PAL

Proficient Auto Logistics
PAL

$17.90

0.61%

Market Cap: $465M

About: Proficient Auto Logistics Inc is a non-union, specialized freight company focused on providing auto transportation and logistics services. The company operates auto transportation fleets in North America based upon information obtained from the Auto Haulers Association of America, utilizing auto transport vehicles and trailers daily, including Company-owned transport vehicles and trailers. The reportable segments of the company are Truckload and Brokerage. The company derives maximum revenue from the brokerage segment that retains the customer relationship, including billing and collection, and outsources the transportation of the loads to third-party carriers.

Employees: 650

Industrials Transportation Services

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

56.62% more ownership

Funds ownership: 0% [Q1] → 56.62% (+56.62%) [Q2]

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$21

17%

upside

Avg. target

$22

20%

upside

High target

$22

23%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Raymond James Patrick Tyler Brown 70% 1-year accuracy 32 / 46 met price target	17%upside $21	Outperform Maintained	12 Aug 2024
Barrington Research Alexander Paris 72% 1-year accuracy 63 / 88 met price target	23%upside $22	Outperform Initiated	17 Jul 2024

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Financial journalist opinion

Proficient Auto Logistics Reports Second Quarter 2024 Financial Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) today reported its financial results for the three months ended June 30, 2024, for Proficient Auto Logistics, Inc. (“Proficient”, or the “Company”), Proficient Auto Transport, Inc. (“Proficient Transport”, or “Predecessor”) and for the five Founding Companies on a combined basis. Second Quarter Highlights (all on a combined basis compared to second quarter 2023) Total Operating Revenue of $106.6 million, an incre.

Proficient Auto Logistics Reports Second Quarter 2024 Financial Results

Proficient Auto Logistics Announces Timing of Second Quarter 2024 Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company”) today announced that the Company will issue its second quarter 2024 financial results on Friday, August 9, 2024 at approximately 8:00 a.m. EDT. The release will be followed by an investor conference call at 9:00 a.m. EDT to discuss the results. The Company invites investors to join the investor conference call by registering through this link: https://register.vevent.com/register/BI90b130544470456.

Proficient Auto Logistics Announces Timing of Second Quarter 2024 Earnings Release

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Proficient Auto Logistics Reports First Quarter 2024 Financial Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) today reported the financial results for the three months ended March 31, 2024 for Proficient Auto Logistics, Inc. (“Proficient”), Proficient Auto Transport, Inc. (“Proficient Transport”) and for the five Founding Companies (as defined below) on a combined basis. On May 13, 2024, Proficient completed the initial public offering (the “IPO”) of its common stock. Prior to the IPO, Proficient had entered into agreeme.

Proficient Auto Logistics Reports First Quarter 2024 Financial Results

Proficient Auto Logistics Announces Timing of First Quarter 2024 Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company”) today announced that the Company will issue its first quarter 2024 financial results on Tuesday, June 18, 2024 at approximately 8:00 a.m. EDT. The release will be followed by an investor conference call at 9:00 a.m. EDT to discuss the results. The Company invites investors to join the investor conference call by registering through this link: https://register.vevent.com/register/BIdd40ce9adc75493a.

Proficient Auto Logistics Announces Timing of First Quarter 2024 Earnings Release

Proficient Auto Logistics Announces Partial Exercise of IPO Over-Allotment Option

JACKSONVILLE, Fla.--(BUSINESS WIRE)--As previously announced, in connection with its initial public offering (“IPO”), Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company”) granted the underwriters of its IPO a customary 30-day over-allotment option to buy up to an additional 2,149,999 shares of common stock from the Company at the IPO price, less underwriting discounts and commissions. The Company today announced the sale of 1,435,000 shares of its common stock pursuant to the partial e.

Proficient Auto Logistics Announces Partial Exercise of IPO Over-Allotment Option

Proficient Auto Logistics: Many Questions For This Automotive Logistics IPO

Proficient Auto Logistics is a non-union specialized freight company formed from the merger of five leading auto logistics companies. PAL operates one of the largest auto transportation fleets in North America, serving well-known brands and dealerships. The IPO generated gross proceeds of $215 million, but the pro forma earnings implications are uncertain due to the combination of five firms.

Proficient Auto Logistics: Many Questions For This Automotive Logistics IPO

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PAL Stock: 7 Things to Know as Proficient Auto Logistics Starts Trading Today

Proficient Auto Logistics (NASDAQ:PAL) stock is a hot topic on Thursday as the auto transportation and logistics services company's shares start trading today. Let's get into everything investors need to know about PAL stock now that it's trading on a public exchange!

PAL Stock: 7 Things to Know as Proficient Auto Logistics Starts Trading Today

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