Market Momentum Report: Parsons Corp (PSN)’s Negative Close at 56.65

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The price of Parsons Corp (NYSE: PSN) closed at $56.65 in the last session, down -1.32% from day before closing price of $57.41. In other words, the price has decreased by -$1.32 from its previous closing price. On the day, 1.49 million shares were traded. PSN stock price reached its highest trading level at $57.27 during the session, while it also had its lowest trading level at $56.29.

Ratios:

We take a closer look at PSN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.37.

On February 21, 2025, TD Cowen Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $105.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 28 ’25 when McMahon Harry T. bought 8,064 shares for $58.30 per share. The transaction valued at 470,131 led to the insider holds 45,953 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSN now has a Market Capitalization of 6048916992 and an Enterprise Value of 7138173952. As of this moment, Parsons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.14, and their Forward P/E ratio for the next fiscal year is 13.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 1.057 whereas that against EBITDA is 12.889.

Stock Price History:

The Beta on a monthly basis for PSN is 0.68, which has changed by -0.3055045 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, PSN has reached a high of $114.68, while it has fallen to a 52-week low of $54.56. The 50-Day Moving Average of the stock is -25.67%, while the 200-Day Moving Average is calculated to be -36.17%.

Shares Statistics:

According to the various share statistics, PSN traded on average about 1.43M shares per day over the past 3-months and 1729280 shares per day over the past 10 days. A total of 106.78M shares are outstanding, with a floating share count of 105.65M. Insiders hold about 1.06% of the company’s shares, while institutions hold 100.32% stake in the company. Shares short for PSN as of 1740700800 were 6051065 with a Short Ratio of 4.23, compared to 1738281600 on 4616498. Therefore, it implies a Short% of Shares Outstanding of 6051065 and a Short% of Float of 11.48.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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