The stock of Parsons Corp (NYSE: PSN) has increased by 0.68 when compared to last closing price of 102.90. Despite this, the company has experienced a 3.68% gain in its stock price over the last five trading sessions. https://feeds.newsfilecorp.com reported 2024-09-17 that Dur Doux Debuts Capsule at NYFW with Musical Guest Jack Gore at Walker Hotel September 17, 2024 1:43 PM EDT | Source: Agency 7 Inc. Mother / Daughter duo Cynthia and Najla Burt of Dur Doux showcased their SS25 Collection titled VISAGES DE FEMMES-an original artistic interpretation of the faces of women in their family-and the new DUR DOUX HOMME ‘CASA COTIERE’ Menswear for resort/vacation on Saturday, September 7, 3:00 PM at Walker Hotel Tribeca, Cortland Avenue.New York, New York–(Newsfile Corp. – September 17, 2024) – Returning to New York Fashion Week, Dur Doux, a luxury lifestyle brand known for its avant-garde approach to accessible fashion, presented their Spring/Summer 2025 Collection titled Visages De Femmes. Inspired by the unique facial features of the women in their family, this collection offered an artistic interpretation that was both personal and universally relatable. Visages de Femmes Collection, Courtesy of Dur DouxTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9095/223624_15db93e2e412b92d_002full.jpgThis season’s runway also unveiled the new men’s resort line, DUR DOUX HOMME ‘CASA COTIERE’, embodying the same spirit of luxury and relaxed sophistication Dur Doux is known for. The show was complimented by music from the up-and-coming hip-hop artist, Jack Gore, with his song “High Life” opening and closing the show. Yung Wylin, another hip hop artist was also in attendance to show support for his fellow artist and the Dur Doux men’s collection.Dur Doux, meaning “Hard, Soft” in French, reflected the brand’s philosophy of combining strength and femininity in fashion. Founded by Najla Burt, a Parsons graduate, and her mother, Cynthia Burt, the brand became renowned for its innovative use of textured fabrics, intricate details, and powerful yet feminine designs. Their creations drew inspiration from film, art, and their extensive travels.Yung Wylin and Jack Gore at the S/S ’25 Show, Courtesy of Alyssa LesterTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9095/223624_15db93e2e412b92d_003full.jpgThe SS25 Visages De Femmes collection featured a palette of rich tangerine, canary yellow, chartreuse, goldenrod, and natural greens. These colors brought to life the elegant and refined watercolor portraits at the heart of the collection. The lineup included a mix of relaxed yet sophisticated styles, from windswept, floor-length dresses and wrap skirts to silky backless minis and maxis. The collection also featured versatile pieces such as studded tunics, feather-trimmed tops, loungewear, beach cover-ups, shorts sets, and swimwear. Each piece reflected the modern femininity and tropical influences of the native Floridian designers. The 38-look collection was complemented by accessories from Sophie Blake NY and footwear by Blue Suede Studio.The debut of DUR DOUX HOMME ‘Casa Cotiere’ Capsule The Casa Cotiere men’s collection brought a sense of effortless sophistication to the men’s resort and vacation wardrobe. Designed for the modern bon vivant, this capsule emphasized comfort and style, blending vibrant patterns with timeless neutrals. Featuring relaxed linen shirts, short-sleeve button-ups, linen-cotton pants, hand-washable shorts, and swim trunks, the collection offered pieces that seamlessly transitioned from day to night. With its focus on ease and comfort, the Casa Cotiere line captured the essence of a perpetual vacation, making it a go-to for those who appreciated quality and understated elegance in their global travels.Dur Doux S/S ’25 Show, Courtesy of Archer PicturesTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9095/223624_15db93e2e412b92d_004full.jpg For those seeking to elevate their vacation style, Casa Cotiere offered a variety of tropical-inspired clothing, including eye-catching swim trunks and casually chic shirts. Each piece was designed with high-quality materials and clean lines, ensuring men looked effortlessly stylish whether on a beach or exploring a city.View the Collection HereView Show Images HereShow Program Dur DouxDur Doux is a love letter to confident femininity, dreamt up by a mother-daughter design duo, Najla and Cynthia Burt. Raised on the sun-kissed shores of Florida, their shared vision translates into ready-to-wear collections that capture the transformative power of nature’s beauty, artistic expression, and timeless design.Jack Gore Synonymous with talent and creativity, Jack Gore is a multi-talented artist known for his powerful voice and magnetic stage presence. As a hip-hop artist and musician, he has captivated audiences with his unique blend of hip-hop and alternative influences. His recent single, “HighLife,” has been making waves in the music industry, praised for its energetic beats, catchy hooks, and a message that resonates with listeners of all ages.Having already garnered significant attention at a young age, Jack is quickly becoming one of the most promising voices of his generation. His dynamic performances and fearless approach to music set him apart as an artist who is not afraid to push boundaries. Jack continues to redefine what it means to be a musician in today’s evolving music landscape, offering fans a bold and refreshing take on modern muse.Press InquiriesMandie Ericksonmandie@showroomseven.com676-479-0777To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223624 SOURCE: Agency 7 Inc. Learn more about Bill C-18 and how it will affect Canadian users when viewing news online.
Is It Worth Investing in Parsons Corp (NYSE: PSN) Right Now?
The price-to-earnings ratio for Parsons Corp (NYSE: PSN) is above average at 244.05x, Company’s 36-month beta value is 0.80.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 6 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for PSN is 105.19M, and currently, short sellers hold a 2.13% ratio of that floaft. The average trading volume of PSN on September 27, 2024 was 1.01M shares.
PSN’s Market Performance
The stock of Parsons Corp (PSN) has seen a 3.68% increase in the past week, with a 9.23% rise in the past month, and a 26.36% gain in the past quarter. The volatility ratio for the week is 1.81%, and the volatility levels for the past 30 days are at 2.04% for PSN. The simple moving average for the last 20 days is 7.08% for PSN stock, with a simple moving average of 31.47% for the last 200 days.
Analysts’ Opinion of PSN
Many brokerage firms have already submitted their reports for PSN stocks, with TD Cowen repeating the rating for PSN by listing it as a “Buy.” The predicted price for PSN in the upcoming period, according to TD Cowen is $90 based on the research report published on May 03, 2024 of the current year 2024.
Raymond James, on the other hand, stated in their research note that they expect to see PSN reach a price target of $95, previously predicting the price at $82. The rating they have provided for PSN stocks is “Strong Buy” according to the report published on May 01st, 2024.
Robert W. Baird gave a rating of “Outperform” to PSN, setting the target price at $75 in the report published on January 16th of the current year.
PSN Trading at 13.64% from the 50-Day Moving Average
After a stumble in the market that brought PSN to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.63% of gains for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 1.81%, as shares surge +9.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.51% upper at present.
During the last 5 trading sessions, PSN rose by +3.68%, which changed the moving average for the period of 200-days by +64.55% in comparison to the 20-day moving average, which settled at $97.22. In addition, Parsons Corp saw 65.20% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PSN
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.22 for the gross margin
The net margin for Parsons Corp stands at 0.01. The total capital return value is set at 0.1. Equity return is now at value 2.50, with 1.11 for asset returns.
Based on Parsons Corp (PSN), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 14.74.
Currently, EBITDA for the company is 415.52 million with net debt to EBITDA at 1.86. When we switch over and look at the enterprise to sales, we see a ratio of 1.94. The receivables turnover for the company is 3.31for trailing twelve months and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
In a nutshell, Parsons Corp (PSN) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
