This summary was created by AI, based on 4 opinions in the last 12 months.
Par Pacific Holdings, Inc. (PARR-Q) operates refineries in Hawaii, Washington, and Wyoming, supplying gasoline and diesel to growing markets. The company has shown strong financials with a high return on equity and has been using its cash reserves prudently to retire debt and buy back shares. Analysts have a bullish outlook, expecting a potential upside of 27-45% with price targets ranging from $23 to $41.50. Overall, PARR is well-positioned to benefit from the summer driving season and potential earnings surprises.
Par Pacific Holdings Inc is a American stock, trading under the symbol PARR-N on the New York Stock Exchange (PARR). It is usually referred to as NYSE:PARR or PARR-N
In the last year, 1 stock analyst published opinions about PARR-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Par Pacific Holdings Inc.
Par Pacific Holdings Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Par Pacific Holdings Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Par Pacific Holdings Inc In the last year. It is a trending stock that is worth watching.
On 2024-12-04, Par Pacific Holdings Inc (PARR-N) stock closed at a price of $16.17.
We reiterate PARR, owner and operator of refining assets in Hawaii, the Pacific North West and Montana, as a TOP PICK. Recently reported quarterly earnings showed growing cash reserves, as debt is retired and shares bought back. Management is working on $30-$40 million in annual cost savings to stabilize quarterly earnings going forward. It trades at 11x earnings, under book value and supports a 26% ROE. We recommend trailing up the stop (from $13.00) to $14.50, looking to achieve $23.00 -- upside potential of 31%. Yield 0%
(Analysts’ price target is $23.29)