Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $73.70 in the prior trading day, Par Technology Corp (NYSE: PAR) closed at $69.35, down -5.90%. In other words, the price has decreased by -$5.90 from its previous closing price. On the day, 0.54 million shares were traded. PAR stock price reached its highest trading level at $74.005 during the session, while it also had its lowest trading level at $68.545.
Ratios:
Our goal is to gain a better understanding of PAR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.68.
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, Jefferies on August 12, 2024, Upgraded its rating to Buy and sets its target price to $60 from $45 previously.
On June 13, 2024, Stephens Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $46 to $60.
The Benchmark Company Upgraded its Hold to Buy on May 22, 2024, while the target price for the stock was maintained at $59.
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 Aug 28 ’24 when Rauch Douglas Gregory sold 3,000 shares for $53.61 per share. The transaction valued at 160,830 led to the insider holds 14,760 shares of the business.
DOUGLAS RAUCH bought 3,000 shares of PAR for $160,830 on Aug 28 ’24. On Apr 08 ’24, another insider, MENAR BRYAN A, who serves as the Chief Financial Officer of the company, sold 803 shares for $43.79 each. As a result, the insider received 35,163 and left with 54,601 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, PAR now has a Market Capitalization of 2621998592 and an Enterprise Value of 2873847808. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.49 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 6.33 whereas that against EBITDA is -52.464.
Stock Price History:
Over the past 52 weeks, PAR has reached a high of $82.24, while it has fallen to a 52-week low of $37.74. The 50-Day Moving Average of the stock is -4.95%, while the 200-Day Moving Average is calculated to be 26.15%.
Shares Statistics:
The stock has traded on average 464.68K shares per day over the past 3-months and 360850 shares per day over the last 10 days, according to various share statistics. A total of 36.30M shares are outstanding, with a floating share count of 35.58M. Insiders hold about 2.00% of the company’s shares, while institutions hold 111.27% stake in the company. Shares short for PAR as of 1734048000 were 4361247 with a Short Ratio of 9.39, compared to 1731628800 on 5817600. Therefore, it implies a Short% of Shares Outstanding of 4361247 and a Short% of Float of 14.24.
