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Parsons (PSN)
NYSE:PSN
Parsons (PSN) Stock Price & Analysis
311 Followers
PSN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.97 - $85.44
Previous Close$78.87
Volume788.21K
Average Volume (3M)814.88K
Market Cap
$8.38B
Enterprise Value$9.12B
Total Cash (Recent Filing)$272.94M
Total Debt (Recent Filing)$922.02M
Price to Earnings (P/E)448.9
Beta0.69
Next Earnings
Jul 31, 2024EPS Estimate
$0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.17
Shares Outstanding146,747,745
10 Day Avg. Volume737,118
30 Day Avg. Volume814,884
Standard Deviation0.08
R-Squared0.28
Alpha0.00767
Financial Highlights & Ratios
Price to Book (P/B)52.33
Price to Sales (P/S)2.10
Price to Cash Flow (P/CF)15.10
P/FCF Ratio15.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.68
Enterprise Value/Gross Profit7.56
Enterprise Value/Ebitda21.83
Forecast
1Y Price Target
$90.83Price Target Upside16.75% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Parsons News
Bulls Say, Bears Say
Bulls Say
Financial PerformancePSN reported 1Q24 EBITDA well ahead of consensus, and raised full-year guidance.
GrowthPSN still sees double-digit growth in 2024, after ~30% growth last year.
MarginsMargins would be ~10% today, excluding legacy zero-margin jobs, with benefit from greater project selectivity, and growth in higher margin geographies like the Mideast.
Bears Say
ContractsCI has margin dilutive contracts set to roll off, but its forward landing spot is still unclear.
Growth RateA deceleration in the growth rate looks likely soon.
MarginsMargins were somewhat mixed as FS was strong while CI was soft.
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Ownership Overview
1.25% Insiders
15.78% Mutual Funds
7.40% Other Institutional Investors
75.57% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PSN FAQ
What was Parsons’s price range in the past 12 months?
Parsons lowest stock price was $46.97 and its highest was $85.44 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 Jul 31, 2024 which is in 14 days.
How were Parsons’s earnings last quarter?
Parsons released its earnings results on May 01, 2024. The company reported $0.7 earnings per share for the quarter, beating the consensus estimate of $0.627 by $0.073.
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 $0.69.
How many shares outstanding does Parsons have?
Parsons has 106,246,360 shares outstanding.
What happened to Parsons’s price movement after its last earnings report?
Parsons reported an EPS of $0.7 in its last earnings report, beating expectations of $0.627. Following the earnings report the stock price went down -1.121%.
Which hedge fund is a major shareholder of Parsons?
Among the largest hedge funds holding Parsons’s share is Gotham Asset Management LLC. It holds Parsons’s shares valued at 2M.
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Parsons Stock Smart Score
Unlock Smart Score
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$90.83 (16.75% Upside)
$90.83 (16.75% Upside)
Blogger Sentiment
Bullish
PSN Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 28.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 3.6%
Last 30 Days ▲ 3.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.06%
12-Months-Change
Fundamentals
Return on Equity
1.34%
Trailing 12-Months
Asset Growth
19.80%
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
Q1 2024
0:00 / 0:00
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PSN Stock 12 Month Forecast
Average Price Target
$90.83
▲(16.75% Upside)
Technical Analysis
Best Analysts Covering PSN
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+27.01%
assigned a buy rating 22 days ago
Copying Bert Subin's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +27.01% per trade.
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