Shares of PAR Technology Co. (NYSE:PAR – Get Free Report) have received a consensus recommendation of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $52.75.
A number of analysts have issued reports on the company. Needham & Company LLC lifted their price target on PAR Technology from $53.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Stephens upgraded PAR Technology from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $46.00 to $60.00 in a research note on Thursday, June 13th. Finally, Benchmark increased their price target on shares of PAR Technology from $59.00 to $61.00 and gave the company a “buy” rating in a research note on Tuesday, June 11th.
Get Our Latest Stock Report on PAR Technology
Institutional Trading of PAR Technology
PAR Technology Stock Performance
Shares of PAR Technology stock opened at $49.17 on Wednesday. The business has a 50-day simple moving average of $45.45 and a 200-day simple moving average of $44.40. The company has a market cap of $1.67 billion, a PE ratio of -19.13 and a beta of 2.18. PAR Technology has a one year low of $28.21 and a one year high of $50.00. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.81 and a current ratio of 2.07.
PAR Technology (NYSE:PAR – Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The software maker reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($0.07). The firm had revenue of $105.50 million for the quarter, compared to analysts’ expectations of $111.00 million. PAR Technology had a negative return on equity of 14.53% and a negative net margin of 17.14%. On average, equities research analysts forecast that PAR Technology will post -1.17 EPS for the current fiscal year.
PAR Technology Company Profile
PAR Technology Corporation, together with its subsidiaries, provides omnichannel cloud-based hardware and software solutions to the restaurant and retail industries worldwide. The Restaurant/Retail segment offers PUNCHH, an enterprise-grade customer loyalty and engagement solution; MENU, an eCommerce platform for restaurant brands; BRINK POS, an open cloud, point-of-sale solution; PAR PAYMENT SERVICES, a merchant services business that enables electronic payment and processing services for businesses; and DATA CENTRAL, a back-office solution that leverages business intelligence and automation technologies.
Featured Articles
- Five stocks we like better than PAR Technology
- The 3 Best Retail Stocks to Shop for in August
- Top 3 Defense Stocks That Should Be on Your Radar
- Canadian Penny Stocks: Can They Make You Rich?
- Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
- Breakout Stocks: What They Are and How to Identify Them
- MarketBeat Week in Review – 7/8 – 7/12
Receive News & Ratings for PAR Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PAR Technology and related companies with MarketBeat.com's FREE daily email newsletter.