PFSweb, Inc. (NASDAQ:PFSW) Rating Reiterated by Northland Securities

PFSweb, Inc. (NASDAQ:PFSW)‘s stock had its “buy” rating reiterated by research analysts at Northland Securities in a research report issued to clients and investors on Thursday. They currently have a $11.00 target price on the business services provider’s stock. Northland Securities’ price objective would indicate a potential upside of 42.67% from the stock’s previous close.

A number of other analysts have also recently weighed in on PFSW. B. Riley reiterated a “buy” rating and issued a $13.00 price target on shares of PFSweb in a research report on Monday, April 17th. Zacks Investment Research cut PFSweb from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 12th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $11.15.

Shares of PFSweb (NASDAQ PFSW) opened at 7.71 on Thursday. The firm has a 50-day moving average price of $7.95 and a 200-day moving average price of $7.38. PFSweb has a 1-year low of $5.83 and a 1-year high of $10.67. The company’s market capitalization is $145.17 million.

PFSweb (NASDAQ:PFSW) last announced its quarterly earnings results on Monday, August 7th. The business services provider reported ($0.03) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.03). PFSweb had a negative return on equity of 1.66% and a negative net margin of 3.55%. The firm had revenue of $78.07 million for the quarter, compared to analysts’ expectations of $77.13 million. Equities analysts anticipate that PFSweb will post $0.32 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece was reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. and international copyright & trademark law. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/2796689/pfsweb-inc-nasdaqpfsw-rating-reiterated-by-northland-securities.html.

In other PFSweb news, insider Christopher Travis Hess sold 3,908 shares of the business’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $7.00, for a total value of $27,356.00. Following the transaction, the insider now owns 1,017 shares of the company’s stock, valued at $7,119. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Cynthia D. Almond sold 57,654 shares of the business’s stock in a transaction on Monday, July 10th. The stock was sold at an average price of $8.00, for a total value of $461,232.00. Following the completion of the transaction, the executive vice president now directly owns 77,863 shares in the company, valued at approximately $622,904. The disclosure for this sale can be found here. In the last three months, insiders sold 70,072 shares of company stock worth $548,881. Insiders own 5.20% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the company. Trexquant Investment LP acquired a new position in PFSweb during the first quarter worth approximately $185,000. Kennedy Capital Management Inc. raised its position in PFSweb by 105.3% in the first quarter. Kennedy Capital Management Inc. now owns 68,460 shares of the business services provider’s stock worth $447,000 after buying an additional 35,118 shares in the last quarter. Teachers Advisors LLC raised its position in PFSweb by 68.6% in the fourth quarter. Teachers Advisors LLC now owns 35,682 shares of the business services provider’s stock worth $303,000 after buying an additional 14,524 shares in the last quarter. Engine Capital Management LLC raised its position in PFSweb by 8,310.8% in the first quarter. Engine Capital Management LLC now owns 841,755 shares of the business services provider’s stock worth $5,497,000 after buying an additional 831,747 shares in the last quarter. Finally, AWM Investment Company Inc. raised its position in PFSweb by 0.9% in the first quarter. AWM Investment Company Inc. now owns 1,560,394 shares of the business services provider’s stock worth $10,189,000 after buying an additional 14,656 shares in the last quarter. 68.86% of the stock is currently owned by institutional investors.

About PFSweb

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.

Receive News & Ratings for PFSweb Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PFSweb Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.