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) issued its earnings results on Thursday, August, 16th. The shipping company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.03. The shipping company had revenue of $96.82 million for the quarter, compared to analyst estimates of $105.63 million. Pangaea Logistics Solutions had a net margin of 6.00% and a return on equity of 10.59%. 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 brokers have issued 1-year price objectives for Pangaea Logistics Solutions' stock. 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 year. This suggests a possible upside of 54.1% 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.

News headlines about PANL stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pangaea Logistics Solutions earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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), Diana Shipping (DSX), Capital Product Partners (CPLP), Scorpio Bulkers (SALT), TSAKOS ENERGY N/SH (TNP), SEACOR Marine (SMHI), Danaos (DAC), Ardmore Shipping (ASC), Overseas Shipholding Group (OSG) and Navios Maritime Partners (NMM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pangaea Logistics Solutions investors own include DIGITAL RLTY TR/SH (DLR), Protalix Biotherapeutics (PLX), Southwestern Energy (SWN), Enterprise Products Partners (EPD), Sorrento Therapeutics (SRNE), EOG Resources (EOG), Halcon Resources (HK), AcelRx Pharmaceuticals (ACRX), Ampliphi Biosciences (APHB) and Gemphire Therapeutics (GEMP).

Pangaea Logistics Solutions' stock is owned by many different of institutional and retail investors. Top institutional investors 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 $3.57.

Pangaea Logistics Solutions has a market capitalization of $157.25 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]