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PANL

PANL - Pangaea Logistics Solutions Ltd Stock Price, Fair Value and News

7.76USD-0.22 (-2.76%)Market Closed

Market Summary

PANL
USD7.76-0.22
Market Closed
-2.76%

PANL Alerts

  • Big jump in Earnings (Y/Y)

PANL Stock Price

View Fullscreen

PANL RSI Chart

PANL Valuation

Market Cap

373.8M

Price/Earnings (Trailing)

10.84

Price/Sales (Trailing)

0.76

Price/Free Cashflow

7.3

PANL Price/Sales (Trailing)

PANL Profitability

Return on Equity

9.09%

Return on Assets

4.9%

Free Cashflow Yield

13.7%

PANL Fundamentals

PANL Revenue

Revenue (TTM)

490.3M

Rev. Growth (Yr)

-7.87%

Rev. Growth (Qtr)

-20.58%

PANL Earnings

Earnings (TTM)

34.5M

Earnings Growth (Yr)

233.55%

Earnings Growth (Qtr)

961.29%

Breaking Down PANL Revenue

52 Week Range

5.288.04
(Low)(High)

Last 7 days

1.3%

Last 30 days

15.8%

Last 90 days

-6.3%

Trailing 12 Months

31.5%

How does PANL drawdown profile look like?

PANL Financial Health

Current Ratio

1.97

PANL Investor Care

Shares Dilution (1Y)

0.80%

Diluted EPS (TTM)

0.76

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024490.3M000
2023621.7M544.2M495.3M499.3M
2022784.9M835.0M806.4M699.7M
2021412.1M487.2M596.5M718.2M
2020428.6M415.7M400.6M383.0M
2019373.6M360.1M383.7M412.3M
2018379.6M385.0M373.3M373.0M
2017278.6M313.0M349.2M385.1M
2016236.1M228.0M227.6M238.0M
2015379.2M354.5M334.5M287.3M
2014393.9M395.4M396.8M398.3M
201300389.8M392.5M
2012000387.1M

Tracking the Latest Insider Buys and Sells of Pangaea Logistics Solutions Ltd

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 19, 2024
petersen mads rosenber boye
acquired
-
-
32,281
chief operating officer
Mar 19, 2024
delsignore gianni
acquired
-
-
28,694
chief financial officer
Mar 19, 2024
filanowski mark l
acquired
-
-
57,388
chief executive officer
Feb 16, 2024
sgro david
acquired
120,000
8.51
14,101
-
Feb 16, 2024
laura anthony
acquired
120,000
8.51
14,101
-
Feb 16, 2024
rosenfeld eric
acquired
120,000
8.51
14,101
-
Feb 16, 2024
boggild carl claus
acquired
120,000
8.51
14,101
-
Feb 16, 2024
beachy karen h
acquired
120,000
8.51
14,101
-
Feb 16, 2024
du moulin richard t
acquired
120,000
8.51
14,101
-
Dec 12, 2023
sgro david
sold
-87,082
7.35
-11,848
-

1–10 of 50

Which funds bought or sold PANL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 20, 2024
Virtu Financial LLC
sold off
-100
-143,000
-
-%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
-127
697
-%
May 16, 2024
JANE STREET GROUP, LLC
added
50.72
73,012
338,645
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.91
-23,876
25,531
-%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
new
-
797,814
797,814
-%
May 15, 2024
Engineers Gate Manager LP
new
-
297,277
297,277
0.01%
May 15, 2024
Man Group plc
new
-
505,687
505,687
-%
May 15, 2024
Squarepoint Ops LLC
new
-
241,162
241,162
-%
May 15, 2024
BOOTHBAY FUND MANAGEMENT, LLC
new
-
114,545
114,545
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-81.07
-49,426
9,424
-%

1–10 of 47

Are Funds Buying or Selling PANL?

Are funds buying PANL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PANL
No. of Funds

Unveiling Pangaea Logistics Solutions Ltd's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vr advisory services ltd
0.4%
170,765
SC 13G/A
Feb 08, 2024
wellington trust co n a
3.29%
1,527,543
SC 13G/A
Feb 08, 2024
wellington management group llp
3.29%
1,527,543
SC 13G/A
Feb 08, 2024
wellington trust company, national association multiple common trust funds trust, micro cap equity p
2.75%
1,277,704
SC 13G/A
Feb 02, 2024
blackrock inc.
5.4%
2,516,994
SC 13G
Jan 09, 2024
swissmarine pte. ltd.
3.07%
1,430,991
SC 13G/A
Dec 07, 2023
maze maureen
10.33%
4,802,070
SC 13G
Oct 06, 2023
swissmarine pte. ltd.
5.34%
2,481,713
SC 13G
Apr 06, 2023
pangaea logistics solutions ltd.
17.92%
8,328,092
SC 13D/A
Feb 14, 2023
vr advisory services ltd
5.8%
2,642,761
SC 13G/A

Recent SEC filings of Pangaea Logistics Solutions Ltd

View All Filings
Date Filed Form Type Document
May 09, 2024
10-Q
Quarterly Report
May 09, 2024
8-K
Current Report
Mar 26, 2024
EFFECT
EFFECT
Mar 22, 2024
CORRESP
CORRESP
Mar 21, 2024
UPLOAD
UPLOAD
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
S-3/A
S-3/A
Mar 15, 2024
8-K
Current Report

Peers (Alternatives to Pangaea Logistics Solutions Ltd)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
7.1B
3.1B
23.21% 66.53%
28.23
2.26
7.69% 73.34%
4.1B
3.1B
11.05% 67.25%
13.64
1.31
-19.84% -60.56%
SMALL-CAP
946.1M
406.9M
6.49% 66.92%
298.41
2.33
-17.82% -97.35%
693.2M
393.8M
0.58% 45.82%
30.5
1.76
-45.29% -90.84%
373.8M
490.3M
15.84% 31.52%
10.84
0.76
-21.13% -45.19%
372.9M
282.3M
9.13% 69.94%
-40.04
1.32
21.84% 87.00%

Pangaea Logistics Solutions Ltd News

Latest updates
Yahoo News UK19 hours ago
Yahoo Canada Shine On16 May 202408:58 am
Marketscreener.com09 May 202407:00 am

Pangaea Logistics Solutions Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-20.6%10513213611811412818519619223521314612511310470.0096.0013111983.0080.00
Operating Expenses-22.7%94.0012111611010710915415917220418812911910594.0067.0098.0013110677.0075.00
  S&GA Expenses-100.0%-6.006.006.006.004.006.005.005.004.004.006.004.004.004.004.004.005.003.005.004.00
Interest Expenses-100.0%-4.004.004.004.004.004.004.003.003.002.003.002.002.002.002.002.002.003.002.002.00
Net Income961.3%12.001.0019.003.004.0016.0019.0025.0020.0015.0027.0019.006.008.008.003.00-6.80-4.408.004.004.00
Net Income Margin33.5%0.07*0.05*0.08*0.07*0.10*0.11*0.10*0.10*0.10*0.09*0.10*0.08*0.06*--------
Free Cashflow-62.4%9.0024.0016.002.0012.0033.0033.0037.0032.0019.0023.0015.005.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.3%703705729725730748739755731707657575450450443440452480485459448
  Current Assets1.9%19619219818722022322323420718416813311111110698.0010112810893.00100
    Cash Equivalents-3.2%96.0099.0087.0084.0012912811810270.0056.0049.0041.0042.0048.0046.0047.0040.0053.0034.0041.0059.00
  Inventory33.8%22.0017.0026.0027.0027.0029.0031.0053.0039.0027.0025.0023.0016.0016.0016.0012.0019.0021.0017.0017.0015.00
  Net PPE-1.1%469474480486462477465470474472439389279277276278288281312301290
  Goodwill0%3.003.003.003.00-----------------
  Current Liabilities-5.7%99.0010511511187.0092.0091.0011911411210586.0061.0011188.0061.0073.0091.0085.0065.0061.00
Shareholder's Equity17.1%379324327362363314358341316301284257242234227241237243247238239
  Retained Earnings4.4%16615916314815015114112510486.0072.0047.0029.0023.0016.009.006.0013.0019.0012.009.00
  Additional Paid-In Capital0.7%166165164164164163163162162162161161160160159159159158157157157
Accumulated Depreciation-100.0%-127---109---------------
Shares Outstanding0.8%47.0046.0045.0045.0045.0046.0044.0044.0044.0046.0044.0044.00---------
Minority Interest2.1%47.0046.0051.0049.0049.0054.0054.0053.0051.0053.0051.0049.0052.0052.0051.0073.0073.0073.0071.0069.0072.00
Float----245---178---175---20.00---27.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-62.4%8,99923,90516,3032,00811,57232,93332,64337,16332,06219,06823,14314,5944,940-1,60515,53413,752-6,84421,0573,8187,62511,960
  Share Based Compensation64.0%1,1396942702678563103193118283683694189484003924211,103371320371675
Cashflow From Investing-102.3%-2039,035-1,338-32,4728,794-16,997-1,3208,056-18,247-37,944-51,195-103,185-5,467-845-11,820-1,6747,4521,584-14,691-21,909-11,585
Cashflow From Financing43.7%-11,960-21,259-11,902-14,388-19,601-5,499-15,549-12,964-10225,92136,60287,187-5,8512,789-5,147-5,057-11,189-6,2563,884-3,6775,134
  Dividend Payments-100.0%-4,4854,4854,4854,6484,4493,3373,3372,2931,5431,5431,5439072.00-3.6337.004992,8481,4882,6201,135
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PANL Income Statement

2024-03-31
Consolidated Statements of Income - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Revenue$ 104,748,553$ 113,699,075
Expenses:  
Voyage expense37,114,66456,814,631
Charter hire expense27,142,85022,590,840
Vessel operating expense12,669,25713,606,815
Terminal & Stevedore Expenses2,079,1870
General and administrative7,278,0035,691,733
Depreciation and amortization7,436,4737,326,860
Loss on sale of vessel01,172,196
Total expenses93,720,434107,203,075
Income from operations11,028,1196,496,000
Other income (expense):  
Interest and Other Income875,0841,049,846
Unrealized gain (loss) on derivative instruments, net5,084,339(423,569)
Other income343,924386,413
Total other income (expense), net1,637,515(3,093,088)
Net income12,665,6343,402,912
(Income) loss attributable to non-controlling interests(991,458)71,355
Net income attributable to Pangaea Logistics Solutions Ltd.$ 11,674,176$ 3,474,267
Earnings per common share:  
Basic (in dollars per share)$ 0.26$ 0.08
Diluted (in dollars per share)$ 0.25$ 0.08
Weighted average shares used to compute earnings per common share:  
Basic (in shares)45,214,51944,712,290
Diluted (in shares)45,914,77245,116,719
Nonrelated Party  
Other income (expense):  
Interest Revenue (Expense), Net$ (3,850,730)$ (4,250,514)
Related Party  
Other income (expense):  
Interest Revenue (Expense), Net(815,102)144,736
Voyage revenue  
Revenues:  
Revenue87,290,563107,950,123
Charter revenue  
Revenues:  
Revenue15,031,0275,748,952
Revenue Not from Contract with Customer  
Revenues:  
Revenue$ 2,426,963$ 0

PANL Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 95,873,255$ 99,037,866
Accounts receivable (net of allowance of $6,015,917 and $5,657,837 at March 31, 2024 and December 31, 2023, respectively)41,997,73447,891,501
Inventories22,151,64416,556,266
Advance hire, prepaid expenses and other current assets35,534,47028,340,246
Total current assets195,557,103191,825,879
Fixed assets, net469,077,334474,265,171
Finance lease right of use assets, net29,829,97430,393,823
Goodwill3,104,8003,104,800
Other non-current assets5,735,8635,590,295
Total assets703,305,074705,179,968
Current liabilities  
Accounts payable, accrued expenses and other current liabilities32,953,33635,836,262
Deferred revenue13,773,30615,629,886
Current portion of secured long-term debt29,999,16330,751,726
Current portion of finance lease liabilities21,644,83521,970,124
Dividend payable966,7861,146,321
Total current liabilities99,337,426105,334,319
Secured long-term debt, net65,929,53668,446,309
Long-term portion139,980,818143,266,867
Long-term liabilities - other - Note 1018,751,64217,936,540
Commitments and contingencies - Note 9
Stockholders' equity:  
Preferred stock, $0.0001 par value, 1,000,000 shares authorized and no shares issued or outstanding00
Common stock, $0.0001 par value, 100,000,000 shares authorized; 46,839,591 shares issued and outstanding at March 31, 2024; 46,466,622 shares issued and outstanding at December 31, 20234,6854,648
Additional paid-in capital165,993,186164,854,546
Retained earnings166,006,383159,026,799
Total Pangaea Logistics Solutions Ltd. equity332,004,254323,885,993
Non-controlling interests47,301,39846,309,940
Total stockholders' equity379,305,652370,195,933
Total liabilities and stockholders' equity$ 703,305,074$ 705,179,968
PANL
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, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. The company owns and operates a fleet of vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is headquartered in Newport, Rhode Island.
 CEO
 WEBSITEpangaeals.com
 INDUSTRYMarine Shipping
 EMPLOYEES70

Pangaea Logistics Solutions Ltd Frequently Asked Questions


What is the ticker symbol for Pangaea Logistics Solutions Ltd? What does PANL stand for in stocks?

PANL is the stock ticker symbol of Pangaea Logistics Solutions Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Pangaea Logistics Solutions Ltd (PANL)?

As of Wed May 22 2024, market cap of Pangaea Logistics Solutions Ltd is 373.78 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PANL stock?

You can check PANL's fair value in chart for subscribers.

What is the fair value of PANL stock?

You can check PANL's fair value in chart for subscribers. The fair value of Pangaea Logistics Solutions Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Pangaea Logistics Solutions Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PANL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Pangaea Logistics Solutions Ltd a good stock to buy?

The fair value guage provides a quick view whether PANL is over valued or under valued. Whether Pangaea Logistics Solutions Ltd is cheap or expensive depends on the assumptions which impact Pangaea Logistics Solutions Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PANL.

What is Pangaea Logistics Solutions Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 22 2024, PANL's PE ratio (Price to Earnings) is 10.84 and Price to Sales (PS) ratio is 0.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PANL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Pangaea Logistics Solutions Ltd's stock?

In the past 10 years, Pangaea Logistics Solutions Ltd has provided -0.016 (multiply by 100 for percentage) rate of return.