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PAR Technology (NYSE:PAR) 株価情報, 空売り情報

PAR Technology

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.

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Upgrades

Pre-Market Outlook

Analyst Ratings

Trading Ideas

HOOD

TTWO

主要なアナリストが株式レーティングを見直したトピックスを紹介する。アナリストのレーティング変更（格上げ・格下げを含む）はアナリストレーティングのページをご覧いただきたい。

ロビンフッドのアナリスト　市場への評価を変更

PAR Technology Corp

Paramount Global

Paramount Global 5.75% PRF CONVERT 01/04/2024 USD 100

PONIARD PHARMS INC by Poniard Pharmaceuticals, Inc.

Poniard Pharmaceuticals Inc

Power Americas Resource Group Ltd

Blackwell 3D Construction Corp

PARNELL PHARMS HLDGS LTD by Parnell Pharmaceuticals Holdings Ltd.

Parnell Pharmaceuticals Holdings Ltd

Par Pacific Holdings Inc

Particl

PAREX RESOURCES INC by Parex Resources, Inc.

Parex Resources Inc

PAR Technology Rebranding Of Two Of Its Core Products, Brink POS And PAR MENU, Now Streamlined As PAR POS And PAR Ordering, Respectively

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/64a548c0943f950001b31bb8/patrick-moley">Piper Sandler analyst Patrick Moley </a>upgraded Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) from Neutral to Overweight and raised the price target from $20 to $23. Robinhood shares gained 1.1% to close at $17.92 on Friday. <a href="https://www.benzinga.com/quote/HOOD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies analyst Samad Samana upgraded the rating for PAR Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) from Hold to Buy, while increasing the price target from $45 to $60. PAR Technology shares gained 2.9% to close at $50.79 on Friday. <a href="https://www.benzinga.com/quote/PAR/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/639748cd392e5e0001d6e958/james-shin">Deutsche Bank analyst James Shin</a> upgraded Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) from Hold to Buy and boosted the price target from $725 to $1,025. Eli Lilly shares gained 5.5% to close at $891.68 on Friday. <a href="https://www.benzinga.com/quote/LLLY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HSBC analyst Mohammed Khallouf upgraded the rating for Take-Two Interactive Software, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>) from Hold to Buy and announced a price target of $179. Take-Two shares gained 4.4% to close at $144.82 on Friday. <a href="https://www.benzinga.com/quote/TTWO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo analyst <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/639748cd392e5e0001d6e958/james-shin">Elyse Greenspan</a> upgraded Brown &amp; Brown, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRO#NYSE">BRO</a>) from Equal-Weight to Overweight, while raising the price target from $94 to $112. Brown &amp; Brown shares rose 0.01% to close at $100.32 on Friday. See how other analysts view this stock. <a href="https://www.benzinga.com/quote/BRO/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying Robinhood stock? Here&#8217;s what analysts think:
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="571" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12091046/image-78-1024x571.png" alt="" class="wp-image-489789" style="width:459px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12091046/image-78-1024x571.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12091046/image-78-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12091046/image-78-768x429.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12091046/image-78.png 1258w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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This Robinhood Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Jefferies analyst Samad Samana upgrades PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) from Hold to Buy and raises the price target from $45 to $60.

Price Target

Jefferies Upgrades PAR Technology to Buy, Raises Price Target to $60

Benchmark analyst Mark Palmer reiterates PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) with a Buy and maintains $69 price target.

Reiteration

Benchmark Reiterates Buy on PAR Technology, Maintains $69 Price Target

PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $59.57, a high estimate of $69.00, and a low estimate of $51.00. Surpassing the previous average price target of $53.50, the current average has increased by 11.35%.
<img src="https://www.benzinga.com/files/images/story/2024/1723208529_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of PAR Technology by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$60.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Raises</td>
<td>Buy</td>
<td>$69.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>Will Nance</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$51.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Charles Nabhan</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Raises</td>
<td>Buy</td>
<td>$61.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$57.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Announces</td>
<td>Buy</td>
<td>$59.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to PAR Technology. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of PAR Technology compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for PAR Technology's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into PAR Technology's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PAR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PAR Technology analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Get to Know PAR Technology Better</h2>
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.
<h3>PAR Technology's Economic Impact: An Analysis</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Over the 3 months period, PAR Technology showcased positive performance, achieving a revenue growth rate of 5.04% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: PAR Technology's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -17.34%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): PAR Technology's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -4.26%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): PAR Technology's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -2.02%, the company may face hurdles in achieving optimal financial returns.
Debt Management: PAR Technology's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.73, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Basics of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What Analysts Are Saying About PAR Technology Stock

Needham analyst Mayank Tandon maintains PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) with a Buy and raises the price target from $57 to $60.

Needham Maintains Buy on PAR Technology, Raises Price Target to $60

PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) reported quarterly losses of $(0.23) per share which missed the analyst consensus estimate of $(0.18) by 27.78 percent.&nbsp;

Earnings

Earnings Misses

PAR Technology Q2 2024 Adj. EPS $(0.23) Misses $(0.18) Estimate

Benchmark analyst Mark Palmer maintains PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) with a Buy and raises the price target from $61 to $69.

Benchmark Maintains Buy on PAR Technology, Raises Price Target to $69

In the last three months, 6 analysts have published ratings on PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>), offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $56.83, a high estimate of $61.00, and a low estimate of $51.00. Surpassing the previous average price target of $51.20, the current average has increased by 11.0%.
<img src="https://www.benzinga.com/files/images/story/2024/1721660474_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive PAR Technology. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Will Nance</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$51.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Charles Nabhan</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Raises</td>
<td>Buy</td>
<td>$61.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$57.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Announces</td>
<td>Buy</td>
<td>$59.00</td>
<td>-</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PAR Technology. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PAR Technology compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of PAR Technology's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of PAR Technology's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/PAR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PAR Technology analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Discovering PAR Technology: A Closer Look</h2>
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.
<h3>Breaking Down PAR Technology's Financial Performance</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining PAR Technology's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.04% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: PAR Technology's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -17.34%, the company may face hurdles in effective cost management.
Return on Equity (ROE): PAR Technology's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -4.26%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): PAR Technology's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.02%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: PAR Technology's debt-to-equity ratio stands notably higher than the industry average, reaching 0.73. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>The Basics of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Peeling Back The Layers: Exploring PAR Technology Through Analyst Insights

Goldman Sachs analyst Will Nance maintains PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) with a Neutral and raises the price target from $45 to $51.

Goldman Sachs Maintains Neutral on PAR Technology, Raises Price Target to $51

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Piper Sandler cut the price target for EPAM Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>) from $252 to $230. Piper Sandler analyst Arvind Ramnani maintained an Overweight rating. EPAM Systems shares rose 1.2% to close at $180.05 on Wednesday. <a href="https://www.benzinga.com/quote/EPAM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley raised the price target for Corning Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>) from $35 to $38. However, Morgan Stanley analyst Meta Marshall downgraded the stock from Overweight to Equal-Weight. Corning shares rose 1.8% to close at $38.02 on Wednesday. <a href="https://www.benzinga.com/quote/GLW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities increased The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) price target from $180 to $200. B of A Securities analyst Ronald Epstein maintained a Neutral rating. Boeing shares fell 1.5% to close at $182.67 on Tuesday. <a href="https://www.benzinga.com/quote/BA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc increased the price target for Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) from $705 to $707. Keybanc analyst Justin Patterson maintained an Overweight rating. Netflix shares rose 0.2% to close at $650.06 on Wednesday. See how other analysts view this stock.</li>
<li>Stephens &amp; Co. raised PAR Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) price target from $46 to $60. Stephens &amp; Co. analyst Charles Nabhan upgraded the stock from Equal-Weight to Overweight. PAR Technology shares rose 1.7% to close at $45.38 on Wednesday. <a href="https://www.benzinga.com/quote/PAR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer boosted Simulations Plus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLP#NASDAQ">SLP</a>) price target from $55 to $65. Oppenheimer analyst Francois Brisebois maintained an Outperform rating. Simulations Plus shares rose 6.9% to close at $49.26 on Wednesday. <a href="https://www.benzinga.com/quote/SLP/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank boosted the price target for Casey&#8217;s General Stores, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) from $375 to $420. Deutsche Bank analyst Krisztina Katai maintained a Buy rating. Casey&#8217;s shares gained 16.7% to close at $381.13 on Wednesday. <a href="https://www.benzinga.com/quote/CASY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Evercore ISI Group increased Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) price target from 1,620 to $2,010. Evercore ISI Group analyst Matthew Prisco maintained an Outperform rating. Broadcom shares gained 2.4% to close at $1,495.51 on Wednesday. <a href="https://www.benzinga.com/quote/AVGO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Telsey Advisory Group increased Torrid Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) price target from $6 to $8. Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating. Torrid Holdings shares fell 0.9% to close at $6.60 on Wednesday. <a href="https://www.benzinga.com/quote/CURV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Oppenheimer raised Monolithic Power Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) price target from $750 to $900. Oppenheimer analyst Rick Schafer maintained an Outperform rating. Monolithic Power shares gained 4% to close at $815.63 on Wednesday. <a href="https://www.benzinga.com/quote/MPWR/analyst-ratings">See how other analysts view this stock</a>.</li>
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Netflix To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Thursday

Stephens &amp; Co. analyst Charles Nabhan upgrades PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) from Equal-Weight to Overweight and raises the price target from $46 to $60.

Stephens & Co. Upgrades PAR Technology to Overweight, Raises Price Target to $60

5 analysts have shared their evaluations of PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $56.6, a high estimate of $61.00, and a low estimate of $53.00. This upward trend is apparent, with the current average reflecting a 2.91% increase from the previous average price target of $55.00.
<img src="https://www.benzinga.com/files/images/story/2024/1718128894_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The perception of PAR Technology by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Raises</td>
<td>Buy</td>
<td>$61.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$57.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Announces</td>
<td>Buy</td>
<td>$59.00</td>
<td>-</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$53.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to PAR Technology. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of PAR Technology compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of PAR Technology's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of PAR Technology's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PAR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PAR Technology analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About PAR Technology</h2>
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.
<h3>Financial Milestones: PAR Technology's Journey</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining PAR Technology's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.04% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: PAR Technology's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -17.34%, the company may face hurdles in effective cost management.
Return on Equity (ROE): PAR Technology's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -4.26%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -2.02%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: PAR Technology's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.73, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

5 Analysts Assess PAR Technology: What You Need To Know

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>JP Morgan slashed the price target for Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) from $190 to $180. JP Morgan analyst Bill Peterson maintained a Neutral rating. Nucor shares fell 2.3% to close at $157.31 on Monday. <a href="https://www.benzinga.com/quote/NUE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham increased the price target for PAR Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) from $53 to $57. Needham analyst Mayank Tandon maintained a Buy rating. PAR Technology shares gained 6.1% to close at $45.57 on Monday. <a href="https://www.benzinga.com/quote/PAR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush slashed Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) price target from $181 to $170. Wedbush analyst Nick Setyan maintained an Outperform rating. Darden shares fell 0.6% to close at $147.68 on Monday. <a href="https://www.benzinga.com/quote/DRI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird raised the price target for First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) from $246 to $344. Baird analyst Ben Kallo maintained an Outperform rating. First Solar shares rose 4.7% to close at $279.80 on Monday. <a href="https://www.benzinga.com/quote/FSLR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. raised Oculis Holding AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCS#NASDAQ">OCS</a>) price target from $28 to $30. HC Wainwright &amp; Co. analyst Yi Chen maintained a Buy rating. Oculis Holding shares rose 0.3% to close at $12.00 on Monday. <a href="https://www.benzinga.com/quote/OCS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS boosted Targa Resources Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>) price target from $116 to $147. UBS analyst Shneur Gershuni maintained a Buy rating. Targa Resources shares rose 1.6% to close at $119.91 on Monday. <a href="https://www.benzinga.com/quote/TRGP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Benchmark boosted the price target for Freshpet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRPT#NASDAQ">FRPT</a>) from $125 to $150. Benchmark analyst John Lawrence maintained a Buy rating. Freshpet shares gained 2.3% to close at $129.93 on Monday. <a href="https://www.benzinga.com/quote/FRPT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>RBC Capital cut Vertex Pharmaceuticals Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) price target from $424 to $421. RBC Capital analyst Brian Abrahams maintained a Sector Perform. Vertex Pharmaceuticals shares rose 0.1% to close at $483.28 on Monday. <a href="https://www.benzinga.com/quote/VRTX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna increased Western Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) price target from $80 to $88. Susquehanna analyst Medhi Hosseini maintained a Neutral rating. Western Digital shares rose 2.8% to close at $77.10 on Monday. <a href="https://www.benzinga.com/quote/WDC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Evercore ISI Group boosted Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) price target from $220 to $225. Evercore ISI Group analyst Mark Mahaney maintained an Outperform rating. Alphabet shares rose 0.4% to close at $175.01 on Monday. <a href="https://www.benzinga.com/quote/GOOGL/analyst-ratings">See how other analysts view this stock.</a></li>
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PAR Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) disclosed the sale of its Government segment, including subsidiaries PAR Government Systems Corporation and<a target="_blank" href="https://www.benzinga.com/pressreleases/24/06/b39247602/par-technology-corporation-announces-sale-of-wholly-owned-subsidiaries-par-government-systems-corp" rel="noreferrer noopener"> Rome Research Corporation, for $102 million</a>.
The company stated that it has completed the sale of all equity interests in PGSC to Booz Allen Hamilton Holding Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>), with the transaction finalized on June 7.
PAR had entered into a deal to sell RRC to NexTech Solutions Holdings, LLC (NTS). Under this agreement, NTS will acquire all equity interests in RRC, and the transaction is expected to close by the<a target="_blank" href="https://www.benzinga.com//node/39251351" rel="noreferrer noopener"> end of the second quarter of 2024.</a>
This divestiture is part of PAR&#8217;s strategy to sell non-core assets and reinvest capital for higher returns.
The acquisition enhances Booz Allen&#8217;s position at the intersection of mission and technology, aligning with its VoLT (Velocity, Leadership, Technology) growth strategy, investment thesis, and current and <a target="_blank" href="https://www.benzinga.com//node/39247589" rel="noreferrer noopener">anticipated Department of Defense priorities.</a>
Savneet Singh, PAR Technology&#8217;s Chief Executive Officer, said, &#8220;Today&#8217;s announcement represents a milestone in advancing PAR&#8217;s goal to become the world&#8217;s largest technology provider to enterprise foodservice.&#8221;
&#8220;The sale of our Government operating segment to notable strategic buyers, Booz Allen Hamilton and NexTech Solutions provides a clear fit for these businesses, allows for a seamless transition and sets up both PGSC and RRC for continued success.&#8221;
Price Action: PAR shares closed higher by 6.12% at $45.57 on Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

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PAR Technology Sells Government Segment For $102M, Doubles Down on Restaurant Tech

Benchmark analyst Mark Palmer maintains PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) with a Buy and raises the price target from $59 to $61.

Benchmark Maintains Buy on PAR Technology, Raises Price Target to $61

Needham analyst Mayank Tandon maintains PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) with a Buy and raises the price target from $53 to $57.

Needham Maintains Buy on PAR Technology, Raises Price Target to $57

PAR Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>), a global restaurant technology company providing unified commerce solutions for enterprise foodservice announced today that it has agreed to the sale of its Government operating segment via the sale of its wholly owned subsidiaries: PAR Government Systems Corporation (PGSC) and Rome Research Corporation (RRC) for a combined total of&nbsp;$102 million.
PAR announced it has completed the sale of&nbsp;100%&nbsp;of the issued and outstanding equity interests of PGSC to Booz Allen Hamilton Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) in a simultaneous sign and close of the transaction on June 7, 2024.
PAR has also entered into a definitive acquisition agreement to sell RRC to NexTech Solutions Holdings, LLC (NTS). Pursuant to the definitive acquisition agreement, NTS will acquire&nbsp;100%&nbsp;of the issued and outstanding equity interests of RRC with an expected close by the end of&nbsp;Q2, 2024.

PAR Technology Corporation Announces Sale of Wholly Owned Subsidiaries PAR Government Systems Corp to Booz Allen Hamilton and Rome Research Corp to NexTech Solutions Holdings for Aggregate Consideration of $102M

Players operating within the Zacks Computer &ndash; Integrated Systems industry, including International Business Machines (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ibm#NYSE">IBM</a>), Hewlett Packard Enterprise (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hpe#NYSE">HPE</a>), Agilysys (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agys#NASDAQ">AGYS</a>) and PAR Technology (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/par#NYSE">PAR</a>), are reaping the benefits of several favorable industry trends like advancements in data management capabilities, a rapid shift away from traditional siloed systems toward more integrated deployment techniques and heightened demand for modern application development approaches. However, the industry is still recovering from significant headwinds stemming from persistent supply chain bottlenecks, a challenging macroeconomic climate characterized by rising inflation and higher interest rates, soaring prices for key inputs and delays in customer acceptance of new products and services. These factors have resulted in significant order backlogs across the industry, casting a shadow on its prospects.
Industry Description
The Zacks Computer - Integrated Systems industry comprises companies that deliver advanced information technology solutions spanning computer systems, software platforms, data storage infrastructure and microelectronics. These industry players are ramping up investments in data modernization and analytics, cybersecurity and threat defense, remote work enablement, process automation, contactless service delivery models, enhanced customer and employee experience offerings and supply chain modernization initiatives, which are aimed at accelerating digital transformation services for their enterprise customers. Some players provide technological solutions (products and services) to help organizations connect, interact and transact with customers. Others develop and market information recognition, data entry software, systems and technologies.
4 Computer - Integrated Systems Industry Trends in Focus
Integrated Solutions Driving Demand: The industry is experiencing a surge in demand for integrated solutions across enterprises of all scales, driven by increasing investments in cutting-edge software technologies such as the Internet of Things (IoT), big data analytics, artificial intelligence&nbsp;and blockchain. This demand is further fueled by the significant opportunities presented by business analytics, cloud computing, mobile technologies, security solutions and social business platforms. Additionally, industry players are anticipated to benefit from the recovering global IT spending, as predicted by Gartner, enabling them to capitalize on the rising demand for comprehensive and seamless integrated solutions that can streamline operations and enhance productivity across various sectors.
Solid Adoption of Multi-Cloud Model: The industry is witnessing the robust adoption of the multi-cloud model, as enterprises seek to achieve better scalability and optimize resource utilization. This trend is expanding the scope of industry participants, enabling them to leverage the benefits of cloud and hardware/software virtual technologies, which are anticipated to favor the industry&#39;s growth. Moreover, as growth and investment opportunities in developed countries continue to slow down, emerging economies are poised to play a crucial role in driving the industry&#39;s future. The multi-cloud model&#39;s increasing popularity, coupled with the favorable tailwinds from cloud and virtual technologies, and the potential of emerging markets, presents a strong foundation for industry participants to capitalize on new opportunities and foster sustained growth.
Supply-Chain Bottlenecks and Backlogs: Industry participants are grappling with a multitude of challenges, including supply constraints, softening demand for servers and cognitive applications, as well as delays in customer acceptance. These factors have contributed to consistent backlog levels, particularly in the Compute, High-Performance Computing &amp; Mass Storage Class and Storage segments. Furthermore, the industry&#39;s outlook is affected by the volatility in foreign exchange rates, primarily due to the prevailing macroeconomic scenario and headwinds in emerging markets.
Semiconductor Chip Shortage Mars Prospects: The industry is grappling with the ripple effects of the ongoing semiconductor chip shortage, which has posed significant challenges for participants. The time-consuming business model transition to cloud computing has compounded these difficulties, requiring companies to navigate complex operational shifts amidst supply chain disruptions. Moreover, the prospects of industry players are further dampened by lower spending across Data-Center Systems, primarily driven by component shortages, particularly in memory and CPUs, as well as a deceleration in hyperscale spending.
Zacks Industry Rank Indicates Bright Prospects
The Zacks Computer &ndash; Integrated Systems industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #77, which places it in the top 31% of more than 250 Zacks industries. 
The group&#39;s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates outperformance in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. 
The industry&#39;s position in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are optimistic about this group&#39;s earnings growth potential. 
Before we present a few stocks that you may want to consider for your portfolio, let&#39;s take a look at the industry&#39;s recent stock-market performance and valuation picture.
Industry Lags Sector &amp; S&amp;P 500
The Zacks Computer &ndash; Integrated Systems industry has underperformed the broader Computer and Technology sector and the Zacks S&amp;P 500 composite in the past year. 
The industry has returned 17.9% over this period compared with the S&amp;P 500 and the broader Computer and Technology sector&#39;s respective returns of 23.3% and 32.4%.
<h3>One-Year Price Performance</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/1yearperf_20240603.jpg" style="height:393px; width:620px" />
Industry&#39;s Current Valuation
On the basis of the trailing 12-month P/S, which is a commonly used multiple for valuing computer-integrated systems stocks, we see that the industry is currently trading at 1.82X compared with the S&amp;P 500&#39;s 4.04X. It is also below the sector&#39;s trailing 12-month P/S of 5.25X. 
Over the past five years, the industry has traded as high as 2.15X and as low as 1.14X, with the median being at 1.62X, as the chart below shows.
<h3>Trailing 12-Month Price-to-Sales (P/S) Ratio</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/5yearval1_20240603.jpg" style="height:167px; width:620px" />
4 Computer-Integrated Systems Providers to Watch
PAR Technology: This Zacks Rank #2 (Buy) company designs, develops, manufactures, markets, installs, and services microprocessor-based transaction processing systems for the restaurant and industrial marketplaces, including Corneal Topography systems for measuring the true topography of the eye and vision inspection systems for the food-processing industry (Commercial Segment). PAR is also engaged in the design and implementation of advanced-technology computer software systems for the Department of Defense and other government agencies. 
PAR has attained a position of market leadership among cloud-based restaurant management Software as a Service providers. The company&#39;s software business, Brink, is growing quickly and its restaurant cloud-based Point of Sale software is deployed at more than 1,000 restaurants. 
PAR Technology has acquired TASK Group and Stuzo Holdings to expand its unified commerce software offerings. These acquisitions will expand the global food service technology company&#39;s offerings into convenience stores, fuel retailers and international markets 
With over 110 Enterprise customers in 70 countries, TASK will immediately expand PAR&#39;s international exposure with its all-in-one unified platform. TASK already lists multiple marquee brands as customers, including McDonald&#39;s and Starbucks, and the acquisition will also allow PAR to cross-sell international expansion to its domestic customer base and more effectively target new international logos. 
PAR Technology has completed its acquisition of Stuzo Holdings, which provides digital engagement software to convenience and fuel retailers. This acquisition extends PAR Technology&#39;s reach to 25,000 convenience store sites. 
The Zacks Consensus Estimate for the company&#39;s 2024 loss has become narrower from 75 cents per share to a loss of 65 cents per share over the past 30 days. PAR&#39;s shares have risen 2.5% year to date.
<h3>Price &amp; Consensus: PAR</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/par_20240603.jpg" style="height:474px; width:620px" />
International Business Machines: This Zacks Rank #3 (Hold) company is witnessing solid net sales growth in the software segment driven by healthy hybrid cloud adoption and solid demand trends across RedHat, automation, data in AI and security. 
A strong foundation of research and innovation, a broad portfolio that caters to various industry requirements and a diverse global market presence set it apart from its competitors. IBM had announced more than 10 acquisitions in the past year, including a $2.13 billion deal to acquire Software AG&#39;s iPaaS (integration platform-as-a-service) businesses. 
IBM entered into a definitive agreement to acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. The transaction is expected to close by the end of 2024. HashiCorp&#39;s suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to enable organizations to automate their hybrid and multi-cloud environments. HashiCorp&#39;s offerings have widescale adoption in the developer community and are used by 85% of the Fortune 500. 
The acquisition of HashiCorp by IBM creates a comprehensive end-to-end hybrid cloud platform built for AI-driven complexity. The combination of each company&#39;s portfolio and talent will deliver clients extensive application, infrastructure and security lifecycle management capabilities. The Qiskit Runtime Service simplifies the execution of quantum circuits, while the Qiskit Code Assistant, powered by watsonx-based generative AI models, automates the development of quantum code. 
Increased watsonx adoption by clients is a tailwind.&nbsp; The watsonx Code Assistant enables developers and IT operators to code more quickly and precisely with the assistance of generative AI. The usage of natural language ensures developers from various skill sets have access to automation across business operations 
The Zacks Consensus Estimate for its 2024 earnings has moved south by a penny to $9.91 per share in the past 30 days. IBM&#39;s shares have gained 2% year to date.
<h3>Price &amp; Consensus: IBM</h3>
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Hewlett Packard Enterprise: The company is benefiting from strong executions in clearing backlogs and increased customer acceptance. HPE&#39;s multi-billion-dollar investment plan to expand networking capabilities will help diversify its business from server and hardware storage markets and boost margins over the long run. Also, easing supply-chain challenges will help it clear backlogs rapidly. 
Hewlett Packard views AI, the Industrial Internet of Things and distributed computing as the next major markets. The company&#39;s latest agreement to acquire Juniper Networks is not just a financial move but a strategic leap to elevate its competitive stance by expanding its networking domain, particularly in the realms of AI, cloud and hybrid solutions. 
HPE has been expanding its AIOps network management capabilities by integrating multiple generative AI Large Language Models within HPE Aruba Networking Central, HPE&#39;s cloud-native network management solution, hosted on the HPE GreenLake Cloud Platform. 
The company has been benefiting from continued growth in the sales of its accelerator processing unit, primarily driven by rising demand of HPE Cray EX, Cray XT and HPE ProLiant Gen11 AI-optimized servers. HPE&#39;s efforts to shift focus to higher-margin offerings like Intelligent Edge and Aruba Central Hyperconverged Infrastructure are aiding the bottom line. 
However, organizations are pushing back their investments in big and expensive technology products due to global economic slowdown concerns, which can undermine this Zacks Rank #3 company&#39;s near-term prospects. 
The Zacks Consensus Estimate for fiscal 2024 earnings has remained steady at $1.88 per share in the past 30 days. HPE&#39;s shares have gained 3.9% year to date.
<h3>Price &amp; Consensus: HPE</h3>
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Agilysys: The company is benefiting from steady demand for cloud-native products and supporting software modules, an end-to-end array of software solutions and world-class customer service.
Agilysys operates as a developer and marketer of hardware and software products as well as services, with special expertise in select vertical markets, including retail and hospitality in North America, Europe, the Asia-Pacific and India.
Record high services revenues and significantly improved services margins have helped the company to drive increases in gross margin and net income profitability levels. 
This Zacks Rank #3 company&#39;s expertise in enterprise architecture and high availability, infrastructure optimization, storage and resource management and business continuity are major growth drivers. 
The Zacks Consensus Estimate for its fiscal 2024 earnings has remained steady at 97 cents per share in the past 30 days. Shares of AGYS have declined 12.6% year to date.
<h3>Price &amp; Consensus: AGYS</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/agys_20240603.jpg" style="height:520px; width:620px" />
<a href="https://www.zacks.com/commentary/2282580/4-stocks-to-watch-from-a-prospering-technology-solutions-industry?cid=CS-BENZ-FT-industry_outlook-2282580">To read this article on Zacks.com click here.</a>

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AGYS

4 Stocks to Watch From a Prospering Technology Solutions Industry

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