PAR Technology Corp (NYSE: PAR) has reported E.P.S. of $-0.58 for its third fiscal quarter (ending September 30) versus $-0.70 for the same period a year ago. Relative to the consensus estimate of $-0.09, this was a shortfall of $-0.49. For the latest four quarters through September 30, E.P.S. were $-2.57 compared to $-2.69 a year ago.
Recent Price Action
PAR Technology Corp (NYSE: PAR) stock closed at $74.24 on 11/8/24 after a major increase of 11.6%. Moreover, exceptionally high trading volume at 245% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 25.9% during the last week.
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 C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. PAR Technology has a very low Appreciation Score of 7 but a very high Power Rating of 98, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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