Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Parsons Corp (NYSE: PSN) closed at $59.49 down -3.97% from its previous closing price of $61.95. In other words, the price has decreased by -$3.97 from its previous closing price. On the day, 2.97 million shares were traded.
Ratios:
For a deeper understanding of Parsons Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.53.
On February 21, 2025, TD Cowen Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $105.
Valuation Measures:
As of this moment, Parsons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 90.82, and their Forward P/E ratio for the next fiscal year is 14.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 2.73.
Stock Price History:
Over the past 52 weeks, PSN has reached a high of $114.68, while it has fallen to a 52-week low of $59.90. The 50-Day Moving Average of the stock is -31.34%, while the 200-Day Moving Average is calculated to be -33.98%.
Shares Statistics:
A total of 106.20M shares are outstanding, with a floating share count of 105.17M. Insiders hold about 0.96% of the company’s shares, while institutions hold 100.66% stake in the company.
