Pangaea Logistics Solutions Ltd. (PANL)
| Market Cap | 302.72M |
| Revenue (ttm) | 784.89M |
| Net Income (ttm) | 81.54M |
| Shares Out | 46.01M |
| EPS (ttm) | 1.82 |
| PE Ratio | 3.62 |
| Forward PE | n/a |
| Dividend | $0.25 (3.72%) |
| Ex-Dividend Date | May 31, 2022 |
| Volume | 735,360 |
| Open | 6.20 |
| Previous Close | 6.20 |
| Day's Range | 6.00 - 6.65 |
| 52-Week Range | 3.42 - 6.68 |
| Beta | 0.60 |
| Analysts | Buy |
| Price Target | 7.31 (+11.1%) |
| Earnings Date | May 10, 2022 |
About PANL
Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. P...
Financial Performance
In 2021, PANL's revenue was $718.10 million, an increase of 87.55% compared to the previous year's $382.90 million. Earnings were $67.23 million, an increase of 492.19%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for PANL stock is "Buy." The 12-month stock price forecast is 7.31, which is an increase of 11.09% from the latest price.
News
Pangaea Logistics Solutions Ltd. (PANL) Soars to 52-Week High, Time to Cash Out?
Pangaea Logistics (PANL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Bet on These 3 Low-Beta Stocks to Sail Through a Choppy Market
It is imperative to build a portfolio of low-beta stocks to combat a choppy market. Chesapeake (CHK), Renewable Energy (REGI) and Pangaea Logistics (PANL) are well poised to gain.
5 Small Hidden Gems Flying High Despite Market's Bloodbath
We have narrowed our search to five small cap stocks that have provided double digit returns year to date. These : HDSN, SBOW, PANL, IPI and CVEO.
3 Low P/E Stocks Displaying Attractive Earnings Growth
All three companies sport the highly coveted Zacks Rank #1 (Strong Buy), have solid dividend yields, low forward earnings multiples, and strong projected earnings growth.
Are You Looking for a Top Momentum Pick? Why Pangaea Logistics (PANL) is a Great Choice
Does Pangaea Logistics (PANL) have what it takes to be a top stock pick for momentum investors? Let's find out.
5 Stocks With Recent Price Strength Amid Severe Market Downturn
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are GFF, HDSN, ULH, PANL and HURN.
Here's What Is Driving Shipping Stocks Right Now
Shipping stocks are really hot right now.
Best Momentum Stocks to Buy for May 16th
BBSI, DDS and PANL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 16, 2022.
Best Value Stocks to Buy for May 16th
PANL, WSM, and FNKO made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 16, 2022.
New Strong Buy Stocks for May 16th
DDS, PANL, SOI, WSM, and FNKO have been added to the Zacks Rank #1 (Strong Buy) List on May 16, 2022.
Should Value Investors Buy Pangaea Logistics Solutions (PANL) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Pangaea Logistics (PANL) Beats Q1 Earnings Estimates
Pangaea Logistics (PANL) delivered earnings and revenue surprises of 9.38% and 0.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Pangaea Logistics Solutions Ltd. Reports Record Financial Results for the Quarter Ended March 31, 2022
NEWPORT, R.I. , May 10, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. Hires New Vice President of Business Development - Ports & Logistics
NEWPORT, R.I. , May 9, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
What's in Store for Pangaea Logistics (PANL) in Q1 Earnings?
High fuel costs are likely to have hurt Pangaea Logistics' (PANL) Q1 bottom-line performance.
Best Value Stocks to Buy for May 4th
PANL, GASS, and PATK made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 4, 2022.
Best Income Stocks to Buy for May 4th
UVE, BKE, and PANL made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 4, 2022.
Pangaea Logistics Solutions Ltd. to Report First Quarter 2022 Results
NEWPORT, R.I. , May 3, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Are Investors Undervaluing Pangaea Logistics Solutions (PANL) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Why Transportation Stocks Are Still Attractive
MATX, NPNYY, PANL, R, USAK are strong buys in a sector that still remains hot.
Pangaea Logistics (PANL) Could Find Support Soon, Here's Why You Should Buy the Stock Now
After losing some value lately, a hammer chart pattern has been formed for Pangaea Logistics (PANL), indicating that the stock has found support. This, combined with an upward trend in earnings estimate...
Pangaea Logistics Solutions Ltd. Appoints Karen H.
NEWPORT, R.I. , March 29, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Buy These 4 Low-Beta Stocks to Combat the Choppy Market
It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Meridian (VIVO), OP Bancorp (OPBK), ICU Medical (ICUI) and Pangaea Logistics (PANL) are well poised to gain.
Pangaea Logistics (PANL) Q4 Earnings and Revenues Top Estimates
Pangaea Logistics (PANL) delivered earnings and revenue surprises of 33.33% and 23.56%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?