For its fourth fiscal quarter (ending December 31), Par Pacific Holdings Inc (NYSE: PARR) has reported a 243% increase in E.P.S. from $1.42 a year ago to $4.87 in the current quarter. This performance was $3.81 better than the consensus estimate of $1.06. E.P.S. were $12.14 for the latest four quarters through December 31 versus $6.12 for the same period a year ago — an increase of 98%.
Recent Price Action
On 2/27/24, Par Pacific Holdings Inc (NYSE: PARR) stock declined slightly by -0.8%, closing at $40.07. NORMAL trading volume accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PARR is expected to continue to be a major Value Builder.
PAR Pacific Holdings has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PAR Pacific Holdings has a very high Appreciation Score of 91 and a very high Power Rating of 91, with the Highest Value Trend Rating the result.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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