Stephens Reiterates “Equal Weight” Rating for Pamt (NASDAQ:PAMT)

Pamt (NASDAQ:PAMT)‘s stock had its “equal weight” rating reiterated by investment analysts at Stephens in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $19.00 price objective on the stock. Stephens’ price objective suggests a potential upside of 31.67% from the stock’s current price.

Pamt Stock Performance

Shares of PAMT stock opened at $14.43 on Wednesday. Pamt has a 1-year low of $13.51 and a 1-year high of $23.70. The firm has a market cap of $314.29 million, a P/E ratio of -131.18 and a beta of 1.22. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 0.74.

Pamt (NASDAQ:PAMT) last issued its quarterly earnings results on Tuesday, February 11th. The company reported ($0.36) earnings per share for the quarter. Pamt had a negative return on equity of 0.79% and a negative net margin of 0.34%. Sell-side analysts expect that Pamt will post 0.06 EPS for the current fiscal year.

About Pamt

PAMT CORP, 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. Its freight primarily consists of automotive parts; expedited goods; consumer goods, such as general retail store merchandise; and manufactured goods, including heating and air conditioning units.