P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) has earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Analysts have set a 1-year consensus price objective of $18.00 for the company and are expecting that the company will post $0.16 EPS for the current quarter, according to Zacks. Zacks has also assigned P.A.M. Transportation Services an industry rank of 252 out of 265 based on the ratings given to its competitors.
PTSI has been the subject of several analyst reports. Zacks Investment Research downgraded P.A.M. Transportation Services from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 7th. Stifel Nicolaus downgraded P.A.M. Transportation Services from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $29.00 to $26.00 in a research note on Thursday, January 5th. They noted that the move was a valuation call.
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Several institutional investors have recently added to or reduced their stakes in PTSI. Russell Investments Group Ltd. acquired a new position in P.A.M. Transportation Services during the fourth quarter valued at about $485,000. Renaissance Technologies LLC raised its position in P.A.M. Transportation Services by 5.2% in the fourth quarter. Renaissance Technologies LLC now owns 363,900 shares of the transportation company’s stock valued at $9,454,000 after buying an additional 18,000 shares in the last quarter. Dimensional Fund Advisors LP raised its position in P.A.M. Transportation Services by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 336,937 shares of the transportation company’s stock valued at $8,754,000 after buying an additional 4,895 shares in the last quarter. State Street Corp raised its position in P.A.M. Transportation Services by 1.1% in the fourth quarter. State Street Corp now owns 69,626 shares of the transportation company’s stock valued at $1,809,000 after buying an additional 729 shares in the last quarter. Finally, Horrell Capital Management Inc. raised its position in P.A.M. Transportation Services by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 27,260 shares of the transportation company’s stock valued at $444,000 after buying an additional 100 shares in the last quarter. 28.69% of the stock is owned by institutional investors.
P.A.M. Transportation Services (NASDAQ:PTSI) traded up 3.24% during trading on Tuesday, reaching $15.30. The company’s stock had a trading volume of 30,401 shares. The stock has a market cap of $97.92 million, a price-to-earnings ratio of 9.16 and a beta of 0.88. P.A.M. Transportation Services has a 52-week low of $14.50 and a 52-week high of $28.43. The firm has a 50 day moving average price of $16.39 and a 200-day moving average price of $21.26.
P.A.M. Transportation Services (NASDAQ:PTSI) last posted its quarterly earnings results on Tuesday, February 7th. The transportation company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by $0.06. P.A.M. Transportation Services had a return on equity of 11.56% and a net margin of 2.56%. The firm had revenue of $108.35 million for the quarter, compared to analyst estimates of $105.70 million. On average, analysts expect that P.A.M. Transportation Services will post $1.05 earnings per share for the current year.
About P.A.M. Transportation Services
P.A.M. Transportation Services, Inc is a holding company. The Company, through its subsidiaries, operates as a truckload transportation and logistics company. It operates in the motor carrier segment. It operates as a truckload dry van carrier transporting general commodities throughout the continental United States, as well as in certain Canadian provinces.
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