Par Pacific Holdings Inc [PARR] stock is trading at $16.10, down -0.56%. 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 PARR shares have gain 6.69% over the last week, with a monthly amount drifted -7.47%, 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.
Par Pacific Holdings Inc [PARR] stock has fluctuated between $14.84 and $40.69 over the past year. 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 $16.10 at the most recent close of the market. An investor can expect a potential return of 44.91% based on the average PARR price forecast.
Analyzing the PARR fundamentals
Par Pacific Holdings Inc [NYSE:PARR] reported sales of 8.33B for the trailing twelve months, which represents a drop of -16.88%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
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 15.90 points at the first support level, and at 15.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.39, and for the 2nd resistance point, it is at 16.69.
Ratios To Look Out For
For context, Par Pacific Holdings Inc’s Current Ratio is 1.69. Further, the Quick Ratio stands at 0.66, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 0.72 and price to earnings (TTM) ratio is 3.12.
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.
