The Analyst Landscape: 5 Takes On Parsons Corp

In the last three months, 5 analysts have published ratings on Parsons Corp PSN, offering a diverse range of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for Parsons Corp, revealing an average target of $74.0, a high estimate of $80.00, and a low estimate of $69.00. Marking an increase of 8.42%, the current average surpasses the previous average price target of $68.25.

Interpreting Analyst Ratings: A Closer Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive Parsons Corp. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Parsons Corp. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Parsons Corp compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Parsons Corp's stock. This examination reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Parsons Corp's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Parsons Corp analyst ratings.

About Parsons Corp

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.

Parsons Corp: Delving into Financials

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Parsons Corp's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 25.05%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Parsons Corp's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.34% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Parsons Corp's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.21%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Parsons Corp's ROA excels beyond industry benchmarks, reaching 1.03%. This signifies efficient management of assets and strong financial health.

Debt Management: Parsons Corp's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.46.

Analyst Ratings: What Are They?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.