Shares of P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.
Analysts have set a 12-month consensus target price of $58.00 for the company and are anticipating that the company will post $1.35 EPS for the current quarter, according to Zacks. Zacks has also assigned P.A.M. Transportation Services an industry rank of 156 out of 256 based on the ratings given to related companies.
Several research analysts recently weighed in on PTSI shares. BidaskClub raised shares of P.A.M. Transportation Services from a “strong sell” rating to a “sell” rating in a research note on Thursday, April 4th. ValuEngine raised shares of P.A.M. Transportation Services from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Finally, Stifel Nicolaus started coverage on shares of P.A.M. Transportation Services in a research note on Tuesday, April 23rd. They set a “hold” rating and a $58.00 price objective on the stock.
Institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its stake in P.A.M. Transportation Services by 0.4% in the first quarter. Renaissance Technologies LLC now owns 397,474 shares of the transportation company’s stock valued at $19,452,000 after buying an additional 1,400 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in P.A.M. Transportation Services by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 395,212 shares of the transportation company’s stock valued at $19,341,000 after buying an additional 5,886 shares in the last quarter. Pacific Ridge Capital Partners LLC lifted its stake in P.A.M. Transportation Services by 16.7% in the first quarter. Pacific Ridge Capital Partners LLC now owns 131,867 shares of the transportation company’s stock valued at $6,454,000 after buying an additional 18,850 shares in the last quarter. Vanguard Group Inc. lifted its stake in P.A.M. Transportation Services by 8.6% in the third quarter. Vanguard Group Inc. now owns 125,513 shares of the transportation company’s stock valued at $8,170,000 after buying an additional 9,948 shares in the last quarter. Finally, Vanguard Group Inc lifted its stake in P.A.M. Transportation Services by 8.6% in the third quarter. Vanguard Group Inc now owns 125,513 shares of the transportation company’s stock valued at $8,170,000 after buying an additional 9,948 shares in the last quarter. 26.43% of the stock is currently owned by institutional investors and hedge funds.
Shares of NASDAQ:PTSI remained flat at $$59.57 during trading on Friday. 1,647 shares of the stock traded hands, compared to its average volume of 3,586. P.A.M. Transportation Services has a 12 month low of $34.31 and a 12 month high of $70.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.07 and a current ratio of 1.08. The firm has a market cap of $352.65 million, a PE ratio of 12.92 and a beta of 1.51.
P.A.M. Transportation Services (NASDAQ:PTSI) last issued its quarterly earnings results on Monday, April 15th. The transportation company reported $0.99 EPS for the quarter. P.A.M. Transportation Services had a net margin of 5.70% and a return on equity of 23.54%. The company had revenue of $128.69 million during the quarter. On average, sell-side analysts anticipate that P.A.M. Transportation Services will post 5.44 EPS for the current year.
About P.A.M. Transportation Services
P.A.M. Transportation Services, Inc, through its subsidiaries, operates as a truckload transportation and logistics company in the United States, Mexico, and Canada. The company is involved in the transportation of general commodities. Its freight primarily consists of automotive parts; expedited goods; consumer goods, including general retail store merchandise; and manufactured goods, such as heating and air conditioning units.
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