Profile
Sector:
IndustrialsIndustry:
TruckingCountry:
United StatesIPO:
10 September 1986Website:
http://www.pamtransport.comNext earnings report:
31 January 2025Last dividends:
13 December 2012Next dividends:
N/APrice
regular market | Tue, 19 Nov 2024 14:30:00 GMTDividend
Analysts recommendations
Institutional Ownership
PTSI Latest News
TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“we” or the “Company”) today reported consolidated net income of $2.4 million, or diluted and basic earnings per share of $0.11, for the quarter ended September 30, 2024. These results compare to consolidated net income of $6.1 million, or diluted and basic earnings per share of $0.28 for the quarter ended September 30, 2023. Operating revenues decreased 9.4% to $182.6 million for the third quarter of 2024 co.
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.
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 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 Services has experienced significant share price declines due to recent weakness on its top and bottom lines. Despite these issues, the company's shares appear cheap compared to similar firms and may present a good buying opportunity. The logistics market is expected to continue growing in the long run, which should benefit P.A.M. Transportation Services and similar companies.
Pam Transportation Services announced Monday after the market close that first-quarter earnings were roughly half the prior-year result. The Tontitown, Arkansas-based truckload carrier reported adjusted net income of $12.7 million, or 57 cents per share.
What type of business is PAM 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 operates a truckload dry van carrier that transports general commodities, such as automotive parts; expedited goods; consumer goods, such as general retail store merchandise; and manufactured goods, including heating and air conditioning units. The company also provides brokerage and logistics services. As of December 31, 2023, it operated a fleet of 2,200 trucks, which included 300 independent contractor trucks; and 8,567 trailers. The company was founded in 1980 and is headquartered in Tontitown, Arkansas.
What sector is PAM Transportation Services in?
PAM Transportation Services is in the Industrials sector
What industry is PAM Transportation Services in?
PAM Transportation Services is in the Trucking industry
What country is PAM Transportation Services from?
PAM Transportation Services is headquartered in United States
When did PAM Transportation Services go public?
PAM Transportation Services initial public offering (IPO) was on 10 September 1986
What is PAM Transportation Services website?
https://www.pamtransport.com
Is PAM Transportation Services in the S&P 500?
No, PAM Transportation Services is not included in the S&P 500 index
Is PAM Transportation Services in the NASDAQ 100?
No, PAM Transportation Services is not included in the NASDAQ 100 index
Is PAM Transportation Services in the Dow Jones?
No, PAM Transportation Services is not included in the Dow Jones index
When was PAM Transportation Services the previous earnings report?
No data
When does PAM Transportation Services earnings report?
The next expected earnings date for PAM Transportation Services is 31 January 2025