At the time of writing, Par Pacific Holdings Inc [PARR] stock is trading at $15.56, up 3.11%. An important factor to consider is whether the stock is rising or falling in short-term value. The PARR shares have gain 1.10% over the last week, with a monthly amount drifted -10.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Par Pacific Holdings Inc [NYSE: PARR] stock has seen the most recent analyst activity on December 16, 2024, when Mizuho downgraded its rating to a Neutral and also revised its price target to $22 from $26. Previously, JP Morgan upgraded its rating to Overweight on October 02, 2024, and dropped its price target to $30. On September 20, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $23 on the stock. Tudor Pickering Holt & Co. downgraded its rating to a Hold. TD Cowen reiterated its recommendation of a Buy and reduced its price target to $32 on August 09, 2024. Mizuho started tracking with a Outperform rating for this stock on July 17, 2024, and assigned it a price target of $33. In a note dated June 25, 2024, TD Cowen reiterated an Buy rating on this stock and revised its target price from $42 to $36.
For the past year, the stock price of Par Pacific Holdings Inc fluctuated between $14.84 and $40.69. Currently, Wall Street analysts expect the stock to reach $23.33 within the next 12 months. Par Pacific Holdings Inc [NYSE: PARR] shares were valued at $15.56 at the most recent close of the market. An investor can expect a potential return of 49.94% based on the average PARR price forecast.
Analyzing the PARR fundamentals
According to Par Pacific Holdings Inc [NYSE:PARR], the company’s sales were 8.33B for trailing twelve months, which represents an -16.88% plunge. Gross Profit Margin for this corporation currently stands at 0.05% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.24 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.
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 15.19 points at the first support level, and at 14.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.78, and for the 2nd resistance point, it is at 16.01.
Ratios To Look Out For
It is important to note that Par Pacific Holdings Inc [NYSE:PARR] has a current ratio of 1.69. On the other hand, the Quick Ratio is 0.66, and the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.10, the price to book ratio is 0.69 and price to earnings (TTM) ratio is 3.01.
Transactions by insiders
Recent insider trading involved Monteleone William, President and CEO, that happened on Dec 16 ’24 when 26507.0 shares were sold. Officer, Monteleone William completed a deal on Dec 16 ’24 to buy 26507.0 shares. Meanwhile, Director PATE WILLIAM sold 67700.0 shares on Dec 12 ’24.
