P.A.M. Transportation Services, Inc. Aktie News

TONTITOWN, Ark.--(BUSINESS WIRE)--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 550,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Wednesday, May 22, 2024. Based on the preliminary count by Computershare Trust Company,...

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,...

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 ...

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 ...

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 ...

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.

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 en...

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 compan...