Investors Ignore Increasing Losses at PAR Technology (NYSE:PAR) as Stock Jumps 9.3% This Past Week
Investors Ignore Increasing Losses at PAR Technology (NYSE:PAR) as Stock Jumps 9.3% This Past Week
For the last half decade, PAR Technology can boast revenue growth at a rate of 18% per year. Even measured against other revenue-focussed companies, that's a good result. So it's not entirely surprising that the share price reflected this performance by increasing at a rate of 22% per year, in that time. So it seems likely that buyers have paid attention to the strong revenue growth. PAR Technology seems like a high growth stock - so growth investors might want to add it to their watchlist. When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is PAR Technology Corporation (NYSE:PAR) which saw its share price drive 170% higher over five years. On top of that, the share price is up 42% in about a quarter. The company reported its financial results recently; you can catch up on the latest numbers by reading our company report.
当你买入一家公司的股票时，需要考虑到它可能会失败的风险，从而可能会导致你损失金钱。但从积极的角度看，如果你在合适的价格买入一家优质公司的股票，你可以获得超过100%的收益。一个很好的例子是par technology公司（纽交所：PAR），它的股价在五年内上涨了170%。此外，股价在大约一个季度内上涨了42%。公司最近公布了其财务结果；你可以通过阅读我们的公司报告来获取最新的数据。
On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.
在稳定的七天表现之后，让我们看看公司的基本面对长期股东回报的影响。
Because PAR Technology made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
由于par technology在过去十二个月中遭遇了亏损，我们认为市场可能更关注营业收入和营业收入增长，至少在目前是如此。一般来说，没有利润的公司被期望每年都要提高营业收入，并且增速要快。这是因为如果营业收入增长微乎其微，而且公司从未盈利，人们很难对其可持续性产生信心。
For the last half decade, PAR Technology can boast revenue growth at a rate of 18% per year. Even measured against other revenue-focussed companies, that's a good result. So it's not entirely surprising that the share price reflected this performance by increasing at a rate of 22% per year, in that time. So it seems likely that buyers have paid attention to the strong revenue growth. PAR Technology seems like a high growth stock - so growth investors might want to add it to their watchlist.
在过去五年中，par technology的营业收入年均增长率达到18%。即使与其他以营业收入为重点的公司相比，这也是一个不错的结果。因此，股价在此期间以每年22%的速度增长，这一点并不完全令人惊讶。因此，买家似乎对强劲的营业收入增长给予了关注。par technology看起来是一只高增长股票——所以增长投资者可能想将其加入到自选中。
The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).
下面的图表显示了收益和营收随时间的变化情况（通过单击图像揭示确切的值）。
Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
资产负债表实力非常重要。查看我们关于其财务状况如何随时间变化的免费报告可能非常值得。
A Different Perspective
另一种看法
It's good to see that PAR Technology has rewarded shareholders with a total shareholder return of 105% in the last twelve months. Since the one-year TSR is better than the five-year TSR (the latter coming in at 22% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand PAR Technology better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with PAR Technology , and understanding them should be part of your investment process.
很高兴看到par technology在过去十二个月内为股东带来了总股东回报率达105%。由于一年期的总股东回报率优于五年期的总股东回报率（后者为每年22%），这似乎表明该股票的表现最近有所改善。在最好的情况下，这可能暗示出一些真正的业务动能，这意味着现在可能是深入研究的好时机。 长期跟踪股价表现总是很有趣。但要更好地了解par technology，我们需要考虑许多其他因素。例如，投资风险始终存在。我们已发现par technology存在2个警告信号，理解这些信号应成为您投资过程的一部分。
We will like PAR Technology better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
如果我们看到一些大宗内部买入，我们将更喜欢par technology。在我们等待的同时，请查看这份免费的小型公司被低估的股票清单（大多数是小型股），它们最近有大量的内部购入。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
请注意，本文所引述的市场回报反映了目前在美国交易所上市的股票的市场加权平均回报。
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Simply Wall St的这篇文章是一般性质的。我们仅基于历史数据和分析师预测提供评论，使用公正的方法，我们的文章并非意在提供财务建议。这并不构成买入或卖出任何股票的建议，并且不考虑您的目标或财务状况。我们旨在为您带来基于基础数据驱动的长期聚焦分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St对提及的任何股票都没有持仓。
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