Proficient Auto Logistics (NASDAQ:PAL) Stock Price Target Cut by Barrington Research

Proficient Auto Logistics (NASDAQ:PAL) had its target price dropped by equities researchers at Barrington Research from $12.00 to $9.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Barrington Research‘s price objective suggests a potential upside of 243.51% from the stock’s current price.

PAL has been the topic of several other research reports. Weiss Ratings lowered shares of Proficient Auto Logistics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. Raymond James Financial set a $9.00 target price on shares of Proficient Auto Logistics in a research report on Thursday, October 15th. Zacks Research lowered shares of Proficient Auto Logistics from a “hold” rating to a “strong sell” rating in a research note on Monday, October 12th. Stifel Nicolaus dropped their price target on shares of Proficient Auto Logistics from $10.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Wall Street Zen upgraded shares of Proficient Auto Logistics from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Two equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Proficient Auto Logistics presently has a consensus rating of “Hold” and a consensus price target of $9.00.

Proficient Auto Logistics Stock Down 14.4%

Shares of PAL traded down $0.44 during midday trading on Friday, reaching $2.62. 1,605,138 shares of the stock were exchanged, compared to its average volume of 590,359. Proficient Auto Logistics has a 12-month low of $2.35 and a 12-month high of $10.97. The firm has a 50 day simple moving average of $3.51 and a 200-day simple moving average of $6.00. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.17. The company has a market cap of $73.49 million, a price-to-earnings ratio of -1.59 and a beta of 1.44.

Proficient Auto Logistics (NASDAQ:PAL) last announced its quarterly earnings results on Thursday, November 12th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.41). The firm had revenue of $148.97 million for the quarter, compared to analyst estimates of $155.03 million. Proficient Auto Logistics had a negative net margin of 10.06% and a negative return on equity of 2.70%. Research analysts forecast that Proficient Auto Logistics will post -0.18 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Persistent Asset Partners Ltd acquired a new stake in Proficient Auto Logistics in the 2nd quarter worth approximately $49,000. Ieq Capital LLC bought a new stake in Proficient Auto Logistics during the second quarter worth approximately $122,000. Deutsche Bank AG acquired a new position in Proficient Auto Logistics during the second quarter valued at approximately $144,000. Bank of America Corp DE acquired a new position in Proficient Auto Logistics during the second quarter valued at approximately $145,000. Finally, Fifth Third Bancorp acquired a new position in Proficient Auto Logistics during the first quarter valued at approximately $167,000.

Key Headlines Impacting Proficient Auto Logistics

These are some of the PAL headlines that stood out recently:

• Positive Sentiment: Management raised its estimate of annual Hansen & Adkins integration synergies to $20 million–$30 million, from an initial $6 million–$10 million, and said integration remains on schedule for substantial completion by the end of Q1 2027. Q3 results and integration update
• Neutral Sentiment: Q3 revenue increased 30.3% to $149.0 million and total deliveries rose 38.6%, although the acquisition contributed to the growth. Barrington Research and Stifel Nicolaus both cut their price targets to $9 from $12 and $10, respectively, while retaining “outperform” and “buy” ratings. Q3 financial results
• Negative Sentiment: Profitability deteriorated: adjusted operating income fell to $0.3 million from $4.2 million, and the adjusted operating ratio worsened to 99.8% from 96.3%. PAL cited elevated costs and fuel-surcharge under-recovery; it ended the quarter with $140.6 million of senior secured debt and $11.8 million in cash. Q3 operating performance and balance sheet

Proficient Auto Logistics Company Profile

Proficient Auto Logistics is a vehicle transportation and logistics company that moves finished automobiles for manufacturers, dealerships, rental car companies and other customers. Its services include hauling vehicles on specialized car-carrier trucks and coordinating transportation through logistics operations. The company serves customers across the United States, combining regional auto-transport businesses into a broader network. Proficient Auto Logistics began operating as a public company in 2024 following a business combination with FAST Acquisition Corp. and the consolidation of several auto-transport companies.