PAR Technology
About: PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation, and communication services. It has two segments. The restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software, and integrated technical solutions to the restaurant and retail industries. The government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.
Employees: 1,841
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
245% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 11
187% more call options, than puts
Call options by funds: $81.9M | Put options by funds: $28.5M
93% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 43
18% more capital invested
Capital invested by funds: $1.78B [Q2] → $2.1B (+$322M) [Q3]
15% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 15 (+2) [Q3]
15% more funds holding
Funds holding: 171 [Q2] → 196 (+25) [Q3]
0.12% more ownership
Funds ownership: 111.02% [Q2] → 111.14% (+0.12%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$77
5%
upside
Avg. target
$86
17%
upside
High target
$92
26%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
Needham Mayank Tandon 66% 1-year accuracy 76 / 115 met price target | 23%upside $90 | Buy Maintained | 3 Jan 2025 |
Goldman Sachs Will Nance 68% 1-year accuracy 25 / 37 met price target | 8%upside $79 | Neutral Maintained | 2 Dec 2024 |
Stephens & Co. Charles Nabhan 74% 1-year accuracy 17 / 23 met price target | 23%upside $90 | Overweight Maintained | 26 Nov 2024 |
Benchmark Mark Palmer 79% 1-year accuracy 69 / 87 met price target | 26%upside $92 | Buy Maintained | 12 Nov 2024 |
Lake Street Eric Martinuzzi 50% 1-year accuracy 11 / 22 met price target | 5%upside $77 | Buy Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 4 articles about PAR published over the past 30 days
Neutral
Business Wire
19 hours ago
PAR Technology Corporation Announces Proposed Offering of $100 Million of Convertible Senior Notes
NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR) (“Company” or “PAR”) announced today its intention to offer $100 million aggregate principal amount of Convertible Senior Notes due 2030 (the “Notes”) in a private offering (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), subject to market conditions and other factors. The Company also expects t.
Neutral
Business Wire
5 days ago
PAR Technology Launches New Gift Card Solution to Drive Customer Loyalty and Revenue
NEW HARTFORD, N.Y.--(BUSINESS WIRE)--Gift cards have been a trusted way to drive customer loyalty, but they often fall short of their full potential. PAR Technology (NYSE: PAR) is changing that with the launch of its gift card solution, PAR Gift™, an offering designed to help restaurants and retailers transform gifting into a seamless, personalized experience while unlocking new opportunities for growth. With this launch, PAR enables businesses to go beyond the basics, creating stronger custome.
Neutral
Business Wire
1 week ago
PAR Technology Corporation to Participate at the 27th Annual Needham Growth Conference
NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR) a global foodservice technology company today announced that Savneet Singh, the Company's CEO, will present to institutional investors at the 27th Annual Needham Growth Conference at the Lotte New York Palace Hotel. Mr. Singh will participate in a fireside chat at 9:30 AM ET on Tuesday, January 14, 2025. A live webcast and replay of the discussion will be available by visiting PAR Technology's website at https://www.par.
Neutral
Business Wire
2 weeks ago
PAR Technology Corporation Acquires Delaget™ Expanding its Restaurant Analytics and Back-Office Capabilities
NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or “PAR”), a global foodservice technology company, today announced its acquisition of Delaget, LLC ("Delaget”), a leading provider of restaurant analytics and business intelligence solutions. The transaction closed on December 31, 2024. Founded in 2001, Delaget serves over 30,000 locations, with 125+ brands among its customers (including 40 of the top 50 North America-based restaurant concepts). Delag.
Neutral
Business Wire
1 month ago
Condado Tacos is spicing up their growth plan with a new secret ingredient: PAR Technology's Data Central
NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology (NYSE: PAR), a global foodservice technology company, today announces that Condado Tacos, the rapidly growing restaurant brand celebrated for its custom tacos and bold flavors, has selected PAR® Data Central®, to elevate its operations. By implementing this solution, Condado Tacos aims to streamline central-kitchen-to-store logistics, optimize labor and menu performance across all locations, and unlock actionable data insights to drive its nex.
Positive
Zacks Investment Research
1 month ago
What Makes PAR Technology (PAR) a Strong Momentum Stock: Buy Now?
Does PAR Technology (PAR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
Business Wire
2 months ago
PAR Technology Corporation Announces Agreements to Exchange $100 Million of its 2.875% Convertible Senior Notes Due 2026 for Shares of its Common Stock
NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR) (the “Company” or “PAR”) announced today that it has entered into privately negotiated agreements with certain holders of its outstanding 2.875% Convertible Senior Notes due 2026 (the “Notes”) to exchange $100 million aggregate principal amount of the Notes for approximately 2.4 million shares of the Company's common stock and approximately $336,000 in cash (the “Notes Exchange”). Savneet Singh, PAR Technology CEO comme.
Positive
Zacks Investment Research
2 months ago
3 Stocks to Buy From a Prospering Technology Solutions Industry
Amid supply-chain woes, Computer - Integrated Systems players like STX, AGYS and PAR benefit from integrated solutions demand and multi-cloud model adoption.
Neutral
Business Wire
2 months ago
PAR Technology Corporation to Participate at Stephens Annual Investment Conference
NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR) a leading global provider of technology to enterprise foodservice and retail, today announced that Savneet Singh, the Company's CEO, will present to institutional investors at the Stephens Annual Investment Conference. Mr. Singh will participate in a fireside chat at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, November 21, 2024. A live webcast and replay of the discussion will be available by visiting.
Neutral
Business Wire
2 months ago
PAR Technology Unveils PAR Clear, Setting the New Standard in Drive-Thru Communication
NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology (NYSE: PAR), a global foodservice technology company, today announces the introduction of PAR Clear™ — a drive-thru communications headset system built to elevate the entire customer experience. Communication at the drive-thru can make or break the customer experience, and when it falls short, it can lead to longer wait times, order errors, and reduced profitability. PAR Clear addresses these challenges with exceptional audio clarity, extended.
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