PFSweb (NASDAQ:PFSW) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS

PFSweb (NASDAQ:PFSW) released its earnings results on Monday. The business services provider reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.11) by $0.13, Fidelity Earnings reports. PFSweb had a net margin of 0.15% and a return on equity of 10.54%. The firm had revenue of $67.99 million for the quarter, compared to the consensus estimate of $73.09 million.

PFSW traded up $0.15 during trading hours on Tuesday, hitting $3.40. The company’s stock had a trading volume of 3,439 shares, compared to its average volume of 27,368. The business’s 50-day moving average price is $2.88 and its 200-day moving average price is $3.39. PFSweb has a 12 month low of $2.03 and a 12 month high of $7.77. The stock has a market cap of $63.15 million, a price-to-earnings ratio of 11.72 and a beta of 0.95. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 1.49.

Several equities analysts have recently commented on the stock. Zacks Investment Research raised shares of PFSweb from a “hold” rating to a “buy” rating and set a $3.75 target price on the stock in a report on Tuesday. ValuEngine downgraded shares of PFSweb from a “hold” rating to a “sell” rating in a report on Monday, November 4th. Needham & Company LLC reissued a “buy” rating and issued a $5.00 target price on shares of PFSweb in a report on Monday. Lake Street Capital raised shares of PFSweb from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, B. Riley reissued a “buy” rating and issued a $4.50 target price on shares of PFSweb in a report on Wednesday, September 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $5.81.

In other PFSweb news, CEO Michael C. Willoughby purchased 11,605 shares of PFSweb stock in a transaction that occurred on Friday, September 13th. The shares were bought at an average price of $2.57 per share, for a total transaction of $29,824.85. Following the completion of the transaction, the chief executive officer now owns 237,267 shares of the company’s stock, valued at approximately $609,776.19. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James F. Reilly purchased 29,039 shares of PFSweb stock in a transaction that occurred on Monday, September 16th. The stock was acquired at an average price of $2.79 per share, for a total transaction of $81,018.81. Following the transaction, the director now directly owns 55,422 shares of the company’s stock, valued at approximately $154,627.38. The disclosure for this purchase can be found here. Insiders purchased 83,051 shares of company stock worth $212,765 in the last 90 days. 6.50% of the stock is currently owned by company insiders.

PFSweb Company Profile

PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, LiveArea Professional Services and PFS Operations. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and 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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Earnings History for PFSweb (NASDAQ:PFSW)

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