Par Pacific (PARR)
(Delayed Data from NYSE)
$23.70 USD
+0.07 (0.30%)
Updated Jul 22, 2024 04:00 PM ET
3-Hold of 5 3
A Value C Growth F Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
PARR 23.70 +0.07(0.30%)
Will PARR be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for PARR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PARR
Par Petroleum (PARR) Misses Q1 Earnings and Revenue Estimates
PBF Energy (PBF) Q1 Earnings and Revenues Surpass Estimates
PARR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Murphy USA (MUSA) Lags Q1 Earnings and Revenue Estimates
Analysts Estimate Par Petroleum (PARR) to Report a Decline in Earnings: What to Look Out for
Should Value Investors Buy Par Pacific (PARR) Stock?
Other News for PARR
Par Pacific started Outperform at Mizuho on strong diversity vs. other small-cap refiners
Analysts Have Conflicting Sentiments on These Energy Companies: Liberty Oilfield Services (LBRT), EQT (EQT) and Par Pacific Holdings (PARR)
Par Pacific initiated with bullish view at Mizuho, here's why
Par Pacific Announces Second Quarter 2024 Earnings Release and Conference Call Schedule
Par Pacific price target lowered by $6 at TD Cowen, here's why