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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2024 | $10.25 | Neutral → Buy | Alliance Global Partners |
| 2/5/2024 | $8.75 | Buy → Neutral | Alliance Global Partners |
| 8/3/2022 | $7.50 | Buy | Alliance Global Partners |
| 9/17/2021 | $7.50 | Buy | B. Riley Securities |
Alliance Global Partners analyst Poe Fratt upgrades Pangaea Logistics Solns (NASDAQ:PANL) from Neutral to Buy.
Pangaea Logistics Solns (NASDAQ:PANL) reported quarterly earnings of $0.14 per share which met the analyst consensus estimate. This is a 27.27 percent increase over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $104.749 million which missed the analyst consensus estimate of $117.472 million by 10.83 percent. This is a 7.87 percent decrease over sales of $113.699 million the same period last year.
PRE 14A - Pangaea Logistics Solutions Ltd. (0001606909) (Filer)
8-K - Pangaea Logistics Solutions Ltd. (0001606909) (Filer)
8-K - Pangaea Logistics Solutions Ltd. (0001606909) (Filer)
SC 13G/A - Pangaea Logistics Solutions Ltd. (0001606909) (Subject)
SC 13G/A - Pangaea Logistics Solutions Ltd. (0001606909) (Subject)
SC 13G/A - Pangaea Logistics Solutions Ltd. (0001606909) (Subject)
NEWPORT, R.I., Nov. 5, 2024 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", )), a global provider of comprehensive maritime logistics solutions, today announced that it will issue third quarter 2024 results after the market closes on Tuesday, November 12, 2024. A conference call will be held the next day, Wednesday, November 13, 2024 at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available wi
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy and
NEWPORT, R.I., Oct. 7, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, today announced a definitive agreement to purchase the remaining 50% equity ownership of its consolidated subsidiary, Nordic Bulk Partners LLC, from HS Nordic LLC, for $17.2 million in cash. Nordic Bulk Partners LLC was established in 2019 as a joint venture to construct four Ice Class 1A Post-Panamax dry bulk vessels. The transaction is expected to be completed by November 1, 2024 subject to customary closing terms and conditions.
Alliance Global Partners upgraded Pangea Logistics Solutions from Neutral to Buy and set a new price target of $10.25
Alliance Global Partners downgraded Pangea Logistics Solutions from Buy to Neutral and set a new price target of $8.75
Alliance Global Partners initiated coverage of Pangea Logistics Solutions with a rating of Buy and set a new price target of $7.50
NEWPORT, R.I., March 29, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, announced today it has appointed Karen H. Beachy to its Board of Directors. Ms. Beachy has a broad background in operations and supply chain management through decades of work with several energy companies, in the United States and internationally. She presently works with The Alliance Risk Group, LLC, providing supply chain risk analysis and serves as an independent director of Oceaneering
NEWPORT, R.I., Feb. 22, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, announced today that Mads Boye Petersen has been appointed its Chief Operating Officer, effective on April 1, 2022. Petersen replaces Mark Filanowski, who was promoted to Chief Executive Officer of Pangaea in December 2021. As Chief Operating Officer, Mr. Petersen will have broad responsibilities, including group strategy and execution, as well as capital market and ESG initiatives. He will, until further notice, continue to carry out his duties as Managing Director for the group's Danish and Singapore subsi
4 - Pangaea Logistics Solutions Ltd. (0001606909) (Issuer)
4 - Pangaea Logistics Solutions Ltd. (0001606909) (Issuer)
4 - Pangaea Logistics Solutions Ltd. (0001606909) (Issuer)
NEWPORT, R.I., Nov. 5, 2024 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", )), a global provider of comprehensive maritime logistics solutions, today announced that it will issue third quarter 2024 results after the market closes on Tuesday, November 12, 2024. A conference call will be held the next day, Wednesday, November 13, 2024 at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available wi
NEWPORT, R.I., Sept. 23, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, and M.T. Maritime Management (USA) LLC ("MTM"), managers of a diversified fleet of tankers and dry bulk vessels, today announced a definitive agreement to merge fifteen handy-size dry bulk vessels into Pangaea's 26 vessel supramax, ultramax, panamax and post-panamax fleet. The handy vessels are currently owned by Strategic Shipping Inc. ("SSI"), a privately held company managed by MTM located in Southport, Connecticut. The fifteen handy-size vessels are valued at approximately $295 million, inclusive of ve
NEWPORT, RI, Aug. 8, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended June 30, 2024. SECOND QUARTER 2024 RESULTS Net income attributable to Pangaea of $3.7 million, or $0.08 per diluted shareAdjusted net income attributable to Pangaea of $4.6 million, or $0.10 per diluted share Operating cash flow of $9.0 millionAdjusted EBITDA of $15.9 millionTime Charter Equivalent ("TCE") rates earned by Pangaea of $16,