Headlines about Pangaea Logistics Solutions (NASDAQ:PANL) have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pangaea Logistics Solutions earned a media sentiment score of 1.00 on their scale. InfoTrie also gave media coverage about the shipping company an news buzz score of 5 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have effected Pangaea Logistics Solutions’ score:
- Pangaea Logistics: 3Q Earnings Snapshot (finance.yahoo.com)
- Pangaea Logistics (PANL) Q3 Earnings and Revenues Miss Estimates (finance.yahoo.com)
- EARNINGS SUMMARY: Details of Pangaea Logistics Solutions Ltd. Q3 Earnings Report (markets.businessinsider.com)
- Pangaea Logistics Solutions (PANL) Reports Q3 EPS of $0.19 (streetinsider.com)
- Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended September 30, 2018 (finance.yahoo.com)
Several research analysts have commented on the company. TheStreet upgraded Pangaea Logistics Solutions from a “c” rating to a “b-” rating in a research note on Friday, August 31st. Zacks Investment Research downgraded Pangaea Logistics Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, October 24th. Finally, Noble Financial restated a “buy” rating and issued a $5.50 target price on shares of Pangaea Logistics Solutions in a research note on Wednesday, September 5th.
NASDAQ:PANL opened at $3.42 on Friday. Pangaea Logistics Solutions has a twelve month low of $2.13 and a twelve month high of $8.40. The stock has a market capitalization of $149.38 million, a price-to-earnings ratio of 9.00 and a beta of 0.31. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.17 and a current ratio of 1.41.
Pangaea Logistics Solutions (NASDAQ:PANL) last released its quarterly earnings results on Friday, November 9th. The shipping company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). Pangaea Logistics Solutions had a net margin of 5.53% and a return on equity of 10.42%. The business had revenue of $95.35 million during the quarter, compared to analysts’ expectations of $120.45 million. As a group, research analysts expect that Pangaea Logistics Solutions will post 0.52 earnings per share for the current fiscal year.
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Pangaea Logistics Solutions Company Profile
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, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone.
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