PAR Technology (PAR) Projected to Post Earnings on Friday

PAR Technology (NYSE:PAR) is anticipated to release its earnings data before the market opens on Friday, February 28th. Analysts expect PAR Technology to post earnings of ($0.04) per share and revenue of $99.10 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

PAR Technology Stock Performance

Shares of PAR Technology stock opened at $61.51 on Wednesday. The company has a current ratio of 2.13, a quick ratio of 1.91 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $2.38 billion, a P/E ratio of -246.01 and a beta of 2.22. The business has a fifty day simple moving average of $71.40 and a two-hundred day simple moving average of $65.33. PAR Technology has a 12 month low of $37.74 and a 12 month high of $82.24.

Analysts Set New Price Targets

PAR has been the subject of several recent analyst reports. The Goldman Sachs Group lifted their price target on PAR Technology from $71.00 to $79.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. Craig Hallum boosted their target price on PAR Technology from $65.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Needham & Company LLC reissued a “buy” rating and issued a $90.00 target price on shares of PAR Technology in a research report on Friday, January 3rd. StockNews.com raised PAR Technology to a “sell” rating in a research report on Thursday, January 23rd. Finally, Lake Street Capital boosted their target price on PAR Technology from $57.00 to $77.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $79.25.

PAR Technology Company Profile

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.