Stephens Cuts Pamt (NASDAQ:PAMT) Price Target to $16.50

Pamt (NASDAQ:PAMTFree Report) had its price objective cut by Stephens from $19.00 to $16.50 in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

Pamt Stock Down 0.5 %

Shares of NASDAQ:PAMT opened at $13.56 on Tuesday. The company has a quick ratio of 1.78, a current ratio of 1.80 and a debt-to-equity ratio of 0.74. Pamt has a fifty-two week low of $13.14 and a fifty-two week high of $23.70. The stock has a market cap of $295.34 million, a P/E ratio of -9.29 and a beta of 1.22.

Pamt (NASDAQ:PAMTGet Free Report) last posted its earnings results on Tuesday, February 11th. The company reported ($0.36) earnings per share (EPS) for the quarter. Pamt had a negative net margin of 4.45% and a negative return on equity of 2.58%. As a group, analysts expect that Pamt will post 0.85 EPS for the current fiscal year.

Pamt Company Profile

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PAMT Corp. is a holding company, which engages in the provision of truckload and logistics services through its subsidiaries. Its freight consists primarily of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units.

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