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Parsons (DE:59P)
FRANKFURT:59P
Holding DE:59P?
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59P Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€51.00 - €88.00
Previous Close€88
Volume110.00
Average Volume (3M)217.00
Market Cap
€9.36B
Enterprise Value€10.24B
Total Cash (Recent Filing)$528.46M
Total Debt (Recent Filing)$1.40B
Price to Earnings (P/E)―
Beta0.06
Next Earnings
Oct 30, 2024EPS Estimate
€0.72Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding106,185,132
10 Day Avg. Volume54
30 Day Avg. Volume217
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)4.21
Price to Sales (P/S)1.70
Price to Cash Flow (P/CF)16.20
P/FCF Ratio16.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.67
Enterprise Value/Gross Profit8.49
Enterprise Value/Ebitda35.57
Forecast
1Y Price Target
€93.35Price Target Upside6.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Parsons News
PremiumPress Releases
Parsons Corporation Named to S&P MidCap 400Bulls Say, Bears Say
Bulls Say
AcquisitionsThe acquisition of BlackSignal Technologies will expand PSN’s customer base across the DoD and Intelligence Community while strengthening the company’s positioning within offensive cyber operations and electronic warfare.
EarningsParsons reported its fifth consecutive quarter of over 20% organic growth, with double digit revenue growth across all four business units.
Financial PerformancePSN's strong balance sheet and free cash flow profile allow the company to make strategic internal investments and accretive acquisitions to support long-term growth and margin expansion.
Bears Say
ContractsCI has margin dilutive contracts set to roll off, but its forward landing spot is still unclear.
Financial PerformanceCompany guidance implies a top-line deceleration the remainder of the year.
MarginsMargins by segment were mixed as FS margin was strong and CI margin was soft.
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Options Prices
Currently, No data available
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Ownership Overview
1.24% Insiders
16.73% Mutual Funds
73.78% Other Institutional Investors
8.24% Public Companies and
Individual Investors
59P FAQ
What was Parsons’s price range in the past 12 months?
Parsons lowest stock price was €51.00 and its highest was €88.00 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 Oct 30, 2024 which is in 42 days.
How were Parsons’s earnings last quarter?
Parsons released its earnings results on Jul 31, 2024. The company reported €0.758 earnings per share for the quarter, beating the consensus estimate of €0.644 by €0.114.
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 €0.72.
How many shares outstanding does Parsons have?
Parsons has 106,185,135 shares outstanding.
What happened to Parsons’s price movement after its last earnings report?
Parsons reported an EPS of €0.758 in its last earnings report, beating expectations of €0.644. Following the earnings report the stock price went up 9.091%.
Which hedge fund is a major shareholder of Parsons?
Among the largest hedge funds holding Parsons’s share is Driehaus Capital Management LLC. It holds Parsons’s shares valued at 29M.
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Parsons Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
€93.35 (6.08% Upside)
€93.35 (6.08% Upside)
Blogger Sentiment
Bullish
DE:59P Sentiment 66%
Sector Average 66%
Sector Average 66%
Technicals
SMA
Positive
20 days / 200 days
Momentum
76.85%
12-Months-Change
Fundamentals
Return on Equity
2.50%
Trailing 12-Months
Asset Growth
16.22%
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
Q2 2024
0:00 / 0:00
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59P Stock 12 Month Forecast
Average Price Target
€93.35
▲(6.08% Upside)
Technical Analysis
Parsons
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Caci International
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Leidos Holdings
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Science Applications
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Lockheed Martin
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Best Analysts Covering 59P
1 Year
1 Year Success Rate
15/15 ratings generated profit
1 Year Average Return
+35.81%
reiterated a buy rating 2 months ago
Copying Bert Subin's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +35.81% per trade.
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