Worth Watching: PFSweb, Inc. Can’t Be More Risky. Just Reaches 52-Week Low

Worth Watching: PFSweb, Inc. Can't Be More Risky. Just Reaches 52 Week Low

The stock of PFSweb, Inc. (NASDAQ:PFSW) hit a new 52-week low and has $6.26 target or 13.00% below today’s $7.20 share price. The 8 months bearish chart indicates high risk for the $134.64M company. The 1-year low was reported on Nov, 10 by Barchart.com. If the $6.26 price target is reached, the company will be worth $17.50M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 34,205 shares traded hands. PFSweb, Inc. (NASDAQ:PFSW) has declined 46.95% since April 8, 2016 and is downtrending. It has underperformed by 52.60% the S&P500.

Analysts await PFSweb, Inc. (NASDAQ:PFSW) to report earnings on November, 14. They expect $-0.04 earnings per share, up 80.95% or $0.17 from last year’s $-0.21 per share. After $-0.03 actual earnings per share reported by PFSweb, Inc. for the previous quarter, Wall Street now forecasts 33.33% negative EPS growth.

PFSweb, Inc. (NASDAQ:PFSW) Ratings Coverage

Out of 4 analysts covering PFSweb (NASDAQ:PFSW), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $19 is the highest target while $16 is the lowest. The $18.50 average target is 156.94% above today’s ($7.2) stock price. PFSweb has been the topic of 6 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Friday, April 15 by Wunderlich. The rating was initiated by Cowen & Co on Tuesday, August 9 with “Outperform”. The stock of PFSweb, Inc. (NASDAQ:PFSW) has “Buy” rating given on Thursday, January 21 by Canaccord Genuity. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, March 15. The company was downgraded on Tuesday, August 11 by Zacks.

According to Zacks Investment Research, “PFSWeb Inc. is an international provider of transaction management services for both traditional commerce and electronic commerce, or e-commerce, companies. The company provides a broad range of services, including order management, customer care services, billing services, information management and fulfillment and distribution services. The fulfillment and distribution services are conducted at the warehouses and include picking, packing and shipping the clients’ customer orders.”

Insitutional Activity: The institutional sentiment increased to 2.33 in Q2 2016. Its up 1.01, from 1.32 in 2016Q1. The ratio improved, as 8 funds sold all PFSweb, Inc. shares owned while 13 reduced positions. 22 funds bought stakes while 27 increased positions. They now own 13.21 million shares or 10.82% more from 11.92 million shares in 2016Q1.
Earnest Prtnrs Ltd Co holds 0% or 5,500 shares in its portfolio. New York State Common Retirement Fund reported 11,000 shares or 0% of all its holdings. Creative Planning last reported 31 shares in the company. Parametric Assocs Lc, a Washington-based fund reported 37,806 shares. Wells Fargo And Com Mn has invested 0% of its portfolio in PFSweb, Inc. (NASDAQ:PFSW). The Illinois-based Northern Corp has invested 0% in PFSweb, Inc. (NASDAQ:PFSW). D E Shaw And holds 17,839 shares or 0% of its portfolio. Walleye Trading Limited Liability has invested 0% of its portfolio in PFSweb, Inc. (NASDAQ:PFSW). State Bank Of Montreal Can has invested 0% of its portfolio in PFSweb, Inc. (NASDAQ:PFSW). Schwab Charles Investment Management Incorporated holds 0% of its portfolio in PFSweb, Inc. (NASDAQ:PFSW) for 18,923 shares. Wedge Capital Mngmt L Lp Nc holds 0.5% or 1.38 million shares in its portfolio. National Bank Of America De accumulated 2,575 shares or 0% of the stock. Amer Intll Grp Incorporated Inc holds 0% of its portfolio in PFSweb, Inc. (NASDAQ:PFSW) for 8,455 shares. Acadian Asset Mngmt Llc accumulated 31,195 shares or 0% of the stock. Tower Research Limited Co (Trc) owns 920 shares or 0% of their US portfolio.

Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 4 sales for $722,596 net activity. $20,242 worth of PFSweb, Inc. (NASDAQ:PFSW) was sold by BEATSON DAVID I on Tuesday, August 16. $114,931 worth of PFSweb, Inc. (NASDAQ:PFSW) was sold by Stephan Steven. Another trade for 17,777 shares valued at $231,812 was sold by WILLOUGHBY MICHAEL C.

PFSW Company Profile

PFSWEB, Inc., incorporated on June 28, 1999, is a global well-known 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. The Firm operates through two divisions: PFSweb, and Business and Retail Connect. PFSweb is a global well-known provider of various infrastructure, technology and digital agency solutions and operates as a service fee business. In the Business and Retail Connect segment, subsidiaries of the Company purchase inventory from clients and resell the inventory to client customers. The Company’s solutions support direct-to-consumer (DTC), business-to-business (B2B) and retail sales channels.

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