Goldman raised the price target for the Par Pacific Holdings Inc. (NYSE:PARR) stock from “a Neutral” to “a Buy”. The rating was released on April 06, 2021. We previously noted in another research note published on March 01, 2021 by Cowen that upgraded the stock from a Market perform to an Outperform with a price target of $21 for PARR stock. The research report from JP Morgan has upgraded the stock from Underweight to Neutral, with a price target set at $20. In their research brief published December 16, 2020, Goldman analysts downgraded the Par Pacific Holdings Inc. stock from Buy to Neutral with a price target of $14.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Par Pacific Holdings Inc. (NYSE:PARR) raised 2.09% to close Friday’s market session at $17.60, higher as compared to yesterday’s close. The stock price fluctuated between $17.05 and $17.67 throughout the trading session with the volume trading being 941995 shares, which represented a significant variation when compared to the three months average volume of 351.78K shares. The firm’s stock price fluctuated -0.45% within the last five trades and 28.37% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 29.32% in the last 6 months and 8.91% was added to its value over the previous 3 months. PARR stock is trading at a margin of 9.67%, 16.58% and 15.06% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, PARR deals in the Energy domain. The stock is trading -12.78 percent below its 52-week high and 41.59 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 29.23. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Par Pacific Holdings Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -3.70 percent and the profit margin is -5.40 percent, and the company has reported a gross margin of -1.30 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $1.03 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 18.55. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.25 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 4.12, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 1.20 percent of Par Pacific Holdings Inc. shares are owned by insiders, and 88.60 percent are held by financial institutions. CHAI TRUST CO LLC, the 10% Owner at Par Pacific Holdings Inc. (PARR) has sold 42,682 shares of firm on Jan 13 at a price of $17.38 against the total amount of $0.74 million. In another inside trade, CHAI TRUST CO LLC, 10% Owner of Par Pacific Holdings Inc. (NYSE:PARR) sold 45,709 shares of the firm on Jan 12 for a total worth of $0.79 million at a price of $17.28. An inside trade which took place on Jan 11, 10% Owner of Par Pacific Holdings Inc. CHAI TRUST CO LLC sold 59,755 shares of firm against total price of $1.06 million at the cost of $17.69 per share.