For its first fiscal quarter (ending March 31), PAR Technology Corp (NYSE: PAR) has reported E.P.S. of $-0.62 compared to $-0.58 a year ago. Relative to the consensus estimate of $-0.09, this was a shortfall of $-0.52. For the latest four quarters through March 31, E.P.S. were $-2.57 versus $-2.57 for the same period a year ago.
Recent Price Action
On 5/9/24, PAR Technology Corp (NYSE: PAR) stock suffered a large decline of -7.3%, closing at $41.49. Moreover, exceptionally high trading volume at 456% of normal accompanied the decline. The stock has declined -1.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, PAR is expected to be Value Creation neutral.
PAR Technology has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. PAR Technology has a very low Appreciation Score of 8 but a slightly positive Power Rating of 70, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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