The stock of PFSweb Inc. (NASDAQ:PFSW) last traded at $6.00, up 1.35% from the previous session.
Data from the available sources indicates that PFSweb Inc. (NASDAQ:PFSW) is covered by 1 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $15.00 and a low of $15.00, we find $15.00. Given the previous closing price of $5.92, this indicates a potential upside of 153.38 percent. PFSW stock price is now 4.26% away from the 50-day moving average and -1.68% away from the 200-day moving average. The market capitalization of the company currently stands at $133.38M.
In total, 0 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $15.00 as their price target over the next twelve months.
With the price target maintained at $6, Craig Hallum recently Upgraded its rating from Hold to Buy for PFSweb Inc. (NASDAQ: PFSW). , while ‘Needham’ rates the stock as ‘Buy’.
In other news, Samaha Eli, 10% Owner bought 23,448 shares of the company’s stock on Jun 24. The stock was bought for $274,811 at an average price of $11.72. Upon completion of the transaction, the 10% Owner now directly owns 2,633,189 shares in the company, valued at $15.8 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 29, 10% Owner Samaha Eli bought 2,000 shares of the business’s stock. A total of $22,480 was incurred on buying the stock at an average price of $11.24. This leaves the insider owning 2,596,234 shares of the company worth $15.58 million. Insiders disposed of 138,668 shares of company stock worth roughly $0.83 million over the past 1 year. A total of 0.60% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in PFSW stock. A new stake in PFSweb Inc. shares was purchased by HUDSON BAY CAPITAL MANAGEMENT LP during the first quarter worth $460,000. J. GOLDMAN & CO LP invested $110,000 in shares of PFSW during the first quarter. In the first quarter, AQR CAPITAL MANAGEMENT LLC acquired a new stake in PFSweb Inc. valued at approximately $87,000. DORSEY WRIGHT & ASSOCIATES acquired a new stake in PFSW for approximately $21,000. ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC purchased a new stake in PFSW valued at around $18,000 in the second quarter. In total, there are 93 active investors with 66.30% ownership of the company’s stock.
With an opening price of $5.95 on Thursday morning, PFSweb Inc. (NASDAQ: PFSW) set off the trading day. During the past 12 months, PFSweb Inc. has had a low of $4.72 and a high of $7.56. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 3.40, and a quick ratio of 3.40. The fifty day moving average price for PFSW is $9.51 and a two-hundred day moving average price translates $10.66 for the stock.
The latest earnings results from PFSweb Inc. (NASDAQ: PFSW) was released for Jun, 2022. According to the Specialty Business Services Company, earnings per share came in at -$0.18, missing analysts’ expectations of $0.09 by -0.27. This compares to $7.71 EPS in the same period last year. The net profit margin was -6.20% and return on equity was -9.10% for PFSW. The company reported revenue of $65.48 million for the quarter, compared to $61.34 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.76 percent. For the current quarter, analysts expect PFSW to generate $94.16M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/15/2022. Investors who held shares on 12/01/2022 were paid a $4.50 dividend.
PFSweb Inc.(PFSW) Company Profile
PFSweb, Inc., together with its subsidiaries, provides omni-channel commerce solutions in the United States, Belgium, Bulgaria, the United Kingdom, Canada, and India. The company offers order to cash service, which provides distributed order orchestration and payment processing; order fulfillment services; contact center services that are focused on providing essential services, such as order entry, returns authorization, product inquiry, and order tracking, as well as iCA, an application where agents provides customer service functions, such as placing orders, checking order status, facilitating returns, initiating upsell and cross sell, managing escalations, and gathering voice of the customer information. It serves clients in various industries, such as fashion apparel and accessories, fragrance and beauty products, health, luxury goods, cosmetics, footwear, consumer packaged goods, housewares, coins and collectibles, jewelry, computer and office products, and other industries. The company was incorporated in 1999 and is headquartered in Allen, Texas.