Equities research analysts expect that PFSweb, Inc. (NASDAQ:PFSW) will announce sales of $77.13 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for PFSweb’s earnings, with the lowest sales estimate coming in at $75.77 million and the highest estimate coming in at $79.15 million. PFSweb posted sales of $77.20 million in the same quarter last year, which suggests a negative year-over-year growth rate of 0.1%. The firm is scheduled to report its next earnings results on Monday, August 14th.

According to Zacks, analysts expect that PFSweb will report full-year sales of $77.13 million for the current financial year, with estimates ranging from $329.63 million to $346.43 million. For the next fiscal year, analysts expect that the firm will post sales of $361.76 million per share, with estimates ranging from $356.49 million to $367.03 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow PFSweb.

A number of equities research analysts have recently weighed in on the stock. B. Riley restated a “buy” rating and issued a $15.00 price objective on shares of PFSweb in a report on Tuesday, March 14th. Canaccord Genuity lowered their price objective on shares of PFSweb from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, March 17th. Wunderlich lowered their price objective on shares of PFSweb from $19.00 to $10.50 and set a “buy” rating for the company in a report on Friday, March 17th. Finally, Zacks Investment Research lowered shares of PFSweb from a “hold” rating to a “sell” rating in a report on Thursday, March 23rd. Two investment analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. PFSweb has a consensus rating of “Hold” and an average price target of $12.79.

PFSweb (PFSW) opened at 7.27 on Friday. The firm’s market capitalization is $136.89 million. The firm has a 50-day moving average of $7.24 and a 200 day moving average of $7.53. PFSweb has a 12 month low of $5.83 and a 12 month high of $11.58.

In related news, Director James F. Reilly sold 4,255 shares of the company’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $6.95, for a total transaction of $29,572.25. Following the completion of the sale, the director now directly owns 26,383 shares in the company, valued at approximately $183,361.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Christopher Travis Hess sold 3,908 shares of the company’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $7.00, for a total transaction of $27,356.00. Following the sale, the insider now owns 1,017 shares of the company’s stock, valued at $7,119. The disclosure for this sale can be found here. Insiders have sold a total of 17,029 shares of company stock valued at $117,114 over the last quarter. 5.20% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of the stock. State Street Corp raised its stake in PFSweb by 5.9% in the fourth quarter. State Street Corp now owns 186,936 shares of the business services provider’s stock worth $1,590,000 after buying an additional 10,345 shares in the last quarter. Oxford Asset Management purchased a new stake in PFSweb during the fourth quarter worth approximately $151,000. Ancora Advisors LLC raised its stake in PFSweb by 162.5% in the fourth quarter. Ancora Advisors LLC now owns 55,326 shares of the business services provider’s stock worth $470,000 after buying an additional 34,247 shares in the last quarter. Teachers Advisors LLC raised its stake in PFSweb by 68.6% in the fourth quarter. Teachers Advisors LLC now owns 35,682 shares of the business services provider’s stock worth $303,000 after buying an additional 14,524 shares in the last quarter. Finally, Mesirow Financial Investment Management Equity Management raised its stake in PFSweb by 47.2% in the first quarter. Mesirow Financial Investment Management Equity Management now owns 32,950 shares of the business services provider’s stock worth $215,000 after buying an additional 10,570 shares in the last quarter. Institutional investors own 68.33% of the company’s stock.

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About PFSweb

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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