Par Pacific Holdings Inc (NYSE: PARR) has reported E.P.S. of $0.33 for its second fiscal quarter (ending June 30) versus $0.50 for the same period a year ago — a decline of -34%. However, this performance was $0.16 better than the consensus estimate of $0.17. E.P.S. were $7.98 for the latest four quarters through June 30 versus $10.36 for the same period a year ago — a decline of -23%.
Recent Price Action
Par Pacific Holdings Inc (NYSE: PARR) stock closed at $23.69 on 8/6/24 after a modest gain of 0.5%. Moreover, trading volume in this advance was above average at 142% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -5.1% 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 B (Positive). 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 95 but a poor Power Rating of 17, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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