Pangaea Logistics Solutions (OLED) Stock Forecast, Price Target & Predictions
OLED Stock Forecast
Pangaea Logistics Solutions stock forecast is as follows: an average price target of $191.50 (represents a 16.46% upside from OLED’s last price of $164.43) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
OLED Price Target
The average price target for Pangaea Logistics Solutions (OLED) is $191.50 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $220.00 to $150.00. This represents a potential 16.46% upside from OLED's last price of $164.43.
OLED Analyst Ratings
According to 10 Wall Street analysts, Pangaea Logistics Solutions's rating consensus is 'Buy'. The analyst rating breakdown for OLED stock is 0 'Strong Buy' (0.00%), 7 'Buy' (70.00%), 3 'Hold' (30.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Pangaea Logistics Solutions Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 31, 2024 | Martin Yang | Oppenheimer | $220.00 | $203.16 | 8.29% | 33.80% |
| Oct 31, 2024 | James Ricchiuti | Needham | $215.00 | $203.16 | 5.83% | 30.75% |
| Aug 23, 2024 | Atif Malik | Citigroup | $200.00 | $194.12 | 3.03% | 21.63% |
| Jul 03, 2024 | Martin Yang | Oppenheimer | $250.00 | $213.44 | 17.13% | 52.04% |
| Jul 02, 2024 | James Ricchiuti | Needham | $242.00 | $208.61 | 16.01% | 47.18% |
| May 03, 2024 | Brooks Idlet | CFRA | $172.00 | $171.33 | 0.39% | 4.60% |
| Feb 24, 2023 | Martin Yang | Oppenheimer | $400.00 | $129.56 | 208.74% | 143.26% |
| Aug 01, 2022 | - | Deutsche Bank | $150.00 | $113.31 | 32.38% | -8.78% |
| Jul 28, 2022 | - | Goldman Sachs | $192.00 | $112.98 | 69.94% | 16.77% |
| Jul 26, 2022 | - | Needham | $140.00 | $112.86 | 24.05% | -14.86% |
The latest Pangaea Logistics Solutions stock forecast, released on Oct 31, 2024 by Martin Yang from Oppenheimer, set a price target of $220.00, which represents a 8.29% increase from the stock price at the time of the forecast ($203.16), and a 33.80% increase from OLED last price ($164.43).
Pangaea Logistics Solutions Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 6 |
| Avg Price Target | $217.50 | $211.67 | $216.50 |
| Last Closing Price | $164.43 | $164.43 | $164.43 |
| Upside/Downside | 32.28% | 28.73% | 31.67% |
In the current month, the average price target of Pangaea Logistics Solutions stock is $217.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 32.28% increase as opposed to Pangaea Logistics Solutions's last price of $164.43. This month's average price target is up 2.75% compared to last quarter, and up 0.46% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 31, 2024 | Needham | Buy | Buy | Hold |
| Oct 16, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 23, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 02, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 18, 2024 | Raymond James | Buy | Buy | Hold |
| Jul 18, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| Jul 03, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Jul 02, 2024 | Needham | Buy | Buy | Hold |
| May 03, 2024 | CFRA | Hold | Hold | Hold |
Pangaea Logistics Solutions's last stock rating was published by Oppenheimer on Oct 31, 2024. The company gave OLED a "Outperform" rating, the same as its previous rate.
Pangaea Logistics Solutions Financial Forecast
Pangaea Logistics Solutions Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $141.08M | $146.56M | $130.47M | $169.03M | $160.56M | $136.56M | $150.47M | $146.25M | $143.62M | $129.66M | $134.00M | $141.54M | $117.08M | $57.97M | $112.28M | $101.73M | $97.52M |
| Avg Forecast | $231.20M | $209.00M | $184.40M | $173.30M | $199.44M | $187.01M | $168.56M | $163.58M | $154.10M | $163.55M | $159.46M | $150.75M | $161.08M | $148.88M | $128.60M | $135.90M | $148.97M | $147.97M | $148.52M | $144.54M | $144.60M | $145.26M | $128.09M | $119.95M | $109.30M | $90.05M | $74.20M | $93.94M | $100.97M | $85.88M |
| High Forecast | $255.40M | $230.88M | $203.70M | $191.44M | $220.32M | $206.59M | $186.21M | $174.22M | $170.61M | $164.31M | $159.46M | $150.75M | $169.08M | $160.15M | $142.06M | $150.13M | $164.56M | $147.97M | $148.52M | $144.54M | $144.60M | $145.26M | $128.09M | $119.95M | $109.30M | $90.05M | $74.20M | $93.94M | $100.97M | $85.88M |
| Low Forecast | $217.46M | $196.58M | $173.44M | $163.00M | $187.59M | $175.90M | $158.55M | $152.92M | $147.68M | $162.79M | $159.46M | $150.75M | $156.98M | $141.19M | $120.96M | $127.83M | $140.12M | $147.97M | $148.52M | $144.54M | $144.60M | $145.26M | $128.09M | $119.95M | $109.30M | $90.05M | $74.20M | $93.94M | $100.97M | $85.88M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.14% | 0.96% | 1.13% | 1.09% | 0.92% | 1.04% | 1.01% | 0.99% | 1.01% | 1.12% | 1.29% | 1.30% | 0.78% | 1.20% | 1.01% | 1.14% |
Pangaea Logistics Solutions's average Quarter revenue forecast for Dec 23 based on 3 analysts is $161.08M, with a low forecast of $156.98M, and a high forecast of $169.08M. OLED's average Quarter revenue forecast represents a 14.18% increase compared to the company's last Quarter revenue of $141.08M (Sep 23).
Pangaea Logistics Solutions EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $48.44M | $58.64M | $54.76M | $85.98M | $78.48M | $64.72M | $73.38M | $67.70M | $68.51M | $60.66M | $73.50M | $76.27M | $59.08M | $9.41M | $55.96M | $45.97M | $52.28M |
| Avg Forecast | $109.62M | $99.09M | $87.43M | $82.17M | $94.56M | $88.67M | $79.92M | $77.56M | $73.06M | $77.54M | $75.61M | $83.06M | $76.37M | $70.59M | $60.97M | $75.51M | $78.16M | $70.16M | $70.42M | $68.64M | $68.56M | $68.87M | $60.73M | $46.52M | $51.82M | $42.70M | $35.18M | $41.97M | $47.87M | $40.72M |
| High Forecast | $121.09M | $109.47M | $96.58M | $90.77M | $104.46M | $97.95M | $88.29M | $82.60M | $80.89M | $77.90M | $75.61M | $99.67M | $80.16M | $75.93M | $67.36M | $90.61M | $93.79M | $70.16M | $70.42M | $82.37M | $68.56M | $68.87M | $60.73M | $55.82M | $51.82M | $42.70M | $35.18M | $50.36M | $47.87M | $40.72M |
| Low Forecast | $103.11M | $93.21M | $82.24M | $77.29M | $88.94M | $83.40M | $75.17M | $72.51M | $70.02M | $77.18M | $75.60M | $66.45M | $74.43M | $66.94M | $57.35M | $60.41M | $62.53M | $70.16M | $70.42M | $54.91M | $68.56M | $68.87M | $60.73M | $37.22M | $51.82M | $42.70M | $35.18M | $33.58M | $47.87M | $40.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 0.96% | 0.73% | 1.10% | 1.12% | 0.92% | 1.07% | 0.99% | 0.99% | 1.00% | 1.58% | 1.47% | 1.38% | 0.27% | 1.33% | 0.96% | 1.28% |
3 analysts predict OLED's average Quarter EBITDA for Dec 23 to be $76.37M, with a high of $80.16M and a low of $74.43M. This is 57.68% upper than Pangaea Logistics Solutions's previous annual EBITDA (Sep 23) of $48.44M.
Pangaea Logistics Solutions Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $51.52M | $49.68M | $39.84M | $65.13M | $53.45M | $41.50M | $49.97M | $45.88M | $46.11M | $40.54M | $51.69M | $53.90M | $40.50M | $815.00K | $38.16M | $26.43M | $36.96M |
| Avg Forecast | $84.37M | $73.41M | $61.02M | $55.77M | $70.79M | $68.31M | $57.35M | $56.58M | $51.35M | $62.27M | $54.13M | $56.14M | $55.05M | $48.03M | $35.57M | $51.04M | $52.96M | $46.87M | $47.90M | $46.40M | $48.03M | $51.09M | $42.13M | $32.71M | $30.49M | $21.27M | $14.10M | $28.62M | $35.27M | $27.48M |
| High Forecast | $95.86M | $83.40M | $69.32M | $63.36M | $80.42M | $77.61M | $65.16M | $60.39M | $58.11M | $70.74M | $54.14M | $67.37M | $61.12M | $54.75M | $40.41M | $61.25M | $63.55M | $46.87M | $47.90M | $55.68M | $48.03M | $51.09M | $42.13M | $39.26M | $30.49M | $21.27M | $14.10M | $34.34M | $35.27M | $27.48M |
| Low Forecast | $77.86M | $67.74M | $56.30M | $51.47M | $65.32M | $63.04M | $52.92M | $52.23M | $46.40M | $57.46M | $54.12M | $44.92M | $50.39M | $44.18M | $32.82M | $40.83M | $42.37M | $46.87M | $47.90M | $37.12M | $48.03M | $51.09M | $42.13M | $26.17M | $30.49M | $21.27M | $14.10M | $22.89M | $35.27M | $27.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.40% | 0.78% | 1.23% | 1.14% | 0.87% | 1.08% | 0.96% | 0.90% | 0.96% | 1.58% | 1.77% | 1.90% | 0.06% | 1.33% | 0.75% | 1.35% |
Pangaea Logistics Solutions's average Quarter net income forecast for Dec 23 is $55.05M, with a range of $50.39M to $61.12M. OLED's average Quarter net income forecast represents a 6.86% increase compared to the company's last Quarter net income of $51.52M (Sep 23).
Pangaea Logistics Solutions SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.08M | $17.08M | $15.40M | $18.51M | $18.44M | $19.87M | $21.06M | $22.77M | $20.96M | $20.24M | $16.40M | $16.22M | $13.58M | $16.15M | $15.40M | $19.08M | $12.62M |
| Avg Forecast | $31.38M | $28.36M | $25.03M | $23.52M | $27.07M | $25.38M | $22.88M | $22.20M | $20.91M | $22.20M | $21.64M | $23.66M | $21.86M | $20.21M | $17.45M | $21.51M | $26.29M | $20.08M | $20.16M | $19.56M | $19.62M | $19.71M | $17.38M | $10.38M | $14.83M | $12.22M | $10.07M | $11.55M | $13.70M | $11.66M |
| High Forecast | $34.66M | $31.33M | $27.65M | $25.98M | $29.90M | $28.04M | $25.27M | $23.65M | $23.16M | $22.30M | $21.64M | $28.40M | $22.95M | $21.74M | $19.28M | $25.82M | $31.54M | $20.08M | $20.16M | $23.47M | $19.62M | $19.71M | $17.38M | $12.46M | $14.83M | $12.22M | $10.07M | $13.86M | $13.70M | $11.66M |
| Low Forecast | $29.51M | $26.68M | $23.54M | $22.12M | $25.46M | $23.87M | $21.52M | $20.75M | $20.04M | $22.09M | $21.64M | $18.93M | $21.31M | $19.16M | $16.42M | $17.21M | $21.03M | $20.08M | $20.16M | $15.65M | $19.62M | $19.71M | $17.38M | $8.31M | $14.83M | $12.22M | $10.07M | $9.24M | $13.70M | $11.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.98% | 0.72% | 0.70% | 0.92% | 0.99% | 1.08% | 1.16% | 1.06% | 1.16% | 1.58% | 1.09% | 1.11% | 1.60% | 1.33% | 1.39% | 1.08% |
Pangaea Logistics Solutions's average Quarter SG&A projection for Dec 23 is $21.86M, based on 3 Wall Street analysts, with a range of $21.31M to $22.95M. The forecast indicates a 20.89% rise compared to OLED last annual SG&A of $18.08M (Sep 23).
Pangaea Logistics Solutions EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.08 | $1.04 | $0.83 | $1.37 | $1.12 | $0.87 | $1.05 | $0.97 | $0.97 | $0.85 | $1.09 | $1.13 | $0.85 | $0.02 | $0.80 | $0.56 | $0.78 |
| Avg Forecast | $1.77 | $1.54 | $1.28 | $1.17 | $1.49 | $1.43 | $1.20 | $1.19 | $1.08 | $1.31 | $1.14 | $1.07 | $1.15 | $1.01 | $0.75 | $0.82 | $0.94 | $0.98 | $1.01 | $0.98 | $1.01 | $1.07 | $0.88 | $0.79 | $0.64 | $0.45 | $0.30 | $0.62 | $0.74 | $0.58 |
| High Forecast | $2.01 | $1.75 | $1.45 | $1.33 | $1.69 | $1.63 | $1.37 | $1.27 | $1.22 | $1.48 | $1.14 | $1.07 | $1.28 | $1.15 | $0.85 | $0.93 | $1.07 | $0.98 | $1.01 | $0.98 | $1.01 | $1.07 | $0.88 | $0.79 | $0.64 | $0.45 | $0.30 | $0.62 | $0.74 | $0.58 |
| Low Forecast | $1.63 | $1.42 | $1.18 | $1.08 | $1.37 | $1.32 | $1.11 | $1.10 | $0.97 | $1.21 | $1.14 | $1.07 | $1.06 | $0.93 | $0.69 | $0.76 | $0.87 | $0.98 | $1.01 | $0.98 | $1.01 | $1.07 | $0.88 | $0.79 | $0.64 | $0.45 | $0.30 | $0.62 | $0.74 | $0.58 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.39% | 1.01% | 1.45% | 1.14% | 0.87% | 1.07% | 0.96% | 0.90% | 0.96% | 1.37% | 1.77% | 1.90% | 0.07% | 1.30% | 0.76% | 1.35% |
According to 3 Wall Street analysts, Pangaea Logistics Solutions's projected average Quarter EPS for Dec 23 is $1.15, with a low estimate of $1.06 and a high estimate of $1.28. This represents a 6.93% increase compared to OLED previous annual EPS of $1.08 (Sep 23).
Pangaea Logistics Solutions Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ROG | Rogers | $101.00 | $150.00 | 48.51% | Buy |
| MEI | Methode Electronics | $9.26 | $12.50 | 34.99% | Hold |
| APH | Amphenol | $70.98 | $92.85 | 30.81% | Buy |
| OLED | Pangaea Logistics Solutions | $164.43 | $191.50 | 16.46% | Buy |
| TEL | TE Connectivity | $146.95 | $158.07 | 7.57% | Buy |
| JBL | Jabil | $127.55 | $131.50 | 3.10% | Buy |
| VICR | Vicor | $53.10 | $54.00 | 1.69% | Hold |
| FLEX | Flex | $37.33 | $37.25 | -0.21% | Buy |
| SANM | Sanmina | $76.94 | $62.00 | -19.42% | Buy |
| PLXS | Plexus | $157.83 | $119.00 | -24.60% | Buy |
| FN | Fabrinet | $248.74 | $182.14 | -26.77% | Hold |
| BHE | Benchmark Electronics | $47.32 | $34.00 | -28.15% | Buy |