Quarterly earnings are set for release on February 14, 2025, with an estimated EPS of $0.03 and projected revenue of $95.1 million.
Operating revenue for Q4 2024 was $95.1 million, a 4% increase from the previous quarter but a 15.9% decrease year-over-year.
Financial metrics reveal a P/E ratio of 69.56, a price-to-sales ratio of 1.29, and an enterprise value to sales ratio of 1.59.
Proficient Auto Logistics, Inc. (NASDAQ: PAL) is a company that specializes in the transportation and logistics of automotive products. As a key player in the logistics industry, PAL competes with other major logistics companies, focusing on efficient and reliable delivery services. The company is set to release its quarterly earnings on February 14, 2025, with Wall Street estimating an earnings per share of $0.03 and projected revenue of $95.1 million.
In its preliminary financial results for the fourth quarter of 2024, PAL reported an operating revenue of $95.1 million. This figure represents a 4% increase from the previous quarter, although it is a 15.9% decrease compared to the same period in 2023. Despite the decline, the company managed to improve its operating loss to $1.9 million from $2.2 million in the third quarter, though it fell short of the $9.4 million operating income achieved in the fourth quarter of 2023.
The adjusted operating income for PAL stood at $1.7 million, up from $1.1 million in the third quarter. However, this is still a decrease from the $9.4 million recorded in the fourth quarter of 2023. The adjusted operating ratio improved slightly to 98.3% from 98.8% in the previous quarter, but it remains higher than the 91.7% seen in the same period of the previous year. The company delivered 521,476 units, marking a 4% increase from the third quarter but a 4% decrease from the fourth quarter of 2023.
PAL’s financial metrics reveal a price-to-earnings (P/E) ratio of 69.56, indicating that investors are willing to pay $69.56 for every dollar of earnings. The price-to-sales ratio is 1.29, suggesting the stock is valued at 1.29 times its sales. The enterprise value to sales ratio is 1.59, reflecting the company’s total valuation relative to its sales. The enterprise value to operating cash flow ratio is 26.68, showing how many times the operating cash flow can cover the enterprise value.
The company’s earnings yield is 1.44%, representing the percentage of each dollar invested in the stock that was earned by the company. With a debt-to-equity ratio of 0.25, PAL maintains a relatively low level of debt compared to its equity. The current ratio of 1.25 indicates that the company has a reasonable level of liquidity to cover its short-term liabilities, as highlighted by Rick O’Dell, the CEO, who noted the company’s ability to navigate through challenges during this period.
