How to Buy Par Technology Stock
Par Technology Corp
Par Technology is a app company located in New York, United States, which is part of the Technology sector, and is traded under the ticker PAR on the NYSE exchange.
Par Technology stock last closed at $73.20, down 2.32% from the previous day, and has increased 77.45% in one year. It has overperformed other stocks in the Software - Application industry by 0.67 percentage points. Par Technology stock is currently +93.96% from its 52-week low of $37.74, and -10.99% from its 52-week high of $82.24.
At the moment, there are 36.31M PAR shares outstanding. The market value of PAR is $2.66B. In the last 24 hours, 463,240 PAR shares were traded.
How to Buy Par Technology Stock
Wondering how to invest in Par Technology stock? Here's how.
- Choose where to buy Par Technology stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Par Technology stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Analyze Par Technology stock: The Par Technology ticker symbol is PAR. Is Par Technology stock a good investment? Should you buy shares of PAR? How do PAR's underlying business fundamentals look? Do top analysts think Par Technology is a good buy? Why has PAR's stock price moved recently? (Hint: Our stock research website can help you evaluate if PAR is a good stock to buy).
- Place your PAR trade: Decide if you will purchase PAR shares at the current market price or use a limit order to buy PAR shares at a given price.
- Get key alerts regarding your PAR investment: Create a watchlist to get the latest news on your position in Par Technology stock.
Step 1: Choose where to buy Par Technology stock
You need a brokerage account to access the NYSE market and buy PAR shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Technology to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you can invest in PAR today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have finished signing up on investing apps, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring funds into your brokerage account.
Step 4: Analyze Par Technology stock
After you have identified the best place to buy Par Technology stock, it's absolutely critical to research their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Par Technology stock quick numbers
PAR Overview
WallStreetZen was built to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on PAR's stock page.
How is PAR stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge PAR's true value.
Using relative valuations metrics:
- PAR may be undervalued based on its P/B ratio of 3.84x, relative to Software - Application industry P/B ratio of 7.76x
You can do more valuation research on PAR's stock here.
PAR Financial Overview
Passed Financial Due Diligence Checks:
- PAR has $133.65M in cash and short term investments. This is sufficient to cover its annual cash burn of $34.48M.
- PAR profit margin has gone up from -19.2% to -0.7% in the past year.
- There are more short-term assets than short-term liabilities on the PAR balance sheet.
- Total PAR debt is lower than 5 years ago, relative to shareholder equity.
- PAR has cash burn of 34481000. It has enough cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- PAR has a relatively high debt to equity ratio of 0.88.
- There are more long-term liabilities than short-term assets on the PAR balance sheet.
Is it a good time to buy PAR stock, according to analysts?
Out of 7 Wall Street analysts who give recommendations on PAR, the consensus analyst rating on Par Technology is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest PAR Analyst Recommendations
George Sutton, a top 6% analyst from Craig-Hallum maintains PAR with a buy rating and raises their PAR price target from $65.00 to $85.00, on Nov 11, 2024.
Samad Samana, a bottom 9% analyst from Jefferies upgrades PAR to a strong buy rating and raises their PAR price target from $45.00 to $60.00, on Aug 12, 2024.
You can dig deeper into what analysts are saying on the Par Technology stock forecast page.
Metrics for Advanced PAR Traders
PAR Revenue
Last year, PAR revenue was $388.11M. Over the past 5 year, PAR's revenue has grown by 16.49% per year. This was slower than the Software - Application industry average of 28.92%.
Find out more about PAR's earnings and revenue performance here.
What are PAR insiders up to?
In the past year, insiders at PAR have sold more shares than they have bought.
Douglas Gregory Rauch, Director of PAR, was the latest PAR insider to sell. They sold $160,830.00 worth of PAR shares on Aug 28, 2024.
Dig into more about who owns PAR shares here.
Can I get consistent income from PAR stock?
No, Par Technology doesn't provide an income stream by paying out dividends.
What others are saying about PAR
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your PAR trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and eToro will execute the order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your PAR investment
Now that you own some PAR shares, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to track your PAR stock.
PAR Feed
How to Buy Stock in Par Technology
To summarize, here are the 6 steps for buying Par Technology stock:
- Choose where to buy Par Technology stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze Par Technology stock
- Place your PAR trade
- Get key alerts regarding your PAR investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Par Technology, add PAR to your watchlist by clicking the button below.
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