NYSE:PSNProfessional Services
Is Parsons (PSN) Fairly Priced After Mixed Returns And Government Contract Momentum
If you are wondering whether Parsons is offering fair value right now, you are not alone. Many investors are trying to work out what a reasonable price looks like for this stock.
Parsons recently closed at US$69.44, with returns of 5.6% over the last 30 days, 11.6% year to date, a 9.7% decline over 1 year, and gains of 52.8% over 3 years and 76.0% over 5 years. Taken together, this gives a mixed picture of recent and longer term performance.
Recent news around Parsons has focused on its...