Parsons Corporation (PSN) on Focus After Raising In Today’s Session

The stock of Parsons Corporation (NYSE:PSN) is a huge mover today! The stock increased 4.40% or $1.55 during the last trading session, reaching $36.8. About 515,125 shares traded or 11.52% up from the average. Parsons Corporation (NYSE:PSN) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.
The move comes after 8 months positive chart setup for the $3.66 billion company. It was reported on Sep, 13 by Barchart.com. We have $38.27 PT which if reached, will make NYSE:PSN worth $146.36 million more.

Analysts await Parsons Corporation (NYSE:PSN) to report earnings on November, 12. PSN’s profit will be $32.81 million for 27.88 P/E if the $0.33 EPS becomes a reality. After $0.06 actual earnings per share reported by Parsons Corporation for the previous quarter, Wall Street now forecasts 450.00 % EPS growth.

Parsons Corporation (NYSE:PSN) Ratings Coverage

Among 3 analysts covering Parsons Corporation Common Stock (NYSE:PSN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Parsons Corporation Common Stock has $4300 highest and $3500 lowest target. $38.25’s average target is 3.94% above currents $36.8 stock price. Parsons Corporation Common Stock had 6 analyst reports since June 3, 2019 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Wednesday, August 28.

More notable recent Parsons Corporation (NYSE:PSN) news were published by: Streetinsider.com which released: “Parsons Corporation (PSN) Prices 18.52M Share IPO at $27/Sh – StreetInsider.com” on May 08, 2019, also Fool.com with their article: “Not Even an Activist Investor Can Improve GameStop’s Chances in Q2 – Motley Fool” published on September 05, 2019, Finance.Yahoo.com published: “Parsons Corp. to Host Earnings Call – Yahoo Finance” on June 16, 2019. More interesting news about Parsons Corporation (NYSE:PSN) were released by: Streetinsider.com and their article: “Parsons Corporation (PSN) Tops Q1 EPS by 44c, Revenues Beat – StreetInsider.com” published on June 18, 2019 as well as Fool.com‘s news article titled: “Better Buy: Sony Corp vs. Lenovo Group Ltd – Motley Fool” with publication date: August 28, 2019.

Parsons Corporation provides technology based solutions in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. The company has market cap of $3.66 billion. It operates in two divisions, Federal Solutions and Critical Infrastructure. It has a 30.54 P/E ratio. The firm offers cybersecurity software and engineering services, hardware prototyping, and other technical services to the U.S.

Parsons Corporation (NYSE:PSN) Ratings Chart

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