Parsons Corp (NYSE: PSN) has seen a decline in its stock price by -4.63 in relation to its previous close of 94.86. However, the company has experienced a -5.16% decline in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-23 that CHANTILLY, Va., Jan. 23, 2025 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract for a one-year option period on a confidential program in January 2025. This contract was noted as pending during the company’s third quarter 2024 earnings conference call.
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 138.12x, Company’s 36-month beta value is 0.74.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for PSN is 105.19M, and currently, short sellers hold a 2.83% ratio of that floaft. The average trading volume of PSN on January 23, 2025 was 896.63K shares.
PSN’s Market Performance
PSN’s stock has seen a -5.16% decrease for the week, with a -4.87% drop in the past month and a -15.79% fall in the past quarter. The volatility ratio for the week is 2.09%, and the volatility levels for the past 30 days are at 2.31% for Parsons Corp The simple moving average for the past 20 days is -2.97% for PSN’s stock, with a -0.02% simple moving average for the past 200 days.
Analysts’ Opinion of PSN
Goldman gave a rating of “Buy” to PSN, setting the target price at $111 in the report published on December 12th of the previous year.
PSN Trading at -6.32% 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 unable to rebound, for now settling with -21.11% of loss for the given period.
Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 2.09%, as shares sank -6.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.19% lower at present.
During the last 5 trading sessions, PSN fell by -6.59%, which changed the moving average for the period of 200-days by +5.72% in comparison to the 20-day moving average, which settled at $93.17. In addition, Parsons Corp saw -1.93% in overturn over a single year, with a tendency to cut further losses.
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 0.11. Equity return is now at value 3.51, with 1.55 for asset returns.
Based on Parsons Corp (PSN), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 0.6. The interest coverage ratio of the stock is 8.77.
Currently, EBITDA for the company is 415.52 million with net debt to EBITDA at 2.7. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 3.57for trailing twelve months and the total asset turnover is 1.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.
Conclusion
In a nutshell, Parsons Corp (PSN) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
