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The price of Par Pacific Holdings Inc (NYSE: PARR) closed at $17.49 in the last session, up 1.04% from day before closing price of $17.31. In other words, the price has increased by $1.04 from its previous closing price. On the day, 1.01 million shares were traded. PARR stock price reached its highest trading level at $17.62 during the session, while it also had its lowest trading level at $17.005.
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 5.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 1.13.
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, JP Morgan on October 02, 2024, Upgraded its rating to Overweight and sets its target price to $30 from $36 previously.
On September 20, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $37 to $23.
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 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 978602240 and an Enterprise Value of 2300153600. As of this moment, Par’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.39, and their Forward P/E ratio for the next fiscal year is 9.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.276 whereas that against EBITDA is 6.07.
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 $14.84. The 50-Day Moving Average of the stock is -0.94%, while the 200-Day Moving Average is calculated to be -34.80%.
Shares Statistics:
According to the various share statistics, PARR traded on average about 1.09M shares per day over the past 3-months and 1196680 shares per day over the past 10 days. A total of 59.76M shares are outstanding, with a floating share count of 54.46M. Insiders hold about 2.66% of the company’s shares, while institutions hold 97.95% stake in the company. Shares short for PARR as of 1730332800 were 3001858 with a Short Ratio of 2.75, compared to 1727654400 on 3122040. Therefore, it implies a Short% of Shares Outstanding of 3001858 and a Short% of Float of 6.529999999999999.
