PAMT (NASDAQ:PAMT) Issues Quarterly Earnings Results

PAMT (NASDAQ:PAMT) released its quarterly earnings results on Tuesday. The company reported ($0.38) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $162.55 million for the quarter. PAMT had a negative net margin of 7.33% and a negative return on equity of 15.53%.

PAMT Stock Performance

Shares of PAMT stock opened at $12.38 on Thursday. The stock has a market capitalization of $259.26 million, a PE ratio of -5.79 and a beta of 0.99. The business’s 50 day simple moving average is $11.94 and its 200 day simple moving average is $11.92. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.32 and a quick ratio of 1.29. PAMT has a one year low of $7.15 and a one year high of $17.75.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Wall Street Zen raised shares of PAMT to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings lowered PAMT from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, PAMT presently has a consensus rating of “Sell”.

PAMT Company Profile

P.A.M. Transportation Services, Inc (NASDAQ: PAMT) is a transportation and logistics company that provides truckload freight services primarily in the United States. The company operates a fleet of tractors and trailers and transports general commodities, manufactured goods, automotive parts, and other products for commercial and industrial customers.

Its services include dedicated and irregular-route truckload transportation, expedited freight, logistics support, and freight brokerage.