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Parsons (DE:59P)
STUTTGART:59P
Parsons (59P) Stock Price & Analysis
0 Followers
59P Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€39.80 - €78.50
Previous Close€72
Volume0.00
Average Volume (3M)58.00
Market Cap
€7.71B
Enterprise Value€8.40B
Total Cash (Recent Filing)$272.94M
Total Debt (Recent Filing)$922.02M
Price to Earnings (P/E)N/A
Beta0.22
Next Earnings
Jul 31, 2024EPS Estimate
€0.64Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. Volume58
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.54
Enterprise Value/Gross Profit6.96
Enterprise Value/Ebitda20.08
Forecast
1Y Price Target
€81.86Price Target Upside13.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Parsons News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRapid transformation drives 50% EPS growth since the new CEO's takeover with expectations for continued strong financial performance.
Growth CatalystWin rates grew from mid-40% in FY21 to >70% as PSN leans into core strengths, indicating a competitive edge and robust market demand.
Market ValuationAnalyst raises price target to $77, reflecting confidence in the company's valuation and its prospects for future growth.
Bears Say
Financial PerformanceThe CI margin has remained relatively low and inconsistent despite better performance in the second half.
Operational ChallengesMargin softness was primarily a result of a $20mn adjustment headwind on two separate programs.
Profitability ConcernsWhile growth is notable, margin expansion seems to be lagging expectations.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.76% Other Institutional Investors
99.24% Public Companies and
Individual Investors
59P FAQ
What was Parsons’s price range in the past 12 months?
Parsons lowest stock price was €39.80 and its highest was €78.50 in the past 12 months.
What is Parsons’s market cap?
Currently, no data Available
When is Parsons’s upcoming earnings report date?
Parsons’s upcoming earnings report date is Jul 31, 2024 which is in 86 days.
How were Parsons’s earnings last quarter?
Parsons released its earnings results on May 01, 2024. The company reported €0.653 earnings per share for the quarter, beating the consensus estimate of €0.585 by €0.068.
Is Parsons overvalued?
According to Wall Street analysts Parsons’s price is currently Undervalued.
Does Parsons pay dividends?
Parsons does not currently pay dividends.
What is Parsons’s EPS estimate?
Parsons’s EPS estimate is €0.64.
How many shares outstanding does Parsons have?
Currently, no data Available
What happened to Parsons’s price movement after its last earnings report?
Parsons reported an EPS of €0.653 in its last earnings report, beating expectations of €0.585. Following the earnings report the stock price went up 15.873%.
Which hedge fund is a major shareholder of Parsons?
Among the largest hedge funds holding Parsons’s share is Gotham Asset Management LLC. It holds Parsons’s shares valued at 988K.
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Parsons Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€81.86 (13.69% Upside)
€81.86 (13.69% Upside)
Blogger Sentiment
Bullish
DE:59P Sentiment 85%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
73.49%
12-Months-Change
Fundamentals
Return on Equity
1.34%
Trailing 12-Months
Asset Growth
19.80%
Trailing 12-Months
Company Description
Parsons
Parsons Corp. provides engineering, design, planning, and construction management services. It offers solutions for commercial, federal, transportation, and water resources. The company delivers engineering, construction, systems and resource integration, project and program management, and environmental services to customers. Its projects include airports, bridges, chemical demilitarization, dams, energy generation facilities, environmental remediation and restoration, homeland defense, hospitals, missile defense, pharmaceutical plants, ports, public works, rail systems, roads, schools and universities, water distribution, and wastewater treatment systems. The company was founded by Ralph Monroe Parsons on June 12, 1944 and is headquartered in Pasadena, CA.
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59P Company Deck
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59P Earnings Call
Q1 2024
0:00 / 0:00
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59P Stock 12 Months Forecast
Average Price Target
€81.86
▲(13.69% Upside)
Technical Analysis
Parsons
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Teledyne Technologies
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Leidos Holdings
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Honeywell International
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Lockheed Martin
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Best Analysts Covering 59P
1 Year
1 Year Success Rate
12/13 ratings generated profit
1 Year Average Return
+30.02%
reiterated a buy rating 5 days ago
Copying Bert Subin's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +30.02% per trade.
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