Stock Worth Watching: Does PFSweb, Inc. Have Any Gas After Touching 52 Week Low?

Stock Worth Watching: Does PFSweb, Inc. Have Any Gas After Touching 52 Week Low?

The stock of PFSweb, Inc. (NASDAQ:PFSW) hit a new 52-week low and has $7.69 target or 14.00% below today’s $8.94 share price. The 9 months bearish chart indicates high risk for the $165.70M company. The 1-year low was reported on Sep, 30 by Barchart.com. If the $7.69 price target is reached, the company will be worth $23.20 million 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 74,738 shares traded hands. PFSweb, Inc. (NASDAQ:PFSW) has declined 29.89% since February 26, 2016 and is downtrending. It has underperformed by 40.32% 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. PFSweb has been the topic of 6 analyst reports since August 11, 2015 according to StockzIntelligence Inc. As per Thursday, January 21, the company rating was initiated by Canaccord Genuity. Cowen & Co initiated PFSweb, Inc. (NASDAQ:PFSW) on Tuesday, August 9 with “Outperform” rating. The firm has “Buy” rating given on Tuesday, August 11 by Zacks. The company was maintained on Tuesday, March 15 by Canaccord Genuity. Wunderlich initiated PFSweb, Inc. (NASDAQ:PFSW) on Friday, April 15 with “Buy” rating.

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.
Timpani Capital Mngmt accumulated 0.68% or 168,819 shares. Blackrock Fund Advisors holds 0% or 383,264 shares in its portfolio. Moreover, Wedge Capital L L P Nc has 0.5% invested in PFSweb, Inc. (NASDAQ:PFSW) for 1.38 million shares. Acadian Asset last reported 31,195 shares in the company. New York State Common Retirement Fund holds 0% or 11,000 shares in its portfolio. State Street accumulated 0% or 173,031 shares. Teachers accumulated 21,158 shares or 0% of the stock. Manufacturers Life Com The reported 12,381 shares or 0% of all its holdings. Manatuck Hill Prtn Ltd Liability has invested 0.09% of its portfolio in PFSweb, Inc. (NASDAQ:PFSW). The New York-based Art Advsr Limited Company has invested 0.02% in PFSweb, Inc. (NASDAQ:PFSW). Credit Suisse Ag holds 0% of its portfolio in PFSweb, Inc. (NASDAQ:PFSW) for 20,445 shares. Blackrock Invest Ltd Liability last reported 0% of its portfolio in the stock. Parametric Associates Llc last reported 37,806 shares in the company. Highbridge Cap Management Limited Co last reported 0% of its portfolio in the stock. Moreover, Strs Ohio has 0% invested in PFSweb, Inc. (NASDAQ:PFSW) for 3,900 shares.

Insider Transactions: Since April 14, 2016, the stock had 0 insider purchases, and 4 selling transactions for $695,685 net activity. Another trade for 6,000 shares valued at $88,020 was sold by Johnson Elizabeth. On Tuesday, August 16 the insider BEATSON DAVID I sold $20,242. Shares for $231,812 were sold by WILLOUGHBY MICHAEL C. $355,611 worth of shares were sold by Stephan Steven on Wednesday, May 25.

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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