For its first fiscal quarter (ending March 31), Par Pacific Holdings Inc (NYSE: PARR) has reported a -102% decline in E.P.S. from $3.96 a year ago to $-0.06 in the current quarter. This performance was $-0.98 short of the consensus estimate of $0.92. For the latest four quarters through March 31, E.P.S. were $8.16 versus $12.38 for the same period a year ago — a decline of -34%.
Recent Price Action
Par Pacific Holdings Inc (NYSE: PARR) stock declined modestly by -1.7% on 5/6/24. The stock closed at $30.33. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -6.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PARR is expected to continue to be a modest Value Builder.
PAR Pacific Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. PAR Pacific Holdings has a neutral Power Rating of 57 but a very high Appreciation Score of 91, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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