P.A.M. Transportation Services (NASDAQ:PTSI) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Saturday, BidAskClub reports.

A number of other equities analysts also recently commented on PTSI. Stifel Nicolaus initiated coverage on shares of P.A.M. Transportation Services in a research note on Tuesday, April 23rd. They issued a “hold” rating and a $58.00 price objective for the company. ValuEngine raised shares of P.A.M. Transportation Services from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st.

Shares of NASDAQ:PTSI opened at $56.00 on Friday. The company has a market capitalization of $328.56 million, a P/E ratio of 12.15 and a beta of 1.75. P.A.M. Transportation Services has a 52 week low of $34.31 and a 52 week high of $70.00. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 1.00.

P.A.M. Transportation Services (NASDAQ:PTSI) last issued its quarterly earnings data on Monday, April 15th. The transportation company reported $0.99 EPS for the quarter. The company had revenue of $128.69 million during the quarter. P.A.M. Transportation Services had a net margin of 5.70% and a return on equity of 23.54%. On average, sell-side analysts predict that P.A.M. Transportation Services will post 5.44 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of the stock. Renaissance Technologies LLC raised its stake in P.A.M. Transportation Services by 0.4% in the first quarter. Renaissance Technologies LLC now owns 397,474 shares of the transportation company’s stock worth $19,452,000 after buying an additional 1,400 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in P.A.M. Transportation Services by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 395,212 shares of the transportation company’s stock worth $19,341,000 after buying an additional 5,886 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its stake in P.A.M. Transportation Services by 16.7% in the first quarter. Pacific Ridge Capital Partners LLC now owns 131,867 shares of the transportation company’s stock worth $6,454,000 after buying an additional 18,850 shares in the last quarter. Vanguard Group Inc. raised its stake in P.A.M. Transportation Services by 8.6% in the third quarter. Vanguard Group Inc. now owns 125,513 shares of the transportation company’s stock worth $8,170,000 after buying an additional 9,948 shares in the last quarter. Finally, Vanguard Group Inc raised its stake in P.A.M. Transportation Services by 8.6% in the third quarter. Vanguard Group Inc now owns 125,513 shares of the transportation company’s stock worth $8,170,000 after buying an additional 9,948 shares in the last quarter. 26.43% of the stock is owned by institutional investors.

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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