PAR Technology (PAR) Scheduled to Post Earnings on Tuesday

PAR Technology (NYSE:PAR) will be posting its quarterly earnings results after the market closes on Tuesday, August 6th. Analysts expect PAR Technology to post earnings of ($0.12) per share for the quarter.

PAR Technology (NYSE:PAR) last released its earnings results on Monday, May 6th. The software maker reported ($0.11) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.02. PAR Technology had a negative return on equity of 13.55% and a negative net margin of 14.15%. The business had revenue of $44.68 million for the quarter, compared to analyst estimates of $45.94 million. On average, analysts expect PAR Technology to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PAR stock traded down $0.01 on Monday, reaching $26.21. 115,319 shares of the company’s stock were exchanged, compared to its average volume of 172,225. The company has a fifty day moving average of $26.72. PAR Technology has a twelve month low of $15.22 and a twelve month high of $29.77. The company has a market cap of $425.99 million, a price-to-earnings ratio of -84.55 and a beta of -0.23. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.75 and a current ratio of 1.19.

A number of research analysts recently weighed in on the company. Jefferies Financial Group assumed coverage on PAR Technology in a report on Wednesday, May 15th. They set a “buy” rating and a $32.00 price objective on the stock. Sidoti raised PAR Technology from a “neutral” rating to a “buy” rating in a report on Friday, July 26th. Four research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of $31.50.

PAR Technology Company Profile

PAR Technology Corporation, together with its subsidiaries, provides management technology solutions worldwide. The company operates through two segments, Restaurant/Retail and Government. The Restaurant/Retail segment offers point-of-sale (POS) technology solutions, including cloud-based, software-as-a-service Brink and on-premise POS PixelPoint solutions, and its POS hardware platforms, as well as installation, technical, and maintenance support services.

Recommended Story: How is inflation measured?

Earnings History for PAR Technology (NYSE:PAR)

Receive News & Ratings for PAR Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PAR Technology and related companies with MarketBeat.com's FREE daily email newsletter.