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.

The Critical Infrastructure segment offers integrated design and engineering services for complex physical and digital infrastructure around the globe. The company was founded by Ralph Monroe Parsons on June 12, 1944 and is headquartered in Centreville, VA. Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. 8 Wall Street analysts have issued «buy,» «hold,» and «sell» ratings for Parsons in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock.

Parsons (NYSE: PSN)

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• 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…
• There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
• Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.
• Parsons’ stock is owned by a variety of institutional and retail investors.

© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. According to 9 analysts, the average rating for PSN stock is «Buy.» The 12-month stock price forecast is $54.75, which is a decrease of -1.78% from the latest price. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

PSN

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 meaning of industrial goods 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.

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• Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally.
• 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.
• 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…

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 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.

Jacobs (J) Wins $28M Florida Turnpike ITS Management Contract

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. Department of Defense, including military services; Missile Defense Agency, the Department of Energy; the Department of State; the Department of Homeland Security, and the Federal Aviation Administration.

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…

Financial Performance

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.

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.

Research & Ratings Parsons Corp.(PSN)

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.

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 https://1investing.in/ 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…

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. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.

Stifel Nicolaus Sticks to Their Buy Rating for Parsons (PSN)

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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.