Par Pacific Holdings Inc [PARR] stock prices are up 2.26% to $25.37 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PARR shares have gain 7.36% over the last week, with a monthly amount glided 1.76%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Par Pacific Holdings Inc [NYSE: PARR] stock has seen the most recent analyst activity on July 17, 2024, when Mizuho initiated its Outperform rating and assigned the stock a price target of $33. Previously, TD Cowen reaffirmed its Buy rating on June 25, 2024, and dropped its price target to $36. On May 08, 2024, TD Cowen reiterated its Buy rating and revised its price target to $42 on the stock. TD Cowen reiterated its Outperform rating and decreased its price target to $28 on May 05, 2023. UBS initiated its recommendation with a Neutral and recommended $34 as its price target on March 09, 2023. Piper Sandler upgraded its rating to Overweight for this stock on January 20, 2023, and upped its price target to $33. In a note dated August 18, 2022, Goldman downgraded an Neutral rating on this stock and boosted its target price from $19.50 to $20.
The stock price of Par Pacific Holdings Inc [PARR] has been fluctuating between $22.77 and $40.69 over the past year. Currently, Wall Street analysts expect the stock to reach $37 within the next 12 months. Par Pacific Holdings Inc [NYSE: PARR] shares were valued at $25.37 at the most recent close of the market. An investor can expect a potential return of 45.84% based on the average PARR price forecast.
Analyzing the PARR fundamentals
The Par Pacific Holdings Inc [NYSE:PARR] reported sales of 8.53B for trailing twelve months, representing a surge of 17.54%. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.42 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.77.
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 24.86 points at the first support level, and at 24.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.64, and for the 2nd resistance point, it is at 25.91.
Ratios To Look Out For
It’s worth pointing out that Par Pacific Holdings Inc [NYSE:PARR]’s Current Ratio is 1.28. Also, the Quick Ratio is 0.50, while the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 0.17, the price to book ratio is 1.14 and price to earnings (TTM) ratio is 3.17.
Transactions by insiders
Recent insider trading involved Guerra Ivan Daniel, Chief Accounting Officer, that happened on Mar 13 ’24 when 6000.0 shares were sold., Hollis Jeffrey Ryan completed a deal on Mar 13 ’24 to sell 4700.0 shares. Meanwhile, Chief Executive Officer PATE WILLIAM sold 75000.0 shares on Nov 28 ’23.
