P.A.M. Transportation Services Inc. (NASDAQ:PTSI) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “P.A.M. Transportation Services, Inc. is an irregular route, common and contract motor carrier authorized to transport general commodities. The freight consists primarily of automotive parts, consumer goods, such as general retail store merchandise, and products from the manufacturing sector, such as heating and air conditioning units. All freight is transported as truckload quantities. “

P.A.M. Transportation Services (NASDAQ:PTSI) opened at 19.12 on Wednesday. The company’s 50-day moving average is $19.70 and its 200 day moving average is $21.31. The company has a market capitalization of $123.36 million, a P/E ratio of 8.39 and a beta of 0.76. P.A.M. Transportation Services has a one year low of $14.75 and a one year high of $45.65.

P.A.M. Transportation Services (NASDAQ:PTSI) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.61 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by $0.09. P.A.M. Transportation Services had a return on equity of 16.13% and a net margin of 3.76%. The firm had revenue of $98.92 million for the quarter, compared to analyst estimates of $91.05 million. On average, equities analysts anticipate that P.A.M. Transportation Services will post $2.01 earnings per share for the current year.

P.A.M. Transportation Services Company Profile

P.A.M. Transportation Services, Inc is a holding company. The Company, through its subsidiaries, operates as a truckload transportation and logistics company. It operates in the motor carrier segment. It operates as a truckload dry van carrier transporting general commodities throughout the continental United States, as well as in certain Canadian provinces.

5 Day Chart for NASDAQ:PTSI

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