PAR Technology Corp (NYSE: PAR) has reported E.P.S. of $-0.67 for its fourth fiscal quarter (ending December 31) versus $-0.50 for the same period a year ago. This performance was $-0.41 short of the consensus estimate of $-0.26. E.P.S. were $-2.53 for the latest four quarters through December 31 versus $-2.55 for the same period a year ago.
Recent Price Action
On 2/27/24, PAR Technology Corp (NYSE: PAR) stock declined by -4.2%, closing at $43.51. Moreover, trading volume in this decline was exceptionally high at 202% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.7% during the last week.
Current PriceTarget Research Rating
PAR is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
PAR Technology has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. PAR Technology has a very low Appreciation Score of 10 but a very high Power Rating of 91, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment