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Can PFSweb (PFSW) Run Higher on Strong Earnings Estimate Revisions?

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PFSweb, Inc. is an international provider of transaction management services that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on PFSW’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that PFSweb could be a solid choice for investors.

Current Quarter Estimates for PFSW

In the past 30 days, 1 estimate have gone higher for PFSweb while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 13 cents a share 30 days ago, to 17 cents per share today, a move of 30.8%.

Current Year Estimates for PFSW

Meanwhile, PFSweb’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from a loss of 2 cents per share 30 days ago to a gain of 7 cents per share today.

PFSWEB INC Price and Consensus

 

PFSWEB INC Price and Consensus | PFSWEB INC Quote

Bottom Line

The stock has also started to move higher lately, adding 30.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

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