|Bid||32.14 x 800|
|Ask||40.00 x 800|
|Day's Range||32.76 - 33.47|
|52 Week Range||24.67 - 45.40|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||36.89|
|Earnings Date||Nov 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.00|
Parsons Corporation (NYSE:PSN) announced today that it has completed its previously announced acquisition of Braxton Science & Technology Group, LLC (Braxton) and its subsidiaries in a deal valued at $300 million ($258 million less the tax asset). The transaction is consistent with Parsons' strategy of acquiring high-growth defense and intelligence companies with software and hardware intellectual property that enhance its technology and transactional revenue growth and margin profile.
Parsons Corporation (NYSE: PSN) announced today that the company has been selected to provide program management for the City and County of Denver's Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) Connected Vehicle (CV) project. The company will oversee the data integration of Internet of Things devices at intersections and in city vehicles such as snowplows, improving situational awareness for drivers and operators of the Traffic Management Center (TMC).
Parsons Corporation (NYSE: PSN) announced today that the company was recognized with a Gold Award for Infrastructure by the Canadian Council for Public-Private Partnerships. The award honors outstanding achievements in public-private partnerships (P3s) for Parsons' work as part of the Regina Bypass partner team.