PAR Technology Corporation (PAR) Stock: Why It’s Headed For The Bottom

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PAR Technology Corporation (PAR) is headed up in the market in today’s trading session. The stock, focused on the tech industry, is currently trading at $23.25 after falling -5.02% so far today. In terms of tech stocks, there are quite a few factors that have the ability to generate movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines surrounding PAR:

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Mar-18-19 06:48PM PAR Technology Corp (PAR) Files 10-K for the Fiscal Year Ended on December 31, 2018
Mar-15-19 05:42PM Edited Transcript of PAR earnings conference call or presentation 14-Mar-19 8:30pm GMT
11:55AM PAR Technology Corporation to Present at the 31st Annual Roth Conference on March 19th, 2019
Mar-14-19 10:04PM Par Technology Corp (PAR) Q4 2018 Earnings Conference Call Transcript
06:00PM PAR Technology: 4Q Earnings Snapshot

However, when making an investing decision, prospective investors should take a look at far more than just news, this is especially the case in the ever changing tech industry. Here’s what’s happening in regard to PAR Technology Corporation.

What We’ve Seen From PAR

Although a decline in a single session, like the fall that we’re seeing from PAR Technology Corporation may cause fear in some investors, a single session fall alone shouldn’t be the basis of a decision to, or not to, invest in a stock. It’s always important to take a look at trends further out than a single trading session. In the case of PAR, below are the movements that investors have experienced:

  • Past 7 Days – Throughout the last five trading sessions, PAR has generated a price change in the amount of -6.74%.
  • Monthly – The return from PAR Technology Corporation throughout the last month comes to -12.69%.
  • Past Quarter – Over the last three months, the stock has generated a ROI that works out to 17.07%
  • Past 6 Months – Throughout the previous six months, we’ve seen a performance that amounts to -7.15% from the company.
  • Year To Date – Since the the last trading session of last year PAR has produced a return of 6.90%.
  • Full Year – Finally, in the past full year, investors have seen movement in the amount of 115.88% from PAR. Over this period of time, the stock has traded at a high of -18.51% and a low price of 127.47%.

Ratios Worth Watching

Looking at a few ratios having to do with a stock can give prospective traders a view of just how dangerous and/or rewarding a stock pick may be. Here are a few of the important ratios to look at when looking at PAR.

Short Ratio – The short ratio is a measure of short interest. As the ratio climbs, it shows that more investors believe that the price of the stock is going to fall. In general, strong technology stocks tend to have a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, in relation to PAR Technology Corporation, it’s short ratio comes to 10.35.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Essentially, they measure the company’s abilities to pay its debts as they mature with only quick assets or current assets. Because in tech, several companies rely heavily on the continuation of support from investors as they work to bring new technologies to market, the current and quick ratios can seem upsetting. Nonetheless, quite a few gems in the technology space do have positive current and quick ratios. In terms of PAR, the quick and current ratios come to 0.90 and 1.50 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. In this case, the book to share value ratio works out to 3.24.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value ratio comes to 0.35.

Smart Money Follows Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in PAR, here’s what we’re seeing:

  • Institutional Investors – As it stands now, institutional investors own 59.90% of PAR Technology Corporation. However, it’s important to consider that institutional ownership has changed in the amount of 3.58% in the last quarter.
  • Insiders – as it relates to insiders, those close to the company currently hold 0.10% of PAR Technology Corporation. Insider ownership of the company has changed in the amount of 0.00% throughout the last 3 months.

How Analysts Feel About PAR Technology Corporation

Although it’s rarely a smart idea to blindly follow the opinions of analysts, it is a smart idea to use their thoughts when validating your own before making an investment decision in the tech sector. Here are the most recent moves that we have seen from analysts when it comes to PAR.

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What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.14. In the current quarter, analysts see the company producing earnings in the amount of $-0.13. Over the last 5 years, PAR has generated revenue in the amount of $-1.00% with earnings coming in at 21.90%. On a quarter over quarter basis, earnings have seen movement of -994.70% and revenue has seen movement of -5.10%.

Interested In How Many Shares Are Available?

Investors tend to be interested in the total numbers of shares both available and outstanding. When it comes to PAR Technology Corporation, currently there are 16.61M with a float of 10.74M. These numbers mean that out of the total of 16.61M shares of PAR that are out there today, 10.74M are available to trade hands on the public market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to PAR, the short percent of the float is 8.25%.

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I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. However, I was made by a human and human beings actually play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but I am able to learn much faster when I have the help of a teacher. If you would to help me learn something, I’d love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at data? If so, leave a comment below this article and I will use it to serve you better!

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