PAR Technology Corporation through its wholly owned subsidiary ParTech, Inc., is a customer success-driven, global restaurant and retail technology company with over 100,000 restaurants in more than 110 countries using its point of sale hardware and software. ParTech's Brink POS® integration ecosystem enables quick service, fast casual and table service restaurants to improve their operational efficiency by combining its cloud-based POS software with the world's leading restaurant technology platforms. PAR Technology's Government segment is a leader in providing computer-based system design, engineering and technical services to the Department of Defense and various other federal agencies.
Company profile
Ticker
PAR
Exchange
Website
CEO
Savneet Singh
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ParTech, Inc. • PAR Government Systems Corporation • AccSys, LLC • Punchh Inc. ...
IRS number
161434688
PAR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K/A
2022 FY
Annual report (amended)
21 Mar 23
8-K
Other Events
3 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Par Technology Corporation Announces Fourth Quarter and Full Year 2022 Results
1 Mar 23
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Par Technology Corporation Announces 2022 Third Quarter Results
9 Nov 22
8-K
Amendments to Articles of Incorporation or Bylaws
26 Sep 22
S-3ASR
Automatic shelf registration
31 Aug 22
8-K
Par Technology Corporation Announces 2022 Second Quarter Results
9 Aug 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
Transcripts
PAR
Earnings call transcript
2022 Q4
1 Mar 23
PAR
Earnings call transcript
2022 Q3
9 Nov 22
PAR
Earnings call transcript
2022 Q2
9 Aug 22
PAR
Earnings call transcript
2022 Q1
11 May 22
PAR
Earnings call transcript
2021 Q4
2 Mar 22
PAR
Earnings call transcript
2021 Q3
10 Nov 21
PAR
Earnings call transcript
2021 Q2
10 Aug 21
PAR
Earnings call transcript
2021 Q1
11 May 21
PAR
Earnings call transcript
2020 Q4
16 Mar 21
PAR
Earnings call transcript
2020 Q3
6 Nov 20
Latest ownership filings
SC 13G/A
T. Rowe Price Investment Management, Inc.
10 Mar 23
4
MICHAEL ANTHONY STEENBERGE
7 Mar 23
3/A
MICHAEL ANTHONY STEENBERGE
7 Mar 23
4
MICHAEL DAVID NELSON
7 Mar 23
4
Raju Malhotra
7 Mar 23
4
BRYAN A MENAR
7 Mar 23
4
CATHY A KING
7 Mar 23
3
MICHAEL ANTHONY STEENBERGE
7 Mar 23
4
BRYAN A MENAR
3 Mar 23
4
MICHAEL DAVID NELSON
3 Mar 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 77.53 mm | 77.53 mm | 77.53 mm | 77.53 mm | 77.53 mm | 77.53 mm |
| Cash burn (monthly) | 3.99 mm | 9.24 mm | 4.29 mm | 5.67 mm | 3.16 mm | 3.59 mm |
| Cash used (since last report) | 11.80 mm | 27.33 mm | 12.67 mm | 16.77 mm | 9.36 mm | 10.61 mm |
| Cash remaining | 65.73 mm | 50.21 mm | 64.86 mm | 60.76 mm | 68.18 mm | 66.92 mm |
| Runway (months of cash) | 16.5 | 5.4 | 15.1 | 10.7 | 21.6 | 18.6 |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 145 |
| Opened positions | 25 |
| Closed positions | 19 |
| Increased positions | 58 |
| Reduced positions | 39 |
| 13F shares | Current |
|---|---|
| Total value | 715.92 bn |
| Total shares | 32.88 mm |
| Total puts | 447.20 k |
| Total calls | 1.28 mm |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Capital Research Global Investors | 2.98 mm | $77.63 bn |
| ADW Capital Partners | 2.60 mm | $0.00 |
| T. Rowe Price Investment Management | 2.45 mm | $64.05 bn |
| BLK Blackrock | 1.85 mm | $48.12 bn |
| ADW Capital Management | 1.65 mm | $43.02 bn |
| Vanguard | 1.59 mm | $41.38 bn |
| Greenhaven Road Investment Management | 1.35 mm | $35.43 bn |
| MFN Partners Management | 1.26 mm | $32.93 bn |
| MFN Partners | 1.26 mm | $0.00 |
| Rovida Advisors | 1.20 mm | $31.29 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Mar 23 | Cathy A King | Common Stock | Grant | Acquire A | No | No | 35.82 | 16,750 | 599.99 k | 34,103 |
| 3 Mar 23 | Bryan A Menar | Common Stock | Grant | Acquire A | No | No | 35.82 | 16,750 | 599.99 k | 35,103 |
| 3 Mar 23 | Raju Malhotra | Common Stock | Grant | Acquire A | No | No | 35.82 | 41,876 | 1.50 mm | 74,869 |
| 3 Mar 23 | Michael David Nelson | Common Stock | Grant | Acquire A | No | No | 35.82 | 2,372 | 84.97 k | 3,876 |
| 3 Mar 23 | Michael Anthony Steenberge | Common Stock | Grant | Acquire A | No | No | 35.82 | 8,374 | 299.96 k | 12,507 |
News
Craig-Hallum Maintains Buy on PAR Technology, Raises Price Target to $42
2 Mar 23
Goldman Sachs Maintains Neutral on PAR Technology, Raises Price Target to $30
2 Mar 23
Needham Reiterates Buy on PAR Technology, Maintains $43 Price Target
2 Mar 23
PAR Technology Reports Q4 Earnings Above Street View
1 Mar 23
PAR Technology Q4 Adj EPS $(0.26) Beats $(0.45) Estimate, Sales $97.65M Beat $90.94M Estimate
1 Mar 23
Press releases
PAR Technology Corporation Announces Fourth Quarter and Full Year 2022 Results
1 Mar 23
PAR Technology Corporation Releases Conference Call and Webcast Information for Fiscal 2022 Fourth Quarter & Year-End Financial Results
15 Feb 23
PAR Technology's Punchh® Announces Seven Winners of Annual Customer Loyalty Awards
2 Feb 23
PAR Technology Corporation Subsidiary Announces $21 million U.S. Navy Award in Djibouti, Africa
17 Jan 23
PAR Technology Corporation to Participate at the 25th Annual Needham Growth Conference
9 Jan 23