Somewhat Positive Media Coverage Somewhat Unlikely to Impact PFSweb (PFSW) Share Price
Headlines about PFSweb (NASDAQ:PFSW) have been trending somewhat positive on Friday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PFSweb earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 46.4302209473779 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of PFSweb (PFSW) traded down 1.40% during trading on Friday, hitting $7.77. The stock had a trading volume of 742 shares. PFSweb has a 1-year low of $5.83 and a 1-year high of $10.15. The company’s market capitalization is $147.50 million. The firm has a 50-day moving average of $7.83 and a 200 day moving average of $7.38.
PFSweb (NASDAQ:PFSW) last posted its earnings results on Monday, August 7th. The business services provider reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). The company had revenue of $78.07 million during the quarter, compared to the consensus estimate of $77.13 million. PFSweb had a negative net margin of 3.55% and a negative return on equity of 1.71%. Equities research analysts predict that PFSweb will post $0.36 earnings per share for the current fiscal year.
A number of equities analysts have issued reports on PFSW shares. B. Riley reiterated a “buy” rating and set a $13.00 target price on shares of PFSweb in a report on Tuesday, May 9th. Zacks Investment Research cut PFSweb from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 12th. Finally, Northland Securities reiterated a “buy” rating and set a $11.00 target price on shares of PFSweb in a report on Thursday, August 10th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company has a consensus 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 dated Friday, June 9th. The shares were sold at an average price of $7.22, for a total transaction of $30,721.10. Following the completion of the sale, the director now directly owns 11,383 shares of the company’s stock, valued at $82,185.26. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Cynthia D. Almond sold 57,654 shares of the business’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $8.00, for a total transaction of $461,232.00. Following the sale, the executive vice president now directly owns 77,863 shares of the company’s stock, valued at $622,904. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.
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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