NASDAQ:PANL

Pangaea Logistics Solutions Stock Forecast, Price & News

$2.86

+0.06 (+2.14 %)

(As of 01/26/2021 12:00 AM ET)

Add

Compare

Today's Range

$2.73

Now: $2.86▼

$2.90

50-Day Range

$2.55

MA: $2.76▼

$2.93

52-Week Range

$1.60

Now: $2.86▼

$3.51

Volume18,853 shs

Average Volume22,274 shs

Market Capitalization$128.89 million

P/E Ratio35.75

Dividend YieldN/A

Beta0.68

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 23, 2020, the company operated a fleet of 18 owned or partially owned vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.

MarketRank^™

Overall MarketRank^™

1.35 out of 5 stars

Transportation Sector

96th out of 238 stocks

Deep Sea Foreign Transportation Of Freight Industry

26th out of 52 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Pangaea Logistics Solutions.

2.6 Community Rank

Outperform Votes
Pangaea Logistics Solutions has received 306 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Pangaea Logistics Solutions has received 288 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Pangaea Logistics Solutions has received 51.52% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Pangaea Logistics Solutions and other stocks. Vote “Outperform” if you believe PANL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PANL will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Pangaea Logistics Solutions does not currently pay a dividend.
Dividend Growth
Pangaea Logistics Solutions does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Pangaea Logistics Solutions will have a dividend payout ratio of 18.60% next year. This indicates that Pangaea Logistics Solutions will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pangaea Logistics Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $26,695.00 in company stock.
Percentage Held by Insiders
46.66% of the stock of Pangaea Logistics Solutions is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 30.02% of the stock of Pangaea Logistics Solutions is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Pangaea Logistics Solutions are expected to grow by 43.33% in the coming year, from $0.30 to $0.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pangaea Logistics Solutions is 35.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pangaea Logistics Solutions is 35.88, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 23.11.
Price to Book Value per Share Ratio
Pangaea Logistics Solutions has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Deep sea foreign transportation of freight

Sub-IndustryN/A

SectorTransportation

Current SymbolNASDAQ:PANL

Previous Symbol

CUSIPN/A

CIK1005284

Webwww.pangaeals.com

Phone401-457-9552

Employees70

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.52

Current Ratio1.20

Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio35.75

Forward P/E Ratio9.53

P/E GrowthN/A

Sales & Book Value

Annual Sales$412.20 million

Price / Sales0.31

Cash Flow$0.86 per share

Price / Cash Flow3.34

Book Value$5.47 per share

Price / Book0.52

Profitability

EPS (Most Recent Fiscal Year)$0.42

Net Income$11.66 million

Net Margins-0.16%

Return on Equity5.14%

Return on Assets2.69%

Miscellaneous

Outstanding Shares45,066,000

Market Cap$128.89 million

Next Earnings Date3/22/2021 (Estimated)

OptionableNot Optionable

$2.86

+0.06 (+2.14 %)

(As of 01/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive PANL News and Ratings via Email

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

Pangaea Logistics Solutions (NASDAQ:PANL) Frequently Asked Questions

How has Pangaea Logistics Solutions' stock price been impacted by COVID-19?

Pangaea Logistics Solutions' stock was trading at $2.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PANL stock has increased by 17.2% and is now trading at $2.86.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Pangaea Logistics Solutions?

Wall Street analysts have given Pangaea Logistics Solutions a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Pangaea Logistics Solutions wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Pangaea Logistics Solutions' next earnings date?

Pangaea Logistics Solutions is scheduled to release its next quarterly earnings announcement on Monday, March 22nd 2021.
View our earnings forecast for Pangaea Logistics Solutions.

How were Pangaea Logistics Solutions' earnings last quarter?

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) issued its quarterly earnings results on Wednesday, November, 11th. The shipping company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.03. The shipping company earned $103.77 million during the quarter, compared to analyst estimates of $118.50 million. Pangaea Logistics Solutions had a positive trailing twelve-month return on equity of 5.14% and a negative net margin of 0.16%.
View Pangaea Logistics Solutions' earnings history.

How often does Pangaea Logistics Solutions pay dividends? What is the dividend yield for Pangaea Logistics Solutions?

Pangaea Logistics Solutions announced a quarterly dividend on Monday, December 21st. Investors of record on Monday, March 1st will be paid a dividend of $0.02 per share on Monday, March 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend is Friday, February 26th.
View Pangaea Logistics Solutions' dividend history.

Are investors shorting Pangaea Logistics Solutions?

Pangaea Logistics Solutions saw a increase in short interest in December. As of December 31st, there was short interest totaling 90,300 shares, an increase of 47.8% from the December 15th total of 61,100 shares. Based on an average daily trading volume, of 52,900 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.8% of the shares of the company are short sold.
View Pangaea Logistics Solutions' Short Interest.

Who are some of Pangaea Logistics Solutions' key competitors?

Some companies that are related to Pangaea Logistics Solutions include Genco Shipping & Trading (GNK), Teekay (TK), Eagle Bulk Shipping (EGLE), Global Ship Lease (GSL), Diana Shipping (DSX), Scorpio Bulkers (SALT), Overseas Shipholding Group (OSG), Safe Bulkers (SB), Navios Maritime Containers (NMCI), Capital Product Partners (CPLP), Tsakos Energy Navigation (TNP), Navios Maritime Partners (NMM), Ardmore Shipping (ASC), StealthGas (GASS) and Seanergy Maritime (SHIP).
View all of PANL's competitors.

What other stocks do shareholders of Pangaea Logistics Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pangaea Logistics Solutions investors own include Enterprise Products Partners (EPD), Philip Morris International (PM), Ventas (VTR), AcelRx Pharmaceuticals (ACRX), Allena Pharmaceuticals (ALNA), Amarin (AMRN), Abraxas Petroleum (AXAS), Kimco Realty (KIM), KemPharm (KMPH) and Occidental Petroleum (OXY).

Who are Pangaea Logistics Solutions' key executives?

Pangaea Logistics Solutions' management team includes the following people:

Mr. Edward Coll, Co-Founder, Chairman & CEO (Age 64, Pay $1.51M)
Mr. Gianni DelSignore, CFO & Sec. (Age 38, Pay $443.6k)
Mr. Mark L. Filanowski, COO & Director (Age 67, Pay $606.12k)

What is Pangaea Logistics Solutions' stock symbol?

Pangaea Logistics Solutions trades on the NASDAQ under the ticker symbol "PANL."

Who are Pangaea Logistics Solutions' major shareholders?

Pangaea Logistics Solutions' stock is owned by a number of institutional and retail investors. Top institutional investors include Rockland Trust Co. (22.78%). Company insiders that own Pangaea Logistics Solutions stock include Gianni Delsignore, Mark L Filanowski and One Acquisition Holdin Pangaea.
View institutional ownership trends for Pangaea Logistics Solutions.

Which institutional investors are selling Pangaea Logistics Solutions stock?

PANL stock was sold by a variety of institutional investors in the last quarter, including Rockland Trust Co..
View insider buying and selling activity for Pangaea Logistics Solutions or view top insider-selling stocks.

How do I buy shares of Pangaea Logistics Solutions?

Shares of PANL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Pangaea Logistics Solutions' stock price today?

One share of PANL stock can currently be purchased for approximately $2.86.

How big of a company is Pangaea Logistics Solutions?

Pangaea Logistics Solutions has a market capitalization of $128.89 million and generates $412.20 million in revenue each year. The shipping company earns $11.66 million in net income (profit) each year or $0.42 on an earnings per share basis. Pangaea Logistics Solutions employs 70 workers across the globe.

What is Pangaea Logistics Solutions' official website?

The official website for Pangaea Logistics Solutions is www.pangaeals.com.

How can I contact Pangaea Logistics Solutions?

Pangaea Logistics Solutions' mailing address is 109 LONG WHARF, NEWPORT RI, 02840. The shipping company can be reached via phone at 401-457-9552 or via email at [email protected]

This page was last updated on 1/26/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here