Street Calls of the Week
Par Pacific Holdings Inc. (PARR) stock reached a notable milestone, achieving a 52-week high of $35.33, with the company now commanding a market capitalization of $1.79 billion. According to InvestingPro data, the stock has shown remarkable momentum, posting a 141% gain over the past six months and a 111% return year-to-date. This marks a significant point for the company, reflecting a robust performance over the past year. The stock has experienced a remarkable 1-year change, appreciating by 62.36%, which underscores the company’s strong market position and investor confidence. This upward trajectory in Par Pacific Holdings’ stock price highlights its resilience and growth potential in the current economic climate. Based on InvestingPro analysis, the stock appears slightly overvalued at current levels, with analyst price targets ranging from $23 to $39. Discover 12 additional exclusive InvestingPro Tips and comprehensive analysis in the Pro Research Report, available with an InvestingPro subscription.
In other recent news, Par Pacific Holdings Inc. reported impressive financial results for the second quarter of 2025. The company posted earnings per share of $1.54, significantly surpassing the forecasted $0.65. Revenue also exceeded expectations, coming in at $1.89 billion compared to the anticipated $1.57 billion. Despite these strong earnings, Raymond James adjusted its price target for Par Pacific, lowering it from $38.00 to $36.00, while maintaining an Outperform rating. The firm noted the macroeconomic volatility but highlighted the company’s potential as it focuses on refining optimization and a SAF project sell-down. These developments reflect the company’s efforts to navigate an evolving market environment.
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