Par Pacific Holdings Inc (NYSE: PARR)’s stock price has soared by 0.99 in relation to previous closing price of 17.20. Nevertheless, the company has seen a loss of -0.69% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-12 that Management of Par Pacific believes they have circa $330m of excess liquidity and plan to continue share buybacks during this downturn. These will likely be debt-funded, which is controversial and raises questions regarding the extent of the risks. They have zero debt maturities for over three years, plus a healthy cash balance and no plan for higher capital expenditure, so there are no immediate issues.
Is It Worth Investing in Par Pacific Holdings Inc (NYSE: PARR) Right Now?
Par Pacific Holdings Inc (NYSE: PARR) has a higher price-to-earnings ratio of 3.36x compared to its average ratio. PARR has 36-month beta value of 1.99. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PARR is 54.46M, and currently, short sellers hold a 5.51% ratio of that float. The average trading volume of PARR on November 22, 2024 was 1.09M shares.
PARR’s Market Performance
PARR’s stock has seen a -0.69% decrease for the week, with a 5.15% rise in the past month and a -22.94% fall in the past quarter. The volatility ratio for the week is 4.26%, and the volatility levels for the past 30 days are at 5.11% for Par Pacific Holdings Inc. The simple moving average for the past 20 days is 4.87% for PARR’s stock, with a -34.03% simple moving average for the past 200 days.
Analysts’ Opinion of PARR
Many brokerage firms have already submitted their reports for PARR stocks, with JP Morgan repeating the rating for PARR by listing it as a “Overweight.” The predicted price for PARR in the upcoming period, according to JP Morgan is $30 based on the research report published on October 02, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see PARR reach a price target of $23, previously predicting the price at $37. The rating they have provided for PARR stocks is “Neutral” according to the report published on September 20th, 2024.
PARR Trading at -0.80% 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 -57.32% of loss for the given period.
Volatility was left at 5.11%, however, over the last 30 days, the volatility rate increased by 4.26%, as shares surge +3.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.34% lower at present.
During the last 5 trading sessions, PARR fell by -0.69%, which changed the moving average for the period of 200-days by -54.21% in comparison to the 20-day moving average, which settled at $16.56. In addition, Par Pacific Holdings Inc saw -52.24% 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:
- 0.02 for the present operating margin
- 0.05 for the gross margin
The net margin for Par Pacific Holdings Inc stands at 0.04. The total capital return value is set at 0.05. Equity return is now at value 26.81, with 8.05 for asset returns.
Based on Par Pacific Holdings Inc (PARR), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 1.6.
Currently, EBITDA for the company is 805.81 million with net debt to EBITDA at 3.48. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 19.37for trailing twelve months and the total asset turnover is 2.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
To put it simply, Par Pacific Holdings Inc (PARR) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
