PAM Transportation Services (NASDAQ: PTSI – Get an Assessment) had its price target reduced by Stephens stock analysts from $42.50 to $40.00 in a report on Friday, reports The Fly. Stephens’ price target indicates a potential upside of 22.77% from the company’s current price.

PTSI has been the subject of a number of other research reports. StockNews.com assumed coverage of PAM transportation services in a report Thursday. They established a “Strong Buy” rating for the company. Zacks Investment Research upgraded PAM Transportation Services from a “hold” rating to a “buy” rating and set a target price of $49.33 for the company in a Tuesday, March 8 research report.

Shares of PTSI were down $2.17 during Friday trading hours, hitting $32.58. The stock had a trading volume of 295 shares, compared to an average volume of 57,036. PAM Transportation Services has a 12-month low of $12.94 and a 12-month high of $40.88. The company has a 50-day simple moving average of $52.02 and a 200-day simple moving average of $44.70. The company has a current ratio of 1.79, a quick ratio of 1.78 and a debt ratio of 0.80. The company has a market capitalization of $362.68 million, a price-earnings ratio of 4.85 and a beta of 1.51.

PAM Transportation Services (NASDAQ:PTSI – Get Rating) last released quarterly earnings data on Wednesday, January 19. The transportation company reported earnings per share of $1.90 for the quarter. The company posted revenue of $213.91 million for the quarter. PAM Transportation Services achieved a return on equity of 43.43% and a net margin of 10.82%. On average, stock analysts expect PAM Transportation Services to post 8 EPS for the current year.

Hedge funds and other institutional investors have recently increased or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its stake in shares of PAM Transportation Services by 22.2% during the fourth quarter. BNP Paribas Arbitrage SA now owns 1,431 shares of the transport company valued at $102,000 after buying an additional 260 shares last quarter. Horrell Capital Management Inc. increased its position in shares of PAM Transportation Services by 0.5% during the fourth quarter. Horrell Capital Management Inc. now owns 59,280 shares of the transportation company worth $4,209,000 after buying 286 additional shares last quarter. Citigroup Inc. increased its position in shares of PAM Transportation Services by 100.2% during the fourth quarter. Citigroup Inc. now owns 873 shares of the transportation company worth $62,000 after buying 437 more shares in the last quarter. Morgan Stanley increased its stake in PAM Transportation Services by 121.9% during the third quarter. Morgan Stanley now owns 881 shares of the transportation company valued at $39,000 after buying an additional 484 shares last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in PAM Transportation Services by 20.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 4,869 shares of the transportation company valued at $257,000 after buying 836 additional shares last quarter. 22.63% of the shares are currently held by hedge funds and other institutional investors.

About PAM Transport Services (Get a rating)

PAM Transportation Services, Inc. is a holding company that provides truckload and logistics services. It offers dedicated, dry, expedited, international and logistics solutions. Its freight consists of auto parts, shipped products, consumer goods and manufactured goods, such as heating and air conditioning units and general retail store merchandise.

Further reading

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in PAM Transportation Services right now?

Before you consider PAM transportation services, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and PAM Transportation Services was not on the list.

Although PAM Transportation Services currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here