Added to YB: 2026-03-17
Pitch date: 2026-03-14
PAR [neutral]
PAR Technology Corporation
-1.68%
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
$607.8M
Pitch Price
$14.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
-25.46
P/E
-7.06
EV/Sales
2.04
Sector
Software
Category
N/A
PAR Technology (PAR): Convertible Debt and Accounting Questions
PAR (update): Refinancing 1.5% 2027 converts ($77 strike, 3.44M shares) w/ 4% 2031 converts ($19.02 strike, 13.93M shares). Interest expense rises $4M→$10.6M/yr despite negative OCF. FY25 GAAP EPS -$2.09 vs adj EPS +$0.15 via $0.96 intangible amort, $0.76 SBC add-backs. Balance sheet: $898M goodwill + $203M intangibles vs $555M mcap = impairment risk.
Read full article (2 min)