Proficient Auto Logistics (PAL) Expected to Announce Earnings on Friday

Proficient Auto Logistics (NASDAQ:PAL) is expected to post its quarterly earnings results before the market opens on Friday, February 28th. Analysts expect Proficient Auto Logistics to post earnings of $0.01 per share and revenue of $95.00 million for the quarter.

Proficient Auto Logistics Stock Up 2.2 %

Proficient Auto Logistics stock opened at $10.82 on Wednesday. Proficient Auto Logistics has a fifty-two week low of $7.24 and a fifty-two week high of $21.01. The firm’s 50-day simple moving average is $9.50 and its 200 day simple moving average is $11.93. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.25 and a current ratio of 1.25.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Stifel Nicolaus cut their price target on shares of Proficient Auto Logistics from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. Barrington Research restated an “outperform” rating and set a $15.00 price target on shares of Proficient Auto Logistics in a report on Wednesday, February 12th.

Proficient Auto Logistics Company Profile

Proficient Auto Logistics, Inc focuses on providing auto transportation and logistics services in North America. It primarily focuses on transporting and delivering finished vehicles from automotive production facilities, ports of entry, and rail yards to a network of automotive dealerships. The company operates approximately 1,130 auto transport vehicles and trailers, including 615 company-owned transport vehicles and trailers.