PAR Technology Corporation (PAR) Stock: Here’s What’s Happening

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PAR Technology Corporation (PAR) is working its way for to the top in the market today. The company, one that is focused on the tech industry, is currently trading at $23.30 after heading up 5.10% so far today. As it relates to technology stocks, there are several factors that have the ability to generate price movement in the market. One of the most common is news. Here are the recent trending headlines centered around PAR:

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Mar-19-19 10:00PM Edited Transcript of PAR earnings conference call or presentation 14-Mar-19 8:30pm GMT
Mar-18-19 06:48PM PAR Technology Corp (PAR) Files 10-K for the Fiscal Year Ended on December 31, 2018
Mar-15-19 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 look at much more than just news, this is especially the case in the ever evolving tech space. Here’s what’s happing when it comes to PAR Technology Corporation.

Returns That PAR Investors Have Seen

Although a move toward the top in a single session, like the gain that we’re seeing from PAR Technology Corporation might make some investors jump for joy, that alone shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It is generally a good idea to look into trends experienced by the stock further out than a single trading day. When it comes to PAR, below are the movements that investors have experienced:

  • Weekly – Throughout the last week, PAR has generated a change in price amounting to -5.48%.
  • Past 30 Days – The monthly performance from PAR Technology Corporation works out to -15.76%.
  • Past 3 Months – Over the last three months, the company has produced a ROI that comes to 32.61%
  • Past 6 Months – Throughout the previous 6 months, investors have seen a performance that equates to 2.33% from the company.
  • YTD – Since the close of last year PAR has produced a ROI of 7.13%.
  • Full Year – Lastly, throughout the past year, we’ve seen movement amounting to 97.46% out of PAR. Throughout this period, the stock has traded at a high price of -18.33% and a low price of 112.79%.

Ratios Of Note

Digging into various ratios associated with a stock can provide prospective investors an understanding of just how dangerous and/or rewarding a pick may be. Below are some of the key ratios to consider when looking at PAR.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors are expecting that the stock is going to fall. Throughout the sector, strong technology stocks can come with a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the industry. Nonetheless, in relation to PAR Technology Corporation, it’s short ratio is 10.28.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can cover its debts as they mature based on current assets or quick assets. In the technology sector, several companies are heavily reliant on continued support from investors as they work to bring new technologies to market, the current and quick ratios can seem upsetting. Nonetheless, some good picks in the technology space do have strong current and quick ratios. As it relates to PAR, the quick and current ratios total up to 0.90 and 1.50 respectively.  

Book To Share Value – The book to share value compares the the share price to the current book value of assets that are owned by the company. when it comes to PAR Technology Corporation, that ratio works out to 3.24.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value works out to 0.35.

Is Big Money Interested in PAR Technology Corporation?

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:

Institutions own 59.90% of the company. Institutional interest has moved by 3.58% over the past three months. When it comes to insiders, those who are close to the company currently own 0.10% percent of PAR shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

How Analysts Feel About PAR Technology Corporation

Although it’s not a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to consider their thoughts to validate your own due diligence when it comes to making an investment decision in the technology space. Here are the recent moves that we have seen from analysts as it relates to PAR.

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Financial Performance

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%.

What’s The Float Looking Like?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 16.61M shares of PAR Technology Corporation outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, PAR has a float of 10.74M.

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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