Proficient Auto Logistics (PAL) Scheduled to Post Earnings on Friday

Proficient Auto Logistics (NASDAQ:PAL) will release its earnings data before the market opens on Friday, November 8th. Analysts expect Proficient Auto Logistics to post earnings of $0.10 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Proficient Auto Logistics (NASDAQ:PAL) last posted its earnings results on Friday, August 9th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.08. The firm had revenue of $106.61 million for the quarter, compared to analysts’ expectations of $101.69 million. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. On average, analysts expect Proficient Auto Logistics to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Proficient Auto Logistics Trading Down 1.8 %

PAL opened at $8.19 on Friday. The business’s fifty day moving average price is $14.64. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.10. Proficient Auto Logistics has a one year low of $8.06 and a one year high of $21.01.

Insider Activity

In related news, Director James B. Gattoni bought 20,000 shares of the stock in a transaction dated Tuesday, August 20th. The stock was acquired at an average price of $18.98 per share, for a total transaction of $379,600.00. Following the completion of the purchase, the director now owns 20,000 shares in the company, valued at $379,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

PAL has been the topic of several recent research reports. Stifel Nicolaus reduced their price objective on Proficient Auto Logistics from $21.00 to $18.00 and set a “buy” rating on the stock in a research report on Thursday, October 17th. Raymond James reduced their price objective on Proficient Auto Logistics from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday, October 14th. Finally, Barrington Research reduced their target price on Proficient Auto Logistics from $22.00 to $17.00 and set an “outperform” rating on the stock in a research report on Thursday, October 17th.

Proficient Auto Logistics Company Profile

Proficient Auto Logistics, Inc focuses on providing auto transportation and logistics services in North America. It primarily focuses on transporting and delivering finished vehicles from automotive production facilities, ports of entry, and rail yards to a network of automotive dealerships. The company operates approximately 1,130 auto transport vehicles and trailers, including 615 company-owned transport vehicles and trailers.