Stephens Boosts Pamt (NASDAQ:PAMT) Price Target to $12.50

Pamt (NASDAQ:PAMTGet Free Report) had its target price raised by Stephens from $11.00 to $12.50 in a report released on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Stephens’ price objective indicates a potential downside of 10.20% from the company’s previous close.

Pamt Trading Up 2.1 %

Shares of NASDAQ:PAMT opened at $13.92 on Monday. The stock has a market cap of $303.33 million, a P/E ratio of -9.53 and a beta of 1.07. The company has a quick ratio of 1.78, a current ratio of 1.80 and a debt-to-equity ratio of 0.74. Pamt has a twelve month low of $11.01 and a twelve month high of $23.70. The business’s 50 day moving average is $13.08.

Pamt (NASDAQ:PAMTGet Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported ($0.37) earnings per share for the quarter. The company had revenue of $155.34 million for the quarter. Pamt had a negative return on equity of 2.58% and a negative net margin of 4.45%. As a group, equities research analysts predict that Pamt will post 0.85 EPS for the current fiscal year.

About Pamt

(Get Free Report)

PAMT Corp. is a holding company, which engages in the provision of truckload and logistics services through its subsidiaries. Its freight consists primarily of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units.

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