Par Pacific Holdings, Inc. (NYSE:PARR) is one the of the active stocks and its unusual movement is rasing eyebrows among traders. Now trading with a market value of 889.91M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.
Par Pacific Holdings, Inc. (NYSE:PARR) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For PARR, the company currently has 59.41 million of cash on the books, which is offset by 318.76 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been falling. The company also has 1.19 billion in total assets, balanced by 787.21 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
Par Pacific Holdings, Inc. (PARR) saw 33 million in free cash flow last quarter, representing a quarterly net change in cash of 7.95 million. Perhaps most importantly where cash movements are concerned, the company saw about 37.2 million in net operating cash flow.
Par Pacific Holdings, Inc. (NYSE:PARR) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 564.25 million in total revenues. That represents a quarterly year/year change in revenues of 0.36 in sequential terms, the PARR saw sales decline by -0.07.
But what about the bottom line? After all, that’s what really matters in the end. Par Pacific Holdings, Inc. (PARR) is intriguing when broken down to its core data. The cost of selling goods last quarter was 545.19 million, yielding a gross basic income of 19.06 million. For shareholders, given the total diluted outstanding shares of 45.56 million, this means overall earnings per share of 0.15.
Is Par Pacific Holdings, Inc. (NYSE:PARR) Valuation Attractive
If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 13.34. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on Par Pacific Holdings, Inc..