Latest news with #ProficientAutoLogistics
Yahoo
4 days ago
- Automotive
- Yahoo
Proficient Auto Logistics Announces Participation in William Blair Growth Stock Conference; Sets Date to Report Second Quarter 2025 Financial Results
JACKSONVILLE, Fla., June 03, 2025 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (Nasdaq: PAL) (the 'Company') today announced that Rick O'Dell, Chairman and Chief Executive Officer, Amy Rice, President and Chief Operating Officer, and Brad Wright, Chief Financial Officer will attend the William Blair Growth Stock Conference on June 4, 2025. During this conference, Messrs. O'Dell and Wright and Ms. Rice expect to participate in a series of meetings with members of the investment community. The materials used during the meetings will be posted to the Company's website that day at under 'Investor Relations'. The Company also announced that it will host an investor conference call at 5:00 p.m. EDT on Monday, August 11, 2025, to discuss its operating and financial results for the three months ended June 30, 2025. A press release disclosing those results will be issued at approximately 4:00 p.m. EDT on that day. Investors are invited to join the conference call by registering through this link: once registered, you will receive a dial-in and a unique pin to join the conference. You may also join the listen-only Webcast via About Proficient Auto Logistics We are a leading specialized freight company focused on providing auto transportation and logistics services. Through the combination of seven industry-leading operating companies since our IPO in May 2024, we operate one of the largest auto transportation fleets in North America. We offer a broad range of auto transportation and logistics services, primarily focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to possible or assume future results of our business, financial condition, results of operations, liquidity, plans and objectives. You can generally identify forward-looking statements because they contain words such as 'may,' 'will,' 'should,' 'expects,' 'plans,' 'anticipates,' 'could,' 'intends,' 'target,' 'projects,' 'contemplates,' 'believes,' 'estimates,' 'predicts,' 'potential' or 'continue' or the negative of these terms or other similar expressions that concern our expectations, strategy, plans or intentions. We have based these forward-looking statements largely on our current expectations and projections regarding future events and trends that we believe may affect our business, financial condition and results of operations. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties and other factors described in the section entitled 'Risk Factors' in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2025 (the 'Annual Report'), and elsewhere in the Annual Report. Accordingly, you should not rely upon forward-looking statements as predictions of future events. We cannot assure you that the results, events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events or circumstances could differ materially from those projected in the forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, statements regarding: the economic conditions in the global markets in which we operate; our ability to successfully implement our business strategy, effectively respond to changes in market dynamics and customer preferences, and achieve the anticipated benefits and associated cost savings of such strategies and actions; our ability to recruit and retain qualified driving associates, independent contractors and third-party auto transportation and logistics companies; an increase in the frequency or severity of accidents or other claims; our expectations regarding the successful implementation of our acquisitions; geopolitical developments and additional changes in international trade policies and relations; the effect of any international conflicts or terrorist activities, on the United States and global economies in general, the transportation industry, or us in particular, and what effects these events will have on our costs and the demand for our services; our ability to manage our network capacity and cost structure for capital expenditures and operating expenses, and match it to shifting and future customer volume levels; our ability to compete effectively against current and future competitors; our ability to maintain our profitability despite quarterly fluctuations in our results, whether due to seasonality, large cyclical events, or other causes; and our future financial and operating results; our expectations regarding the period during which we will qualify as an emerging growth company under the JOBS Act; and our use of the net proceeds from the IPO and the sufficiency of our existing cash to fund our future operating expenses and capital expenditure requirements. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Investor Relations: Brad WrightChief Financial Officer and SecretaryPhone: 904-506-4317email:
Business Wire
22-05-2025
- Business
- Business Wire
Ademi & Fruchter LLP Investigates Claims of Securities Fraud against Proficient Auto Logistics, Inc.
MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating possible securities fraud claims against Proficient Auto Logistics (NASDAQ: PAL). The investigation results from inaccurate statements Proficient Auto Logistics made regarding its business operations and prospects. Click here to join our investigation or to obtain additional information, or contact us at gademi@ or toll-free: 866-264-3995. There is no cost or obligation to you. The investigation focuses on Proficient Auto Logistics' October 16, 2024 update of its financial results just a few months after the completion of its IPO. Proficient Auto Logistics reported an expected decline in revenues of between 14 - 16% for its third quarter results compared to combined revenue for the third quarter of 2023. Its stock dropped more than 28% and has yet to recover. The investigation covers the period between May 2024 and October 2024. We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Yahoo
15-05-2025
- Business
- Yahoo
Is Canadian National Railway (CNI) Stock Outpacing Its Transportation Peers This Year?
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Canadian National (CNI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question. Canadian National is a member of the Transportation sector. This group includes 125 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Canadian National is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for CNI's full-year earnings has moved 3.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. According to our latest data, CNI has moved about 4.8% on a year-to-date basis. In comparison, Transportation companies have returned an average of -5.4%. This means that Canadian National is performing better than its sector in terms of year-to-date returns. Proficient Auto Logistics, Inc. (PAL) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 0.4%. For Proficient Auto Logistics, Inc. the consensus EPS estimate for the current year has increased 78.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Canadian National belongs to the Transportation - Rail industry, a group that includes 9 individual companies and currently sits at #75 in the Zacks Industry Rank. On average, stocks in this group have gained 2.4% this year, meaning that CNI is performing better in terms of year-to-date returns. In contrast, Proficient Auto Logistics, Inc. falls under the Transportation - Services industry. Currently, this industry has 24 stocks and is ranked #145. Since the beginning of the year, the industry has moved -0.6%. Going forward, investors interested in Transportation stocks should continue to pay close attention to Canadian National and Proficient Auto Logistics, Inc. as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Canadian National Railway Company (CNI) : Free Stock Analysis Report Proficient Auto Logistics, Inc. (PAL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
09-04-2025
- Automotive
- Yahoo
Growth Investors: Industry Analysts Just Upgraded Their Proficient Auto Logistics, Inc. (NASDAQ:PAL) Revenue Forecasts By 15%
Proficient Auto Logistics, Inc. (NASDAQ:PAL) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The revenue forecast for this year has experienced a facelift, with analysts now much more optimistic on its sales pipeline. Proficient Auto Logistics has been on the receiving end of some selling recently, which could revert quickly if today's upgrade can attract new buyers. The share price of US$7.22 reflects the 12% fall in the past week. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. After the upgrade, the four analysts covering Proficient Auto Logistics are now predicting revenues of US$487m in 2025. If met, this would reflect a sizeable 102% improvement in sales compared to the last 12 months. The losses are expected to disappear over the next year or so, with forecasts for a profit of US$0.26 per share this year. Before this latest update, the analysts had been forecasting revenues of US$422m and earnings per share (EPS) of US$0.24 in 2025. The forecasts seem more optimistic now, with a decent improvement in revenue and a small increase to earnings per share estimates. See our latest analysis for Proficient Auto Logistics Although the analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$16.00, suggesting that the forecast performance does not have a long term impact on the company's valuation. The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at Proficient Auto Logistics. Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. At Simply Wall St, we have a full range of analyst estimates for Proficient Auto Logistics going out to 2026, and you can see them free on our platform here. . Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders. 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
Yahoo
09-04-2025
- Automotive
- Yahoo
Growth Investors: Industry Analysts Just Upgraded Their Proficient Auto Logistics, Inc. (NASDAQ:PAL) Revenue Forecasts By 15%
Proficient Auto Logistics, Inc. (NASDAQ:PAL) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The revenue forecast for this year has experienced a facelift, with analysts now much more optimistic on its sales pipeline. Proficient Auto Logistics has been on the receiving end of some selling recently, which could revert quickly if today's upgrade can attract new buyers. The share price of US$7.22 reflects the 12% fall in the past week. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. After the upgrade, the four analysts covering Proficient Auto Logistics are now predicting revenues of US$487m in 2025. If met, this would reflect a sizeable 102% improvement in sales compared to the last 12 months. The losses are expected to disappear over the next year or so, with forecasts for a profit of US$0.26 per share this year. Before this latest update, the analysts had been forecasting revenues of US$422m and earnings per share (EPS) of US$0.24 in 2025. The forecasts seem more optimistic now, with a decent improvement in revenue and a small increase to earnings per share estimates. See our latest analysis for Proficient Auto Logistics Although the analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$16.00, suggesting that the forecast performance does not have a long term impact on the company's valuation. The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at Proficient Auto Logistics. Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. At Simply Wall St, we have a full range of analyst estimates for Proficient Auto Logistics going out to 2026, and you can see them free on our platform here. . Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders. 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
