Professional
Added to YB: 2024-08-28
Pitch date: 2024-08-26
PAR [bullish]
PAR Technology Corporation
-32.08%
current return
Author Info
Greenhaven Road is a boutique hedge fund with the patience and confidence to step outside of the norm. Visit their website.
Company Info
PAR Technology Corporation, together with its subsidiaries, provides omnichannel cloud-based hardware and software solutions to the worldwide.
Market Cap
$1.4B
Pitch Price
$54.31
Price Target
80.00 (+117%)
Dividend
N/A
EV/EBITDA
-37.38
P/E
-14.50
EV/Sales
4.16
Sector
Software
Category
growth
Greenhaven Road Capital Main Fund Portfolio Holding: PAR Technology Corporation
PAR: Transformative H1 with Stuzo & TASK acquisitions, defense biz sale. BK POS rollout, Wendy's win. New products for convenience stores. Analyst estimates outdated (Nov '23). EBITDA positive Q3 '23, $40-60M+ potential for '24 vs $18M consensus. 25%+ software growth, Rule of 40 in '24. $80 PT (~70% upside).
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