Group 1 - Proficient Auto Logistics, Inc. (PAL) closed at $9.16, with a 4.9% gain over the past four weeks, and a mean price target of $15.67 suggests a 71.1% upside potential [1] - The mean estimate includes three short-term price targets with a standard deviation of $1.15, indicating a range from a low estimate of $15 (63.8% increase) to a high estimate of $17 (85.6% increase) [2] - Analysts show strong agreement on PAL's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock upside [4][11] Group 2 - The Zacks Consensus Estimate for PAL's current year earnings has increased by 78.8% over the past month, with two estimates revised higher and no negative revisions [12] - PAL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for upside [13] - While price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [13]

Core Viewpoint - The article compares Proficient Auto Logistics, Inc. (PAL) and Expeditors International (EXPD) to determine which stock is more attractive to value investors [1] Group 1: Zacks Rank and Earnings Outlook - Both PAL and EXPD currently have a Zacks Rank of 2 (Buy), indicating a positive earnings outlook due to favorable analyst estimate revisions [3] - The Zacks Rank emphasizes companies with improving earnings estimates, which is a key factor for value investors [2] Group 2: Valuation Metrics - PAL has a forward P/E ratio of 14.65, while EXPD has a forward P/E of 20.70, suggesting PAL is more undervalued [5] - PAL's PEG ratio is 0.98, indicating a better valuation relative to its expected earnings growth compared to EXPD's PEG ratio of 4.76 [5] - PAL's P/B ratio is 0.68, significantly lower than EXPD's P/B of 7.05, further supporting PAL's undervaluation [6] Group 3: Value Grades - Based on the valuation metrics, PAL holds a Value grade of B, while EXPD has a Value grade of D, indicating PAL is the superior value option at this time [6]

Acquisition and Growth Strategy - Proficient Auto Logistics, Inc. acquired five operating businesses for approximately $178.5 million in cash and 6,978,191 shares of common stock, with an IPO price of $15.00 per share[21]. - The Company plans to expand service offerings, including regional auto storage yards, to enhance customer relationships and drive future revenue opportunities[36]. - The auto transportation and logistics industry is highly fragmented, presenting opportunities for acquisitions of smaller regional providers to improve network density[40]. Revenue Generation and Customer Concentration - The Company Drivers segment generated revenue from transporting autos through OEM contracts and spot arrangements, with significant operating expenses tied to fuel and driver-related costs[26][29]. - In 2024, 36% of combined revenue came from company-operated vehicles, up from 32% in 2023, indicating a strategy to maximize profitability through owned assets[39]. - Four major customers, General Motors, Glovis, BMW, and Ford, accounted for roughly 49.6% of combined operating revenue in 2024, highlighting customer concentration risk[42]. Operational Efficiency and Asset Management - The Company aims to achieve operating efficiencies through improved asset utilization and enhanced route planning software integration[37]. - The company operates a fleet of approximately 1,145 auto transport vehicles and trailers as of December 31, 2024[50]. - The company has 50 leased facilities for parking, repairing, and maintaining transport vehicles, with potential for higher capacity utilization[49]. - The company aims to consolidate facilities and vehicle storage capacity in the future to enhance operational efficiency[49]. Financial Management and Reporting - Integration of accounting systems across the Founding Companies is underway to centralize financial reporting, with ongoing upgrades anticipated as operations expand[24]. - The Brokered segment's revenue is influenced by customer inventory needs and third-party carrier rates, with significant variable expenses tied to purchased transportation[31][32]. - Seasonal fluctuations in operating results are expected due to factors like auto production timing and customer contract changes, making quarterly results less indicative of future performance[45]. Regulatory Compliance and Risk Management - The company is subject to various federal, state, and local regulations regarding safety, environmental matters, and vehicle maintenance, which could impact operations if not complied with[47]. - The company is committed to maintaining compliance with environmental regulations to avoid potential legal and remediation costs[47]. - Significant inflation has affected the company's operating expenses, particularly in insurance and claims costs, as well as equipment acquisition[281]. - The company has implemented a fuel surcharge program to mitigate the impact of fluctuating fuel prices on operating results[282]. Workforce and Safety - As of December 31, 2024, the company employed around 671 employees and has a network of independent contractors and sub-haulers[52]. - The company emphasizes safety and training through regular driver training, drug testing, and safety bonuses to attract and retain quality employees[48]. Leadership Team - The executive team includes Richard O'Dell as CEO, Amy Rice as President and COO, and Brad Wright as CFO, bringing extensive industry experience[55][56][57].

Core Viewpoint - Proficient Auto Logistics, Inc. (PAL) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Earnings Performance - The company has a solid track record of surpassing earnings estimates, with an average surprise of 28.33% over the last two quarters [2]. - In the last reported quarter, PAL achieved earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, resulting in a surprise of 16.67% [3]. - In the previous quarter, the company was expected to report earnings of $0.20 per share but delivered $0.28 per share, leading to a surprise of 40% [3]. Earnings Estimates and Predictions - There has been a favorable adjustment in earnings estimates for PAL, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [4]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5]. Earnings ESP Insights - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6]. - Currently, PAL has an Earnings ESP of +100%, indicating increased analyst optimism regarding its near-term earnings potential [7]. - A negative Earnings ESP does not necessarily predict an earnings miss but can diminish the predictive power of the metric [7]. Importance of Earnings ESP - While many companies may beat consensus EPS estimates, this alone may not drive stock prices higher; thus, checking a company's Earnings ESP is crucial for investment decisions [8].

Financial Performance - Total Operating Revenue for Q4 2024 was $95.1 million, a 4% increase from Q3 2024 but a 15.9% decrease from Q4 2023[3] - Adjusted Operating Income for Q4 2024 was $1.7 million, compared to $1.1 million in Q3 2024 and $9.4 million in Q4 2023[3] - Total revenue for the full year 2024 was $388.8 million, down from $418.3 million in 2023[6] - Proficient reported a net loss before income taxes of $3,763,000 for the three months ended December 31, 2024[22] - Adjusted EBITDA for the same period was $7,462,000, which includes adjustments for interest expense, depreciation, and stock compensation[22] Operational Metrics - Total Units delivered in Q4 2024 were 521,476, a 4% increase from Q3 2024 but a 4% decrease from Q4 2023[3] - The Adjusted Operating Ratio improved to 98.3% in Q4 2024 from 98.8% in Q3 2024, but was higher than 91.7% in Q4 2023[3] - Revenue per unit for Company deliveries in Q4 2024 was $179.22, down from $193.53 in Q4 2023[9] - The dedicated fleet revenue was $3.7 million in Q4 2024, significantly lower than $14.2 million in Q4 2023[10] - The Company reported a full year Adjusted Operating Ratio of 95.0% for 2024, compared to 92.3% for the combined companies in 2023[11] Strategic Initiatives - The Company completed the acquisition of Auto Transport Group (ATG) on August 16, 2024, following its IPO on May 13, 2024[3] - The company plans to utilize net proceeds from its IPO to fund future operating expenses and capital expenditures[18] Risk Factors - Forward-looking statements indicate potential risks related to market dynamics, competition, and operational capacity[18] - Proficient's ability to manage costs and network capacity is crucial for matching future customer volume levels[18] - The company does not guarantee the achievement of its forward-looking plans and intentions[19] - Proficient is subject to various risks including geopolitical developments and changes in international trade policies[18] Cost Management - Interest expense for the quarter was $1,961,000, while depreciation and amortization expense totaled $8,128,000[22] - The company emphasizes the importance of EBITDA as a measure of operating performance and strategic decision-making[20] - There is a focus on recruiting and retaining qualified driving associates and independent contractors to support operations[18]

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Proficient Auto Logistics, Inc. ("Proficient Auto Logistics" or the "Company") (NASDAQ: PAL).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Proficient Auto Logistics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about ...

Core Viewpoint - Robbins LLP is investigating Proficient Auto Logistics, Inc. for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1]. Group 1: Company Overview - Proficient Auto Logistics, Inc. operates in the auto transportation and logistics services sector in North America [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there have been any breaches of fiduciary duties to shareholders by the company's executives [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for more information regarding their rights [2]. Group 3: Robbins LLP Background - Robbins LLP has been active in shareholder rights litigation since 2002, recovering over $1 billion for shareholders [4].

Financial Performance - Proficient's total operating revenue for the three months ended September 30, 2024, was $91,505,501, a significant increase from $33,468,155 in the same period of the previous year[11]. - The company reported a net loss of $5,227,249 for the nine months ended September 30, 2024, compared to a net income of $4,798,142 for the same period in 2023[11]. - Operating expenses for the three months ended September 30, 2024, totaled $93,691,006, compared to $31,188,001 for the same period in 2023[11]. - The company reported total operating revenue of $91,506,000 for the three months ended September 30, 2024, compared to $104,565,000 for the same period in 2023[57]. - Total operating loss for the three months ended September 30, 2024, was $(2,186,000), a decrease from operating income of $8,205,000 in the same period of 2023[57]. - The company reported a net loss of $1,365,476 for the three months ended September 30, 2024, with a basic loss per share of $(0.05)[101]. Assets and Liabilities - Total current assets as of September 30, 2024, amounted to $69,751,931, up from $23,427,551 as of December 31, 2023[10]. - Proficient's total assets reached $498,234,562 as of September 30, 2024, compared to $42,995,033 as of December 31, 2023[10]. - Proficient's long-term debt, less current portion, was $45,288,020 as of September 30, 2024, compared to $5,035,478 as of December 31, 2023[10]. - Accrued liabilities totaled $23,359,120 as of September 30, 2024, compared to $7,803,359 as of December 31, 2023, indicating a substantial increase in financial obligations[63]. - Long-term debt as of September 30, 2024, amounts to $45,288,020, with future maturities totaling $64,015,031 through 2028[72]. Cash Flow and Capital - Proficient's cash and cash equivalents increased to $16,848,215 as of September 30, 2024, compared to $4,273 as of December 31, 2023[10]. - Cash flows from operating activities for the nine months ended September 30, 2024 were $7,768,100, compared to $6,022,367 for the same period in 2023[14]. - As of September 30, 2024, cash and cash equivalents were reported at $16,848,215, a significant increase from $2,352,200 at the beginning of the period[14]. - The company issued 15,768,333 common shares through an IPO, raising $212,291,849 in additional capital[12]. - The company completed its IPO in May 2024, issuing 14,333,333 shares at $15.00 per share, resulting in total gross proceeds of $215,000,000[84]. Acquisitions and Business Combinations - Proficient Auto Logistics, Inc. completed its IPO on May 13, 2024, and simultaneously acquired five operating businesses, including Delta Automotive Services, Deluxe Auto Carriers, Sierra Mountain Group, Proficient Auto Transport, and Tribeca Automotive[19][33]. - The total purchase price for Proficient Auto Logistics acquisition was $64,469,739, consisting of $31,580,792 in cash and $32,888,947 in stock consideration[41]. - The fair value of net assets acquired from the acquisition of Deluxe was $29,585,760, with total purchase price adjusted to $60,637,285 after a reduction of $3,599,373[43]. - Total purchase price for Proficient Transport acquisition was $108,761,111, including $82,185,183 in cash and $26,575,928 in stock consideration[46]. - The fair value of net assets acquired from Proficient Transport was $54,080,535, with goodwill recorded at $54,680,576[46]. - Total purchase price for the acquisition of Sierra was $32,122,324, with cash consideration of $18,763,279 and stock consideration of $13,359,045[47]. - The fair value of net assets acquired from Sierra was $26,642,670, with adjustments leading to a final value of $25,489,212[47]. - Total purchase price for acquisitions amounted to $289,275,386, including cash consideration of $183,448,307 and stock consideration of $102,731,965[49]. - Goodwill recognized from acquisitions totaled $148,092,515 as of September 30, 2024, reflecting expected synergies and workforce value[58]. Intangible Assets and Amortization - Proficient's intangible assets include customer relationships and trade names, which are amortized over their estimated useful lives[25]. - Intangible assets recognized from acquisitions totaled $114,900,000, including customer relationships and trade names[51]. - The company recognized $134,906,473 in net carrying amount for intangible assets as of September 30, 2024[59]. - Amortization expense for finite lived intangible assets was $3,293,527 for the nine months ended September 30, 2024[59]. - As of September 30, 2024, the total expected amortization expense for identifiable intangible assets over the next five years is $134,906,473, with a weighted average amortization period of 14.19 years[60]. Operational Segments - Company Drivers segment reported revenues of $38,257,465 for the three months ended September 30, 2024, compared to $9,595,686 for the same period in 2023, reflecting a significant increase[98]. - Brokered segment revenues reached $53,248,036 for the three months ended September 30, 2024, up from $23,872,470 in the same period last year, indicating strong growth[98]. - Proficient's business model includes both asset-based Company Drivers service and an asset-light freight model through third-party logistics, enhancing its operational flexibility[19]. - Proficient's operational segments include Company Drivers and Brokered services, which are regularly reviewed for performance by the chief operating decision maker[30]. Contingent Liabilities and Legal Matters - The company has a contingent liability of approximately $4,000,000 related to a class action settlement, recorded within accrued liabilities as of September 30, 2024[104]. - The company has recorded a contingent liability related to potential penalties from delinquent filings with the Department of Labor, although no reasonable estimate for additional penalties has been made[106]. Other Financial Metrics - The company recorded a gain on the disposal of equipment totaling $95,124 for the nine months ended September 30, 2024[62]. - Interest income for the three months ended September 30, 2024, was $5,365, an increase from $635 in the same period of 2023[78]. - The company awarded 1,212,532 restricted stock units to the CEO on May 12, 2024, with 1/3 vesting immediately and the remainder vesting over five years[90]. - Total compensation expense related to restricted stock awards was $7.7 million for the nine months ended September 30, 2024[95]. - As of September 30, 2024, there was $17,439,949 of unrecognized compensation expense related to restricted stock awards expected to be recognized over the next four years[95].

Financial Performance Expectations - Proficient Auto Logistics, Inc. announced expected operating and financial metrics for Q3 2024, with a conference call scheduled for November 8, 2024[5][6] - Forward-looking statements indicate expectations regarding Q3 operating and financial results, subject to risks and uncertainties[8][9] - The company has not disclosed specific financial figures or performance metrics in the current report[5][8] Company Classification - The company is classified as an emerging growth company under the Securities Act of 1933[3] Press Release Information - The press release regarding Q3 results is included as Exhibit 99.1, which is not yet detailed in the provided content[4][5]

Core Viewpoint - Johnson Fistel, LLP is investigating Proficient Auto Logistics, Inc. for potential violations of securities laws related to misrepresentation or failure to disclose adverse information to investors [1][2]. Financial Performance - Proficient Auto Logistics estimated third-quarter revenue for fiscal year 2024 to be between $90 million and $92 million, indicating a decrease of 14% to 16% compared to the third quarter of 2023 [3]. - Following the revenue announcement, the company's stock price fell by 28.77% in the next trading session [3]. Legal Investigation - The investigation by Johnson Fistel focuses on the losses suffered by investors and the possibility of recovering those losses under federal securities laws [1][2]. - Individuals with nonpublic information about Proficient Auto Logistics are encouraged to assist in the investigation or consider the SEC Whistleblower program, which may offer rewards for original information leading to successful recoveries [4]. Company Background - Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in multiple states, representing both individual and institutional investors in securities class action lawsuits [5].