For example, a price above its moving average is generally considered an upward trend or a buy. One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 14, 2023, there was 1 analyst who downgraded Par Pacific Holdings Inc’s stock and 2 analysts who upgraded over the last month.

No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase or sale of securities, options, or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. The technique has proven to be very useful for finding positive surprises. Par Pacific Holdings Inc. said Thursday that is will suspend purchases of Russian crude oil for its Hawaii refinery.

There may be delays, omissions, or inaccuracies in the Information. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‚V‘ for Value, ‚G‘ for Growth https://day-trading.info/ and ‚M‘ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

A smart way to take the guesswork out of knowing when to buy or sell Par Pacific Holdings Inc’s stock is to have the right tools and resources as well as a clear monitoring process. Access unmatched financial data, news understanding currency pairs correlation for forex trading and content in a highly-customised workflow experience on desktop, web and mobile. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Sign up for a Robinhood brokerage account to buy or sell Par Pacific stock and options commission-free. Robinhood gives you the tools you need to put your money in motion. You can buy or sell Par Pacific and other ETFs, options, and stocks. Provide specific products and services to you, such as portfolio management or data aggregation. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

This news sentiment score is similar to the average news sentiment of Oils/Energy companies. The primary factor behind the change was an increase in revenue growth from 2.6B to 6.8B, leading to a growth in the market capitalization of Par Pacific Holdings Inc by 133.14%. According to 12 analysts, the average rating for PARR stock is „Buy.“ The 12-month stock price forecast is $31.37, which is an increase of 17.80% from the latest price. You should do your own research before making an investment decision.

Company Description

Par Pacific has a short interest ratio („days to cover“) of 4.4. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Par Petroleum has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. Based on the average brokerage recommendation , Par Petroleum should be added to one’s portfolio. Wall Street analysts‘ overly optimistic recommendations cast doubt on the effectiveness of…

• ComparePARR’s historical performanceagainst its industry peers and the overall market.
• The P/E ratio of Par Pacific is 4.37, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 62.48.
• The company’s average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
• Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today. But what if you had the insights to effectively evaluate a company like Par Pacific Holdings Inc before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes.

Par Pacific Holdings Dividend Calendar

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market. During the month of March, Par Pacific Holdings Inc’s stock price has reached a high of $29.89 and a low of $24.73. During the last market session, Par Pacific Holdings Inc’s stock traded between $26.63 and $28.13. Currently, there are 59.73 million shares of Par Pacific Holdings Inc stock available for purchase.

Par Pacific’s stock was trading at $23.25 at the beginning of the year. Since then, PARR stock has increased by 10.5% and is now trading at $25.70. In the past three months, Par Pacific insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $657,863.00 in company stock.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.

Stock Price

According to analysts‘ consensus price target of $28.57, Par Pacific has a forecasted upside of 7.8% from its current price of $26.51. The change in the P/E multiple reflects the effect of changes in investor expectations and sentiment towards the company. A higher P/E multiple means that investors are willing to pay more for each dollar of earnings, indicating higher expectations for future growth. Conversely, a lower P/E multiple indicates lower expectations. Wall Street analysts forecast PARR stock price to rise over the next 12 months.

One share of PARR stock can currently be purchased for approximately $25.70. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan’s own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.

However, the fact that company executives have unique insights doesn’t mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it. Par Petroleum could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices.

The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Wall Street Estimates PARR price targets and financial estimates made by Wall st analysts. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Par Pacific Holdings reported an EPS of $2.2 in its last earnings report, beating expectations of $1.89. Following the earnings report the stock price went up 3.367%.

Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided. We sell different types of products and services to both investment professionals and individual investors.

Par Pacific announces expiration, results for cash tender offers Par Pacific Holdings announced the expiration and results of the previously announced cash tender offers by Par Petroleum… Par Pacific initiated with a Neutral at UBS UBS analyst Manav Gupta initiated coverage of Par Pacific with a Neutral rating and $34 price target. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

Par Pacific Holdings, Inc. manages and maintains interests in energy and infrastructure businesses. It also markets and distributes crude oil from the Western United States and Canada to refining hubs in the Midwest, Gulf Coast,… 6 Wall Street analysts have issued „buy,“ „hold,“ and „sell“ ratings for Par Pacific in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should „buy“ PARR shares. At AAII, we stress that investors should never buy or sell a stock solely based on its stock price.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Par Petroleum could be a great choice. The latest news impacting markets, business and finance around the world. As an investor, you want to buy stocks with the highest probability of success.