Analysts Anticipate PFSweb, Inc. (PFSW) Will Announce Earnings of $0.12 Per Share
Equities analysts expect that PFSweb, Inc. (NASDAQ:PFSW) will announce earnings of $0.12 per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for PFSweb’s earnings. The lowest EPS estimate is $0.04 and the highest is $0.19. PFSweb posted earnings of ($0.01) per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 1,300%. The firm is scheduled to announce its next earnings results on Wednesday, November 8th.
On average, analysts expect that PFSweb will report full-year earnings of $0.40 per share for the current financial year, with EPS estimates ranging from $0.29 to $0.51. For the next fiscal year, analysts forecast that the business will report earnings of $0.50 per share. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for PFSweb.
PFSweb (NASDAQ:PFSW) last posted its quarterly earnings data on Monday, August 7th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $78.07 million during the quarter, compared to analysts’ expectations of $77.13 million. PFSweb had a negative net margin of 3.55% and a negative return on equity of 1.71%.
Several research firms have recently weighed in on PFSW. Zacks Investment Research upgraded shares of PFSweb from a “strong sell” rating to a “hold” rating in a report on Thursday, July 20th. B. Riley reiterated a “buy” rating and issued a $13.00 price target on shares of PFSweb in a report on Monday, August 14th. Finally, Northland Securities reiterated a “buy” rating and issued a $11.00 price target on shares of PFSweb in a report on Thursday, August 10th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. PFSweb has an average rating of “Buy” and a consensus price target of $11.10.
In other news, Director David I. Beatson sold 4,255 shares of the business’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $7.22, for a total value of $30,721.10. Following the sale, the director now owns 11,383 shares of the company’s stock, valued at $82,185.26. The sale was disclosed in a legal filing with the SEC, which is accessible 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 transaction of $461,232.00. Following the completion of the sale, 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. 5.10% of the stock is owned by corporate insiders.
Hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new stake in shares of PFSweb during the second quarter worth approximately $535,000. Engine Capital Management LLC raised its stake in shares of 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. AWM Investment Company Inc. raised its stake in shares of 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. UBS Group AG raised its stake in shares of PFSweb by 194.9% in the first quarter. UBS Group AG now owns 50,895 shares of the business services provider’s stock worth $333,000 after buying an additional 33,637 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of PFSweb by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 549,055 shares of the business services provider’s stock worth $3,585,000 after buying an additional 15,789 shares in the last quarter. 68.14% of the stock is currently owned by institutional investors and hedge funds.
PFSweb (NASDAQ:PFSW) opened at 7.68 on Monday. The stock has a 50 day moving average of $7.92 and a 200 day moving average of $7.37. The company’s market capitalization is $145.79 million. PFSweb has a 12-month low of $5.83 and a 12-month high of $10.15.
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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