The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Parsons (PSN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Parsons is one of 315 individual stocks in the Business Services secto ...

Parsons is a global leader in critical infrastructure excellence, with a portfolio that includes more than 10,000 miles of road and highway projects around the world. Parsons delivers complex interchanges, tolling and integrated corridor management through both traditional and integrated delivery methods. Media Contact: Bernadette Miller +1 980.253.9781 Bernadette.Miller@parsons.com CHANTILLY, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selecte ...

CHANTILLY, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Indiana Department of Transportation (INDOT) for continued support of the I-69 Ohio River Crossing (ORX) project. The five-year, $26 million contract was expanded to include design oversight and construction inspection services for I-69 ORX Section 3, which stretches from the Veterans Memorial Parkway to the Indiana state line near the Ohio River. "Our team has contributed t ...

CHANTILLY, Va., July 24, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), a leader in infrastructure, defense, security, transportation, and engineering is proud to announce its readiness to meet the growing demand for infrastructure deployment for global events. With a rich decades-long history of delivering complex global solutions for critical events, Parsons is uniquely positioned to provide the necessary expertise, innovative solutions, and integrated security solutions for the successful execu ...

Parsons and Veralto are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. Investors should feel comfortable knowing that PSN likely has seen a stronger improvement to its earnings outlook than VLTO has recently. But this is only part of the picture for value investors. PSN currently has a forward P/E ratio of 26.88, while VLTO has a forward P/E of 28.80. We also note that PSN has a PEG ratio of 2.08. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also c ...

This software and infrastructure services provider has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 11.21%. For Parsons, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. ...

Media Investor Relations Bernadette Miller Dave Spille Parsons Corporation Parsons Corporation +1 980.253.9781 +1 703.775.6191 Bernadette.Miller@parsons.com Dave.Spille@Parsons.com Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit Parsons.com and ...

Media Investor Relations Bernadette Miller Dave Spille Parsons Corporation Parsons Corporation +1 980.253.9781 +1 703.775.6191 Bernadette.Miller@parsons.com Dave.Spille@Parsons.com Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (https://investors.parsons.com). Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here. A replay will be available on the company's we ...

Additionally, the construction of new data centers is lagging behind the rapid growth in AI demand. This means that existing GPU facilities, like those owned by Riot, could soon be highly sought after. In the meantime, investors can appreciate Riot's dual exposure to the crypto market, which saw a 40% surge in Bitcoin over the past six months, and its potential future in AI energy solutions. Riot Platforms (RIOT) Riot established a revenue stream by selling unused energy back to local municipalities and uti ...

The Cemetery Brook Drain Tunnel is the centerpiece of Phase II in Manchester's more than $338 million investment to address CSOs and improve Merrimack River water quality. The new drainage system will include a two-mile long, 12-foot inside diameter tunnel, constructed 30 to 80 feet below ground with seven drop shafts along its length to receive flows. The city will also leverage the project to upgrade utilities, rebuild roads, add curbing, sidewalks, crosswalks, bike lanes, and other amenities. About Parso ...