Par Pacific Holdings, Inc. (NYSE:PARR) Director Melvyn N. Klein purchased 10,000 shares of the stock in a transaction dated Friday, November 19th. The stock was acquired at an average cost of $13.51 per share, for a total transaction of $135,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
NYSE PARR opened at $14.14 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.32 and a debt-to-equity ratio of 2.22. The stock’s 50 day moving average is $15.38 and its two-hundred day moving average is $15.34. The company has a market capitalization of $851.10 million, a price-to-earnings ratio of -3.46 and a beta of 2.53. Par Pacific Holdings, Inc. has a 1-year low of $11.33 and a 1-year high of $20.18.
Par Pacific (NYSE:PARR) last released its quarterly earnings data on Wednesday, November 3rd. The company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.23. Par Pacific had a negative return on equity of 68.77% and a negative net margin of 5.36%. During the same quarter in the prior year, the business earned ($1.06) EPS. On average, analysts predict that Par Pacific Holdings, Inc. will post -1.38 earnings per share for the current year.
Several equities research analysts have recently issued reports on the company. Piper Sandler raised their price target on Par Pacific from $14.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, September 16th. Zacks Investment Research raised Par Pacific from a “sell” rating to a “hold” rating in a research report on Wednesday, August 25th. Finally, Royal Bank of Canada reissued a “hold” rating and set a $16.00 target price on shares of Par Pacific in a research report on Friday, October 8th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Par Pacific currently has a consensus rating of “Hold” and an average target price of $17.58.
Par Pacific Company Profile
Par Pacific Holdings, Inc engages in the operation of energy and infrastructure businesses. It operates through the following segments: Refining, Retail, Logistics, and Other. The Refining segment produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, low sulfur fuel oil, and other associated refined products.
Further Reading: Balance Sheet
Receive News & Ratings for Par Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Par Pacific and related companies with MarketBeat.com's FREE daily email newsletter.