You might want to take a look at Par Technology Corp (PAR) now

With 0.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.38 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $67.06 whereas the lowest price it dropped to was $64.89. The 52-week range on PAR shows that it touched its highest point at $66.95 and its lowest point at $31.57 during that stretch. It currently has a 1-year price target of $64.62. Beta for the stock currently stands at 2.13.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PAR was up-trending over the past week, with a rise of 12.78%, but this was up by 18.70% over a month. Three-month performance surged to 30.99% while six-month performance rose 60.35%. The stock gained 101.73% in the past year, while it has gained 52.80% so far this year. A look at the trailing 12-month EPS for PAR yields -0.26 with Next year EPS estimates of 0.30. For the next quarter, that number is -0.09. This implies an EPS growth rate of 52.44% for this year and 141.70% for next year. EPS is expected to grow by 18.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.98%.

Float and Shares Shorts:

At present, 36.28 million PAR shares are outstanding with a float of 35.63 million shares on hand for trading. On 2024-10-15, short shares totaled 6.09 million, which was 1678.0000999999997 higher than short shares on 1726185600. In addition to Mr. Savneet Singh as the firm’s CEO, President & Director, Mr. Bryan A. Menar serves as its CFO & VP.

Institutional Ownership:

Through their ownership of 1.06364 of PAR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, PAR reported revenue of $78150000.0 and operating income of -$21335000.0. The EBITDA in the recently reported quarter was -$13044000.0 and diluted EPS was $1.6.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PAR since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PAR analysts setting a high price target of 71.0 and a low target of 57.0, the average target price over the next 12 months is 64.63. Based on these targets, PAR could surge 6.72% to reach the target high and fall by -14.32% to reach the target low. Reaching the average price target will result in a decline of -2.86% from current levels.

Analysts have provided yearly estimates in a range of -$0.6619 being high and -$0.78382 being low. For PAR, this leads to a yearly average estimate of -$0.72286. The surprise factor in the prior quarter was -$0.29. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is -$0.09. The average estimate for the next quarter is thus -$0.04.