NYSE:PAR

PAR Technology - PAR Stock Forecast, Price & News

$22.44

-1.92 (-7.88%)

(As of 12/6/2022 12:00 AM ET)

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Today's Range: $22.34
▼
$24.43
50-Day Range: $20.38
▼
$31.35
52-Week Range: $20.37
▼
$59.42

Volume: 397,589 shs
Average Volume: 303,931 shs
Market Capitalization: $612.39 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $36.40

PAR Technology MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 62.2% Upside
$36.40 Price Target
Short Interest: Bearish
18.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.34
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.09) to ($1.39) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.56 out of 5 stars

Computer And Technology Sector

562nd out of 627 stocks

Calculating & Accounting Equipment Industry

4th out of 4 stocks

3.3

Analyst's Opinion

Consensus Rating
PAR Technology has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.40, PAR Technology has a forecasted upside of 62.2% from its current price of $22.44.
Amount of Analyst Coverage
PAR Technology has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
18.09% of the float of PAR Technology has been sold short.
Short Interest Ratio / Days to Cover
PAR Technology has a short interest ratio ("days to cover") of 17.6, which indicates bearish sentiment.
Change versus previous month
Short interest in PAR Technology has recently decreased by 1.27%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
PAR Technology does not currently pay a dividend.
Dividend Growth
PAR Technology does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PAR.

1.9

News and Social Media Coverage

News Sentiment
PAR Technology has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for PAR Technology this week, compared to 5 articles on an average week.
MarketBeat Follows
4 people have added PAR Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PAR Technology insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.90% of the stock of PAR Technology is held by insiders.

0.6

Earnings and Valuation

Earnings Growth
Earnings for PAR Technology are expected to grow in the coming year, from ($2.09) to ($1.39) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PAR Technology is -7.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of PAR Technology is -7.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
PAR Technology has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PAR Technology (NYSE:PAR) Stock

PAR Technology Corp. engages in the provision of software and hardware support services for the hospitality industry. It operates through the Restaurant/Retail and Government segments. The Restaurant/Retail segment offers point-of-sale (POS) software, hardware, back-office software, systems, services, and integrated technical solutions to the restaurant and retail industries. The Government segment provides intelligence, surveillance, and reconnaissance solutions (ISR) and satellite, communication, and information technology mission systems support to federal agencies. The company was founded by John W. Sammon, Jr. in 1968 and is headquartered in New Hartford, NY.

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PAR Stock News Headlines

December 6, 2022 | msn.com

Toyota Corolla Cross H2 uses race-derived hydrogen combustion technology

December 5, 2022 | ft.com

Asset Management: Is BlackRock becoming a tech company?

December 1, 2022 | msn.com

The 10 Coolest PC Monitors You Can Buy Today

November 30, 2022 | msn.com

10 Pieces Of Technology Where Reality Did Better Than The Movies, According To Reddit

November 30, 2022 | benzinga.com

QuintessenceLabs to Showcase Quantum Key Distribution Solution at Quantum World Congress

November 29, 2022 | finance.yahoo.com

Should You Invest in PAR Technology Corporation (PAR)?

November 29, 2022 | msn.com

Black Friday final hours: Save $1,500 on a Samsung smart refrigerator, plus shop Cyber Monday deals on top-rated refrigerators

November 29, 2022 | seekingalpha.com

Greenhaven Road Capital - PAR Technology: Power Of Compounding

November 26, 2022 | marketwatch.com

Smart Stores Market Size 2023 : Leading Players, Latest Trends, Production, Capacity by Region, Business Strategies, Review, Forecast to 2028

November 25, 2022 | marketwatch.com

Smart Retail Technology Market Outlook 2023 and Forecast to 2028 with Top Countries Data

November 21, 2022 | msn.com

Chinese Loongson chips coming in 2023, on par with 2020 x86 kit

November 11, 2022 | finance.yahoo.com

PAR Technology Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

November 9, 2022 | seekingalpha.com

PAR Technology Corporation (PAR) Q3 2022 Earnings Call Transcript

November 9, 2022 | finance.yahoo.com

Zacks Industry Outlook Highlights International Business Machines, ZoomInfo, Agilysys and PAR Technology

November 9, 2022 | finance.yahoo.com

PAR Technology Corporation Announces 2022 Third Quarter Results

November 8, 2022 | marketwatch.com

PAR Light Market 2022 Advance Technology, Latest Trend and Future Expansion by 2028

November 7, 2022 | markets.businessinsider.com

StretchSense finalizes US$7.6m capital raise with major investment from Par Equity

November 6, 2022 | golfweek.usatoday.com

Aces wild: Check out the four holes-in-one at 2022 World Wide Technology Championship at Mayakoba

November 6, 2022 | msn.com

This PGA Tour pro made a hole-in-one at the World Wide Technology Championship at Mayakoba and had no clue it went in

November 5, 2022 | msn.com

2022 World Wide Technology Championship at Mayakoba Saturday tee times, how to watch event

November 5, 2022 | msn.com

2022 World Wide Technology Championship at Mayakoba Sunday tee times, how to watch event

November 4, 2022 | markets.businessinsider.com

Block (SQ): New Buy Recommendation for This Technology Giant

November 3, 2022 | msn.com

2022 World Wide Technology Championship at Mayakoba Friday tee times, how to watch event

November 2, 2022 | msn.com

2022 World Wide Technology Championship odds: PGA picks, Mayakoba predictions from model that called 8 majors

November 2, 2022 | golfweek.usatoday.com

Photos: 2022 World Wide Technology Championship at Mayakoba

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PAR Company Calendar

Last Earnings: 8/08/2021
Today: 12/06/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 3/07/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Calculating & accounting equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:PAR
CUSIP: N/A
CIK: 708821
Web: www.partech.com
Phone: (315) 738-0600
Fax: 315-738-0562
Employees: 1,541
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $36.40
High Stock Price Forecast: $46.00
Low Stock Price Forecast: $30.00
Forecasted Upside/Downside: +62.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.02)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-75,800,000.00
Net Margins: -23.98%
Pretax Margin: -22.95%
Return on Equity: -15.29%
Return on Assets: -7.44%

Debt

Debt-to-Equity Ratio: 1.01
Current Ratio: 3.55
Quick Ratio: 2.94

Sales & Book Value

Annual Sales: $282.88 million
Price / Sales: 2.16
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $18.77 per share
Price / Book: 1.20

Miscellaneous

Outstanding Shares: 27,290,000
Free Float: 26,499,000
Market Cap: $612.39 million
Optionable: Optionable
Beta: 1.75

Key Executives

Savneet Singh
President, Chief Executive Officer & Director

Bryan A. Menar
VP, Chief Financial & Accounting Officer

Raju Malhotra
Chief Product & Technology Officer

Cathy A. King
Secretary, Vice President & General Counsel

Paul Rubin
Chief Strategy Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PAR Stock - Frequently Asked Questions

Should I buy or sell PAR Technology stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PAR Technology in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PAR shares.
View PAR analyst ratings or view top-rated stocks.
What is PAR Technology's stock price forecast for 2023?: 5 brokers have issued 1 year target prices for PAR Technology's shares. Their PAR share price forecasts range from $30.00 to $46.00. On average, they anticipate the company's share price to reach $36.40 in the next twelve months. This suggests a possible upside of 62.2% from the stock's current price.
View analysts price targets for PAR or view top-rated stocks among Wall Street analysts.
How have PAR shares performed in 2022?: PAR Technology's stock was trading at $52.77 at the beginning of 2022. Since then, PAR shares have decreased by 57.5% and is now trading at $22.44.
View the best growth stocks for 2022 here.
When is PAR Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our PAR earnings forecast.
How were PAR Technology's earnings last quarter?: PAR Technology Co. (NYSE:PAR) posted its earnings results on Sunday, August, 8th. The software maker reported ($0.39) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.47) by $0.08. The software maker had revenue of $68.95 million for the quarter, compared to the consensus estimate of $62.06 million. PAR Technology had a negative trailing twelve-month return on equity of 15.29% and a negative net margin of 23.98%.
What is Savneet Singh's approval rating as PAR Technology's CEO?: 11 employees have rated PAR Technology Chief Executive Officer Savneet Singh on Glassdoor.com. Savneet Singh has an approval rating of 51% among the company's employees. This puts Savneet Singh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of PAR Technology own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PAR Technology investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Walt Disney (DIS), Overstock.com (OSTK), Enphase Energy (ENPH), PayPal (PYPL), QUALCOMM (QCOM), Block (SQ), AT&T (T) and Verizon Communications (VZ).
What is PAR Technology's stock symbol?: PAR Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAR."
Who are PAR Technology's major shareholders?: PAR Technology's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.60%), The Manufacturers Life Insurance Company (3.50%), Reinhart Partners Inc. (2.15%), Granite Investment Partners LLC (1.98%), State Street Corp (1.87%) and Bank of Montreal Can (1.86%). Insiders that own company stock include Bryan A Menar, John W Sammon Jr and Matthew R Cicchinelli.
View institutional ownership trends.
How do I buy shares of PAR Technology?: Shares of PAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is PAR Technology's stock price today?: One share of PAR stock can currently be purchased for approximately $22.44.
How much money does PAR Technology make?: PAR Technology (NYSE:PAR) has a market capitalization of $612.39 million and generates $282.88 million in revenue each year. The software maker earns $-75,800,000.00 in net income (profit) each year or ($3.02) on an earnings per share basis.
How many employees does PAR Technology have?: The company employs 1,541 workers across the globe.
How can I contact PAR Technology?: PAR Technology's mailing address is 8383 SENECA TURNPIKE, NEW HARTFORD NY, 13413. The official website for the company is www.partech.com. The software maker can be reached via phone at (315) 738-0600, via email at cbyrnes@partech.com, or via fax at 315-738-0562.

This page (NYSE:PAR) was last updated on 12/7/2022 by MarketBeat.com Staff

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