Analyst Rating: Will PAR Technology Corp (PAR) Stock Beat the Market?


News Home

Monday, April 01, 2024 12:20 PM | InvestorsObserver Analysts

Mentioned in this article

Analyst Rating: Will PAR Technology Corp (PAR) Stock Beat the Market?

Analysts who follow PAR Technology Corp (PAR) on average expect it to rise 13.62% over the next twelve months. Those same analysts give the stock an average rating of Buy.

That average rating earns PAR Technology Corp an Analyst Ranking of 33, which means it ranks higher than 33 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating PAR a Buy today. Find out what this means to you and get the rest of the rankings on PAR!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.

InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What’s Happening With PAR Technology Corp Stock Today?

PAR Technology Corp (PAR) stock is trading at $44.51 as of 12:01 PM on Monday, Apr 1, a loss of -$0.84, or -1.85% from the previous closing price of $45.35. The stock has traded between $43.89 and $45.88 so far today. Volume today is low. So far 80,962 shares have traded compared to average volume of 276,191 shares.

Click Here to get the full Stock Report for PAR Technology Corp stock.

You May Also Like


Leave a Reply

Your email address will not be published. Required fields are marked *