Summary:
- PAR Technology's Q1 Non-GAAP EPS exceeded expectations, with revenue showing substantial growth.
- Analysts project significant upside potential, with price targets suggesting a possible 39.42% increase.
- Despite a positive outlook, GuruFocus' GF Value indicates a potential downside, prompting investors to weigh risks and rewards.
PAR Technology Corp (PAR, Financial) has released its first-quarter financial results, demonstrating a surprising Non-GAAP EPS of -$0.01, which is $0.03 better than analysts had anticipated. Although the company achieved a robust 48.2% increase in revenue, reaching $103.9 million, it fell short by $1.26 million against forecasts. Notably, the annual recurring revenue impressively climbed to $282.1 million, marking a significant 52% rise compared to the previous year.
Wall Street Analysts Forecast
Market analysts have offered a variety of one-year price targets for PAR Technology Corp (PAR, Financial), averaging at $87.00. This suggests a promising upside potential of 39.42% from the current stock price of $62.40. Price targets span from a high of $105.00 to a low of $57.00, reflecting a range of analyst opinions. For more comprehensive estimates, visit the PAR Technology Corp (PAR) Forecast page.
The consensus from 10 brokerage firms positions PAR Technology’s (PAR, Financial) stock with an average recommendation rating of 1.8, aligning with an "Outperform" status. This rating system ranges from 1 to 5, where 1 indicates a Strong Buy, and 5 suggests Sell.
GuruFocus Valuation
GuruFocus estimates that the GF Value of PAR Technology Corp (PAR, Financial) for the upcoming year is $51.16. This assessment implies a potential downside of 18.01% from the current trading price of $62.40. The GF Value is derived from historical trading multiples, past business growth, and future performance projections. This data challenges the optimistic analyst forecasts, offering investors a nuanced perspective on potential risks. More detailed data is available on the PAR Technology Corp (PAR) Summary page.
