At the time of writing, Par Technology Corp. [PAR] stock is trading at $51.54, up 1.48%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PAR shares have gain 14.41% over the last week, with a monthly amount glided 4.82%, and 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 August 12, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $60 from $45. Previously, Stephens upgraded its rating to Overweight on June 13, 2024, and elevated its price target to $60. On May 22, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $59 on the stock. Sidoti upgraded its rating to a Buy but stick to its price target of $61 on March 12, 2024. The Benchmark Company initiated its recommendation with a Hold. Sidoti downgraded its rating to Neutral for this stock on January 29, 2024. In a note dated October 17, 2023, Stephens initiated an Equal-Weight rating and provided a target price of $43 on this stock.
For the past year, the stock price of Par Technology Corp. fluctuated between $28.21 and $55.66. Currently, Wall Street analysts expect the stock to reach $70.13 within the next 12 months. Par Technology Corp. [NYSE: PAR] shares were valued at $51.54 at the most recent close of the market. An investor can expect a potential return of 36.07% based on the average PAR price forecast.
Analyzing the PAR fundamentals
According to Par Technology Corp. [NYSE:PAR], the company’s sales were 398.49M for trailing twelve months, which represents an -22.27% plunge. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is -0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.65.
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 50.01 points at the first support level, and at 48.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.36, and for the 2nd resistance point, it is at 55.19.
Ratios To Look Out For
It is important to note that Par Technology Corp. [NYSE:PAR] has a current ratio of 3.12. As well, the Quick Ratio is 2.80, while the Cash Ratio is 1.45. Considering the valuation of this stock, the price to sales ratio is 4.69, the price to book ratio is 2.99.
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.
