PAR Technology (NYSE:PAR) issued its quarterly earnings results on Thursday. The software maker reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.15), Fidelity Earnings reports. The firm had revenue of $45.38 million during the quarter, compared to the consensus estimate of $45.08 million. PAR Technology had a negative net margin of 14.68% and a negative return on equity of 19.16%.
Shares of PAR Technology stock traded up $3.76 during trading on Friday, reaching $29.14. The stock had a trading volume of 390,639 shares, compared to its average volume of 180,133. The company has a market capitalization of $423.12 million, a price-to-earnings ratio of -94.00 and a beta of -0.17. The stock has a fifty day moving average price of $24.04 and a two-hundred day moving average price of $25.02. PAR Technology has a 52 week low of $15.22 and a 52 week high of $29.87. The company has a current ratio of 3.76, a quick ratio of 3.09 and a debt-to-equity ratio of 1.10.
The company also recently declared an annual dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were issued a $0.31 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a dividend yield of 1.31%.
A number of analysts have recently commented on the company. ValuEngine upgraded PAR Technology from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. Zacks Investment Research upgraded PAR Technology from a “sell” rating to a “hold” rating in a report on Friday. Finally, Sidoti upgraded PAR Technology from a “neutral” rating to a “buy” rating in a report on Friday, July 26th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $31.50.
About PAR Technology
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.
Further Reading: Gross Domestic Product (GDP)
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.