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 21, 2018, the company operates a fleet of 55 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.
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
Phone401-846-7790
Debt
Debt-to-Equity Ratio0.64
Current Ratio1.54
Quick Ratio1.25
Price-To-Earnings
Trailing P/E Ratio7.92
Forward P/E Ratio6.02
P/E GrowthN/A
Sales & Book Value
Annual Sales$385.09 million
Price / Sales0.34
Cash Flow$0.7133 per share
Price / Cash Flow4.22
Book Value$4.81 per share
Price / Book0.63
Profitability
EPS (Most Recent Fiscal Year)$0.38
Net Income$7.81 million
Net Margins6.00%
Return on Equity10.59%
Return on Assets5.40%
Miscellaneous
Employees74
Outstanding Shares44,050,000
Market Cap$133.03 million
OptionableNot Optionable
Pangaea Logistics Solutions (NASDAQ:PANL) Frequently Asked Questions
What is Pangaea Logistics Solutions' stock symbol?
Pangaea Logistics Solutions trades on the NASDAQ under the ticker symbol "PANL."
How were Pangaea Logistics Solutions' earnings last quarter?
Pangaea Logistics Solutions Ltd (NASDAQ:PANL) announced its quarterly earnings results on Friday, November, 9th. The shipping company reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.01. The shipping company earned $95.35 million during the quarter, compared to the consensus estimate of $120.45 million. Pangaea Logistics Solutions had a return on equity of 10.59% and a net margin of 6.00%. View Pangaea Logistics Solutions' Earnings History.
When is Pangaea Logistics Solutions' next earnings date?
What price target have analysts set for PANL?
1 brokerages have issued 12-month price objectives for Pangaea Logistics Solutions' shares. Their forecasts range from $5.50 to $5.50. On average, they anticipate Pangaea Logistics Solutions' stock price to reach $5.50 in the next twelve months. This suggests a possible upside of 82.7% from the stock's current price. View Analyst Price Targets for Pangaea Logistics Solutions.
What is the consensus analysts' recommendation for Pangaea Logistics Solutions?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pangaea Logistics Solutions in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pangaea Logistics Solutions.
Has Pangaea Logistics Solutions been receiving favorable news coverage?
News headlines about PANL stock have trended neutral recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pangaea Logistics Solutions earned a coverage optimism score of 0.3 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Pangaea Logistics Solutions' key competitors?
Some companies that are related to Pangaea Logistics Solutions include DryShips (DRYS), Scorpio Bulkers (SALT), Teekay (TK), Diana Shipping (DSX), Dorian LPG (LPG), Eagle Bulk Shipping (EGLE), Genco Shipping & Trading (GNK), Capital Product Partners (CPLP), SEACOR Marine (SMHI), TSAKOS ENERGY N/SH (TNP), Ardmore Shipping (ASC), Navios Maritime Partners (NMM), Safe Bulkers (SB), Overseas Shipholding Group (OSG) and StealthGas (GASS).
Who are Pangaea Logistics Solutions' key executives?
Pangaea Logistics Solutions' management team includes the folowing people:
- Mr. Edward Coll, Co-Founder, Chairman & CEO (Age 61)
- Mr. Mark L. Filanowski, COO & Director (Age 64)
- Mr. Gianni DelSignore, CFO & Sec. (Age 35)
Who are Pangaea Logistics Solutions' major shareholders?
Which institutional investors are selling Pangaea Logistics Solutions stock?
Which institutional investors are buying Pangaea Logistics Solutions stock?
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pangaea Logistics Solutions' stock price today?
One share of PANL stock can currently be purchased for approximately $3.01.
How big of a company is Pangaea Logistics Solutions?
Pangaea Logistics Solutions has a market capitalization of $133.03 million and generates $385.09 million in revenue each year. The shipping company earns $7.81 million in net income (profit) each year or $0.38 on an earnings per share basis. Pangaea Logistics Solutions employs 74 workers across the globe.
What is Pangaea Logistics Solutions' official website?
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 401-846-7790 or via email at [email protected]
MarketBeat Community Rating for Pangaea Logistics Solutions (NASDAQ PANL)
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.
