Alert: New Earnings Report (11/4/24)-Par Pacific Holdings Inc (NYSE: PARR).

out_logo_500#69627.jpg

Par Pacific Holdings Inc (NYSE: PARR) has reported E.P.S. of $0.13 for its third fiscal quarter (ending September 30) versus $2.85 for the same period a year ago — a decline of -95%. For the latest four quarters through September 30, E.P.S. were $5.26 compared to $8.71 a year ago — a decline of -40%.

Recent Price Action

out_mm#69627.jpg
Par Pacific Holdings Inc (NYSE: PARR) stock closed at $15.82 on 11/4/24 after an increase of 1.3%. Moreover, above average trading volume at 138% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months and has declined -6.0% 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 C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. PAR Pacific Holdings has a very high Appreciation Score of 96 but a very low Power Rating of 0, resulting in the Low 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

Leave a Reply

Your email address will not be published.


*