News

P.A.M. Transportation Services, Inc. Commences Self Tender Offer to Purchase up to 550,000 Shares

  • TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (the “Company”) today announced the commencement of a modified “Dutch auction” tender offer to purchase up to 550,000 shares, or about 2.5%, of its outstanding common stock at a price of not less than $15.50 and not more than $18.00 per share. The tender offer will expire at 5:00 p.m., Eastern Time, on May 22, 2024, unless extended or withdrawn. The Company anticipates paying for the shares tendered in the off.
    04/24/2024

CORRECTING and REPLACING P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2024

  • TONTITOWN, Ark.--(BUSINESS WIRE)--In third paragraph, first sentence of quote should read: The truckload market continued to be extremely challenging during the first quarter of 2024, characterized by shippers' continued success in leveraging an overcapacity market to their advantage to attain rates at or below cost. (instead of The truckload market continued to be extremely challenging during the first quarter of 2023, characterized by shippers continued success in leveraging an overcapacity m.
    04/18/2024
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P.A.M. Transportation Services, Inc. (PTSI) can buy. Click on Rating Page for detail.

The price of P.A.M. Transportation Services, Inc. (PTSI) is 17.66 and it was updated on 2024-05-16 13:00:49.

Currently P.A.M. Transportation Services, Inc. (PTSI) is in overvalued.

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P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2024

  • TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“the Company”) today reported net income of $0.3 million, or diluted and basic earnings per share of $0.01, for the quarter ended March 31, 2024. These results compare to net income of $5.2 million, or diluted earnings per share of $0.23 ($0.24 basic), for the quarter ended March 31, 2023. Operating revenues decreased 17.6% to $182.6 million for the first quarter of 2024 compared to $221.7 million for the fir.
    Thu, Apr. 18, 2024

P.A.M. Transportation Services, Inc. Announces Results for the Fourth Quarter and Year Ended December 31, 2023

  • TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“we” or the “Company”) today reported consolidated net loss of $2.2 million, or diluted and basic loss per share of $0.10, for the quarter ended December 31, 2023 and consolidated net income of $18.4 million, or diluted and basic earnings per share of $0.83, for the year ended December 31,2023. These results compare to consolidated net income of $18.0 million, or diluted and basic earnings per share of $0.81,.
    Thu, Feb. 01, 2024

P.A.M. Transportation: Mixed Results, But Trading Too Cheap With Fleet Modernization Efforts

  • P.A.M. Transportation Services delivered mixed quarter results, but the market's reaction was too severe. Analysts expect beneficial net sales growth from 2025, and the company's recent fleet renovation and manufacturing techniques could increase future FCF. Risks include fuel price changes and strikes, but the stock could trade at higher price marks.
    Sat, Jan. 06, 2024

P.A.M. Transportation Services, Inc. Announces Results for the Third Quarter Ended September 30, 2023

  • TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“we” or the “Company”) today reported consolidated net income of $6.1 million, or diluted and basic earnings per share of $0.28, for the quarter ended September 30, 2023. These results compare to consolidated net income of $24.6 million, or diluted earnings per share of $1.09 ($1.10 basic), for the quarter ended September 30, 2022. Consolidated operating revenues decreased 20.2% to $201.5 million for the thir.
    Wed, Oct. 18, 2023

P.A.M. Transportation Services, Inc. Announces Results for the Second Quarter Ended June 30, 2023

  • TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“we” or the “Company”) today reported consolidated net income of $9.3 million, or diluted and basic earnings per share of $0.42, for the quarter ended June 30, 2023. These results compare to consolidated net income of $24.2 million, or diluted earnings per share of $1.08 ($1.09 basic), for the quarter ended June 30, 2022. Consolidated operating revenues decreased 12.6% to $207.4 million for the second quarter.
    Wed, Jul. 19, 2023
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P.A.M. Transportation Services: Still Appealing Despite Short-Term Pain

  • P.A.M. Transportation Services has experienced significant share price declines due to recent weakness on its top and bottom lines. Despite these issues, the company's shares appear cheap compared to similar firms and may present a good buying opportunity. The logistics market is expected to continue growing in the long run, which should benefit P.A.M. Transportation Services and similar companies.
  • 06/22/2023

Pam Transportation's Q1 earnings fall by half

  • Pam Transportation Services announced Monday after the market close that first-quarter earnings were roughly half the prior-year result. The Tontitown, Arkansas-based truckload carrier reported adjusted net income of $12.7 million, or 57 cents per share.
  • 04/24/2023

P.A.M. Transportation beats Q3 expectation

  • Truckload carrier P.A.M. Transportation Services reported adjusted earnings per share of $1.18, which excluded 9 cents per share of unrealized losses from equity investments on an after-tax basis.
  • 10/21/2022

Here Is Why Bargain Hunters Would Love Fast-paced Mover P.A.M. Transportation (PTSI)

  • P.A.M. Transportation (PTSI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
  • 10/14/2022

Looking for a Growth Stock? 3 Reasons Why P.A.M.

  • P.A.M. Transportation (PTSI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
  • 09/30/2022

Trucking Stocks Race Up Rankings As Stock Market Correction Deepens

  • As the stock market correction deepens, trucking stocks like Covenant, Marten, Heartland Express and Knight-Swift are holding up well. The post Trucking Stocks Race Up Rankings As Stock Market Correction Deepens appeared first on Investor's Business Daily.
  • 09/30/2022

Despite Fast-paced Momentum, P.A.M. Transportation (PTSI) Is Still a Bargain Stock

  • If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, P.A.M. Transportation (PTSI) could be a great choice.
  • 09/28/2022

New Strong Buy Stocks for September 28th

  • PBF, SRT, PTSI, IHG and EBC have been added to the Zacks Rank #1 (Strong Buy) List on September 28, 2022.
  • 09/28/2022

Best Value Stocks to Buy for September 28th

  • PBF, SRT and PTSI made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 28, 2022.
  • 09/28/2022

All You Need to Know About P.A.M. Transportation (PTSI) Rating Upgrade to Strong Buy

  • P.A.M. Transportation (PTSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
  • 09/22/2022

3 Reasons Why P.A.M. Transportation (PTSI) Is a Great Growth Stock

  • P.A.M. Transportation (PTSI) could produce exceptional returns because of its solid growth attributes.
  • 09/14/2022

New Strong Buy Stocks for September 14th

  • WHD, PTSI, IHG, TS, and SLB have been added to the Zacks Rank #1 (Strong Buy) List on September 14, 2022.
  • 09/14/2022

Best Value Stocks to Buy for September 14th

  • PTSI and SFM made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 14, 2022.
  • 09/14/2022

P.A.M. Transportation reports Q2 beat

  • P.A.M. Transportation Services reported second-quarter earnings per share of $1.30 after the market closed on Thursday. The result was 15 cents better than the consensus estimate and more than double the prior-year period.
  • 07/28/2022

3 Top Transportation Stocks To Buy

  • Trucking stocks are trading like a freight recession is already here. Investor sentiment seems disconnected from actual results and analysts' forecasts. The pandemic and global supply disruptions have hurt many companies, including transportation, placing an attractive buy opportunity on transportation stocks whose year-to-date drops exceed 10%.
  • 05/19/2022

P.A.M. Transportation scores record Q1 on higher rates

  • P.A.M. Transportation Services used better rates and margins to best analysts' expectations in the 2022 first quarter. The Tontitown, Arkansas-based truckload carrier reported adjusted net income of $1.18 per share, 66 cents better than the year-ago result and 39 cents ahead of the consensus estimate.
  • 04/20/2022

7 Reliable Transportation Stocks to Buy Before Summer

  • We're witnessing simple supply and demand economics at work with transportation stocks right now and it's a great time to buy the demand. The post 7 Reliable Transportation Stocks to Buy Before Summer appeared first on InvestorPlace.
  • 03/30/2022

P.A.M. Transportation Services, Inc. to Present at the Stephens 23rd Annual Investment Conference

  • TONTITOWN, AK / ACCESSWIRE / November 15, 2021 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) today announced that Joe Vitiritto, President and Chief Executive Officer, and Allen West, Chief Financial Officer, Secretary, Treasurer and Vice President of Finance, will participate in the Stephens 23rd Annual Investment Conference held at the Omni Nashville Hotel in Nashville, TN.
  • 11/15/2021

P.A.M. Transportation Services, Inc. Announces Results for the Third Quarter Ended September 30, 2021

  • TONTITOWN, AR / ACCESSWIRE / October 14, 2021 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) today reported net income of $21.4 million, or diluted earnings per share of $1.87 ($1.88 basic), for the quarter ended September 30, 2021, and net income of $48.6 million, or diluted earnings per share of $4.24 ($4.26 basic), for the nine-month period then ended.
  • 10/14/2021

P.A.M. Transportation Services, Inc. Announces Final Results of its Self Tender Offer

  • TONTITOWN, AR / ACCESSWIRE / August 31, 2021 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) (the "Company") today announced the final results of its modified "Dutch auction" tender offer to repurchase up to 200,000 shares of its outstanding common stock, which expired at 5:00 p.m.
  • 08/31/2021

P.A.M. Transportation Services, Inc. Announces Preliminary Results of Its Self Tender Offer

  • TONTITOWN, AR / ACCESSWIRE / August 27, 2021 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) (the "Company" or "PTSI") today announced the preliminary results of its modified "Dutch auction" tender offer to repurchase up to 200,000 shares of its outstanding common stock, which expired at 5:00 p.m.
  • 08/27/2021

5 Undervalued Predictable Industrial Stocks That May Profit From Infrastructure Projects

  • The Biden administration-backed infrastructure bill cleared another key hurdle as the Senate voted to advance it late on Wednesday.
  • 07/30/2021

P.A.M. Transportation Services, Inc. Commences Self Tender Offer To Purchase Up To 200,000 Shares On A Stock Split-Adjusted Basis

  • TONTITOWN, AR / ACCESSWIRE / July 27, 2021 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) (the 'Company') today announced the commencement of a modified 'Dutch auction' tender offer to purchase up to 200,000 shares (as adjusted for the Company's previously announced 2-for-1 forward split of its common stock in the form of a 100% stock dividend payable on August 16, 2021, to stockholders of record on July 30, 2021 (the 'Stock Split')), or about 1.7%, of its outstanding common stock at a price of not less than $32.00 and not more than $37.00 per share (as adjusted for the Stock Split).
  • 07/27/2021

P.A.M. Transportation's Q2 results show strength in TL market

  • P.A.M. Transportation Services (NASDAQ: PTSI) announced second-quarter 2021 net income of $15.3 million after the market close Wednesday. The result reflected a sharp turnaround from the year-ago quarter during which the company recorded an $800,000 loss as the auto manufacturing sector, from which it generates roughly half of its revenue, was shut down due to COVID protocols.
  • 07/14/2021

P.A.M. Transportation Services, Inc. Reports Record Results, Announces Stock Split

  • TONITOWN, AR / ACCESSWIRE / July 14, 2021 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) today reported net income of $15.3 million, or diluted earnings per share of $2.66, for the quarter ended June 30, 2021, and net income of $27.3 million, or diluted earnings per share of $4.74, for the six-month period then ended.
  • 07/14/2021

7 Best Hidden Gem Stocks That Are Flying Under the Radar

  • While the wildly speculative market has pushed up several names, you can still benefit to the upside with these hidden gem stocks. The post 7 Best Hidden Gem Stocks That Are Flying Under the Radar appeared first on InvestorPlace.
  • 06/17/2021

A Trio of Stocks With Low 12-Month and Forward PEG Ratios

  • When looking for bargain opportunities, investors may want to consider the following three securities, as they seem underestimated by the market. Their trailing 12-month and forward price-earnings to growth (PEG) ratios trade below 1.5, which, as of May 20, approximately matches the S&P 500's historical mean value.
  • 05/21/2021

Trucking's tailwinds evident in first quarter

  • Trends so far during the first-quarter earnings season are supportive of truckload carriers posting sizable growth in 2021. February's severe winter storms had many analysts lowering estimates for the quarter heading into the print.
  • 04/27/2021

P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2021

  • TONTITOWN, AR / ACCESSWIRE / April 21, 2021 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) today reported net income of $11.9 million, or diluted earnings per share of $2.08 ($2.09 basic), for the quarter ended March 31, 2021.
  • 04/21/2021

Should Value Investors Buy P.A.M. Transportation (PTSI) Stock?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 03/05/2021

Scoop Up Big Gains With 5 Stocks Enjoying Rising Cash Flows

  • Cash offers strength, vitality and flexibility to make investment decisions as well as the fuel to run its growth engine.
  • 03/04/2021

5 Top-Ranked Value Stocks to Grab Today

  • Consider these factors before jumping into value stocks.
  • 02/11/2021

4 Stocks to Watch as Trucking Sector Continues to Rebound

  • The U.S. trucking industry seems poised to continue its recovery in 2021 as truck loadings look set to increase, making it prudent to keep an eye on names like ArcBest (ARCB) and PACCAR (PCAR)
  • 02/04/2021

Where Are Trucking Stocks Headed in 2021?

  • 2021 promises to be a good year for trucking stocks, so people should stay invested.
  • 01/19/2021

P.A.M. Transportation (PTSI) Catches Eye: Stock Jumps 5.4%

  • P.A.M. Transportation (PTSI) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
  • 01/13/2021

5 Top-Ranked Small Hidden Gems With Strong Upside in 2021

  • We have narrowed down our search to five small cap stocks that have strong growth potential for 2021. These are: SCHL, SCHN, RYI, PTSI, VIVO.
  • 01/07/2021

Is P.A.M. Transportation (PTSI) a Great Value Stock Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 12/25/2020
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