Par Pacific (PARR) Expected to Announce Earnings on Monday

Par Pacific (NYSE:PARR - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of ($0.40) per share and revenue of $1.49 billion for the quarter.

Par Pacific (NYSE:PARR - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported ($0.79) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.64). Par Pacific had a net margin of 3.74% and a return on equity of 10.06%. The business had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.68 billion. On average, analysts expect Par Pacific to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Par Pacific Stock Down 1.2 %

PARR traded down $0.17 on Wednesday, hitting $14.34. 755,474 shares of the company were exchanged, compared to its average volume of 1,083,600. The company has a market cap of $779.39 million, a price-to-earnings ratio of 2.78 and a beta of 1.64. The firm has a 50-day moving average price of $13.82 and a two-hundred day moving average price of $15.77. The company has a current ratio of 1.69, a quick ratio of 0.66 and a debt-to-equity ratio of 0.84. Par Pacific has a twelve month low of $11.86 and a twelve month high of $31.38.

Analyst Upgrades and Downgrades

PARR has been the topic of a number of analyst reports. UBS Group decreased 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 report on Wednesday, April 16th. Piper Sandler dropped their price target on shares of Par Pacific from $25.00 to $21.00 and set an "overweight" rating on the stock in a research report on Friday, March 7th. StockNews.com lowered shares of Par Pacific from a "hold" rating to a "sell" rating in a report on Friday, February 28th. TD Cowen dropped their price target on shares of Par Pacific from $21.00 to $17.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. Finally, JPMorgan Chase & Co. cut their target price on shares of Par Pacific from $27.00 to $26.00 and set an "overweight" rating for the company in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Par Pacific currently has a consensus rating of "Hold" and a consensus target price of $20.68.

About Par Pacific

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.