Professional
Added to YB: 2024-10-24
Pitch date: 2024-09-30
PAR [bullish]
PAR Technology Corporation
-72.45%
current return
Author Info
No bio for this author
Company Info
PAR Technology Corporation, together with its subsidiaries, provides omnichannel cloud-based software and hardware solutions for the restaurant and retail industries worldwide.
Market Cap
$573.1M
Pitch Price
$51.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
-24.51
P/E
-6.38
EV/Sales
1.97
Sector
Software
Category
growth
Baron Opportunity Fund New Position: PAR Technology Corporation
PAR: Leading foodservice tech provider. 20%+ annual software rev growth expected via new wins & cross-selling. Completing product suite via M&A. Minimal competition in enterprise restaurants. Projecting Q3 2024 adj. EBITDA profitability. Strong operating leverage anticipated as it scales to vertical software margins, driving stock appreciation.
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