Pamt (NASDAQ:PAMT - Get Free Report) had its price target reduced by equities research analysts at Stephens from $19.00 to $16.50 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has an "equal weight" rating on the stock. Stephens' price target suggests a potential upside of 27.61% from the company's previous close.
Pamt Stock Down 4.6 %
Shares of NASDAQ PAMT traded down $0.63 during midday trading on Tuesday, hitting $12.93. The company had a trading volume of 14,192 shares, compared to its average volume of 18,259. The stock has a market capitalization of $281.62 million, a price-to-earnings ratio of -8.86 and a beta of 1.22. Pamt has a twelve month low of $12.76 and a twelve month high of $23.70. The company has a quick ratio of 1.78, a current ratio of 1.80 and a debt-to-equity ratio of 0.74.
Pamt (NASDAQ:PAMT - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported ($0.36) earnings per share for the quarter. Pamt had a negative net margin of 4.45% and a negative return on equity of 2.58%. Equities research analysts anticipate that Pamt will post 0.85 EPS for the current fiscal year.
Pamt Company Profile
(
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PAMT Corp. is a holding company, which engages in the provision of truckload and logistics services through its subsidiaries. Its freight consists primarily of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units.
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