The closing price of Par Pacific Holdings Inc (NYSE: PARR) was $34.53 for the day, down -1.31% from the previous closing price of $34.99. On the day, 669298 shares were traded.
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 7.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 1.21 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, TD Cowen on May 05, 2023, Reiterated its Outperform rating but revised its target price to $28 from $32 previously.
On March 09, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $34.
Piper Sandler Upgraded its Neutral to Overweight on January 20, 2023, whereas the target price for the stock was revised from $27 to $33.
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:
As of this moment, Par’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.89, and their Forward P/E ratio for the next fiscal year is 10.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 1.55.
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 $20.30.
Shares Statistics:
A total of 59.76M shares are outstanding, with a floating share count of 57.62M. Insiders hold about 2.90% of the company’s shares, while institutions hold 94.38% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Paramount Global analysts. The consensus estimate for the next quarter is $18.42, with high estimates of $56.84 and low estimates of $25.29.
