Proficient Auto Logistics (PAL)

• Market cap: $276M
• 1 day: -0.20%
• 5 days: 2.10%
• 1 month: 13.94%
• 3 months: 2.92%
• 6 months: -44.52%
• Year to date: 25.86%
• 1 year: -30.71%
• 5 years: -30.71%
• 10 years: -30.71%
• Sector: Industrials
• Industry: Transportation Services

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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

322% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 9

62% more funds holding

Funds holding: 45 [Q2] → 73 (+28) [Q3]

3.14% less ownership

Funds ownership: 57.98% [Q2] → 54.83% (-3.14%) [Q3]

14% less capital invested

Capital invested by funds: $243M [Q2] → $209M (-$33.6M) [Q3]

21% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 19

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

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

• Low target: $15 47% upside
• Avg. target: $15 47% upside
• High target: $15 47% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Alexander Paris 77% 1-year accuracy 85 / 110 met price target

47% upside $15

Outperform Maintained

12 Nov 2024