PAR Technology (PAR) Expected to Announce Quarterly Earnings on Tuesday

PAR Technology (NYSE:PAR) will likely be releasing its earnings data before the market opens on Tuesday, February 25th. Analysts expect PAR Technology to post earnings of ($0.04) per share and revenue of $99.26 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

PAR Technology Stock Down 0.4 %

NYSE:PAR opened at $67.98 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 1.91 and a debt-to-equity ratio of 0.67. PAR Technology has a 1-year low of $37.74 and a 1-year high of $82.24. The business’s fifty day moving average price is $72.62 and its 200 day moving average price is $64.67. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of -271.92 and a beta of 2.22.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PAR. Benchmark upped their price objective on shares of PAR Technology from $69.00 to $92.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. StockNews.com upgraded PAR Technology to a “sell” rating in a report on Thursday, January 23rd. Lake Street Capital boosted their target price on PAR Technology from $57.00 to $77.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Stephens raised their price target on PAR Technology from $83.00 to $90.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group boosted their price target on PAR Technology from $71.00 to $79.00 and gave the company a “neutral” rating in a research note on Monday, December 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.25.

About PAR Technology

PAR Technology Corporation, together with its subsidiaries, provides omnichannel cloud-based hardware and software solutions to the restaurant and retail industries worldwide. The Restaurant/Retail segment offers PUNCHH, an enterprise-grade customer loyalty and engagement solution; MENU, an eCommerce platform for restaurant brands; BRINK POS, an open cloud, point-of-sale solution; PAR PAYMENT SERVICES, a merchant services business that enables electronic payment and processing services for businesses; and DATA CENTRAL, a back-office solution that leverages business intelligence and automation technologies.