Wall Street brokerages expect PFSweb, Inc. (NASDAQ:PFSW) to announce $75.93 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for PFSweb’s earnings, with the lowest sales estimate coming in at $73.45 million and the highest estimate coming in at $78.41 million. PFSweb reported sales of $77.32 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 1.8%. The business is expected to report its next earnings report on Wednesday, November 14th.

According to Zacks, analysts expect that PFSweb will report full-year sales of $332.91 million for the current fiscal year, with estimates ranging from $330.96 million to $334.85 million. For the next fiscal year, analysts forecast that the company will post sales of $344.86 million, with estimates ranging from $334.09 million to $355.63 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that that provide coverage for PFSweb.

PFSweb (NASDAQ:PFSW) last announced its earnings results on Thursday, August 9th. The business services provider reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.11. The company had revenue of $77.05 million for the quarter, compared to analyst estimates of $74.68 million. PFSweb had a return on equity of 14.43% and a net margin of 0.65%.

PFSW has been the topic of a number of recent analyst reports. Zacks Investment Research lowered PFSweb from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 12th. ValuEngine lowered PFSweb from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. Finally, Needham & Company LLC began coverage on PFSweb in a research report on Wednesday, July 18th. They set a “buy” rating and a $12.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $9.80.

Several hedge funds have recently modified their holdings of PFSW. BlackRock Inc. grew its holdings in shares of PFSweb by 205.4% during the second quarter. BlackRock Inc. now owns 1,031,050 shares of the business services provider’s stock valued at $10,022,000 after buying an additional 693,474 shares in the last quarter. Northern Trust Corp grew its holdings in shares of PFSweb by 428.2% during the second quarter. Northern Trust Corp now owns 165,712 shares of the business services provider’s stock valued at $1,611,000 after buying an additional 134,340 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of PFSweb by 20.8% during the second quarter. Renaissance Technologies LLC now owns 641,139 shares of the business services provider’s stock valued at $6,232,000 after buying an additional 110,388 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of PFSweb by 895.2% during the second quarter. Acadian Asset Management LLC now owns 82,755 shares of the business services provider’s stock valued at $804,000 after buying an additional 74,440 shares in the last quarter. Finally, EAM Investors LLC purchased a new position in shares of PFSweb during the second quarter valued at $671,000. Institutional investors and hedge funds own 63.32% of the company’s stock.

Shares of PFSweb stock traded down $0.01 on Thursday, reaching $7.06. 22,658 shares of the company were exchanged, compared to its average volume of 32,916. The firm has a market capitalization of $135.96 million, a PE ratio of 35.30 and a beta of 0.44. The company has a quick ratio of 1.21, a current ratio of 1.30 and a debt-to-equity ratio of 0.95. PFSweb has a fifty-two week low of $5.90 and a fifty-two week high of $11.86.

PFSweb Company Profile

PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, PFSweb, and Business and Retail Connect. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and strategy, design, and digital marketing services, such as digital strategy, design, user experience, interactive development, SEO and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.

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