth Management boosted its position in shares of PFSweb by 39.8% during the 3rd quarter. Ritholtz Wealth Management now owns 14,229 shares of the business services provider’s stock valued at $95,000 after acquiring an additional 4,049 shares during the last quarter. Finally, Essex Investment Management Co. LLC boosted its position in shares of PFSweb by 3.4% during the 3rd quarter. Essex Investment Management Co. LLC now owns 134,106 shares of the business services provider’s stock valued at $897,000 after acquiring an additional 4,465 shares during the last quarter. 57.22% of the stock is currently owned by hedge funds and other institutional investors.
PFSweb Company Profile
PFSweb, Inc, together with its subsidiaries, provides omni-channel commerce solutions in the United States, Belgium, the United Kingdom, Canada, and India. It operates in two segments, PFS Operations and LiveArea Professional Services. The company offers commerce strategy and consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection; and omni-channel experience design and digital marketing services, such as design, user experience, interactive development, search engine optimization and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.
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