P.A.M. Transportation Services (NASDAQ:PTSI) Issues Earnings Results

P.A.M. Transportation Services (NASDAQ:PTSI) released its earnings results on Monday. The transportation company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.31, Fidelity Earnings reports. P.A.M. Transportation Services had a net margin of 5.97% and a return on equity of 24.66%. The company had revenue of $133.00 million for the quarter, compared to the consensus estimate of $138.10 million.

P.A.M. Transportation Services stock opened at $57.60 on Thursday. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.00. P.A.M. Transportation Services has a 1 year low of $34.31 and a 1 year high of $70.00. The firm has a market cap of $347.98 million, a P/E ratio of 10.19 and a beta of 1.49. The company’s 50-day simple moving average is $58.31.

A number of research firms have issued reports on PTSI. BidaskClub downgraded shares of Vertex Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Tuesday, July 9th. ValuEngine downgraded shares of Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Finally, Stifel Nicolaus set a $170.00 target price on shares of Union Pacific and gave the company a “hold” rating in a research report on Tuesday, April 23rd.

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 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.

Read More: Price to Earnings Ratio (PE)

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

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