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After finishing at $21.63 in the prior trading day, Par Pacific Holdings Inc (NYSE: PARR) closed at $21.55, down -0.37%. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 0.69 million shares were traded. PARR stock price reached its highest trading level at $21.78 during the session, while it also had its lowest trading level at $21.38.
Ratios:
Our goal is to gain a better understanding of PARR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.50. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 27 ’23, another insider, PATE WILLIAM, who serves as the Chief Executive Officer of the company, sold 75,000 shares for $35.03 each. As a result, the insider received 2,627,250 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 1218436992 and an Enterprise Value of 2466534144. As of this moment, Par’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.75, and their Forward P/E ratio for the next fiscal year is 6.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.282 whereas that against EBITDA is 4.512.
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 $21.31. The 50-Day Moving Average of the stock is -10.52%, while the 200-Day Moving Average is calculated to be -31.47%.
Shares Statistics:
The stock has traded on average 867.92K shares per day over the past 3-months and 869300 shares per day over the last 10 days, according to various share statistics. 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 96.13% stake in the company. Shares short for PARR as of 1723680000 were 2346473 with a Short Ratio of 2.70, compared to 1721001600 on 2507342. Therefore, it implies a Short% of Shares Outstanding of 2346473 and a Short% of Float of 5.06.
