P.A.M. Transportation Services (NASDAQ:PTSI) Price Target Lowered to $17.00 at Stephens

P.A.M. Transportation Services (NASDAQ:PTSI) had its target price decreased by Stephens from $19.00 to $17.00 in a research report report published on Friday morning, Benzinga reports. Stephens currently has an equal weight rating on the transportation company’s stock.

PTSI has been the subject of a number of other reports. TheStreet cut P.A.M. Transportation Services from a b- rating to a c+ rating in a research note on Thursday, February 1st. StockNews.com upgraded P.A.M. Transportation Services from a hold rating to a buy rating in a research note on Saturday, February 24th.

P.A.M. Transportation Services Stock Down 0.1 %

Shares of PTSI opened at $13.96 on Friday. P.A.M. Transportation Services has a 52 week low of $13.64 and a 52 week high of $28.77. The stock has a market capitalization of $307.54 million, a price-to-earnings ratio of 22.89 and a beta of 1.10. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.81 and a current ratio of 1.83. The stock has a fifty day moving average of $16.55 and a 200-day moving average of $18.67.

P.A.M. Transportation Services (NASDAQ:PTSI) last announced its quarterly earnings results on Thursday, February 1st. The transportation company reported ($0.10) EPS for the quarter. P.A.M. Transportation Services had a net margin of 1.75% and a return on equity of 4.29%. The firm had revenue of $180.17 million during the quarter.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Pacific Ridge Capital Partners LLC raised its position in P.A.M. Transportation Services by 8.5% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 129,326 shares of the transportation company’s stock worth $2,787,000 after purchasing an additional 10,096 shares during the last quarter. Denali Advisors LLC grew its holdings in P.A.M. Transportation Services by 10.5% during the 3rd quarter. Denali Advisors LLC now owns 22,100 shares of the transportation company’s stock worth $476,000 after acquiring an additional 2,100 shares during the period. Ameritas Investment Partners Inc. grew its holdings in P.A.M. Transportation Services by 100.0% during the 1st quarter. Ameritas Investment Partners Inc. now owns 748 shares of the transportation company’s stock worth $26,000 after acquiring an additional 374 shares during the period. Renaissance Technologies LLC grew its holdings in P.A.M. Transportation Services by 94.0% during the 1st quarter. Renaissance Technologies LLC now owns 1,245,808 shares of the transportation company’s stock worth $43,292,000 after acquiring an additional 603,798 shares during the period. Finally, Northern Trust Corp grew its holdings in P.A.M. Transportation Services by 8.5% during the 1st quarter. Northern Trust Corp now owns 43,304 shares of the transportation company’s stock worth $1,505,000 after acquiring an additional 3,392 shares during the period. 22.06% of the stock is owned by institutional investors.

P.A.M. Transportation Services Company Profile

P.A.M. Transportation Services, Inc, through its subsidiaries, operates as a truckload transportation and logistics company in the United States, Mexico, and Canada. The company operates a truckload dry van carrier that transports general commodities, such as automotive parts; expedited goods; consumer goods, such as general retail store merchandise; and manufactured goods, including heating and air conditioning units.