Par Pacific Holdings, Inc. (NYSE:PARR - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday after Raymond James Financial raised their price target on the stock from $25.00 to $30.00. Raymond James Financial currently has an outperform rating on the stock. Par Pacific traded as high as $28.72 and last traded at $28.40, with a volume of 645545 shares trading hands. The stock had previously closed at $26.53.
PARR has been the subject of a number of other reports. Piper Sandler lifted their target price on Par Pacific from $21.00 to $26.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Mizuho raised their price objective on shares of Par Pacific from $18.00 to $21.00 and gave the company a "neutral" rating in a research note on Tuesday, May 13th. UBS Group cut their target price on shares of Par Pacific from $20.00 to $14.75 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. Wall Street Zen cut shares of Par Pacific from a "hold" rating to a "sell" rating in a research report on Friday, June 6th. Finally, The Goldman Sachs Group downgraded shares of Par Pacific from a "buy" rating to a "neutral" rating and set a $19.00 price target for the company. in a research note on Wednesday, May 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Par Pacific presently has a consensus rating of "Hold" and a consensus target price of $21.96.
Read Our Latest Stock Analysis on Par Pacific
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Par Pacific in the 1st quarter valued at $194,000. First Citizens Bank & Trust Co. acquired a new position in shares of Par Pacific during the first quarter worth $219,000. Charles Schwab Investment Management Inc. increased its holdings in Par Pacific by 22.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 909,220 shares of the company's stock valued at $14,902,000 after buying an additional 167,594 shares during the last quarter. GF Fund Management CO. LTD. acquired a new stake in Par Pacific in the fourth quarter valued at $286,000. Finally, Harbor Capital Advisors Inc. raised its stake in Par Pacific by 2.8% in the first quarter. Harbor Capital Advisors Inc. now owns 515,379 shares of the company's stock valued at $7,349,000 after buying an additional 14,039 shares in the last quarter. Hedge funds and other institutional investors own 92.15% of the company's stock.
Par Pacific Price Performance
The stock has a fifty day simple moving average of $21.78 and a 200-day simple moving average of $17.54. The company has a market capitalization of $1.61 billion, a PE ratio of -27.54 and a beta of 1.73. The company has a current ratio of 1.56, a quick ratio of 0.54 and a debt-to-equity ratio of 1.04.
Par Pacific (NYSE:PARR - Get Free Report) last issued its earnings results on Monday, May 5th. The company reported ($0.94) earnings per share for the quarter, missing the consensus estimate of ($0.40) by ($0.54). The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.49 billion. Par Pacific had a negative return on equity of 5.87% and a negative net margin of 0.77%. Par Pacific's revenue was down 11.9% on a year-over-year basis. During the same period last year, the business posted $0.69 EPS. Equities analysts anticipate that Par Pacific Holdings, Inc. will post 0.15 earnings per share for the current year.
About Par Pacific
(
Get Free Report)
Par Pacific Holdings, Inc owns and operates energy and infrastructure businesses. The company operates through Refining, Retail, and Logistics segments. The Refining segment owns and operates refineries that produce gasoline, distillate, asphalt, and other products primarily for consumption in Kapolei, Hawaii, Newcastle, Wyoming, Tacoma, Washington, and Billings, Montana.
See Also
Before you consider Par Pacific, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Par Pacific wasn't on the list.
While Par Pacific currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.