Parsons (PSN)
(Real Time Quote from BATS)
$92.44 USD
+0.79 (0.86%)
Updated Aug 9, 2024 02:24 PM ET
2-Buy of 5 2
C Value B Growth B Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
PSN 92.44 +0.79(0.86%)
Will PSN be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for PSN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PSN
Parsons (PSN) is an Incredible Growth Stock: 3 Reasons Why
Parsons Corporation (PSN) Hits Fresh High: Is There Still Room to Run?
PSN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Surging Earnings Estimates Signal Upside for Parsons (PSN) Stock
Parsons (PSN) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Parsons (PSN) Beats Q2 Earnings and Revenue Estimates
Other News for PSN
Parsons management to meet with KeyBanc
Persimmon Forecast: Strong Sales and Strategic Expansion Secure Buy Rating
LONDON MARKET MIDDAY: Europe falls as nervy mood prevails
TOP NEWS: Persimmon eyes annual growth as first half revenue jumps 11%
LONDON BRIEFING: London set to give up Wednesday's gains