Value Investing Philosophy And Parsons Corp (NYSE: PSN)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Parsons Completes Holistic PFAS Investigation, Sampling and Remediation Project for Fortune 100 Industrial Leader.

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Stocks Info

PSN belongs to the Technology sector of the NYSE while operating in the Information Technology Services industry. The current market capitalization of Parsons Corp is $6.87B. A total of 0.48 million shares were traded on the day, compared to an average of 632.33K shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PSN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 24 BUYs and 3 SELLs from insiders. Insiders purchased 154,143 shares during that period but sold 17,469.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PSN has a high of $67.12 and a low of $40.61.

As of this writing, PSN has an earnings estimate of $0.63 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.76 per share and a lower estimate of $0.49. The company reported an EPS of $0.63 in the last quarter, which was 23.50% higher than expectations of $0.51.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PSN’s latest balance sheet shows that the firm has $342.61M in Cash & Short Term Investments as of fiscal 2021. There were $799.14M in debt and $1.03B in liabilities at the time. Its Book Value Per Share was $20.71, while its Total Shareholder’s Equity was $1.94B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PSN is Buy with a score of 4.55.

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