PAM Transportation Services
PTSI

$17.20

3.75%

Market Cap: $379M

About: P.A.M. Transportation Services Inc is engaged in truckload dry van carriers transporting general commodities. Its operations are classified as motor carrier segment or brokerage and logistics services around the United States, Mexico, and Canada. The company freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. The company generates maximum revenue from United States-domestic shipments.

Employees: 2,530

Industrials Trucking, Except Local

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1% more capital invested

Capital invested by funds: $79.1M [Q1] → $80.2M (+$1.06M) [Q2]

0.93% less ownership

Funds ownership: 22.14% [Q1] → 21.21% (-0.93%) [Q2]

5% less funds holding

Funds holding: 59 [Q1] → 56 (-3) [Q2]

14% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 21

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

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Research analyst outlook

We haven’t received any recent analyst ratings for PTSI.

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Financial journalist opinion

24/7 Wall Street

Carlos Slim and Other Insider Buyers Are Boosting Their Stakes

24/7 Wall St. Insights In the past week, there was sizable insider buying at a couple of energy companies and a transportation company.

Carlos Slim and Other Insider Buyers Are Boosting Their Stakes

P.A.M. Transportation Services, Inc. Announces Results for the Second Quarter Ended June 30, 2024

TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“we” or the “Company”) today reported consolidated net loss of $2.9 million, or diluted and basic loss per share of $0.13, for the quarter ended June 30, 2024. These results compare to consolidated net income of $9.3 million, or diluted and basic earnings per share of $0.42 for the quarter ended June 30, 2023. Operating revenues decreased 11.8% to $182.9 million for the second quarter of 2024 compared to $207.

P.A.M. Transportation Services, Inc. Announces Results for the Second Quarter Ended June 30, 2024

Zacks Investment Research

3 Truck Stocks to Keep an Eye On in a Challenging Industry

The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture, mainly owing to the slowdown in freight demand. We believe stocks like ODFL, MRTN and PTSI are better positioned to escape industry challenges.

3 Truck Stocks to Keep an Eye On in a Challenging Industry

P.A.M. Transportation Services, Inc. Announces Final Results of its Self Tender Offer

TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (the “Company”) today announced the final results of its modified “Dutch auction” tender offer to repurchase up to 550,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Wednesday, May 22, 2024. In accordance with the terms and conditions of the tender offer, the Company has accepted for purchase a total of 284,206 shares of its common stock, representing approximately 1.3.

P.A.M. Transportation Services, Inc. Announces Final Results of its Self Tender Offer

P.A.M. Transportation Services, Inc. Announces Preliminary Results of its Self Tender Offer

TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (the “Company” or “PTSI”) today announced the preliminary results of its modified “Dutch auction” tender offer to repurchase up to 550,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Wednesday, May 22, 2024. Based on the preliminary count by Computershare Trust Company, N.A. (“Computershare”), the depositary for the tender offer, approximately 284,222 shares were proper.

P.A.M. Transportation Services, Inc. Announces Preliminary Results of its Self Tender Offer

P.A.M. Transportation Services, Inc. Commences Self Tender Offer to Purchase up to 550,000 Shares

TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (the “Company”) today announced the commencement of a modified “Dutch auction” tender offer to purchase up to 550,000 shares, or about 2.5%, of its outstanding common stock at a price of not less than $15.50 and not more than $18.00 per share. The tender offer will expire at 5:00 p.m., Eastern Time, on May 22, 2024, unless extended or withdrawn. The Company anticipates paying for the shares tendered in the off.

P.A.M. Transportation Services, Inc. Commences Self Tender Offer to Purchase up to 550,000 Shares

CORRECTING and REPLACING P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2024

TONTITOWN, Ark.--(BUSINESS WIRE)--In third paragraph, first sentence of quote should read: The truckload market continued to be extremely challenging during the first quarter of 2024, characterized by shippers' continued success in leveraging an overcapacity market to their advantage to attain rates at or below cost. (instead of The truckload market continued to be extremely challenging during the first quarter of 2023, characterized by shippers continued success in leveraging an overcapacity m.

CORRECTING and REPLACING P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2024

P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2024

TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“the Company”) today reported net income of $0.3 million, or diluted and basic earnings per share of $0.01, for the quarter ended March 31, 2024. These results compare to net income of $5.2 million, or diluted earnings per share of $0.23 ($0.24 basic), for the quarter ended March 31, 2023. Operating revenues decreased 17.6% to $182.6 million for the first quarter of 2024 compared to $221.7 million for the fir.

P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2024

P.A.M. Transportation Services, Inc. Announces Results for the Fourth Quarter and Year Ended December 31, 2023

TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“we” or the “Company”) today reported consolidated net loss of $2.2 million, or diluted and basic loss per share of $0.10, for the quarter ended December 31, 2023 and consolidated net income of $18.4 million, or diluted and basic earnings per share of $0.83, for the year ended December 31,2023. These results compare to consolidated net income of $18.0 million, or diluted and basic earnings per share of $0.81,.

P.A.M. Transportation Services, Inc. Announces Results for the Fourth Quarter and Year Ended December 31, 2023

P.A.M. Transportation: Mixed Results, But Trading Too Cheap With Fleet Modernization Efforts

P.A.M. Transportation Services delivered mixed quarter results, but the market's reaction was too severe. Analysts expect beneficial net sales growth from 2025, and the company's recent fleet renovation and manufacturing techniques could increase future FCF. Risks include fuel price changes and strikes, but the stock could trade at higher price marks.

P.A.M. Transportation: Mixed Results, But Trading Too Cheap With Fleet Modernization Efforts

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