NASDAQ:PANL - Pangaea Logistics Solutions Stock Price, News, & Analysis

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

Pangaea Logistics Solutions Ltd (NASDAQ:PANL) posted its quarterly earnings results on Thursday, August, 16th. The shipping company reported $0.13 EPS for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.03. The shipping company had revenue of $96.82 million for the quarter, compared to analysts' expectations of $105.63 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.

Pangaea Logistics Solutions is scheduled to release their next quarterly earnings announcement on Wednesday, March 20th 2019. View Earnings Estimates for Pangaea Logistics Solutions.

1 brokerages have issued 1 year target prices for Pangaea Logistics Solutions' shares. Their predictions range from $5.50 to $5.50. On average, they expect Pangaea Logistics Solutions' share price to reach $5.50 in the next twelve months. This suggests a possible upside of 58.5% from the stock's current price. View Analyst Price Targets 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.

Media headlines about PANL stock have been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pangaea Logistics Solutions earned a daily sentiment score of -1.1 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

Some companies that are related to Pangaea Logistics Solutions include Star Bulk Carriers (SBLK), DryShips (DRYS), Teekay (TK), Eagle Bulk Shipping (EGLE), Dorian LPG (LPG), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Diana Shipping (DSX), Capital Product Partners (CPLP), TSAKOS ENERGY N/SH (TNP), SEACOR Marine (SMHI), Ardmore Shipping (ASC), Danaos (DAC), Navios Maritime Partners (NMM) and Overseas Shipholding Group (OSG).

Pangaea Logistics Solutions' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include VR Advisory Services Ltd (3.97%), Dimensional Fund Advisors LP (0.25%) and Price Wealth Management Inc. (0.03%). View Institutional Ownership Trends for Pangaea Logistics Solutions.

PANL stock was sold by a variety of institutional investors in the last quarter, including VR Advisory Services Ltd. View Insider Buying and Selling for Pangaea Logistics Solutions.

PANL stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP and Price Wealth Management Inc.. View Insider Buying and Selling for 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.

One share of PANL stock can currently be purchased for approximately $3.47.

Pangaea Logistics Solutions has a market capitalization of $152.85 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.

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

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]prosek.com.