Free Trial

Proficient Auto Logistics (PAL) Stock Price, News & Analysis

$19.41
+0.38 (+2.00%)
(As of 07/26/2024 ET)
Today's Range
$18.97
$19.59
50-Day Range
$14.80
$19.41
52-Week Range
$14.50
$19.59
Volume
416,348 shs
Average Volume
211,665 shs
Market Capitalization
$506.41 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.67

Proficient Auto Logistics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1.3% Upside
$19.67 Price Target
Short Interest
Healthy
1.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
39.51%
From $0.81 to $1.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.00 out of 5 stars

Transportation Sector

108th out of 120 stocks

Transportation Services Industry

17th out of 17 stocks

PAL stock logo

About Proficient Auto Logistics Stock (NASDAQ:PAL)

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. It serves auto companies, electric vehicle producers, auto dealers, auto auctions, rental car companies, and auto leasing companies. The company was formerly known as AH Acquisition Corp. and changed its name to Proficient Auto Logistics, Inc. in October 2023. The company was incorporated in 2023 and is based in Jacksonville, Florida.

PAL Stock Price History

PAL Stock News Headlines

Musk’s new company could top a trillion?
The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840.
See More Headlines
Receive PAL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Proficient Auto Logistics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
6/20/2024
Today
7/26/2024
Next Earnings (Estimated)
9/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
Transportation
Current Symbol
NASDAQ:PAL
Previous Symbol
NASDAQ:PAL
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.67
High Stock Price Target
$22.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+1.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
25,829,000
Market Cap
$506.41 million
Optionable
N/A
Beta
N/A
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

PAL Stock Analysis - Frequently Asked Questions

How have PAL shares performed this year?

Proficient Auto Logistics' stock was trading at $14.78 at the start of the year. Since then, PAL shares have increased by 31.3% and is now trading at $19.41.
View the best growth stocks for 2024 here
.

How were Proficient Auto Logistics' earnings last quarter?

Proficient Auto Logistics, Inc. (NASDAQ:PAL) issued its earnings results on Thursday, June, 20th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.30. The company's revenue for the quarter was down 6.5% compared to the same quarter last year.

When did Proficient Auto Logistics IPO?

Proficient Auto Logistics (PAL) raised $215 million in an initial public offering on Thursday, May 9th 2024. The company issued 14,333,333 shares at $15.00 per share.

When did the company's quiet period expire?

Proficient Auto Logistics' quiet period expired on Tuesday, June 18th. Proficient Auto Logistics had issued 14,333,333 shares in its initial public offering on May 9th. The total size of the offering was $214,999,995 based on an initial share price of $15.00. During the company's quiet period, insiders and underwriters that worked on the IPO were restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of Proficient Auto Logistics?

Shares of PAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PAL) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners