Parsons Corp [PSN] stock is trading at $63.15, up 6.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PSN shares have gain 0.16% over the last week, with a monthly amount glided 9.67%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Parsons Corp [NYSE: PSN] stock has seen the most recent analyst activity on February 21, 2025, when William Blair downgraded its rating to a Mkt Perform. Previously, TD Cowen downgraded its rating to Hold on February 21, 2025, and kept the price target unchanged to $105. On February 18, 2025, upgrade upgraded it’s rating to Outperform. William Blair downgraded its rating to a Mkt Perform. Raymond James downgraded its rating to a Mkt Perform. Goldman upgraded its rating to Buy for this stock on December 12, 2024, and upped its price target to $111. In a note dated October 23, 2024, Raymond James downgraded an Outperform rating on this stock but restated the target price of $115.
Parsons Corp [PSN] stock has fluctuated between $54.56 and $114.68 over the past year. Currently, Wall Street analysts expect the stock to reach $118 within the next 12 months. Parsons Corp [NYSE: PSN] shares were valued at $63.15 at the most recent close of the market. An investor can expect a potential return of 86.86% based on the average PSN price forecast.
Analyzing the PSN fundamentals
Parsons Corp [NYSE:PSN] reported sales of 6.75B for the trailing twelve months, which represents a growth of 16.07%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.1 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 58.94 points at the first support level, and at 54.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.93, and for the 2nd resistance point, it is at 68.70.
Ratios To Look Out For
For context, Parsons Corp’s Current Ratio is 1.29. Also, the Quick Ratio is 1.29, while the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 2.79 and price to earnings (TTM) ratio is 30.25.
Transactions by insiders
Recent insider trading involved McMahon Harry T., Director, that happened on Feb 28 ’25 when 8064.0 shares were purchased.
