Parex Resources Stock Analysis
| PXT Stock | CAD 13.75 0.22 1.63% |
Parex Resources is overvalued with Real Value of 11.32 and Hype Value of 13.81. The main objective of Parex Resources stock analysis is to determine its intrinsic value, which is an estimate of what Parex Resources is worth, separate from its market price. There are two main types of Parex Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Parex Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Parex Resources' stock to identify patterns and trends that may indicate its future price movements.
The Parex Resources stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Parex Resources is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Parex Stock trading window is adjusted to America/Toronto timezone.
Parex |
Parex Stock Analysis Notes
About 55.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Parex Resources has Price/Earnings To Growth (PEG) ratio of 1.96. The entity last dividend was issued on the 9th of December 2024. The firm had 1:10 split on the 7th of August 2007. Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company was incorporated in 2009 and is headquartered in Calgary, Canada. PAREX RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 371 people. To find out more about Parex Resources contact David Taylor at 403 265 4800 or learn more at https://www.parexresources.com.Parex Resources Quarterly Total Revenue |
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Parex Resources Investment Alerts
| Parex Resources is unlikely to experience financial distress in the next 2 years | |
| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Its Time to Buy 1 Canadian Stock That Hasnt Been This Cheap in Years - MSN |
Parex Largest EPS Surprises
Earnings surprises can significantly impact Parex Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-11-10 | 2016-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2010-03-29 | 2009-12-31 | -0.02 | -0.04 | -0.02 | 100 | ||
2016-08-10 | 2016-06-30 | -0.03 | -0.0016 | 0.0284 | 94 |
Parex Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parex Resources's market, we take the total number of its shares issued and multiply it by Parex Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Parex Profitablity
Parex Resources' profitability indicators refer to fundamental financial ratios that showcase Parex Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Parex Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Parex Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Parex Resources' profitability requires more research than a typical breakdown of Parex Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.45 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.45. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.20 | 0.21 | |
| Return On Capital Employed | 0.37 | 0.55 | |
| Return On Assets | 0.19 | 0.20 | |
| Return On Equity | 0.23 | 0.46 |
Management Efficiency
Parex Resources has return on total asset (ROA) of 0.1371 % which means that it generated a profit of $0.1371 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1381 %, meaning that it generated $0.1381 on every $100 dollars invested by stockholders. Parex Resources' management efficiency ratios could be used to measure how well Parex Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 16th of December 2024, Return On Tangible Assets is likely to grow to 0.21. Also, Return On Capital Employed is likely to grow to 0.55. At this time, Parex Resources' Return On Assets are very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 18.40 | 19.32 | |
| Tangible Book Value Per Share | 17.71 | 18.60 | |
| Enterprise Value Over EBITDA | 3.01 | 3.16 | |
| Price Book Value Ratio | 1.02 | 1.07 | |
| Enterprise Value Multiple | 3.01 | 3.16 | |
| Price Fair Value | 1.02 | 1.07 | |
| Enterprise Value | 2 B | 2.1 B |
Leadership effectiveness at Parex Resources is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.112 | Operating Margin 0.4495 | Profit Margin 0.2278 | Forward Dividend Yield 0.112 | Beta 1.413 |
Technical Drivers
As of the 16th of December 2024, Parex Resources holds the Coefficient Of Variation of 805.78, semi deviation of 1.9, and Risk Adjusted Performance of 0.0966. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parex Resources, as well as the relationship between them.Parex Resources Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Parex Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Parex Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Parex Resources Outstanding Bonds
Parex Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Parex Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Parex bonds can be classified according to their maturity, which is the date when Parex Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Parex Resources Predictive Daily Indicators
Parex Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Parex Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Parex Resources Forecast Models
Parex Resources' time-series forecasting models are one of many Parex Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Parex Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Parex Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Parex Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Parex shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Parex Resources. By using and applying Parex Stock analysis, traders can create a robust methodology for identifying Parex entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.39 | 0.41 | |
| Operating Profit Margin | 0.68 | 0.72 | |
| Net Profit Margin | 0.39 | 0.41 | |
| Gross Profit Margin | 0.76 | 0.65 |
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Other Information on Investing in Parex Stock
Parex Resources financial ratios help investors to determine whether Parex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parex with respect to the benefits of owning Parex Resources security.