Pangaea Logistics Solutions (PANL) Stock Price, News & Analysis

Company Overview

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company's ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.

Key Stats

• Today's Range: $4.85 to $5.00
• 50-Day Range: $4.84 to $6.77
• 52-Week Range: $4.82 to $9.52
• Volume: 186,290 shs
• Average Volume: 212,200 shs
• Market Capitalization: $229.82 million
• P/E Ratio: 10.43
• Dividend Yield: 8.16%
• Price Target: $10.25
• Consensus Rating: Buy

Pangaea Logistics Solutions Stock Analysis - MarketRank™

Pangaea Logistics Solutions scored higher than 88% of companies evaluated by MarketBeat, and ranked 33rd out of 128 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Pangaea Logistics Solutions has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pangaea Logistics Solutions has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 7.94%

Earnings Growth

Earnings for Pangaea Logistics Solutions are expected to grow by 7.94% in the coming year, from $0.63 to $0.68 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pangaea Logistics Solutions is 10.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.08.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pangaea Logistics Solutions is 10.38, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.23.

Price to Book Value per Share Ratio

Pangaea Logistics Solutions has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.18% of the float of Pangaea Logistics Solutions has been sold short.

Short Interest Ratio / Days to Cover

Pangaea Logistics Solutions has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pangaea Logistics Solutions has recently increased by 48.20%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Pangaea Logistics Solutions is a leading dividend payer. It pays a dividend yield of 8.26%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Pangaea Logistics Solutions does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Pangaea Logistics Solutions is 85.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Pangaea Logistics Solutions will have a dividend payout ratio of 58.82% next year. This indicates that Pangaea Logistics Solutions will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.18% of the float of Pangaea Logistics Solutions has been sold short.

Short Interest Ratio / Days to Cover

Pangaea Logistics Solutions has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pangaea Logistics Solutions has recently increased by 48.20%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.07

News Sentiment

Pangaea Logistics Solutions has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Pangaea Logistics Solutions this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for PANL on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

MarketBeat Follows

3 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Pangaea Logistics Solutions insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.65% of the stock of Pangaea Logistics Solutions is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

60.23% of the stock of Pangaea Logistics Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PANL Stock Analysis - Frequently Asked Questions

How have PANL shares performed this year?

Pangaea Logistics Solutions' stock was trading at $8.24 at the beginning of 2024. Since then, PANL stock has decreased by 40.8% and is now trading at $4.88.
View the best growth stocks for 2024 here.

How were Pangaea Logistics Solutions' earnings last quarter?

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) released its earnings results on Thursday, August, 8th. The shipping company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.15 by $0.05. The shipping company had revenue of $131.50 million for the quarter, compared to analysts' expectations of $98.09 million. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 7.88% and a net margin of 4.14%.

Who are Pangaea Logistics Solutions' major shareholders?

Top institutional investors of Pangaea Logistics Solutions include Wellington Management Group LLP (3.18%), Geode Capital Management LLC (1.79%), Royce & Associates LP (1.65%) and State Street Corp (1.23%).
View institutional ownership trends.

How do I buy shares of Pangaea Logistics Solutions?

Shares of PANL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Pangaea Logistics Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pangaea Logistics Solutions investors own include Scilex (SCLX), Rigetti Computing (RGTI), NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET) and Novo Nordisk A/S (NVO).

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 12/13 Dividend: 11/29/2024
• Dividend Payable: 12/13/2024
• Today: 12/26/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:PANL
• CUSIP: N/A
• CIK: 1005284
• Web: www.pangaeals.com
• Phone: (401) 846-7790
• Fax: 401-846-1520
• Employees: 570
• Year Founded: 2008

Price Target and Rating

• Average Stock Price Target: $10.25
• High Stock Price Target: $10.25
• Low Stock Price Target: $10.25
• Potential Upside/Downside: +104.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.47
• Trailing P/E Ratio: 10.66
• Forward P/E Ratio: 7.95
• P/E Growth: N/A
• Net Income: $26.32 million
• Net Margins: 4.14%
• Pretax Margin: 4.78%
• Return on Equity: 7.88%
• Return on Assets: 4.16%

Debt

• Debt-to-Equity Ratio: 0.72
• Current Ratio: 2.05
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: $521.24 million
• Price / Sales: 0.45
• Cash Flow: $1.26 per share
• Price / Cash Flow: 3.97
• Book Value: $7.97 per share
• Price / Book: 0.63

Miscellaneous

• Outstanding Shares: 46,902,000
• Free Float: 35,932,000
• Market Cap: $234.98 million
• Optionable: Optionable
• Beta: 0.84