Added to YB: 2024-06-07
Pitch date: 2024-06-06
PAR [bullish]
PAR Technology Corporation
-67.72%
current return
Author Info
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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
$602.9M
Pitch Price
$43.24
Price Target
104.00 (+645%)
Dividend
N/A
EV/EBITDA
-25.32
P/E
-7.00
EV/Sales
2.03
Sector
Software
Category
growth
PAR Technology Corp. (NYSE:PAR)
PAR: From DoD contractor to fast-growing restaurant SaaS via acquisitions. Diverse growth opps: low product penetration, potential major chain wins (BK, Wendy's, Buffalo Wild Wings), int'l expansion w/ TASK. Path to Rule of 40 keeping opex flat as revs ramp. Divesting gov biz soon for TASK deal. Trades at discount to SaaS peers. 34% FY25 Rule of 40 = $104 PT (3:1 R/R). Risks: execution, CEO dep, Olo/Toast.
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