Stock events for PAMT Corp. (PAMT)
PAMT Corp.'s stock price has declined by 20.73% in the past six months, but saw a positive return of 4.70% in the last three months, with a 3.86% decrease in the last month and a 0.55% decrease in the last five days. The company experienced a substantial net loss in Q4 2024, including a one-time depreciation adjustment and equipment valuation impairment. Consolidated revenue also declined by 7.6% year-over-year. The company's President and CEO, Joe Vitiritto, announced his resignation in Q1 2025 amidst ongoing financial difficulties.
Demand Seasonality affecting PAMT Corp.’s stock price
Information regarding the specific demand seasonality for PAMT Corp.'s products and services is not available in the provided search results. As a truckload transportation and logistics company, demand for its services could generally be influenced by broader economic cycles, consumer spending patterns, and manufacturing output, which often exhibit seasonal fluctuations. However, no specific details for PAMT Corp. were found.
Overview of PAMT Corp.’s business
PAMT Corp., formerly P.A.M. Transportation Services, Inc., is a truckload transportation and logistics company founded in 1980 and headquartered in Tontitown, Arkansas. It operates through its subsidiaries, providing truckload dry van carrier services for general commodities, brokerage, and logistics services. As of December 31, 2024, PAMT Corp. operated a fleet of 2,222 trucks and 8,703 trailers.
PAMT’s Geographic footprint
PAMT Corp. operates throughout the continental United States, as well as in the Canadian provinces of Ontario and Quebec. The company also provides transportation services in Mexico through its gateways in Laredo and El Paso, Texas.
PAMT Corporate Image Assessment
Information specifically detailing PAMT Corp.'s brand reputation in the past year is not readily available. However, the financial struggles and leadership change, including a substantial net loss in Q4 2024 and the CEO's resignation in Q1 2025, could potentially impact the company's reputation within the industry and among investors. The consistent operating losses in its truckload segment also suggest operational challenges that could affect its standing.
Ownership
As of the available data, 74.10% of PAMT Corp.'s shares are held by insider shareholders, and 22.06% by institutional shareholders.
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$10.07