Par Pacific (PARR) Stock Forecast, Price Target & Predictions
PARR Stock Forecast
Par Pacific stock forecast is as follows: an average price target of $29.00 (represents a 55.08% upside from PARR’s last price of $18.70) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
PARR Price Target
The average price target for Par Pacific (PARR) is $29.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $37.00 to $21.00. This represents a potential 55.08% upside from PARR's last price of $18.70.
PARR Analyst Ratings
According to 4 Wall Street analysts, Par Pacific's rating consensus is 'Buy'. The analyst rating breakdown for PARR stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Par Pacific Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 14, 2024 | Manav Gupta | UBS | $21.00 | $18.70 | 12.30% | 12.30% |
| Jun 14, 2024 | Ryan Todd | Piper Sandler | $37.00 | $24.65 | 50.10% | 97.86% |
| May 14, 2024 | Ryan Todd | Piper Sandler | $43.00 | $28.20 | 52.46% | 129.95% |
| Apr 05, 2024 | Ryan Todd | Piper Sandler | $47.00 | $38.81 | 21.10% | 151.34% |
| Dec 19, 2022 | - | Piper Sandler | $27.00 | $21.08 | 28.08% | 44.39% |
| Sep 12, 2022 | - | Piper Sandler | $21.00 | $18.54 | 13.27% | 12.30% |
| Jul 19, 2022 | - | Piper Sandler | $20.00 | $14.95 | 33.78% | 6.95% |
| May 23, 2022 | - | Piper Sandler | $19.00 | $16.09 | 18.12% | 1.60% |
The latest Par Pacific stock forecast, released on Sep 14, 2024 by Manav Gupta from UBS, set a price target of $21.00, which represents a 12.30% increase from the stock price at the time of the forecast ($18.70), and a 12.30% increase from PARR last price ($18.70).
Par Pacific Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $21.00 | $21.00 | $37.00 |
| Last Closing Price | $18.70 | $18.70 | $18.70 |
| Upside/Downside | 12.30% | 12.30% | 97.86% |
In the current month, the average price target of Par Pacific stock is $21.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.30% increase as opposed to Par Pacific's last price of $18.70. This month's average price target is down 0.00% compared to last quarter, and down -43.24% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 14, 2024 | UBS | Neutral | Neutral | Hold |
| Aug 09, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jun 25, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jun 14, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 14, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 08, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Apr 05, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Dec 19, 2022 | Piper Sandler | Neutral | Neutral | Hold |
| Sep 12, 2022 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 19, 2022 | Piper Sandler | Neutral | Neutral | Hold |
Par Pacific's last stock rating was published by UBS on Sep 14, 2024. The company gave PARR a "Neutral" rating, the same as its previous rate.
Par Pacific Financial Forecast
Par Pacific Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $2.18B | $2.58B | $1.78B | $1.69B | $1.81B | $2.06B | - | $1.35B | $1.29B | $1.31B | $1.22B | $888.68M | $715.50M | $689.98M | $515.30M | $1.20B | $1.40B | $1.40B |
| Avg Forecast | $2.07B | $2.07B | $2.05B | $2.03B | $1.97B | $1.98B | $1.98B | $1.96B | $1.94B | $2.01B | $1.82B | $1.90B | $2.14B | $2.28B | $1.61B | $1.47B | $1.58B | $1.69B | $1.83B | $1.31B | $1.26B | $1.18B | $1.05B | $900.40M | $689.67M | $592.78M | $467.80M | $922.25M | $1.30B | $1.35B |
| High Forecast | $2.45B | $2.45B | $2.42B | $2.40B | $2.33B | $2.34B | $2.35B | $2.32B | $2.29B | $2.37B | $2.15B | $2.25B | $2.53B | $2.70B | $1.91B | $1.74B | $1.87B | $2.00B | $1.83B | $1.42B | $1.36B | $1.28B | $1.14B | $976.40M | $747.89M | $642.82M | $507.29M | $1.00B | $1.41B | $1.47B |
| Low Forecast | $1.85B | $1.85B | $1.83B | $1.82B | $1.77B | $1.77B | $1.78B | $1.75B | $1.73B | $1.79B | $1.63B | $1.70B | $1.92B | $2.04B | $1.44B | $1.32B | $1.42B | $1.52B | $1.83B | $1.21B | $1.17B | $1.10B | $977.85M | $836.31M | $640.58M | $550.59M | $434.50M | $856.61M | $1.21B | $1.26B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.13% | 1.11% | 1.14% | 1.14% | 1.21% | - | 1.03% | 1.03% | 1.11% | 1.16% | 0.99% | 1.04% | 1.16% | 1.10% | 1.31% | 1.08% | 1.04% |
Par Pacific's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.90B, with a low forecast of $1.70B, and a high forecast of $2.25B. PARR's average Quarter revenue forecast represents a -13.07% decrease compared to the company's last Quarter revenue of $2.18B (Dec 23).
Par Pacific EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $305.44M | $201.50M | $54.09M | $277.34M | $105.16M | $283.79M | - | $-97.25M | $49.43M | $121.39M | $-60.83M | $-86.19M | $-72.47M | $26.03M | $-4.64M | $-136.31M | $76.19M | $-44.30M |
| Avg Forecast | $62.55M | $62.55M | $61.92M | $61.30M | $59.66M | $59.88M | $59.99M | $59.17M | $58.50M | $60.61M | $54.99M | $-68.36M | $64.75M | $68.99M | $48.71M | $-62.15M | $47.85M | $83.13M | $55.41M | $-56.50M | $32.89M | $75.58M | $-58.09M | $-40.38M | $-21.48M | $3.57M | $-25.00M | $-205.16M | $40.00M | $-47.58M |
| High Forecast | $73.99M | $73.99M | $73.25M | $72.50M | $70.57M | $70.83M | $70.95M | $69.99M | $69.20M | $71.69M | $65.05M | $-54.69M | $76.59M | $81.61M | $57.61M | $-49.72M | $56.60M | $99.76M | $55.41M | $-45.20M | $39.47M | $90.69M | $-46.47M | $-32.30M | $-17.18M | $4.28M | $-20.00M | $-164.13M | $48.00M | $-38.06M |
| Low Forecast | $55.98M | $55.98M | $55.42M | $54.86M | $53.39M | $53.60M | $53.69M | $52.96M | $52.36M | $54.24M | $49.22M | $-82.03M | $57.95M | $61.75M | $43.59M | $-74.57M | $42.82M | $66.51M | $55.41M | $-67.80M | $26.32M | $60.46M | $-69.71M | $-48.45M | $-25.77M | $2.85M | $-30.00M | $-246.19M | $32.00M | $-57.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.72% | 2.92% | 1.11% | -4.46% | 2.20% | 3.41% | - | 1.72% | 1.50% | 1.61% | 1.05% | 2.13% | 3.37% | 7.29% | 0.19% | 0.66% | 1.90% | 0.93% |
1 analysts predict PARR's average Quarter EBITDA for Mar 24 to be $-68.36M, with a high of $-54.69M and a low of $-82.03M. This is -122.38% lower than Par Pacific's previous annual EBITDA (Dec 23) of $305.44M.
Par Pacific Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $289.32M | $171.41M | $30.01M | $237.89M | $84.72M | $267.40M | - | $-137.05M | $8.09M | $81.80M | $-108.96M | $-62.23M | $-131.92M | $-14.27M | $-40.56M | $-222.34M | $35.44M | $-83.89M |
| Avg Forecast | $13.04M | $53.01M | $54.81M | $-4.53M | $26.75M | $58.78M | $60.68M | $22.74M | $29.22M | $37.24M | $10.57M | $-96.27M | $61.70M | $180.27M | $70.12M | $-87.52M | $109.69M | $56.03M | $115.45M | $-79.57M | $5.55M | $50.93M | $-93.61M | $-57.01M | $-117.38M | $-15.16M | $-37.75M | $-205.56M | $27.13M | $-58.72M |
| High Forecast | $16.13M | $65.62M | $67.84M | $-3.91M | $33.11M | $72.75M | $75.10M | $28.15M | $36.17M | $63.64M | $13.09M | $-77.02M | $63.92M | $223.12M | $86.79M | $-70.02M | $135.76M | $67.23M | $115.45M | $-63.65M | $6.66M | $61.12M | $-74.89M | $-45.60M | $-93.90M | $-12.12M | $-30.20M | $-164.45M | $32.55M | $-46.98M |
| Low Forecast | $11.26M | $45.78M | $47.33M | $-5.60M | $23.10M | $50.76M | $52.40M | $19.64M | $25.24M | $10.16M | $9.13M | $-115.53M | $58.36M | $155.67M | $60.55M | $-105.03M | $94.72M | $44.82M | $115.45M | $-95.48M | $4.44M | $40.75M | $-112.33M | $-68.41M | $-140.85M | $-18.19M | $-45.30M | $-246.67M | $21.70M | $-70.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.69% | 0.95% | 0.43% | -2.72% | 0.77% | 4.77% | - | 1.72% | 1.46% | 1.61% | 1.16% | 1.09% | 1.12% | 0.94% | 1.07% | 1.08% | 1.31% | 1.43% |
Par Pacific's average Quarter net income forecast for Mar 24 is $-96.27M, with a range of $-115.53M to $-77.02M. PARR's average Quarter net income forecast represents a -133.28% decrease compared to the company's last Quarter net income of $289.32M (Dec 23).
Par Pacific SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $25.30M | $23.69M | $23.17M | $19.29M | $14.85M | $16.22M | - | $15.89M | $11.54M | $12.47M | $12.20M | $11.88M | $9.46M | $9.82M | $10.22M | $11.78M | $11.79M | $11.39M |
| Avg Forecast | $21.36M | $21.36M | $21.15M | $20.94M | $20.38M | $20.45M | $20.49M | $20.21M | $19.98M | $20.70M | $18.78M | $11.16M | $22.11M | $23.56M | $16.64M | $10.15M | $16.34M | $8.54M | $18.92M | $9.23M | $7.92M | $7.77M | $10.48M | $10.89M | $8.42M | $10.43M | $9.51M | $10.89M | $9.02M | $7.97M |
| High Forecast | $25.27M | $25.27M | $25.02M | $24.76M | $24.10M | $24.19M | $24.23M | $23.90M | $23.63M | $24.48M | $22.22M | $13.40M | $26.16M | $27.87M | $19.68M | $12.18M | $19.33M | $10.25M | $18.92M | $11.07M | $9.51M | $9.32M | $12.58M | $13.07M | $10.11M | $12.51M | $11.42M | $13.07M | $10.83M | $9.57M |
| Low Forecast | $19.12M | $19.12M | $18.93M | $18.74M | $18.24M | $18.31M | $18.34M | $18.09M | $17.88M | $18.53M | $16.81M | $8.93M | $19.79M | $21.09M | $14.89M | $8.12M | $14.63M | $6.83M | $18.92M | $7.38M | $6.34M | $6.21M | $8.39M | $8.71M | $6.74M | $8.34M | $7.61M | $8.72M | $7.22M | $6.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.01% | 1.39% | 1.90% | 0.91% | 1.90% | - | 1.72% | 1.46% | 1.61% | 1.16% | 1.09% | 1.12% | 0.94% | 1.07% | 1.08% | 1.31% | 1.43% |
Par Pacific's average Quarter SG&A projection for Mar 24 is $11.16M, based on 1 Wall Street analysts, with a range of $8.93M to $13.40M. The forecast indicates a -55.87% fall compared to PARR last annual SG&A of $25.30M (Dec 23).
Par Pacific EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $4.74 | $2.85 | $0.50 | $3.96 | $1.42 | $4.49 | - | $-2.31 | $0.14 | $1.38 | $-1.84 | $0.05 | $-2.47 | $-0.27 | $-0.76 | $-4.18 | $0.68 | $-1.65 |
| Avg Forecast | $0.22 | $0.91 | $0.94 | $-0.08 | $0.46 | $1.01 | $1.05 | $0.39 | $0.50 | $0.64 | $0.18 | $0.90 | $1.06 | $3.11 | $1.21 | $1.95 | $1.89 | $2.00 | $1.96 | $-0.32 | $-0.15 | $0.69 | $-0.70 | $-1.42 | $-1.26 | $-1.15 | $-1.57 | $-0.59 | $0.55 | $0.10 |
| High Forecast | $0.28 | $1.13 | $1.17 | $-0.07 | $0.57 | $1.25 | $1.29 | $0.48 | $0.62 | $1.10 | $0.23 | $1.12 | $1.10 | $3.84 | $1.50 | $2.41 | $2.34 | $2.48 | $1.96 | $-0.29 | $-0.14 | $0.77 | $-0.64 | $-1.29 | $-1.15 | $-1.04 | $-1.43 | $-0.53 | $0.61 | $0.11 |
| Low Forecast | $0.19 | $0.79 | $0.82 | $-0.10 | $0.40 | $0.87 | $0.90 | $0.34 | $0.43 | $0.17 | $0.16 | $0.78 | $1.01 | $2.68 | $1.04 | $1.68 | $1.63 | $1.73 | $1.96 | $-0.36 | $-0.17 | $0.63 | $-0.78 | $-1.58 | $-1.40 | $-1.27 | $-1.75 | $-0.65 | $0.50 | $0.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.46% | 0.92% | 0.41% | 2.04% | 0.75% | 2.24% | - | 7.18% | -0.94% | 1.99% | 2.62% | -0.04% | 1.96% | 0.24% | 0.48% | 7.12% | 1.24% | -17.34% |
According to 1 Wall Street analysts, Par Pacific's projected average Quarter EPS for Mar 24 is $0.90, with a low estimate of $0.78 and a high estimate of $1.12. This represents a -80.93% decrease compared to PARR previous annual EPS of $4.74 (Dec 23).
Par Pacific Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PARR | Par Pacific | $18.70 | $29.00 | 55.08% | Buy |
| PBF | PBF Energy | $32.61 | $45.00 | 37.99% | Buy |
| DINO | HF Sinclair | $45.19 | $58.88 | 30.29% | Buy |
| DK | Delek US | $19.40 | $23.14 | 19.28% | Hold |
| VLO | Valero Energy | $134.26 | $148.92 | 10.92% | Buy |
| VVV | Valvoline | $40.80 | $44.00 | 7.84% | Buy |
| SUN | Sunoco LP | $53.50 | $54.60 | 2.06% | Buy |
| CVI | CVR Energy | $22.15 | $22.00 | -0.68% | Buy |
| MPC | Marathon Petroleum | $163.58 | $158.80 | -2.92% | Buy |
| DKL | Delek Logistics Partners, LP | $41.99 | $40.00 | -4.74% | Buy |
PARR Forecast FAQ
Is Par Pacific a good buy?
Yes, according to 4 Wall Street analysts, Par Pacific (PARR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of PARR's total ratings.
What is PARR's price target?
Par Pacific (PARR) average price target is $29 with a range of $21 to $37, implying a 55.08% from its last price of $18.7. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Par Pacific stock go up soon?
According to Wall Street analysts' prediction for PARR stock, the company can go up by 55.08% (from the last price of $18.7 to the average price target of $29), up by 97.86% based on the highest stock price target, and up by 12.30% based on the lowest stock price target.
Can Par Pacific stock reach $30?
PARR's highest twelve months analyst stock price target of $37 supports the claim that Par Pacific can reach $30 in the near future.
What is Par Pacific's current price target trend?
1 Wall Street analyst forecast a $21 price target for Par Pacific (PARR) this month, up 12.30% from its last price of $18.7. Compared to the last 3 and 12 months, the average price target increased by 12.30% and increased by 97.86%, respectively.
What are Par Pacific's analysts' financial forecasts?
Par Pacific's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.9B (high $9.34B, low $7.07B), average EBITDA is $238.69M (high $282.34M, low $213.64M), average net income is $168.95M (high $209.11M, low $145.89M), average SG&A $81.53M (high $96.43M, low $72.97M), and average EPS is $2.91 (high $3.6, low $2.51). PARR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.22B (high $9.72B, low $7.35B), average EBITDA is $248.32M (high $293.72M, low $222.25M), average net income is $116.33M (high $145.68M, low $98.76M), average SG&A $84.81M (high $100.32M, low $75.91M), and average EPS is $2 (high $2.51, low $1.7).
Did the PARR's actual financial results beat the analysts' financial forecasts?
Based on Par Pacific's last annual report (Dec 2023), the company's revenue was $8.23B, beating the average analysts forecast of $7.51B by 9.60%. Apple's EBITDA was $891.36M, beating the average prediction of $120.3M by 640.96%. The company's net income was $728.64M, beating the average estimation of $224.57M by 224.46%. Apple's SG&A was $91.45M, beating the average forecast of $72.46M by 26.20%. Lastly, the company's EPS was $11.94, beating the average prediction of $7.32 by 63.06%. In terms of the last quarterly report (Dec 2023), Par Pacific's revenue was $2.18B, beating the average analysts' forecast of $2.14B by 1.92%. The company's EBITDA was $305.44M, beating the average prediction of $64.75M by 371.73%. Par Pacific's net income was $289.32M, beating the average estimation of $61.7M by 368.96%. The company's SG&A was $25.3M, beating the average forecast of $22.11M by 14.40%. Lastly, the company's EPS was $4.74, beating the average prediction of $1.06 by 345.95%