Proficient Auto Logistics (NASDAQ:PAL - Get Free Report) was downgraded by stock analysts at William Blair from an "outperform" rating to a "market perform" rating in a research report issued on Friday, MarketBeat 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 analysts have also recently commented on PAL. Stifel Nicolaus set a $13.00 target price on shares of Proficient Auto Logistics in a report on Tuesday, August 12th. Barrington Research reaffirmed an "outperform" rating and set a $12.00 target price on shares of Proficient Auto Logistics in a report on Tuesday, August 12th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $14.67.
Check Out Our Latest Stock Analysis on PAL
Proficient Auto Logistics Stock Down 2.1%
NASDAQ:PAL traded down $0.16 during trading hours on Friday, reaching $7.32. The company had a trading volume of 65,717 shares, compared to its average volume of 246,628. 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 52 week low of $5.88 and a 52 week high of $17.97. The firm's 50 day moving average price is $7.47 and its 200-day moving average price is $7.94.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in PAL. Squarepoint Ops LLC purchased a new position in Proficient Auto Logistics during the 4th quarter valued at about $96,000. Charles Schwab Investment Management Inc. grew its position in shares of Proficient Auto Logistics by 9.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 146,805 shares of the company's stock worth $1,229,000 after buying an additional 12,159 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Proficient Auto Logistics by 27.5% in the 1st quarter. Bank of New York Mellon Corp now owns 42,945 shares of the company's stock worth $359,000 after buying an additional 9,261 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of Proficient Auto Logistics by 136.9% in the 4th quarter. BNP Paribas Financial Markets now owns 49,047 shares of the company's stock worth $396,000 after buying an additional 28,342 shares during the last quarter. Finally, Northern Trust Corp grew its position in Proficient Auto Logistics by 4.8% during the 4th quarter. Northern Trust Corp now owns 127,956 shares of the company's stock worth $1,033,000 after purchasing an additional 5,850 shares during the last quarter.
About Proficient Auto Logistics
(
Get Free Report)
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.
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