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The price of Par Pacific Holdings Inc (NYSE: PARR) closed at $26.55 in the last session, up 1.45% from day before closing price of $26.17. In other words, the price has increased by $1.45 from its previous closing price. On the day, 1.36 million shares were traded. PARR stock price reached its highest trading level at $27.445 during the session, while it also had its lowest trading level at $26.2.
Ratios:
We take a closer look at PARR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 0.71.
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, Mizuho on July 17, 2024, initiated with a Outperform rating and assigned the stock a target price of $33.
On June 25, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $42 to $36.
TD Cowen reiterated its Buy rating for the stock on May 08, 2024, while the target price for the stock was revised from $45 to $42.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1538251264 and an Enterprise Value of 2294761472. As of this moment, Par’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.32, and their Forward P/E ratio for the next fiscal year is 8.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 0.269 whereas that against EBITDA is 4.164.
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 $22.77. The 50-Day Moving Average of the stock is 5.19%, while the 200-Day Moving Average is calculated to be -17.93%.
Shares Statistics:
According to the various share statistics, PARR traded on average about 783.58K shares per day over the past 3-months and 787980 shares per day over the past 10 days. A total of 59.76M shares are outstanding, with a floating share count of 56.41M. Insiders hold about 2.65% of the company’s shares, while institutions hold 97.55% stake in the company. Shares short for PARR as of 1721001600 were 2507342 with a Short Ratio of 3.20, compared to 1718323200 on 2501272. Therefore, it implies a Short% of Shares Outstanding of 2507342 and a Short% of Float of 5.2299999999999995.
