Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Par Pacific Holdings Inc (NYSE: PARR) was $17.81 for the day, down -3.21% from the previous closing price of $18.40. In other words, the price has decreased by -$3.21 from its previous closing price. On the day, 1.05 million shares were traded. PARR stock price reached its highest trading level at $18.12 during the session, while it also had its lowest trading level at $17.54.
Ratios:
Our analysis of PARR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 1.13.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on December 16, 2024, Downgraded its rating to Neutral and sets its target price to $22 from $26 previously.
On October 02, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $36 to $30.
Piper Sandler Downgraded its Overweight to Neutral on September 20, 2024, whereas the target price for the stock was revised from $37 to $23.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 16 ’24 when Monteleone William sold 26,507 shares for $15.81 per share. The transaction valued at 419,076 led to the insider holds 357,374 shares of the business.
Monteleone William bought 26,507 shares of PARR for $419,003 on Dec 16 ’24. On Dec 12 ’24, another insider, PATE WILLIAM, who serves as the Director of the company, sold 67,700 shares for $16.22 each. As a result, the insider received 1,098,094 and left with 524,610 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PARR now has a Market Capitalization of 1029519488 and an Enterprise Value of 2318058240. As of this moment, Par’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.45, and their Forward P/E ratio for the next fiscal year is 12.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.278 whereas that against EBITDA is 6.117.
Stock Price History:
The Beta on a monthly basis for PARR is 2.00, which has changed by -0.45351946 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, PARR has reached a high of $40.69, while it has fallen to a 52-week low of $14.84. The 50-Day Moving Average of the stock is 6.50%, while the 200-Day Moving Average is calculated to be -20.96%.
Shares Statistics:
PARR traded an average of 949.92K shares per day over the past three months and 831040 shares per day over the past ten days. A total of 55.99M shares are outstanding, with a floating share count of 53.32M. Insiders hold about 4.70% of the company’s shares, while institutions hold 93.28% stake in the company. Shares short for PARR as of 1735603200 were 3073027 with a Short Ratio of 3.24, compared to 1732838400 on 3821757. Therefore, it implies a Short% of Shares Outstanding of 3073027 and a Short% of Float of 6.68.
