Proficient Auto Logistics: Buy Rating Reaffirmed Amid Growth Opportunities and Valuation Discount

Alexander Paris, an analyst from Barrington, reiterated the Buy rating on Proficient Auto Logistics, Inc. (PAL – Research Report). The associated price target remains the same with $15.00.

Alexander Paris has given his Buy rating due to a combination of factors influencing Proficient Auto Logistics, Inc. The company has recently secured significant new contracts following the exit of a major competitor, which is expected to increase its annual revenue by approximately 15%. Additionally, the acquisition of Brothers Auto Transport is anticipated to enhance PAL’s service capabilities and customer reach, particularly in key northeastern markets, while also increasing fleet capacity by 13%.
Paris has also raised the full-year 2025 estimates for the company, projecting a notable increase in revenue, adjusted EBITDA, and adjusted EPS. Despite the current macroeconomic uncertainties, the shares of Proficient Auto Logistics are trading at a discount compared to its peers. This valuation, combined with the expected growth in revenue and margins, supports the reiteration of an OUTPERFORM rating and a 12-month price target of $15.

In another report released on April 3, Stifel Nicolaus also reiterated a Buy rating on the stock with a $18.00 price target.