Currently, there are 36.30M common shares owned by the public and among those 35.58M shares have been available to trade.
The company’s stock has a 5-day price change of 7.90% and 22.86% over the past three months. PAR shares are trading 0.73% year to date (YTD), with the 12-month market performance up to 77.45% higher. It has a 12-month low price of $37.74 and touched a high of $82.24 over the same period. PAR has an average intraday trading volume of 488.53K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.35%, -1.79%, and 30.83% respectively.
Institutional ownership of Par Technology Corp (NYSE: PAR) shares accounts for 104.84% of the company’s 36.30M shares outstanding.
It has a market capitalization of $2.66B and a beta (3y monthly) value of 2.22. The earnings-per-share (ttm) stands at -$0.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.91% over the week and 4.15% over the month.
Earnings per share for the fiscal year are expected to increase by 44.00%, and 120.41% over the next financial year.
Looking at the support for the PAR, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on August 12, 2024, with the firm’s price target at $45-$60. Stephens coverage for the Par Technology Corp (PAR) stock in a research note released on June 13, 2024 offered a Overweight rating with a price target of $60. The Benchmark Company was of a view on May 22, 2024 that the stock is Buy, while Sidoti gave the stock Buy rating on March 12, 2024, issuing a price target of $61. The Benchmark Company on their part issued Hold rating on February 13, 2024.
