Parsons Corporation PSN Stock Price, Quote & News

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. The company’s average rating score is 2.14, and is based on 3 buy ratings, 2 hold ratings, and 2 sell ratings. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.

According to 6 https://1investing.in/s, the average rating for PSN stock is “Hold.” The 12-month stock price forecast is $48.67, which is an increase of 11.89% from the latest price. Kiora Pharmaceuticals, Inc. , today reported its financial results for the quarter and year ended December 31, 2021 and provided an update on recent corporate and operational… Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price.

The company issued revenue guidance of $4.38 billion-$4.58 billion, compared to the consensus revenue estimate of $4.47 billion. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Parsons Corporation reported Q3 EPS of $0.48, $0.02 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.05…

Private Companies

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. Department of Defense, including military services; Missile Defense Agency, the Department of Energy; the Department of State; the Department of Homeland Security, and the Federal Aviation Administration. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.

“The void vs voidable contract lawyers team is doing amazing work for Chemours to help manage several projects in the Cape Fear River Basin,” said Peter Torrellas, president, Connected Communities business unit for Parsons. “This work is improving the communities where we operate, and I am proud that we are enhancing our positive environmental impact with the addition of electric vehicles to our fleet.” The fleet of electric trucks will be used by Parsons’ employees, who in the last two years, have driven over 2.5 million miles around Fayetteville and Wilmington for the Chemours programs, collecting thousands of residential drinking water samples for assessment and replacement. By leveraging their qualifications to deliver fleet electrification and zero emission vehicle charging stations, Parsons is significantly reducing the impact to the environment as they continue this work. Parsons doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.56 average news sentiment score of Business Services companies. According to analysts’ consensus price target of $49.13, Parsons has a forecasted upside of 12.9% from its current price of $43.50.

Analysts Offer Insights on Technology Companies: Palo Alto Networks (PANW), Parsons (PSN) and Silverlake Axis (OtherSLVFF)

A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSN, but not buy additional shares or sell existing shares. The company offers cyber security and intelligence services, as well as offensive and defensive cybersecurity platforms, tools, and operations to the U.S. Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligen… 7 brokerages have issued twelve-month price objectives for Parsons’ shares.

• Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
• The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
• “The Parsons team is doing amazing work for Chemours to help manage several projects in the Cape Fear River Basin,” said Peter Torrellas, president, Connected Communities business unit for Parsons.
• Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligen…
• On average, they predict the company’s share price to reach $49.13 in the next twelve months.

A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. PSN, +0.93% said Thursday it has won a contract from the Federal Aviation Administration for technical support with a ceiling of $1.8 billion. Renee Parsons, the wife of PXG founder Bob Parsons and President of PXG Apparel, talks about the latest clothing line and those to come, the company’s unique approach to retail, and unrivaled growth plans for its signature stores.

The company issued 18,500,000 shares at $26.00-$28.00 per share. Goldman Sachs, BofA Merrill Lynch and Morgan Stanley acted as the underwriters for the IPO and Jefferies, Wells Fargo Securities, Cowen, SunTrust Robinson Humphrey, MUFG and Scotiabank were co-managers. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. Parsons’ stock was trading at $46.25 at the start of the year.

How big is Parsons Corp?

Defense technology company Parsons Corp. set terms for its planned initial public offering on Monday, saying it plans to offer 18.5 million shares priced at $26 to $28 each. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. Represents the company’s profit divided by the outstanding shares of its common stock. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.Click here for more on how to use these ratings. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Special Replay for The A.I. Predictive Power EventIf you missed The A.I. Predictive Power Event… don’t worry, for a limited time, we’ve made a replay available to the public.

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MarketBeat has tracked 9 news articles for Parsons this week, compared to 5 articles on an average week. Parsons does not have a long track record of dividend growth. Parsons has only been the subject of 3 research reports in the past 90 days.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion. This transition is evidence of the company’s environmental sustainability commitment, which includes dedicating the resources, planning, and effort to their clients and public agencies to help them meet their fleet transition goals. In addition to the EV transformation, Chemours invested in smart fleet management software that enables Parsons’ drivers to optimize routes and minimize miles driven. This not only impacts overall emissions but improves safety by reducing time spent behind the wheel.

Parsons MarketRank™ Forecast

Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. Parsons issued an update on its FY 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of for the period.

Measures how much net income or profit is generated as a percentage of revenue.

Sign-up to receive the latest news and ratings for Parsons and its competitors with MarketBeat’s FREE daily newsletter. High institutional ownership can be a signal of strong market trust in this company. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Raised $500 million in an initial public offering on Wednesday, May 8th 2019.

You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the PSN quote. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

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Parsons Corp. engages in the provision of engineering, design, planning, and construction management services. It offers solutions for commercial, federal, transportation, and water resources. It delivers engineering, construction, systems and resource integration, project and program management, and environmental services to customers. It operates through the Federal Solutions and Critical Infrastructure segments.

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• The consensus among Wall Street research analysts is that investors should “hold” PSN shares.
• Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.
• A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.

All values as of most recently reported quarter unless otherwise noted. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. One share of PSN stock can currently be purchased for approximately $43.68.

The Critical Infrastructure segment offers integrated design and engineering services for complex physical and digital infrastructure around the globe. The company was founded by Ralph Monroe Parsons on June 12, 1944 and is headquartered in Centreville, VA. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares.

Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. 7 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Parsons in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” PSN shares.