27-Mar-2024
Analysts’ Top Technology Picks: Braze (BRZE), Par Technology (PAR)
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PAR Technology's Punchh Selected as Loyalty Platform Provider for Wendy's
Business Wire (Wed, 27-Mar 7:30 AM ET)
A&W Restaurants Selects PAR Technology's Data Central to Propel Growth
Business Wire (Wed, 20-Mar 7:30 AM ET)
Business Wire (Mon, 11-Mar 6:59 AM ET)
PAR Technology Corporation Announces Fourth Quarter and Full Year 2023 Results
Business Wire (Tue, 27-Feb 7:30 AM ET)
PAR Technology Corporation to Present at Upcoming Investor Conferences
Business Wire (Fri, 23-Feb 9:59 AM ET)
Hooters of America, LLC Selects PAR Technology to Redefine Excellence in Table Service
Business Wire (Wed, 21-Feb 7:30 AM ET)
Business Wire (Wed, 14-Feb 3:10 PM ET)
PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation, and communication services. It has two segments. The restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software, and integrated technical solutions to the restaurant and retail industries. The government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.
Par Technology trades on the NYSE stock market under the symbol PAR.
As of March 27, 2024, PAR stock price climbed to $45.08 with 543,869 million shares trading.
PAR has a beta of 2.13, meaning it tends to be more sensitive to market movements. PAR has a correlation of 0.31 to the broad based SPY ETF.
PAR has a market cap of $1.26 billion. This is considered a Small Cap stock.
Last quarter Par Technology reported $108 million in Revenue and -$.33 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.07.
In the last 3 years, PAR stock traded as high as $86.27 and as low as $20.37.
The top ETF exchange traded funds that PAR belongs to (by Net Assets): VTI, IWM, VGT, VXF, IWN.
PAR has outperformed the market in the last year with a price return of +38.9% while the SPY ETF gained +33.6%. However, in the short term, PAR had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.4% vs +10.1% return in SPY. But in the last 2 weeks, PAR shares have fared better than the market returning +4.2% compared to SPY +1.7%.
PAR support price is $41.37 and resistance is $44.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PAR stock will trade within this expected range on the day.