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Parsons (PSN)
NYSE:PSN
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PSN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$61.36 - $114.68
Previous Close$96.56
Volume508.57K
Average Volume (3M)1.02M
Market Cap
$10.25B
Enterprise Value$11.20B
Total Cash (Recent Filing)$558.82M
Total Debt (Recent Filing)$1.40B
Price to Earnings (P/E)147.4
Beta0.63
Next Earnings
Feb 12, 2025EPS Estimate
$0.91Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.66
Shares Outstanding106,189,949
10 Day Avg. Volume957,066
30 Day Avg. Volume1,018,281
Standard Deviation0.08
R-Squared0.22
Alpha0.00884
Financial Highlights & Ratios
Price to Book (P/B)4.43
Price to Sales (P/S)1.57
Price to Cash Flow (P/CF)8.60
P/FCF Ratio8.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.72
Enterprise Value/Gross Profit9.28
Enterprise Value/Ebitda34.97
Forecast
1Y Price Target
$121.11Price Target Upside23.68% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Parsons News
Bulls Say, Bears Say
Bulls Say
EarningsParsons Corp is forecasted to achieve an impressive 12-15% adjusted EBITDA growth, highlighting significant margin potential.
Organic GrowthParsons has reported its fifth consecutive quarter of over 20% organic growth, demonstrating robust performance across all business units.
Strategic AcquisitionsThe acquisition of BlackSignal Technologies is set to expand Parsons' customer base within the Department of Defense and Intelligence Community, enhancing its position in offensive cyber operations and electronic warfare.
Bears Say
Company GuidanceCompany guidance implies a top-line deceleration the remainder of the year.
Regional GrowthThe growth in the EMEA region for Critical Infrastructure has slowed down due to tough comparisons, decreasing from 12.3% to 6.9%.
Segment MarginsMargins by segment were mixed as FS margin was strong and CI margin was soft.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PSN FAQ
What was Parsons’s price range in the past 12 months?
Parsons lowest stock price was $61.35 and its highest was $114.68 in the past 12 months.
What is Parsons’s market cap?
Currently, no data Available
When is Parsons’s upcoming earnings report date?
Parsons’s upcoming earnings report date is Feb 12, 2025 which is in 53 days.
How were Parsons’s earnings last quarter?
Parsons released its earnings results on Oct 30, 2024. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.801 by $0.149.
Is Parsons overvalued?
According to Wall Street analysts Parsons’s price is currently Undervalued.
Does Parsons pay dividends?
Parsons does not currently pay dividends.
What is Parsons’s EPS estimate?
Parsons’s EPS estimate is $0.91.
How many shares outstanding does Parsons have?
Parsons has 106,189,950 shares outstanding.
What happened to Parsons’s price movement after its last earnings report?
Parsons reported an EPS of $0.95 in its last earnings report, beating expectations of $0.801. Following the earnings report the stock price went up 4.732%.
Which hedge fund is a major shareholder of Parsons?
Among the largest hedge funds holding Parsons’s share is Driehaus Capital Management LLC. It holds Parsons’s shares valued at 64M.
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Parsons Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$121.11 (23.68% Upside)
$121.11 (23.68% Upside)
Blogger Sentiment
Bullish
PSN Sentiment 77%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 274.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.0%
Last 30 Days ▲ 20.0%
Last 30 Days ▲ 20.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.72%
12-Months-Change
Fundamentals
Return on Equity
3.51%
Trailing 12-Months
Asset Growth
15.01%
Trailing 12-Months
Company Description
Parsons
Parsons Corp. provides engineering, design, planning, and construction management services. It offers solutions for commercial, federal, transportation, and water resources. The company delivers engineering, construction, systems and resource integration, project and program management, and environmental services to customers. Its projects include airports, bridges, chemical demilitarization, dams, energy generation facilities, environmental remediation and restoration, homeland defense, hospitals, missile defense, pharmaceutical plants, ports, public works, rail systems, roads, schools and universities, water distribution, and wastewater treatment systems. The company was founded by Ralph Monroe Parsons on June 12, 1944 and is headquartered in Pasadena, CA.
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PSN Company Deck
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PSN Earnings Call
Q3 2024
0:00 / 0:00
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PSN Stock 12 Month Forecast
Average Price Target
$121.11
▲(23.68% Upside)
Technical Analysis
Best Analysts Covering PSN
1 Year
1 Year Success Rate
15/15 ratings generated profit
1 Year Average Return
+36.32%
reiterated a buy rating 5 months ago
Copying Bert Subin's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +36.32% per trade.
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