Parsons Corp (PSN) concluded trading on Wednesday at a closing price of $65.08, with 5.19 million shares of worth about $337.86 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -30.10% during that period and on February 19, 2025 the price saw a loss of about -11.46%. Currently the company’s common shares owned by public are about 106.20M shares, out of which, 105.17M shares are available for trading.
Stock saw a price change of -15.30% in past 5 days and over the past one month there was a price change of -31.66%. Year-to-date (YTD), PSN shares are showing a performance of -29.45% which decreased to -12.49% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $72.12 but also hit the highest price of $114.68 during that period. The average intraday trading volume for Parsons Corp shares is 1.09 million. The stock is currently trading -17.10% below its 20-day simple moving average (SMA20), while that difference is down -26.18% for SMA50 and it goes to -27.91% lower than SMA200.
Parsons Corp (NYSE: PSN) currently have 106.20M outstanding shares and institutions hold larger chunk of about 100.61% of that.
The stock has a current market capitalization of $6.91B and its 3Y-monthly beta is at 0.73. PE ratio of stock for trailing 12 months is 99.36, while it has posted earnings per share of $0.66 in the same period. It has Quick Ratio of 1.55 while making debt-to-equity ratio of 0.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PSN, volatility over the week remained 4.61% while standing at 3.79% over the month.
Stock’s fiscal year EPS is expected to rise by 20.97% while it is estimated to increase by 9.03% in next year.
On January 02, 2025, Raymond James Downgrade their recommendations, while on December 12, 2024, Goldman Upgrade their ratings for the stock with a price target of $111. Stock get an Outperform rating from Raymond James on October 23, 2024.
