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Par Pacific Holdings Inc (PARR) Stock Could Soon Reward Patient Investors

Par Pacific Holdings Inc (NYSE: PARR) is -3.36% lower on its value in year-to-date trading and has touched a low of $14.84 and a high of $40.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PARR stock was last observed hovering at around $15.56 in the last trading session, with the day’s gains setting it 0.28%.

Currently trading at $15.84, the stock is -7.35% and -5.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 1.80% at the moment leaves the stock -23.83% off its SMA200. PARR registered -59.82% loss for a year compared to 6-month loss of -31.07%. The firm has a 50-day simple moving average (SMA 50) of $16.7636 and a 200-day simple moving average (SMA200) of $20.7947.

The stock witnessed a -13.91% gain in the last 1 month and extending the period to 3 months gives it a -5.43%, and is -3.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.79% over the week and 5.10% over the month.

Par Pacific Holdings Inc (PARR) has around 1814 employees, a market worth around $886.25M and $8.33B in sales. Current P/E ratio is 3.07 and Fwd P/E is 12.98. Profit margin for the company is 3.74%. Distance from 52-week low is 6.77% and -61.08% from its 52-week high. The company has generated returns on investments over the last 12 months (11.65%).

with sales reaching $1.68B over the same period.The EPS is expected to shrink by -98.03% this year, but quarterly earnings will post -4.97% year-over-year. Quarterly sales are estimated to shrink -23.08% in year-over-year returns.

Par Pacific Holdings Inc (PARR) Top Institutional Holders

291.0 institutions hold shares in Par Pacific Holdings Inc (PARR), with institutional investors hold 99.01% of the company’s shares. The shares outstanding are 55.99M, and float is at 53.30M with Short Float at 5.84%. Institutions hold 96.32% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 8.37 million shares valued at $211.3 million. The investor’s holdings represent 14.1856% of the PARR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.19 million shares valued at $131.04 million to account for 8.7976 of the shares outstanding. The other top investors are STATE STREET CORP which holds 3.13 million shares representing 5.3108% and valued at over $79.11 million, while DIMENSIONAL FUND ADVISORS LP holds 3.6225 of the shares totaling 2.14 million with a market value of $53.96 million.

Par Pacific Holdings Inc (PARR) Insider Activity

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Par Pacific Holdings Inc disclosed in a document filed with the SEC on Dec 16 ’24 that Monteleone William (President and CEO) sold a total of 26,507 shares of the company’s common stock. The trade occurred on Dec 16 ’24 and was made at $15.81 per share for $0.42 million. Following the transaction, the insider now directly holds 0.36 million shares of the PARR stock.

Still, SEC filings show that on Dec 16 ’24, Monteleone William (Officer) Proposed Sale 26,507 shares at an average price of $15.81 for $0.42 million. The insider now directly holds shares of Par Pacific Holdings Inc (PARR).

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