By Rob Otman
PAR Technology stock had a rough day in the market on Monday April 02. Shares dropped -0.57% and closed the day at $14.01. They’re now trading 5.78% below their 52-week high of $14.87.
With today’s drop, PAR Technology now has a market cap of $225 million. That makes it a small cap company.
The business operates in the software industry and employs 1,137 people. Its shares trade primarily on the New York stock exchange.
PAR Technology has 16.01 million shares outstanding and 209,450 traded hands for the day. That’s above the average 30-day volume of 123,562 shares.
Over the last five years, PAR Technology’s revenue is down by -5.12%. You can see this drop in annual revenue chart below…
In the last year alone, PAR Technology’s revenue has grown by 1.29%. That’s a solid sign for PAR Technology stock owners.
We like to invest in companies that grow their sales. A growing top line is a sign of a healthy business.
For now, PAR Technology will continue to pull in revenue. So let’s take a closer look at the company’s total financial health. And the best way to do that is by looking at its balance sheet… PAR Technology’s cash comes in at about $7 million and the company’s debt is just over $1 million…
PAR Technology’s cash pile is larger than its total debt. The company is financially sound for now and can take on new projects.
What is PAR Technology Stock Worth?
To determine the value of PAR Technology stock let’s look at a few key metrics…
Price-to-Earnings (P/E): This ratio comes in at 100.68 for PAR Technology. That’s high. A high P/E ratio shows that investors are already expecting high earnings growth.
Price-to-Book (P/B): This ratio is a cornerstone for value investors. A lower number here indicates a better value play. And at 3.24, PAR Technology looks reasonable… but P/B varies greatly based on the industry.
These two metrics are a great place to start when valuing a company… but your analysis should go much deeper…
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Source:: Investment You
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