P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) has earned an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Brokers have set a 12-month consensus target price of $17.00 for the company and are anticipating that the company will post $0.26 earnings per share for the current quarter, according to Zacks. Zacks has also given P.A.M. Transportation Services an industry rank of 105 out of 265 based on the ratings given to related companies.

A number of research analysts have recently weighed in on PTSI shares. Zacks Investment Research raised shares of P.A.M. Transportation Services from a “sell” rating to a “hold” rating in a research note on Saturday, May 6th. ValuEngine cut shares of P.A.M. Transportation Services from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Stifel Nicolaus reissued a “hold” rating and set a $17.00 price objective on shares of P.A.M. Transportation Services in a research note on Thursday, August 3rd.

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Several hedge funds and other institutional investors have recently modified their holdings of PTSI. State Street Corp boosted its stake in P.A.M. Transportation Services by 1.1% in the fourth quarter. State Street Corp now owns 69,626 shares of the transportation company’s stock valued at $1,809,000 after buying an additional 729 shares during the last quarter. LSV Asset Management boosted its stake in P.A.M. Transportation Services by 48.6% in the first quarter. LSV Asset Management now owns 96,981 shares of the transportation company’s stock valued at $1,579,000 after buying an additional 31,722 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in P.A.M. Transportation Services by 1.7% in the first quarter. Bank of New York Mellon Corp now owns 20,698 shares of the transportation company’s stock valued at $338,000 after buying an additional 349 shares during the last quarter. Pacific Ridge Capital Partners LLC boosted its stake in P.A.M. Transportation Services by 36.5% in the first quarter. Pacific Ridge Capital Partners LLC now owns 144,141 shares of the transportation company’s stock valued at $2,348,000 after buying an additional 38,554 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in P.A.M. Transportation Services by 2.6% in the first quarter. Dimensional Fund Advisors LP now owns 345,758 shares of the transportation company’s stock valued at $5,633,000 after buying an additional 8,821 shares during the last quarter. 24.97% of the stock is owned by institutional investors and hedge funds.

Shares of P.A.M. Transportation Services (PTSI) traded up 3.24% on Friday, hitting $20.40. The stock had a trading volume of 15,576 shares. The company’s 50 day moving average is $18.02 and its 200 day moving average is $17.68. P.A.M. Transportation Services has a one year low of $14.50 and a one year high of $28.43. The stock has a market cap of $129.38 million, a PE ratio of 16.20 and a beta of 1.01.

About P.A.M. Transportation Services

P.A.M. Transportation Services, Inc is a holding company. The Company, through its subsidiaries, operates as a truckload transportation and logistics company. It operates in the motor carrier segment. It operates as a truckload dry van carrier transporting general commodities throughout the continental United States, as well as in certain Canadian provinces.

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