Par Pacific Holdings Inc (NYSE: PARR) has recently experienced extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.
Notable negative changes in fundamentals have recently occurred for Par Pacific Holdings Inc (NYSE: PARR): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
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 (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. PAR Pacific Holdings has a very high Appreciation Score of 94 but a very low Power Rating of 8, and the Neutral Value Trend Rating results.
Recent Price Action
Par Pacific Holdings Inc (NYSE: PARR) stock closed at $23.82 on 6/21/24 after a decline of -3.1%. Moreover, exceptionally high trading volume at 360% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -4.9% during the last week.
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