Proficient Auto Logistics (NASDAQ:PAL) Stock Rating Lowered by William Blair

Key Points

• Proficient Auto Logistics (NASDAQ:PAL) has been downgraded by William Blair from an "outperform" rating to a "market perform" rating.
• Current analyst consensus suggests a "Moderate Buy" rating, with a target price of $14.67 despite its recent price of $7.72.
• Several institutional investors have recently increased their stakes in Proficient Auto Logistics, indicating ongoing interest from the market.

Proficient Auto Logistics (NASDAQ:PAL - Get Free Report) was downgraded by investment analysts at William Blair from an "outperform" rating to a "market perform" rating in a note issued to investors on Friday, Marketbeat Ratings reports. William Blair also issued estimates for Proficient Auto Logistics' Q3 2025 earnings at $0.00 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.07 EPS and Q4 2026 earnings at $0.07 EPS.

A number of other equities research analysts have also weighed in on the stock. Barrington Research reaffirmed an "outperform" rating and set a $12.00 target price on shares of Proficient Auto Logistics in a research note on Tuesday, August 12th. Stifel Nicolaus set a $13.00 target price on shares of Proficient Auto Logistics in a research note on Tuesday, August 12th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, Proficient Auto Logistics presently has a consensus rating of "Moderate Buy" and an average target price of $14.67.

Proficient Auto Logistics Trading Up 0.9%

Shares of PAL traded up $0.07 during trading hours on Friday, reaching $7.48. 221,501 shares of the company traded hands, compared to its average volume of 247,727. The company's fifty day moving average price is $7.47 and its two-hundred day moving average price is $7.94. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.20. Proficient Auto Logistics has a 12 month low of $5.88 and a 12 month high of $17.97.

Hedge Funds Weigh In On Proficient Auto Logistics

A number of hedge funds have recently modified their holdings of the company. Corebridge Financial Inc. boosted its position in shares of Proficient Auto Logistics by 33.6% in the first quarter. Corebridge Financial Inc. now owns 10,409 shares of the company's stock worth $87,000 after purchasing an additional 2,619 shares during the period. Victory Capital Management Inc. boosted its position in shares of Proficient Auto Logistics by 29.0% in the first quarter. Victory Capital Management Inc. now owns 14,345 shares of the company's stock worth $120,000 after purchasing an additional 3,225 shares during the period. Wedge Capital Management L L P NC boosted its position in shares of Proficient Auto Logistics by 2.8% in the first quarter. Wedge Capital Management L L P NC now owns 121,687 shares of the company's stock worth $1,019,000 after purchasing an additional 3,342 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Proficient Auto Logistics by 44.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the company's stock worth $105,000 after purchasing an additional 3,866 shares during the period. Finally, FNY Investment Advisers LLC bought a new position in shares of Proficient Auto Logistics in the second quarter worth approximately $29,000.

Proficient Auto Logistics Company Profile

Proficient Auto Logistics, Inc focuses on providing auto transportation and logistics services in North America. It primarily focuses on transporting and delivering finished vehicles from automotive production facilities, ports of entry, and rail yards to a network of automotive dealerships. The company operates approximately 1,130 auto transport vehicles and trailers, including 615 company-owned transport vehicles and trailers.