Institutional Investors Hate on Pam Transportation Services Inc Dropped

P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) Logo

Sentiment for Pam Transportation Services Inc (NASDAQ:PTSI)

Pam Transportation Services Inc (NASDAQ:PTSI) institutional sentiment decreased to 0.86 in 2018 Q4. Its down -0.77, from 1.63 in 2018Q3. The ratio has worsened, as 18 hedge funds opened new or increased positions, while 21 reduced and sold stock positions in Pam Transportation Services Inc. The hedge funds in our partner’s database now possess: 1.56 million shares, down from 1.62 million shares in 2018Q3. Also, the number of hedge funds holding Pam Transportation Services Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 8 Reduced: 13 Increased: 15 New Position: 3.

P.A.M. Transportation Services, Inc., through its subsidiaries, operates as a truckload transportation and logistics firm in the United States, Canada, and Mexico. The company has market cap of $309.23 million. The firm is involved in the transportation of general commodities. It has a 10.27 P/E ratio. The Company’s freight primarily consists of automotive parts; expedited goods; and consumer goods, including general retail store merchandise, and manufactured goods, such as heating and air conditioning units.

The stock increased 7.68% or $3.73 during the last trading session, reaching $52.24. About 373 shares traded. P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) has risen 42.65% since May 8, 2018 and is uptrending. It has outperformed by 38.28% the S&P500.

Analysts await P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) to report earnings on July, 24. They expect $1.35 earnings per share, up 19.47 % or $0.22 from last year’s $1.13 per share. PTSI’s profit will be $7.99M for 9.67 P/E if the $1.35 EPS becomes a reality. After $0.99 actual earnings per share reported by P.A.M. Transportation Services, Inc. for the previous quarter, Wall Street now forecasts 36.36 % EPS growth.

Pacific Ridge Capital Partners Llc holds 1.49% of its portfolio in P.A.M. Transportation Services, Inc. for 113,017 shares. Horrell Capital Management Inc. owns 31,029 shares or 0.65% of their US portfolio. Moreover, Nj State Employees Deferred Compensation Plan has 0.07% invested in the company for 9,000 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.03% in the stock. Renaissance Technologies Llc, a New York-based fund reported 396,074 shares.

More notable recent P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) news were published by: Nasdaq.com which released: “Mid-Day Market Update: Boxlight Jumps After Q4 Results; ENDRA Life Sciences Shares Plunge – Nasdaq” on March 29, 2019, also Investorplace.com with their article: “Hottest Transportation Stocks Now – DAC SHIP ERA GOGL – Investorplace.com” published on September 08, 2016, Investorplace.com published: “Biggest Movers in Transportation Stocks Now – SBSA TAC TGP NSH – Investorplace.com” on November 18, 2016. More interesting news about P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) were released by: Globenewswire.com and their article: “P.A.M. Transportation Services, Inc. Announces New Board Member – GlobeNewswire” published on January 30, 2019 as well as Seekingalpha.com‘s news article titled: “Spectrum Of Momentum Stocks Dominating The Early Returns For January – Seeking Alpha” with publication date: January 11, 2019.

P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) Institutional Positions Chart

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