Proficient Auto Logistics (NASDAQ:PAL - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect Proficient Auto Logistics to post earnings of $0.10 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Proficient Auto Logistics (NASDAQ:PAL - Get Free Report) last announced its quarterly earnings data on Friday, August 9th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.20 by $0.08. The firm had revenue of $106.61 million for the quarter, compared to the consensus estimate of $101.69 million. The business's revenue for the quarter was up 5.8% on a year-over-year basis. On average, analysts expect Proficient Auto Logistics to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Proficient Auto Logistics Stock Up 1.7 %
Shares of PAL stock traded up $0.14 on Friday, hitting $8.33. 166,878 shares of the stock traded hands, compared to its average volume of 262,374. Proficient Auto Logistics has a 52 week low of $8.06 and a 52 week high of $21.01. The business has a 50 day moving average price of $14.64. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.36 and a quick ratio of 1.36.
Insider Transactions at Proficient Auto Logistics
In other Proficient Auto Logistics news, Director James B. Gattoni bought 20,000 shares of Proficient Auto Logistics stock in a transaction dated Tuesday, August 20th. The shares were purchased at an average cost of $18.98 per share, for a total transaction of $379,600.00. Following the acquisition, the director now directly owns 20,000 shares in the company, valued at approximately $379,600. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 1.00% of the company's stock.
Analyst Ratings Changes
A number of analysts have issued reports on the stock. Raymond James reduced their price target on shares of Proficient Auto Logistics from $21.00 to $19.00 and set an "outperform" rating on the stock in a report on Monday, October 14th. Stifel Nicolaus reduced their price target on shares of Proficient Auto Logistics from $21.00 to $18.00 and set a "buy" rating on the stock in a report on Thursday, October 17th. Finally, Barrington Research reduced their price target on shares of Proficient Auto Logistics from $22.00 to $17.00 and set an "outperform" rating on the stock in a report on Thursday, October 17th.
Read Our Latest Analysis on PAL
About Proficient Auto Logistics
(
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.
Read More
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 likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.