Pangaea Logistics Solutions Ltd. - Common Stock (PANL)
4.2350
+0.0450 (1.07%)
NASDAQ · Last Trade: Apr 16th, 12:59 PM EDT
Detailed Quote
Previous Close
4.190
Open
4.200
Bid
4.230
Ask
4.240
Day's Range
4.150 - 4.250
52 Week Range
3.930 - 8.320
Volume
67,973
Market Cap
193.17M
PE Ratio (TTM)
6.831
EPS (TTM)
0.6
Dividend & Yield
0.4000 (9.45%)
1 Month Average Volume
311,730
Chart
About Pangaea Logistics Solutions Ltd. - Common Stock (PANL)
Pangaea Logistics Solutions is a global provider of transportation services, primarily focusing on the logistics and delivery of temperature-sensitive and bulk cargoes. The company operates a diverse fleet of vessels and engages in shipping, logistics, and marine transportation solutions, facilitating the movement of goods for various industries, including food and agriculture. With a commitment to efficiency and sustainability, Pangaea leverages its expertise in maritime operations to optimize supply chains, ensuring timely and reliable delivery while navigating complex global trade routes. Read More
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Genco (NYSE:GNK) and its peers.
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The stocks we're examining today have all touched their 52-week lows, creating a classic investor's dilemma: bargain opportunity or value trap?
Pangaea’s stock price has taken a beating over the past six months, shedding 37% of its value and falling to $4.24 per share. This might have investors contemplating their next move.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at marine transportation stocks, starting with Scorpio Tankers (NYSE:STNG).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how marine transportation stocks fared in Q4, starting with Pangaea (NASDAQ:PANL).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at marine transportation stocks, starting with Kirby (NYSE:KEX).
Shares of pangaea Logistics (NASDAQ:PANL)
jumped 15.5% in the morning session after the company reported impressive fourth quarter 2024 results, which blew past analysts' sales and EBITDA estimates.
Pangaea Logistics (NASDAQ:PANL) announced better-than-expected revenue in Q4 CY2024, with sales up 11.6% year on year to $147.2 million. Its non-GAAP profit of $0.16 per share was 5.9% below analysts’ consensus estimates.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
Over the past six months, Pangaea’s shares (currently trading at $5.34) have posted a disappointing 17.7% loss, well below the S&P 500’s 16.9% gain. This might have investors contemplating their next move.
Let’s dig into the relative performance of Scorpio Tankers (NYSE:STNG) and its peers as we unravel the now-completed Q3 marine transportation earnings season.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Matson (NYSE:MATX) and its peers.
Looking back on marine transportation stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Kirby (NYSE:KEX) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at marine transportation stocks, starting with Pangaea (NASDAQ:PANL).
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Genco (NYSE:GNK) and its peers.
Pangaea Logistics (NASDAQ:PANL) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 12.9% year on year to $153.1 million. Its non-GAAP profit of $0.24 per share was 12.2% below analysts’ consensus estimates.
Halper Sadeh LLC, an investor rights law firm, is investigating whether Pangaea Logistics Solutions Ltd.’s (NASDAQ: PANL) acquisition of 100% ownership in fifteen handy-size vessels is fair to Pangaea shareholders. The fifteen handy-size vessels have a total net asset value of $193 million. As consideration for the vessels, Pangaea will issue approximately 19.0 million of new common shares to the vessels owners.
PANL stock results show that Pangaea Logistics Solns missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
PANL stock results show that Pangaea Logistics Solns beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
