PAR Technology (PAR) to Release Quarterly Earnings on Friday

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

PAR Technology Price Performance

PAR Technology stock opened at $62.16 on Thursday. PAR Technology has a 52 week low of $37.74 and a 52 week high of $82.24. The company’s 50 day moving average price is $71.07 and its two-hundred day moving average price is $65.40. The company has a quick ratio of 1.91, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. The stock has a market cap of $2.41 billion, a P/E ratio of -248.63 and a beta of 2.22.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of PAR Technology in a report on Friday, January 3rd. Stephens lifted their price target on shares of PAR Technology from $83.00 to $90.00 and gave the stock an “overweight” rating in a report on Tuesday, November 26th. StockNews.com raised shares of PAR Technology to a “sell” rating in a report on Thursday, January 23rd. Lake Street Capital lifted their price objective on shares of PAR Technology from $57.00 to $77.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Finally, The Goldman Sachs Group lifted their price objective on shares of PAR Technology from $71.00 to $79.00 and gave the company a “neutral” rating in a research note on Monday, December 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.