Latest news with #MarkFilanowski
Yahoo
13-05-2025
- Business
- Yahoo
Pangaea (NASDAQ:PANL) Reports Sales Below Analyst Estimates In Q1 Earnings
Pangaea Logistics (NASDAQ:PANL) missed Wall Street's revenue expectations in Q1 CY2025, but sales rose 17.2% year on year to $122.8 million. Its non-GAAP loss of $0.03 per share was 74.3% above analysts' consensus estimates. Is now the time to buy Pangaea? Find out in our full research report. Revenue: $122.8 million vs analyst estimates of $128.5 million (17.2% year-on-year growth, 4.4% miss) Adjusted EPS: -$0.03 vs analyst estimates of -$0.12 (74.3% beat) Adjusted EBITDA: $14.77 million vs analyst estimates of $9.24 million (12% margin, 59.9% beat) Operating Margin: 2.4%, down from 10.5% in the same quarter last year Free Cash Flow was -$4.76 million, down from $8.80 million in the same quarter last year Market Capitalization: $263.2 million "We showed disciplined execution during the first quarter, maintaining our cargo-focused strategy and delivering consistent premium TCE rates supported by our portfolio of long-term contracts," stated Mark Filanowski, Chief Executive Officer of Pangaea Logistics Solutions. Established in 1996, Pangaea Logistics (NASDAQ:PANL) specializes in global logistics and transportation services, focusing on the shipment of dry bulk cargoes. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Unfortunately, Pangaea's 5.3% annualized revenue growth over the last five years was tepid. This was below our standard for the industrials sector and is a rough starting point for our analysis. Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. Pangaea's performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 5.5% annually. Pangaea isn't alone in its struggles as the Marine Transportation industry experienced a cyclical downturn, with many similar businesses observing lower sales at this time. This quarter, Pangaea's revenue grew by 17.2% year on year to $122.8 million but fell short of Wall Street's estimates. Looking ahead, sell-side analysts expect revenue to grow 10.5% over the next 12 months, an improvement versus the last two years. This projection is noteworthy and implies its newer products and services will fuel better top-line performance. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Pangaea has managed its cost base well over the last five years. It demonstrated solid profitability for an industrials business, producing an average operating margin of 10.8%. This result was particularly impressive because of its low gross margin, which is mostly a factor of what it sells and takes huge shifts to move meaningfully. Companies have more control over their operating margins, and it's a show of well-managed operations if they're high when gross margins are low. Analyzing the trend in its profitability, Pangaea's operating margin might fluctuated slightly but has generally stayed the same over the last five years. This raises questions about the company's expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. This quarter, Pangaea generated an operating profit margin of 2.4%, down 8.1 percentage points year on year. Since Pangaea's gross margin decreased more than its operating margin, we can assume its recent inefficiencies were driven more by weaker leverage on its cost of sales rather than increased marketing, R&D, and administrative overhead expenses. Revenue trends explain a company's historical growth, but the change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Sadly for Pangaea, its EPS declined by more than its revenue over the last two years, dropping 44.8%. This tells us the company struggled because its fixed cost base made it difficult to adjust to shrinking demand. Diving into the nuances of Pangaea's earnings can give us a better understanding of its performance. Pangaea's operating margin has declined by 4.4 percentage points over the last two yearswhile its share count has grown 41.5%. This means the company not only became less efficient with its operating expenses but also diluted its shareholders. In Q1, Pangaea reported EPS at negative $0.03, down from $0.14 in the same quarter last year. Despite falling year on year, this print easily cleared analysts' estimates. Over the next 12 months, Wall Street expects Pangaea's full-year EPS of $0.48 to grow 12.8%. We were impressed by how significantly Pangaea blew past analysts' EPS and EBITDA expectations this quarter. On the other hand, its revenue missed significantly. Overall, we think this was a decent quarter with some key metrics above expectations. The market seemed to be hoping for more, and the stock traded down 3.5% to $4.27 immediately after reporting. Should you buy the stock or not? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free.
Yahoo
12-05-2025
- Business
- Yahoo
Pangaea (NASDAQ:PANL) Reports Sales Below Analyst Estimates In Q1 Earnings
Pangaea Logistics (NASDAQ:PANL) missed Wall Street's revenue expectations in Q1 CY2025, but sales rose 17.2% year on year to $122.8 million. Its non-GAAP loss of $0.03 per share was 74.3% above analysts' consensus estimates. Is now the time to buy Pangaea? Find out in our full research report. Revenue: $122.8 million vs analyst estimates of $128.5 million (17.2% year-on-year growth, 4.4% miss) Adjusted EPS: -$0.03 vs analyst estimates of -$0.12 (74.3% beat) Adjusted EBITDA: $14.77 million vs analyst estimates of $9.24 million (12% margin, 59.9% beat) Operating Margin: 2.4%, down from 10.5% in the same quarter last year Free Cash Flow was -$4.76 million, down from $8.80 million in the same quarter last year Market Capitalization: $263.2 million "We showed disciplined execution during the first quarter, maintaining our cargo-focused strategy and delivering consistent premium TCE rates supported by our portfolio of long-term contracts," stated Mark Filanowski, Chief Executive Officer of Pangaea Logistics Solutions. Established in 1996, Pangaea Logistics (NASDAQ:PANL) specializes in global logistics and transportation services, focusing on the shipment of dry bulk cargoes. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Unfortunately, Pangaea's 5.3% annualized revenue growth over the last five years was tepid. This was below our standard for the industrials sector and is a rough starting point for our analysis. Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. Pangaea's performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 5.5% annually. Pangaea isn't alone in its struggles as the Marine Transportation industry experienced a cyclical downturn, with many similar businesses observing lower sales at this time. This quarter, Pangaea's revenue grew by 17.2% year on year to $122.8 million but fell short of Wall Street's estimates. Looking ahead, sell-side analysts expect revenue to grow 10.5% over the next 12 months, an improvement versus the last two years. This projection is noteworthy and implies its newer products and services will fuel better top-line performance. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Pangaea has managed its cost base well over the last five years. It demonstrated solid profitability for an industrials business, producing an average operating margin of 10.8%. This result was particularly impressive because of its low gross margin, which is mostly a factor of what it sells and takes huge shifts to move meaningfully. Companies have more control over their operating margins, and it's a show of well-managed operations if they're high when gross margins are low. Analyzing the trend in its profitability, Pangaea's operating margin might fluctuated slightly but has generally stayed the same over the last five years. This raises questions about the company's expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. This quarter, Pangaea generated an operating profit margin of 2.4%, down 8.1 percentage points year on year. Since Pangaea's gross margin decreased more than its operating margin, we can assume its recent inefficiencies were driven more by weaker leverage on its cost of sales rather than increased marketing, R&D, and administrative overhead expenses. Revenue trends explain a company's historical growth, but the change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Sadly for Pangaea, its EPS declined by more than its revenue over the last two years, dropping 44.8%. This tells us the company struggled because its fixed cost base made it difficult to adjust to shrinking demand. Diving into the nuances of Pangaea's earnings can give us a better understanding of its performance. Pangaea's operating margin has declined by 4.4 percentage points over the last two yearswhile its share count has grown 41.5%. This means the company not only became less efficient with its operating expenses but also diluted its shareholders. In Q1, Pangaea reported EPS at negative $0.03, down from $0.14 in the same quarter last year. Despite falling year on year, this print easily cleared analysts' estimates. Over the next 12 months, Wall Street expects Pangaea's full-year EPS of $0.48 to grow 12.8%. We were impressed by how significantly Pangaea blew past analysts' EPS and EBITDA expectations this quarter. On the other hand, its revenue missed significantly. Overall, we think this was a decent quarter with some key metrics above expectations. The market seemed to be hoping for more, and the stock traded down 3.5% to $4.27 immediately after reporting. Should you buy the stock or not? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-04-2025
- Business
- Yahoo
Unpacking Q4 Earnings: Pangaea (NASDAQ:PANL) In The Context Of Other Marine Transportation Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how marine transportation stocks fared in Q4, starting with Pangaea (NASDAQ:PANL). The growth of e-commerce and global trade continues to drive demand for shipping services, presenting opportunities for marine transportation companies. While ocean freight is more fuel efficient and therefore cheaper than its air and ground counterparts, it results in slower delivery times, presenting a trade off. To improve transit speeds, the industry continues to invest in digitization to optimize fleets and routes. However, marine transportation companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. Geopolitical tensions can also affect access to trade routes, and if certain countries are banned from using passageways like the Panama Canal, costs can spiral out of control. The 5 marine transportation stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 3.3%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.8% since the latest earnings results. Established in 1996, Pangaea Logistics (NASDAQ:PANL) specializes in global logistics and transportation services, focusing on the shipment of dry bulk cargoes. Pangaea reported revenues of $147.2 million, up 11.6% year on year. This print exceeded analysts' expectations by 15.6%. Overall, it was a strong quarter for the company with a solid beat of analysts' EBITDA estimates. "Our fourth quarter performance was a strong finish to a transformational year for Pangaea, one in which our strong base of long-term contracts and premium-rate model supported a greater than 18% year-over-year increase in Adjusted EBITDA, despite pronounced softness in the broader dry bulk market," stated Mark Filanowski, Chief Executive Officer of Pangaea Logistics Solutions. Pangaea achieved the biggest analyst estimates beat of the whole group. Investor expectations, however, were likely higher than Wall Street's published projections, leaving some wishing for even better results (analysts' consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 2.3% since reporting and currently trades at $4.75. Is now the time to buy Pangaea? Access our full analysis of the earnings results here, it's free. Founded by a Swedish orphan, Matson (NYSE:MATX) is a provider of ocean transportation and logistics services. Matson reported revenues of $890.3 million, up 12.9% year on year, outperforming analysts' expectations by 4.5%. The business had a very strong quarter with a solid beat of analysts' EBITDA estimates. Matson delivered the fastest revenue growth among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 10.3% since reporting. It currently trades at $126.81. Is now the time to buy Matson? Access our full analysis of the earnings results here, it's free. Operating one of the youngest fleets in the industry, Scorpio Tankers (NYSE: STNG) is an international provider of marine transportation services, specializing in the shipment of refined petroleum. Scorpio Tankers reported revenues of $192.1 million, down 42.5% year on year, falling short of analysts' expectations by 3.6%. It was a softer quarter as it posted a significant miss of analysts' adjusted operating income estimates. Scorpio Tankers delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 22% since the results and currently trades at $37.35. Read our full analysis of Scorpio Tankers's results here. Headquartered in NYC, Genco (NYSE:GNK) is a shipping company that transports dry bulk cargo along worldwide maritime routes. Genco reported revenues of $67.53 million, down 5.4% year on year. This number was in line with analysts' expectations. Aside from that, it was a mixed quarter as it also produced a decent beat of analysts' EBITDA estimates. The stock is down 8.6% since reporting and currently trades at $13.36. Read our full, actionable report on Genco here, it's free. Transporting goods along all U.S. coasts, Kirby (NYSE:KEX) provides inland and coastal marine transportation services. Kirby reported revenues of $802.3 million, flat year on year. This result met analysts' expectations. Zooming out, it was a slower quarter as it logged a miss of analysts' adjusted operating income estimates. The stock is down 5.8% since reporting and currently trades at $100.31. Read our full, actionable report on Kirby here, it's free. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
Yahoo
04-02-2025
- Business
- Yahoo
Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) has caught the attention of institutional investors who hold a sizeable 40% stake
Significantly high institutional ownership implies Pangaea Logistics Solutions' stock price is sensitive to their trading actions The top 3 shareholders own 54% of the company 19% of Pangaea Logistics Solutions is held by insiders A look at the shareholders of Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 40% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. Let's take a closer look to see what the different types of shareholders can tell us about Pangaea Logistics Solutions. See our latest analysis for Pangaea Logistics Solutions Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. We can see that Pangaea Logistics Solutions does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Pangaea Logistics Solutions' earnings history below. Of course, the future is what really matters. We note that hedge funds don't have a meaningful investment in Pangaea Logistics Solutions. Looking at our data, we can see that the largest shareholder is Strategic Shipping Inc. with 28% of shares outstanding. For context, the second largest shareholder holds about 13% of the shares outstanding, followed by an ownership of 13% by the third-largest shareholder. Carl Boggild, who is the third-largest shareholder, also happens to hold the title of Lead Director. Additionally, the company's CEO Mark Filanowski directly holds 0.7% of the total shares outstanding. A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 54% stake. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own a reasonable proportion of Pangaea Logistics Solutions, Ltd.. Insiders have a US$65m stake in this US$341m business. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently. The general public, who are usually individual investors, hold a 10% stake in Pangaea Logistics Solutions. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. It seems that Private Companies own 30%, of the Pangaea Logistics Solutions stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. It's always worth thinking about the different groups who own shares in a company. But to understand Pangaea Logistics Solutions better, we need to consider many other factors. Case in point: We've spotted 3 warning signs for Pangaea Logistics Solutions you should be aware of, and 1 of them shouldn't be ignored. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
