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The closing price of Par Pacific Holdings Inc (NYSE: PARR) was $23.15 for the day, down -1.66% from the previous closing price of $23.54. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 0.73 million shares were traded. PARR stock price reached its highest trading level at $23.55 during the session, while it also had its lowest trading level at $23.065.
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 7.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 1.07.
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 this company, TD Cowen on August 09, 2024, Reiterated its Buy rating but revised its target price to $32 from $36 previously.
On July 17, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $33.
TD Cowen reiterated its Buy rating for the stock on June 25, 2024, while the target price for the stock was revised from $42 to $36.
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 Mar 13 ’24 when Guerra Ivan Daniel sold 6,000 shares for $37.49 per share. The transaction valued at 224,940 led to the insider holds 16,200 shares of the business.
Hollis Jeffrey Ryan sold 4,700 shares of PARR for $175,733 on Mar 13 ’24. The insider now owns 13,176 shares after completing the transaction at $37.39 per share. On Nov 28 ’23, another insider, PATE WILLIAM, who serves as the Chief Executive Officer of the company, sold 75,000 shares for $34.73 each. As a result, the insider received 2,604,750 and left with 483,019 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 1304060288 and an Enterprise Value of 2556663552. As of this moment, Par’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.96, and their Forward P/E ratio for the next fiscal year is 7.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 0.292 whereas that against EBITDA is 4.677.
Stock Price History:
Over the past 52 weeks, PARR has reached a high of $40.69, while it has fallen to a 52-week low of $22.54. The 50-Day Moving Average of the stock is -6.19%, while the 200-Day Moving Average is calculated to be -27.62%.
Shares Statistics:
PARR traded an average of 814.83K shares per day over the past three months and 1103960 shares per day over the past ten days. A total of 59.76M shares are outstanding, with a floating share count of 54.84M. Insiders hold about 2.64% of the company’s shares, while institutions hold 99.82% stake in the company. Shares short for PARR as of 1722384000 were 2189608 with a Short Ratio of 2.69, compared to 1719532800 on 2711612. Therefore, it implies a Short% of Shares Outstanding of 2189608 and a Short% of Float of 4.67.
Earnings Estimates
The performance of Par Pacific Holdings Inc (PARR) in the stock market is under the watchful eye of 7.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.51, with high estimates of $1.06 and low estimates of -$0.2.
Analysts are recommending an EPS of between $3.75 and $1.7 for the fiscal current year, implying an average EPS of $2.53. EPS for the following year is $3.18, with 7.0 analysts recommending between $4.98 and $0.9.
Revenue Estimates
For the next quarter, 5 analysts are estimating revenue of $1.94B. There is a high estimate of $2.37B for the next quarter, whereas the lowest estimate is $1.63B.
A total of 5 analysts have provided revenue estimates for PARR’s current fiscal year. The highest revenue estimate was $8.85B, while the lowest revenue estimate was $7.01B, resulting in an average revenue estimate of $7.8B. In the same quarter a year ago, actual revenue was $8.23BBased on 4 analysts’ estimates, the company’s revenue will be $6.87B in the next fiscal year. The high estimate is $8.42B and the low estimate is $5.79B.
