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PAR Technology (PAR) Announces Results on Tuesday

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PAR Technology (NYSE:PAR – Get Rating) will release earnings data before the market opens on Tuesday, Aug. 9. Analysts expect PAR Technology to post earnings per share ($0.35) in the quarter. Investors interested in attending the company’s conference call can do so using this link.

PAR Technology (NYSE:PAR – Get Rating) last reported earnings on Tuesday, May 10. The software maker reported ($0.40) EPS for the quarter, beating consensus expectations ($0.59) by $0.19. PAR Technology’s net profit margin was 26.94% and return on equity was 16.67%. The company posted revenue of $80.3 million for the quarter, compared to consensus expectations of $74.66 million. During the same period last year, the company posted his earnings per share ($0.38). The company’s quarterly revenue increased by 47.1% compared to the same period last year. On average, analysts expect PAR Technology to record EPS of -$2 in the current fiscal year and -$2 in the next fiscal year.

PAR technology inventory decreased by 0.4%

PAR shares opened at $43.95 on Friday. The company has a current ratio of 4.63, a quick ratio of 3.93 and a debt to equity ratio of 0.94. The company has a market capitalization of $1.19 billion, a PE ratio of -13.95 and a beta of 1.82. PAR Technology’s one-year low is $28.87 and one-year high is $73.45. The company has a 50-day simple moving average of $38.40 and a 200-day simple moving average of $37.99.

institution inflow and outflow

Institutional investors have recently increased or decreased their stakes in businesses. Graham Capital Management LP increased his stake in PAR Technology by 57.4% in the first quarter. Graham Capital Management LP now owns 8,787 shares of software maker stock valued at $354,000 after acquiring an additional 3,204 shares during the previous quarter. Willis Investment Counsel bought new shares in his PAR Technology worth about $403,000 in the first quarter. MetLife Investment Management LLC increased his PAR Technology stock position by 58.5% in the first quarter. MetLife Investment Management LLC now owns 13,416 shares of the software maker worth $541,000 after purchasing an additional 4,951 shares of him last quarter. Invesco Ltd. held a 39.2% stake in his PAR Technology in the first quarter. Invesco Ltd. owns 18,091 shares of the software maker worth $730,000 after purchasing an additional 5,092 of his shares during this period. Finally, Ergoteles LLC acquired a new stake in his PAR Technology worth approximately $825,000 in the first quarter.

Wall Street Analyst Predicts Growth

PAR has been the topic of many analyst reports. StockNews.com raised PAR Technology’s rating to “sell” in a report on Friday. Jefferies Financial Group lowered its price target on PAR Technology stock to $43.00 from $55.00 in a research report on Monday, May 23. Finally, Goldman Sachs Group began reporting on its shares in PAR Technology in a report on Tuesday, May 17. They set a “neutral” rating and a price target for the company of $43.00. One of his investment analysts gave the stock a sell rating, one issued a hold rating, and three assigned a buy rating to the stock. Data from MarketBeat.com shows the company’s consensus rating is Hold, with an average price target of $53.60.

About PAR Technology

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PAR Technology Corporation, along with its subsidiaries, provides technology solutions to the global restaurant and retail industries. The company operates in his two segments of restaurants/retail stores and government agencies. The Restaurant/Retail segment provides point-of-sale (POS) technology solutions such as Brink POS, an open cloud solution that integrates with third-party products and in-house systems. Punchh is an enterprise-level customer loyalty and engagement solution for restaurant and convenience store brands. Data Central, a cloud software solution for back-office applications. PAR Payment Services, a provider of merchant services. His POS integration solution for wireless headsets for drive-thru order taking. PAR Infinity, PAR Phase, PAR Helix, EverServ 8000 series platforms.

Related item

PAR Technology Earnings History (NYSE:PAR)



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