With 1.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.6 million shares. The 52-week range on PARR shows that it touched its highest point at $29.32 and its lowest point at $11.86 during that stretch. It currently has a 1-year price target of $20.97. Beta for the stock currently stands at 1.67.
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 PARR was up-trending over the past week, with a rise of 10.55%, but this was up by 54.29% over a month. Three-month performance surged to 27.64% while six-month performance rose 17.39%. The stock lost -27.32% in the past year, while it has gained 23.98% so far this year. A look at the trailing 12-month EPS for PARR yields -1.12 with Next year EPS estimates of 2.96. For the next quarter, that number is 0.39. This implies an EPS growth rate of 117.03% for this year and 268.74% for next year.
Float and Shares Shorts:
At present, 52.31 million PARR shares are outstanding with a float of 48.91 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PARR since 3 analysts follow the stock currently. There are 2 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.17286 being high and $0.15126 being low. For PARR, this leads to a yearly average estimate of $0.16206.
