Media coverage about P.A.M. Transportation Services (NASDAQ:PTSI) has trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. P.A.M. Transportation Services earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 45.0736752475061 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of analysts recently issued reports on the company. Zacks Investment Research downgraded P.A.M. Transportation Services from a “strong-buy” rating to a “hold” rating in a research report on Saturday, January 6th. Stifel Nicolaus reaffirmed a “hold” rating on shares of P.A.M. Transportation Services in a research report on Sunday, October 1st. Finally, ValuEngine downgraded P.A.M. Transportation Services from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th.
P.A.M. Transportation Services (NASDAQ:PTSI) traded down $0.80 during trading on Friday, reaching $36.06. The company had a trading volume of 24,981 shares, compared to its average volume of 13,305. P.A.M. Transportation Services has a fifty-two week low of $14.50 and a fifty-two week high of $43.20. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.96 and a quick ratio of 0.95. The company has a market capitalization of $227.29, a PE ratio of 28.62 and a beta of 1.15.
P.A.M. Transportation Services (NASDAQ:PTSI) last posted its quarterly earnings results on Monday, October 23rd. The transportation company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.28. P.A.M. Transportation Services had a return on equity of 8.38% and a net margin of 1.85%. The business had revenue of $108.90 million during the quarter, compared to analysts’ expectations of $108.20 million.
P.A.M. Transportation Services declared that its board has approved a share repurchase program on Tuesday, October 10th that allows the company to buyback 400,000 shares. This buyback authorization allows the transportation company to reacquire shares of its stock through a dutch auction. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.
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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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