At the time of writing, Par Technology Corp. [PAR] stock is trading at $47.09, up 1.33%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PAR shares have gain 10.44% over the last week, with a monthly amount drifted -0.61%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Par Technology Corp. [NYSE: PAR] stock has seen the most recent analyst activity on June 13, 2024, when Stephens upgraded its rating to a Overweight and also boosted its price target to $60 from $46. Previously, The Benchmark Company upgraded its rating to Buy on May 22, 2024, and kept the price target unchanged to $59. On March 12, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $61 on the stock. The Benchmark Company started tracking the stock assigning a Hold rating. Sidoti downgraded its rating to a Neutral. Stephens started tracking with a Equal-Weight rating for this stock on October 17, 2023, and assigned it a price target of $43. In a note dated July 26, 2023, Lake Street initiated an Buy rating and provided a target price of $39 on this stock.
For the past year, the stock price of Par Technology Corp. fluctuated between $28.21 and $50.00. Currently, Wall Street analysts expect the stock to reach $54.57 within the next 12 months. Par Technology Corp. [NYSE: PAR] shares were valued at $47.09 at the most recent close of the market. An investor can expect a potential return of 15.88% based on the average PAR price forecast.
Analyzing the PAR fundamentals
According to Par Technology Corp. [NYSE:PAR], the company’s sales were 420.88M for trailing twelve months, which represents an 5.04% jump. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.19%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.19 and Total Capital is -0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.72.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 46.34 points at the first support level, and at 45.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.65, and for the 2nd resistance point, it is at 48.21.
Ratios To Look Out For
It is important to note that Par Technology Corp. [NYSE:PAR] has a current ratio of 2.07. Further, the Quick Ratio stands at 1.81, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 3.80, the price to book ratio is 3.04.
Transactions by insiders
Recent insider trading involved MENAR BRYAN A, Chief Financial Officer, that happened on Apr 08 ’24 when 803.0 shares were sold. Director, Rauch Douglas Gregory completed a deal on Mar 14 ’24 to sell 4500.0 shares. Meanwhile, Chief Financial Officer MENAR BRYAN A sold 6069.0 shares on Mar 07 ’24.
