Stock Rating Downgrade
In the last week the Value Trend Rating for Par Pacific Holdings Inc (NYSE: PARR) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Par Pacific Holdings Inc (NYSE: PARR) stock declined modestly by -1.2% on 8/9/24. The stock closed at $24.40. Moreover, trading volume in this decline was above average at 127% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -4.7% 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 (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. PAR Pacific Holdings has a very high Appreciation Score of 94 but a poor Power Rating of 16, leading to the Neutral Value Trend Rating.
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