Parsons Corp (NYSE: PSN) is -36.72% lower on its value in year-to-date trading and has touched a low of $54.56 and a high of $114.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PSN stock was last observed hovering at around $57.51 in the last trading session, with the day’s gains setting it 0.87%.
Currently trading at $58.38, the stock is -12.61% and -27.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.97 million and changing 1.51% at the moment leaves the stock -34.64% off its SMA200. PSN registered -27.77% loss for a year compared to 6-month loss of -38.84%.
The stock witnessed a -24.53% gain in the last 1 month and extending the period to 3 months gives it a -39.13%, and is -1.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.97% over the week and 4.23% over the month.
Parsons Corp (PSN) has around 13600 employees, a market worth around $6.23B and $6.75B in sales. Current P/E ratio is 27.97 and Fwd P/E is 14.18. Profit margin for the company is 3.48%. Distance from 52-week low is 7.00% and -49.09% from its 52-week high. The company has generated returns on investments over the last 12 months (7.08%).
The EPS is expected to grow by 14.76% this year
The shares outstanding are 106.78M, and float is at 105.19M with Short Float at 5.37%.
The top institutional shareholder in the company is NEWPORT TRUST CO with over 56.26 million shares valued at $4.6 billion. The investor’s holdings represent 52.9252 of the PSN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.37 million shares valued at $357.14 million to account for 4.117 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 3.58 million shares representing 3.3634 and valued at over $292.5 million, while UBS GROUP AG holds 2.21 of the shares totaling 2.34 million with a market value of $191.71 million.
Parsons Corp (PSN) Insider Activity
A total of 0 insider transactions have happened at Parsons Corp (PSN) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by McMahon Harry T., the company’s Director. SEC filings show that McMahon Harry T. bought 8,064 shares of the company’s common stock on Feb 28 ’25 at a price of $58.30 per share for a total of $0.47 million. Following the purchase, the insider now owns 45953.0 shares.
Parsons Corp (PSN): Who are the competitors?
One of the company’s main competitors (and peers) include RTX Corp. (RTX) that is trading 43.63% up over the past 12 months.Lockheed Martin Corp. (LMT) lies in the list of competitors of the Parsons Corp and is 6.21% higher over the same period from PSNNorthrop Grumman Corp. (NOC) is 2.85% up on the 1-year trading charts.
