More value-oriented stocks tend to represent financial services, utilities, and energy stocks. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
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Stifel resumes coverage of Parsons with buy rating, $43 target price
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. One share of PSN stock can currently be purchased for approximately $55.54. Parsons’ stock is owned by a variety of institutional and retail investors. Insiders that own company stock include Carey A Smith, George L Ball, Harry T Mcmahon and Michael Richard Kolloway. The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
- (PSN) raised $500 million in an initial public offering on Wednesday, May 8th 2019.
- The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
- The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
- These returns cover a period from January 1, 1988 through July 31, 2023.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. On average, they predict cio salary in india the company’s share price to reach $54.11 in the next year. View analysts price targets for PSN or view top-rated stocks among Wall Street analysts. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
Parsons Return vs. S&P
Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Provides a general description of the business conducted by this company. A thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart. The Barchart Technical Opinion rating is a 88% Buy with a Average short term outlook on maintaining the current direction. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia. Parsons Corp. engages in the provision of engineering, design, planning, and construction management services. It offers solutions for commercial, federal, transportation, and water resources. It delivers engineering, construction, systems and resource integration, project and program management, and environmental services to customers. It operates through the Federal Solutions and Critical Infrastructure segments.
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that https://1investing.in/ are the best fit for his or her personal trading style. (PSN) raised $500 million in an initial public offering on Wednesday, May 8th 2019.
The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Parsons and its competitors with MarketBeat’s FREE daily newsletter. Compare
PSN’s historical performance
against its industry peers and the overall market.
The company issued 18,500,000 shares at a price of $26.00-$28.00 per share. Goldman Sachs, BofA Merrill Lynch and Morgan Stanley acted as the underwriters for the IPO and Jefferies, Wells Fargo Securities, Cowen, SunTrust Robinson Humphrey, MUFG and Scotiabank were co-managers. Since then, PSN stock has increased by 20.1% and is now trading at $55.54. Q Financial Highlights Record quarterly revenue of $1.2 billion, representing a 24% increase year-over-year Record quarterly organic revenue growth of 12% driven by strength in both segments Rec… Q Financial Highlights Record revenue of $1.4 billion increases 34% year-over-year Record organic revenue growth of 23% driven by record organic growth in both segments Significant second quarte…
After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Defense technology company Parsons Corp. set terms for its planned initial public offering on Monday, saying it plans to offer 18.5 million shares priced at $26 to $28 each. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Insiders in many companies have been furiously dumping stock over the last month, but there are exceptions.
Our Quantitative Research team models direct competitors or comparable companies
from a bottom-up perspective to find companies describing their business in a
Parsons issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company issued revenue guidance of $4.85 billion-$5.05 billion, compared to the consensus revenue estimate of $4.65 billion. CENTREVILLE, Va., April 25, 2023 (GLOBE NEWSWIRE) — Parsons Corporation, a leader in national security and global infrastructure, announced today that the company has been listed on Forbes’ Best Empl…
- That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
- Parsons Corp. engages in the provision of engineering, design, planning, and construction management services.
- The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
- Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. As an investor, you want to buy stocks with the highest probability of success.
The consensus among Wall Street analysts is that investors should “moderate buy” PSN shares. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.