Raymond James has recently initiated Par Pacific Holdings Inc (PARR) stock to Outperform rating, as announced on January 24, 2025, according to Finviz. Earlier, on December 16, 2024, Mizuho had reduced the stock from a Outperform to Neutral, setting a price target of $22 for PARR stock. JP Morgan also raised Overweight rating with a price target of $30. Additionally, Piper Sandler reduced Neutral rating on September 20, 2024, with a target price of $23. Tudor, Pickering, Holt & Co. analysts, in their report published on September 9, 2024, also reduced Hold rating for Par Pacific Holdings Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Par Pacific Holdings Inc (PARR) Stock Trading Recap
On Thursday, Par Pacific Holdings Inc (PARR) stock saw a decline, ending the day at $15.56 which represents a decrease of $-0.34 or -2.14% from the prior close of $15.9. The stock opened at $15.84 and touched a low of $15.32 during the day, reaching a high of $16.23. The volume of shares traded was 2.22 million exceeding the average volume of 0.91 million.
Sponsored
PARR Stock Performance and Moving Averages
In recent trading, Par Pacific Holdings Inc (PARR) stock price has shown some volatility, fluctuating -8.20% over the last five trades and -13.41% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -32.79%, and it has plunged by -6.55% in the previous three months. Currently, PARR is trading at -9.51%, -7.38%, and -25.47% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, PARR, a Energy sector stock, is trading -61.76% below its 52-week high but remains 4.89% above its 52-week low. The Average True Range (ATR) (14 days) of 0.9 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Par Pacific Holdings Inc’s Profitability and Valuation Ratios
Par Pacific Holdings Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 1.63% and a profit margin of 3.74%, with a gross margin of -32.79%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Par Pacific Holdings Inc’s market capitalization stands at $870.62 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 3.01, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 12.75. Additionally, the Price-to-Sales Ratio is 0.1, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.69, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 4.72% of Par Pacific Holdings Inc (PARR)’s shares, while financial institutions hold 91.41%.
Notable insider trades include Monteleone William, President and CEO at Par Pacific Holdings Inc (PARR), who sold 26507 shares on Dec 16 ’24, at $15.81 each, totaling $0.42 million. On Dec 12 ’24, PATE WILLIAM, Director, sold 67700 shares for $16.22 each, amounting to $1.10 million. Additionally, on Mar 13 ’24, Guerra Ivan Daniel sold 6000 shares at $37.49 each, generating $0.22 million.
