Pangaea Logistics Solutions (PANL) AI Stock Analysis

• Market Cap: $452.87M
• Dividend Yield: 3.55%
• Average Volume (3M): 285.82K
• Price to Earnings (P/E): 23.6
• Beta (1Y): 0.97
• Revenue Growth: 14.21%
• EPS Growth: -36.71%
• Country: US
• Employees: 170
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 0.17
• Shares Outstanding: 64,973,690
• 10 Day Avg. Volume: 307,216
• 30 Day Avg. Volume: 285,818
• PEG Ratio: 0.99
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.45
• P/FCF Ratio: -65.03
• Enterprise Value/Market Cap: 1.46
• Enterprise Value/Revenue: 1.11
• Enterprise Value/Gross Profit: 8.45
• Enterprise Value/Ebitda: 6.30
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.31
• Revenue Forecast (FY): $517.42M

• Rating: 70 Outperform
• Price Target: $7.50 ▲(5.78% Upside)

Pangaea Logistics Solutions' overall stock score reflects a combination of strong technical indicators and a solid earnings call performance, offset by financial challenges. The bullish technical trend is the most significant factor, supported by strategic expansions and revenue growth. However, declining profitability margins and cash flow issues present risks that need to be addressed.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a stable demand for Pangaea's logistics services, supporting its market position and long-term business sustainability.

Fleet Renewal Strategy

The fleet renewal strategy enhances operational efficiency and emissions performance, aligning with industry trends towards sustainability.

Strong Balance Sheet

A strong balance sheet with significant cash reserves provides financial stability and flexibility for future investments and growth opportunities.

Negative Factors

Declining Profitability Margins

Declining profitability margins suggest challenges in maintaining cost efficiency, which could impact long-term financial performance.

Increased Operating Expenses

Rising operating expenses can erode profit margins and strain cash flow, potentially affecting the company's ability to invest in growth.

Higher General and Administrative Expenses

Increased administrative costs may indicate inefficiencies or integration challenges, which could hinder operational effectiveness over time.

Pangaea Logistics Solutions Business Overview & Revenue Model

Company Description

Pangaea Logistics Solutions (PANL) is a global logistics and supply chain management company specializing in the transportation of dry bulk commodities. The company operates in various sectors, including shipping, logistics, and marine transportation, providing integrated solutions that encompass vessel ownership, chartering, and logistical support. Pangaea's core services include the management of a fleet of vessels, logistical coordination for bulk shipments, and offering tailored solutions to meet the specific needs of clients across industries such as agriculture, construction, and energy.

How the Company Makes Money

Pangaea Logistics Solutions generates revenue primarily through its shipping and logistics services. Key revenue streams include freight charges for the transportation of bulk commodities, chartering of vessels to third parties, and logistics management fees. The company also benefits from long-term contracts with clients, ensuring a steady flow of income. Additionally, Pangaea may engage in strategic partnerships with other logistics firms and commodity producers, enhancing its operational capabilities and market reach. The combination of these factors contributes to its overall earnings and financial stability.

Pangaea Logistics Solutions Financial Statement Overview

Summary

Pangaea Logistics Solutions shows a mixed financial performance. The income statement reveals declining profitability margins, with gross and net profit margins significantly decreasing. The balance sheet is strong with low leverage, but cash flow challenges are evident with a significant decline in free cash flow growth.

Income Statement

Pangaea Logistics Solutions shows a mixed performance in its income statement. The TTM data indicates a slight revenue growth of 2.68%, but gross and net profit margins have significantly decreased compared to the previous year. The gross profit margin dropped from 13.62% to 3.54%, and the net profit margin fell from 5.39% to 2.67%. This decline in profitability is concerning, although the company maintains a positive EBIT margin of 3.95% and EBITDA margin of 7.45%.

Balance Sheet

The balance sheet reflects a strong equity position with a low debt-to-equity ratio of 0.046 in the TTM period, indicating reduced leverage compared to previous years. The return on equity has decreased to 3.78%, which is lower than the previous year, suggesting reduced profitability on equity. However, the equity ratio remains stable, showing a solid financial foundation.

Cash Flow

The cash flow statement reveals challenges, with a significant decline in free cash flow growth at -1228.89% in the TTM period. The operating cash flow to net income ratio is 0.44, indicating that operating cash flow is not fully covering net income. The free cash flow to net income ratio is 0.80, showing some ability to generate cash relative to net income, but the overall cash flow position is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	595.34M	536.54M	499.27M	699.71M	718.10M	382.90M
Gross Profit	78.53M	73.08M	69.14M	128.94M	97.84M	38.14M
EBITDA	105.27M	82.32M	76.10M	137.42M	106.86M	37.58M
Net Income	15.92M	28.90M	26.32M	79.49M	67.23M	11.35M
Balance Sheet
Total Assets	932.15M	936.46M	705.18M	748.24M	707.02M	450.40M
Cash, Cash Equivalents and Short-Term Investments	94.02M	86.81M	99.04M	128.38M	56.21M	46.90M
Total Debt	354.89M	397.37M	264.44M	299.48M	306.96M	159.63M
Total Liabilities	466.59M	461.79M	334.98M	379.52M	406.34M	215.97M
Stockholders Equity	420.26M	427.82M	323.89M	314.23M	247.20M	182.77M
Cash Flow
Free Cash Flow	40.64M	-3.74M	26.52M	98.41M	-134.91M	17.91M
Operating Cash Flow	57.88M	65.69M	53.79M	134.80M	61.75M	20.84M
Investing Cash Flow	-8.43M	-67.69M	-15.98M	-28.51M	-197.79M	-6.89M
Financing Cash Flow	-48.28M	-10.23M	-67.15M	-34.12M	143.86M	-18.61M

Pangaea Logistics Solutions Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PANL, the sentiment is Positive. The current price of 7.09 is above the 20-day moving average (MA) of 6.46, above the 50-day MA of 5.53, and above the 200-day MA of 4.95, indicating a bullish trend. The MACD of 0.48 indicates Negative momentum. The RSI at 74.10 is Negative, neither overbought nor oversold. The STOCH value of 74.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PANL.

Pangaea Logistics Solutions Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESEA	77 Outperform	$432.13M	3.56	31.33%	4.38%	7.26%	6.60%
SB	72 Outperform	$539.23M	14.46	5.58%	4.07%	-13.74%	-59.37%
PANL	70 Outperform	$452.87M	23.56	4.23%	3.55%	14.21%	-36.71%
SHIP	70 Outperform	$222.75M	14.50	5.66%	4.98%	-8.99%	-68.66%
ASC	70 Outperform	$489.92M	15.49	5.28%	2.48%	-26.81%	-78.30%
DSX	65 Neutral	$217.65M	11.53	4.91%	2.27%	-5.45%	139.59%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Pangaea Logistics Solutions Corporate Events

Pangaea Logistics Q3 Earnings Call Highlights Growth

Pangaea Logistics Solutions Ltd. recently held its third-quarter earnings call, revealing a strong performance characterized by significant revenue growth and strategic expansions. Despite facing challenges such as increased operating costs and delays in port expansion, the overall sentiment was positive, reflecting the company’s robust financial health and strategic initiatives.

Pangaea Logistics Reports Strong Q3 2025 Results

Pangaea Logistics Solutions Ltd. is a global provider of maritime logistics solutions, specializing in dry bulk logistics and transportation services, including terminal and stevedoring operations. The company recently reported its financial results for the third quarter of 2025, highlighting a GAAP net income of $12.2 million and an adjusted EBITDA of $28.9 million. The company also declared a quarterly cash dividend of $0.05 per share.

Pangaea Logistics Announces CEO Transition Plan

On September 17, 2025, Pangaea Logistics Solutions announced the retirement of CEO Mark Filanowski, effective January 1, 2026, after eleven years with the company. Mads Petersen, the current COO, will succeed him as CEO and join the Board of Directors on the same date. Petersen, who has been with the company since 2009, has played a crucial role in its growth and strategic execution, particularly in ice-class vessel activities and newbuilding projects. His appointment is part of a succession plan aimed at continuing Pangaea’s strategic vision and delivering long-term value for shareholders.

The most recent analyst rating on (PANL) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Pangaea Logistics Solutions stock, see the PANL Stock Forecast page.

Pangaea Logistics Earnings Call: Strategic Growth Amidst Challenges

The recent earnings call for Pangaea Logistics Solutions Ltd. painted a picture of cautious optimism. While the company celebrated strategic expansions and operational achievements, such as increased shipping days and impressive TCE rate performance, these were tempered by financial challenges, including an adjusted net loss and decreased EBITDA margin. The overall sentiment was one of navigating through operational and financial hurdles with a hopeful outlook.