P.A.M. Transportation Services (NASDAQ:PTSI) Announces Earnings Results, Beats Estimates By $1.33 EPS

P.A.M. Transportation Services (NASDAQ:PTSI) released its earnings results on Tuesday. The transportation company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $1.33, Fidelity Earnings reports. P.A.M. Transportation Services had a positive return on equity of 7.90% and a negative net margin of 2.09%.

NASDAQ PTSI traded down $3.88 during trading hours on Thursday, hitting $57.90. 300 shares of the company’s stock traded hands, compared to its average volume of 14,731. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $332.00 million, a P/E ratio of -34.12 and a beta of 1.65. P.A.M. Transportation Services has a 52 week low of $22.00 and a 52 week high of $64.00. The business’s fifty day moving average price is $47.85 and its two-hundred day moving average price is $40.86.

Separately, Zacks Investment Research upgraded shares of P.A.M. Transportation Services from a “hold” rating to a “strong-buy” rating and set a $44.00 price objective on the stock in a research report on Friday, October 30th.

About P.A.M. Transportation Services

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 is involved in the transportation of general commodities. Its freight primarily consists of automotive parts; expedited goods; consumer goods, including general retail store merchandise; and manufactured goods, such as heating and air conditioning units.

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Earnings History for P.A.M. Transportation Services (NASDAQ:PTSI)

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