Stephens Lowers Pamt (NASDAQ:PAMT) Price Target to $16.50

Pamt (NASDAQ:PAMTGet Free Report) had its target price cut by investment analysts at Stephens from $19.00 to $16.50 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Stephens’ price target would indicate a potential upside of 16.86% from the company’s current price.

Pamt Stock Performance

Shares of PAMT stock opened at $14.12 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.80 and a quick ratio of 1.78. The stock has a market cap of $307.53 million, a P/E ratio of -128.36 and a beta of 1.22. Pamt has a 1-year low of $13.51 and a 1-year high of $23.70.

Pamt (NASDAQ:PAMTGet Free Report) last issued its earnings results on Tuesday, February 11th. The company reported ($0.36) earnings per share (EPS) for the quarter. Pamt had a negative return on equity of 0.79% and a negative net margin of 0.34%. As a group, equities analysts anticipate that Pamt will post 0.06 EPS for the current 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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