6 analysts have shared their evaluations of Parsons PSN during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 4 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 3 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $116.5, a high estimate of $125.00, and a low estimate of $110.00. This current average has increased by 4.95% from the previous average price target of $111.00.
Exploring Analyst Ratings: An In-Depth Overview
A clear picture of Parsons's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Noah Poponak | Goldman Sachs | Raises | Buy | $111.00 | $103.00 |
| Tobey Sommer | Truist Securities | Lowers | Buy | $110.00 | $130.00 |
| Sangita Jain | Keybanc | Raises | Overweight | $122.00 | $116.00 |
| Andrew Wittmann | Baird | Raises | Outperform | $125.00 | $103.00 |
| Brian Gesuale | Raymond James | Maintains | Outperform | $115.00 | $115.00 |
| Sangita Jain | Keybanc | Raises | Overweight | $116.00 | $99.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Parsons. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Parsons compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Parsons's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Parsons's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Parsons analyst ratings.
Discovering Parsons: A Closer Look
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. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.
Financial Milestones: Parsons's Journey
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Parsons displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 27.6%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Parsons's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 3.97%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Parsons's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 3.18%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.35%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Parsons's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.6.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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