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NASDAQ:PAL

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

$7.65 -0.03 (-0.39%)
(As of 12/20/2024 05:31 PM ET)

About Proficient Auto Logistics Stock (NASDAQ:PAL)

Key Stats

Today's Range
$7.24
$7.76
50-Day Range
$7.65
$13.94
52-Week Range
$7.24
$21.01
Volume
396,075 shs
Average Volume
256,107 shs
Market Capitalization
$206.78 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.33
Consensus Rating
Buy

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.

Proficient Auto Logistics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
59th Percentile Overall Score

PAL MarketRank™: 

Proficient Auto Logistics scored higher than 59% of companies evaluated by MarketBeat, and ranked 76th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Proficient Auto Logistics' stock forecast and price target.
  • 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 1.53. PEG Ratios above 1 indicate that a company could be overvalued.

  • Percentage of Shares Shorted

    5.64% 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 3.4, 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 18.00%, indicating that investor sentiment is decreasing significantly.
  • 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.

  • Percentage of Shares Shorted

    5.64% 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 3.4, 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 18.00%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Proficient Auto Logistics has a news sentiment score of 0.60. 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 news sentiment score is similar to the average news sentiment of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Proficient Auto Logistics this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for PAL on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • 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.

  • Read more about Proficient Auto Logistics' insider trading history.
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PAL Stock News Headlines

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It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…
Proficient Auto Logistics Inc
Proficient Auto Logistics, Inc. (PAL)
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PAL Stock Analysis - Frequently Asked Questions

Proficient Auto Logistics' stock was trading at $14.78 on January 1st, 2024. Since then, PAL stock has decreased by 48.2% and is now trading at $7.65.
View the best growth stocks for 2024 here
.

Proficient Auto Logistics, Inc. (NASDAQ:PAL) issued its quarterly earnings data on Friday, November, 8th. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. The company's revenue was down 12.5% on a year-over-year basis.

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.

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

Proficient Auto Logistics' top institutional investors include FMR LLC (15.00%), De Lisle Partners LLP (2.15%), Lord Abbett & CO. LLC (1.85%) and Emerald Mutual Fund Advisers Trust (1.77%).
View institutional ownership trends
.

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.

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
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
Transportation
Current Symbol
NASDAQ:PAL
Previous Symbol
NASDAQ:PAL
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
+126.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$135.76 million

Miscellaneous

Free Float
26,760,000
Market Cap
$206.78 million
Optionable
N/A
Beta
N/A
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This page (NASDAQ:PAL) was last updated on 12/21/2024 by MarketBeat.com Staff
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