Parsons Corp Stock Price on September 4, 2024
| PSN Stock | USD 112.01 0.95 0.84% |
Below is the normalized historical share price chart for Parsons Corp extending back to May 08, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Parsons Corp stands at 112.01, as last reported on the 14th of November 2024, with the highest price reaching 114.19 and the lowest price hitting 111.98 during the day.
If you're considering investing in Parsons Stock, it is important to understand the factors that can impact its price. Parsons Corp appears to be very steady, given 3 months investment horizon. Parsons Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Parsons Corp, which you can use to evaluate the volatility of the company. Please evaluate Parsons Corp's Semi Deviation of 0.6604, risk adjusted performance of 0.1811, and Coefficient Of Variation of 430.2 to confirm if our risk estimates are consistent with your expectations.
As of the 14th of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Common Stock Shares Outstanding is likely to drop about 106.5 M. . At this time, Parsons Corp's Price Earnings Ratio is very stable compared to the past year. As of the 14th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.63, while Price To Sales Ratio is likely to drop 0.74. Parsons Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of May 2019 | 200 Day MA 86.2351 | 50 Day MA 104.198 | Beta 0.796 |
Parsons |
Sharpe Ratio = 0.2334
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Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Parsons Corp is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Parsons Corp by adding it to a well-diversified portfolio.
Price Book 5.1436 | Enterprise Value Ebitda 40.6053 | Price Sales 1.8425 | Shares Float 46.2 M | Wall Street Target Price 122.91 |
Parsons Corp Valuation on September 4, 2024
It is possible to determine the worth of Parsons Corp on a given historical date. On September 4, 2024 Parsons was worth 92.68 at the beginning of the trading date compared to the closed value of 93.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parsons Corp stock. Still, in general, we apply an absolute valuation method to find Parsons Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Parsons Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parsons Corp's related companies.
| Open | High | Low | Close | Volume | |
| 95.01 | 95.27 | 93.02 | 93.44 | 771,913 | |
09/04/2024 | 92.68 | 93.54 | 91.98 | 93.37 | 441,340 |
| 93.34 | 93.59 | 92.80 | 93.54 | 443,345 |
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Parsons Corp Trading Date Momentum on September 4, 2024
| On September 05 2024 Parsons Corp was traded for 93.54 at the closing time. Highest Parsons Corp's price during the trading hours was 93.59 and the lowest price during the day was 92.80 . The net volume was 443.3 K. The overall trading history on the 5th of September contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 0.18% . The trading delta at closing time to current price is 6.03% . |
Parsons Corp Fundamentals Correlations and Trends
By evaluating Parsons Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Parsons Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parsons financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parsons Corp Stock history
Parsons Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Parsons is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parsons Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Parsons Corp stock prices may prove useful in developing a viable investing in Parsons Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 115.1 M | 106.5 M | |
| Net Income Applicable To Common Shares | 111.2 M | 106.4 M |
Parsons Corp Quarterly Net Working Capital |
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Parsons Corp Stock Technical Analysis
Parsons Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Parsons Corp Period Price Range
Low | November 14, 2024
| High |
0.00 | 0.00 |
Parsons Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Parsons Corp November 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Parsons Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parsons Corp shares will generate the highest return on investment. By undertsting and applying Parsons Corp stock market strength indicators, traders can identify Parsons Corp entry and exit signals to maximize returns
Parsons Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parsons Corp's price direction in advance. Along with the technical and fundamental analysis of Parsons Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parsons to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1811 | |||
| Jensen Alpha | 0.204 | |||
| Total Risk Alpha | 0.0436 | |||
| Sortino Ratio | 0.1356 | |||
| Treynor Ratio | 0.5119 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parsons Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Parsons Stock, please use our How to Invest in Parsons Corp guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parsons Corp. If investors know Parsons will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parsons Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.554 | Earnings Share 0.69 | Revenue Per Share 61.431 | Quarterly Revenue Growth 0.276 | Return On Assets 0.0589 |
The market value of Parsons Corp is measured differently than its book value, which is the value of Parsons that is recorded on the company's balance sheet. Investors also form their own opinion of Parsons Corp's value that differs from its market value or its book value, called intrinsic value, which is Parsons Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parsons Corp's market value can be influenced by many factors that don't directly affect Parsons Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parsons Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parsons Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parsons Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.