Proficient Auto Logistics (PAL) Stock Price, News & Analysis

Company Overview

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. It serves auto companies, electric vehicle producers, auto dealers, auto auctions, rental car companies, and auto leasing companies. The company was formerly known as AH Acquisition Corp. and changed its name to Proficient Auto Logistics, Inc. in October 2023. The company was incorporated in 2023 and is based in Jacksonville, Florida.

Key Stats

• Today's Range: $9.31 to $9.81
• 50-Day Range: $8.19 to $17.29
• 52-Week Range: $8.06 to $21.01
• Volume: 163,743 shs
• Average Volume: 296,708 shs
• Market Capitalization: $253.81 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.33
• Consensus Rating: Buy

Proficient Auto Logistics Stock Analysis - MarketRank™

Proficient Auto Logistics scored higher than 77% of companies evaluated by MarketBeat, and ranked 57th out of 127 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

Proficient Auto Logistics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Proficient Auto Logistics has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 25.00%

Earnings Growth

Earnings for Proficient Auto Logistics are expected to grow by 25.00% in the coming year, from $0.40 to $0.50 per share.

Price to Earnings Growth Ratio

Proficient Auto Logistics has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Proficient Auto Logistics has a P/B Ratio of 0.75. 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

4.00% of the float of Proficient Auto Logistics has been sold short.

Short Interest Ratio / Days to Cover

Proficient Auto Logistics has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Proficient Auto Logistics has recently increased by 56.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Proficient Auto Logistics does not currently pay a dividend.

Dividend Growth

Proficient Auto Logistics does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

4.00% of the float of Proficient Auto Logistics has been sold short.

Short Interest Ratio / Days to Cover

Proficient Auto Logistics has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Proficient Auto Logistics has recently increased by 56.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.70

News Sentiment

Proficient Auto Logistics has a news sentiment score of 0.70. 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 higher news sentiment than the 0.57 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Proficient Auto Logistics this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for PAL on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

2 people have added Proficient Auto Logistics to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Proficient Auto Logistics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $496,800.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Proficient Auto Logistics is held by insiders.

PAL Stock Analysis - Frequently Asked Questions

How have PAL shares performed this year?

Proficient Auto Logistics' stock was trading at $14.78 at the beginning of the year. Since then, PAL shares have decreased by 36.5% and is now trading at $9.39.
View the best growth stocks for 2024 here.

How were Proficient Auto Logistics' earnings last quarter?

Proficient Auto Logistics, Inc. (NASDAQ:PAL) released its quarterly earnings results on Friday, November, 8th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. The business's quarterly revenue was down 12.5% compared to the same quarter last year.

When did Proficient Auto Logistics IPO?

Proficient Auto Logistics (PAL) raised $215 million in an initial public offering (IPO) on Thursday, May 9th 2024. The company issued 14,333,333 shares at a price of $15.00 per share.

When did Proficient Auto Logistics' lock-up period expire?

Proficient Auto Logistics' lock-up period expired on Tuesday, November 5th. Proficient Auto Logistics had issued 14,333,333 shares in its IPO on May 9th. The total size of the offering was $214,999,995 based on an initial share price of $15.00. Since the expiration of Proficient Auto Logistics' lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Proficient Auto Logistics' major shareholders?

Top institutional investors of Proficient Auto Logistics include FMR LLC (15.00%), De Lisle Partners LLP (2.15%), Emerald Mutual Fund Advisers Trust (1.77%) and Geode Capital Management LLC (1.34%).
View institutional ownership trends.

How do I buy shares of Proficient Auto Logistics?

Shares of PAL 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 Proficient Auto Logistics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Proficient Auto Logistics investors own include Alpha Metallurgical Resources (AMR), Arch Resources (ARCH), Global X Copper Miners ETF (COPX), Hims & Hers Health (HIMS), Karuna Therapeutics (KRTX), Longboard Pharmaceuticals (LBPH) and Navios Maritime Partners (NMM).

Company Calendar

• Last Earnings: 11/08/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/14/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Transportation services
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:PAL
• Previous Symbol: NASDAQ:PAL
• CUSIP: N/A
• CIK: 1998768
• Web: www.proficientautologistics.com
• Phone: 904-772-1175
• Fax: N/A
• Employees: 601
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.33
• High Stock Price Target: $19.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +84.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 18.41
• P/E Growth: 1.25
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 1.25
• Quick Ratio: 1.25

Sales & Book Value

• Annual Sales: $135.76 million
• Price / Sales: 1.87
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 27,030,000
• Free Float: N/A
• Market Cap: $253.81 million
• Optionable: N/A
• Beta: N/A