Par Pacific Holdings Inc (PARR) Stock: A Closer Look at the Market Potential

The price-to-earnings ratio for Par Pacific Holdings Inc (NYSE: PARR) is above average at 2.60x, Company’s 36-month beta value is 1.97.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for PARR is 57.62M, and currently, short sellers hold a 4.61% ratio of that floaft. The average trading volume of PARR on April 19, 2024 was 854.26K shares.

PARR) stock’s latest price update

Par Pacific Holdings Inc (NYSE: PARR) has seen a decline in its stock price by -3.51 in relation to its previous close of 32.20. However, the company has experienced a -11.20% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-09 that Does Par Petroleum (PARR) have what it takes to be a top stock pick for momentum investors? Let’s find out.

PARR’s Market Performance

Par Pacific Holdings Inc (PARR) has seen a -11.20% fall in stock performance for the week, with a -19.07% decline in the past month and a -7.50% plunge in the past quarter. The volatility ratio for the week is 3.65%, and the volatility levels for the past 30 days are at 3.81% for PARR. The simple moving average for the past 20 days is -15.42% for PARR’s stock, with a -9.96% simple moving average for the past 200 days.

Analysts’ Opinion of PARR

Many brokerage firms have already submitted their reports for PARR stocks, with TD Cowen repeating the rating for PARR by listing it as a “Outperform.” The predicted price for PARR in the upcoming period, according to TD Cowen is $28 based on the research report published on May 05, 2023 of the previous year 2023.

UBS, on the other hand, stated in their research note that they expect to see PARR reach a price target of $34. The rating they have provided for PARR stocks is “Neutral” according to the report published on March 09th, 2023.

Piper Sandler gave a rating of “Overweight” to PARR, setting the target price at $33 in the report published on January 20th of the previous year.

PARR Trading at -16.80% from the 50-Day Moving Average

After a stumble in the market that brought PARR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.65% of loss for the given period.

Volatility was left at 3.81%, however, over the last 30 days, the volatility rate increased by 3.65%, as shares sank -20.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.25% lower at present.

During the last 5 trading sessions, PARR fell by -11.20%, which changed the moving average for the period of 200-days by +16.11% in comparison to the 20-day moving average, which settled at $36.33. In addition, Par Pacific Holdings Inc saw -14.57% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PARR starting from Guerra Ivan Daniel, who sale 6,000 shares at the price of $37.49 back on Mar 13 ’24. After this action, Guerra Ivan Daniel now owns 16,200 shares of Par Pacific Holdings Inc, valued at $224,940 using the latest closing price.

Hollis Jeffrey Ryan, the of Par Pacific Holdings Inc, sale 4,700 shares at $37.39 during a trade that took place back on Mar 13 ’24, which means that Hollis Jeffrey Ryan is holding 13,176 shares at $175,733 based on the most recent closing price.

Stock Fundamentals for PARR

Current profitability levels for the company are sitting at:

  • 0.07 for the present operating margin
  • 0.12 for the gross margin

The net margin for Par Pacific Holdings Inc stands at 0.09. The total capital return value is set at 0.24. Equity return is now at value 73.60, with 20.40 for asset returns.

Based on Par Pacific Holdings Inc (PARR), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.99. The interest coverage ratio of the stock is 7.83.

Currently, EBITDA for the company is 855.9 million with net debt to EBITDA at 1.9. When we switch over and look at the enterprise to sales, we see a ratio of 0.39. The receivables turnover for the company is 22.42for trailing twelve months and the total asset turnover is 2.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.

Conclusion

In a nutshell, Par Pacific Holdings Inc (PARR) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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