PFSweb (PFSW) Gets a Buy Rating from Needham

By Carrie Williams

Needham analyst Ryan MacDonald reiterated a Buy rating on PFSweb (PFSWResearch Report) today and set a price target of $5.00. The company’s shares closed last Monday at $3.40.

According to TipRanks.com, MacDonald is a 5-star analyst with an average return of 15.0% and a 64.4% success rate. MacDonald covers the Technology sector, focusing on stocks such as Verint Systems, ChannelAdvisor, and Coupa Software.

Currently, the analyst consensus on PFSweb is a Moderate Buy with an average price target of $4.75, implying a 40.1% upside from current levels. In a report issued on November 5, B.Riley FBR also reiterated a Buy rating on the stock with a $4.50 price target.

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PFSweb’s market cap is currently $63.15M and has a P/E ratio of 157.77. The company has a Price to Book ratio of 1.38.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PFSW in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

PFSweb, Inc. engages in the provision of global commerce solutions. It operates through the LiveArea Professional Services, and PFS Operations.