Parsons Corp (NYSE:PSN) currently has a daily average trading volume of 1.64M but it saw 959085 shares traded in last market. With a market cap of 6.84B USD, the company’s current market price of $65.07 came rising about 1.54 while comparing to the previous closing price of $64.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $114.68 and as low as $54.56. In the recent trading on the day, stock has struck highest price mark of $64.75 while lowest mark touched by it was $66.57.
Taking a look at 20-day trading activity of Parsons Corp (PSN) gives us an average price of $62.15, while its current price level is -43.26% below from 52-week high level whereas it is 19.26% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $61.91 while that of 200 days or SMA-200 reads an average of $86.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.83% during that period while stretching the period over a month that increases to 4.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.43 which implies that the stock is in neutral territory.
TD Cowen downgraded its recommendation for the stock as a “Hold” from “Buy” on February 21, 2025 while assigning a price target of $105.
Over the week, PSN’s stock price is moving 1.54% up while it is 7.62% when we observe its performance for the past one month. Year-to-date it is -29.46% down and over the past year, the stock is showing a downside performance of -16.03%.
The company is expected to be releasing its next quarterly report on 2025-Feb-18, for which analysts forecasted an EPS of 0.74 while estimate for next year EPS is 3.63. In next quarter, company is expected to be making quarterly sales of $1.76B as analysts are expecting the sales for current fiscal year at $7.16B and seeing the company making $7.58B in sales next year. Moreover, analysts are in estimates of $1.62B for current-quarter revenue.
Currently, Parsons Corp’s total number of outstanding shares is 106.78M with 1.10% of that held by the insiders while 100.03% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.08% and return on equity (ROE) at 9.99%. It has a price to earnings ratio (P/E ratio) of 31.17 while having a 16.28 of forward P/E ratio. Stock’s beta reads 0.53. Stock has a price to book (P/B) ratio of 2.88 while price to sale or P/S ratio amounts to 1.01. Its return on asset (ROA) is 4.57% on average.
