Proficient Auto Logistics (NASDAQ:PAL - Get Free Report) issued its earnings results on Thursday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.30), Briefing.com reports. The firm had revenue of $95.60 million during the quarter, compared to analyst estimates of $88.91 million. The firm's revenue was down 6.5% compared to the same quarter last year.
Proficient Auto Logistics Trading Up 1.9 %
PAL traded up $0.30 during mid-day trading on Friday, reaching $15.91. The stock had a trading volume of 1,327,071 shares, compared to its average volume of 204,609. Proficient Auto Logistics has a 52 week low of $14.50 and a 52 week high of $16.53.
Analyst Ratings Changes
A number of brokerages have recently issued reports on PAL. Stifel Nicolaus started coverage on Proficient Auto Logistics in a report on Monday, June 3rd. They issued a "buy" rating and a $19.00 target price for the company. Raymond James started coverage on Proficient Auto Logistics in a research report on Monday, June 3rd. They set an "outperform" rating and a $18.00 price target on the stock. Finally, William Blair started coverage on Proficient Auto Logistics in a research report on Monday, June 3rd. They set an "outperform" rating on the stock.
Get Our Latest Stock Analysis on Proficient Auto Logistics
Proficient Auto Logistics Company Profile
(
Get Free Report)
Proficient Auto Logistics, Inc focuses on providing auto transportation and logistics services in North America. It primarily focuses on transporting and delivering finished vehicles from automotive production facilities, ports of entry, and rail yards to a network of automotive dealerships. The company operates approximately 1,130 auto transport vehicles and trailers, including 615 company-owned transport vehicles and trailers.
See Also
Before you consider Proficient Auto Logistics, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Proficient Auto Logistics wasn't on the list.
While Proficient Auto Logistics currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
