NYSE:PSN Parsons (PSN) Stock Forecast, Price & News $54.35 -0.24 (-0.44%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$54.22▼$54.7950-Day Range$47.31▼$57.2052-Week Range$39.16▼$57.49Volume928,377 shsAverage Volume677,653 shsMarket Capitalization$5.70 billionP/E Ratio48.10Dividend YieldN/APrice Target$54.11 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Parsons MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside0.4% Downside$54.11 Price TargetShort InterestBearish2.79% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.08Based on 35 Articles This WeekInsider TradingN/AProj. Earnings Growth16.18%From $2.04 to $2.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.57 out of 5 starsBusiness Services Sector285th out of 321 stocksComputer Integrated Systems Design Industry36th out of 38 stocks 1.3 Analyst's Opinion Consensus RatingParsons has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $54.11, Parsons has a forecasted downside of 0.4% from its current price of $54.35.Amount of Analyst CoverageParsons has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.79% of the outstanding shares of Parsons have been sold short.Short Interest Ratio / Days to CoverParsons has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Parsons has recently increased by 3.90%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldParsons does not currently pay a dividend.Dividend GrowthParsons does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PSN. Previous Next 1.7 News and Social Media Coverage News SentimentParsons has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 35 news articles for Parsons this week, compared to 9 articles on an average week.Search InterestOnly 2 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Parsons insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.94% of the stock of Parsons is held by insiders.Percentage Held by Institutions98.19% of the stock of Parsons is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Parsons are expected to grow by 16.18% in the coming year, from $2.04 to $2.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parsons is 48.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 106.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 48.10, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.99.Price to Earnings Growth RatioParsons has a PEG Ratio of 2.04. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsons has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Parsons (NYSE:PSN) StockParsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cybersecurity; missile defense technical solutions; C5ISR; space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; nuclear and chemical waste remediation; border security and critical infrastructure protection; counter unmanned air systems; and biometrics and biosurveillance solutions to U.S. Department of Defense, including military services; Missile Defense Agency, the Department of Energy; the Department of State; the Department of Homeland Security, and the Federal Aviation Administration. Further, it provides integrated traffic solutions for arterials, smart intersections, airport landside, ports, and tolling integrators; systems optimization, communications-based train control, rail system design and system assurance services; engineering, program management, and environmental solutions to private sector industrial clients and public utilities; digital transformation, advisory services, AI/ML, and digital twin and cyber services; planning, engineering, and management services for infrastructure, including bridges and tunnels, roads and highways, water and wastewater, and dams and reservoirs. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.Read More PSN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PSN Stock News HeadlinesSeptember 29, 2023 | msn.com'Zeke's Coming for Me!' Micah Parsons Previews Dallas Cowboys vs. Patriots Ezekiel Elliott ReunionSeptember 29, 2023 | msn.comMicah Parsons to New York Jets: Stick with Zach Wilson - Dallas Cowboys NFL TrackerOctober 1, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.September 29, 2023 | nytimes.comThe Legend of Gram Parsons, in 12 SongsSeptember 29, 2023 | msn.comMicah Parsons’ ‘guarantee’ for Patriots clash after Cowboys’ Week 3 loss to CardinalsSeptember 28, 2023 | nytimes.comEnough About Gram Parsons’s Death. It’s Time to Celebrate His Music.September 28, 2023 | dallasnews.comCowboys’ Micah Parsons named NFC Defensive Player of the MonthSeptember 28, 2023 | msn.comMicah Parsons named NFC defensive player of the monthOctober 1, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.September 28, 2023 | yahoo.comCowboys coach on Micah Parsons winning Defensive Player of the Month: ‘Rightfully deserved’September 28, 2023 | ftw.usatoday.comNFL Defensive Player of the Year odds tracker: Micah Parsons, TJ Watt remain at the top after Week 3September 28, 2023 | msn.com'I Shed Tears!' Micah Parsons Wonders: Did Dallas Cowboys Trevon Diggs Heartbreak Lead to Loss?September 28, 2023 | bbc.comRyder Cup 2023: Brian Harman's County Down man coach Justin Parsons wearing USA colours in RomeSeptember 28, 2023 | msn.comDoes Dallas Cowboys' Micah Parsons Compare to Lawrence Taylor? Patriots' Bill Belichick's Stunning AnswerSeptember 28, 2023 | msn.comCowboys LB Micah Parsons named NFC Defensive Player of the MonthSeptember 27, 2023 | msn.comMicah Parsons Builds Hype for Upcoming First Matchup Against Ezekiel ElliottSeptember 27, 2023 | msn.comCowboys' Mike McCarthy weighs in on Micah Parsons-Lawrence Taylor comparisons: 'It's a huge compliment'September 27, 2023 | msn.comBill Belichick shuts down Micah Parsons-Lawrence Taylor comparisonsSeptember 27, 2023 | msn.comBill Belichick on Micah Parsons-Lawrence Taylor comparisons: 'I wouldn't put anybody ahead of Lawrence Taylor'September 27, 2023 | nypost.comBill Belichick: Cowboys’ Micah Parsons is no Lawrence TaylorSeptember 27, 2023 | msn.comBill Belichick on Micah Parsons: I wouldn’t put anybody ahead of Lawrence Taylor, periodSeptember 26, 2023 | msn.comJosh Dobbs Buries Micah Parsons With Brilliant Troll After Pregame Shots Fired, Cowboys LossSeptember 26, 2023 | msn.comDallas Cowboys' Micah Parsons Savagely Trolled by Cardinals QB Josh DobbsSeptember 26, 2023 | msn.comCowboys' Micah Parsons offers 'challenge' to other NFL players after Taylor Swift shows up for Chiefs gameSeptember 26, 2023 | finance.yahoo.comSealingTech Unveils New 1U and 2U Portable Edge Servers That Redefine High-Performance ComputingSeptember 26, 2023 | dallasnews.comCowboys’ Micah Parsons on Travis Kelce-Taylor Swift pairing: ‘The NFL, we up right now’September 26, 2023 | msn.comMicah Parsons joked that other players should shoot their shot after Travis Kelce successfully wooed Taylor SwiftSee More Headlines Receive PSN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Parsons and its competitors with MarketBeat's FREE daily newsletter. Email Address PSN Company Calendar Last Earnings8/02/2023Today10/01/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer integrated systems design Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:PSN CUSIPN/A CIK275880 Webwww.parsons.com Phone(703) 988-8500FaxN/AEmployees17,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$54.11 High Stock Price Forecast$66.00 Low Stock Price Forecast$39.00 Forecasted Upside/Downside-0.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.13 Trailing P/E Ratio48.10 Forward P/E Ratio26.64 P/E Growth2.05Net Income$96.66 million Net Margins2.65% Pretax Margin4.67% Return on Equity9.11% Return on Assets4.49% Debt Debt-to-Equity Ratio0.34 Current Ratio1.53 Quick Ratio1.53 Sales & Book Value Annual Sales$4.20 billion Price / Sales1.36 Cash Flow$2.83 per share Price / Cash Flow19.20 Book Value$20.25 per share Price / Book2.68Miscellaneous Outstanding Shares104,890,000Free Float103,899,000Market Cap$5.70 billion OptionableNot Optionable Beta0.80 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMs. Carey A. Smith (Age 59)Pres, CEO & Chairwoman Comp: $2.23MMr. Matthew OfilosChief Financial OfficerMr. Michael R. Kolloway (Age 62)Chief Legal Officer & Sec. Comp: $1.01MMs. Susan M. Balaguer (Age 54)Chief HR Officer Comp: $821.7kMs. Wendy Van WickleChief Bus. Operations OfficerMr. Ricardo LorenzoChief Technology OfficerMr. Scott CarlChief Information OfficerMr. David SpilleVP of Investor RelationsMr. Jason YaleyChief Communications OfficerMr. Pierre SantoniPres of Infrastructure EMEAMore ExecutivesKey CompetitorsAurora InnovationNASDAQ:AURKyndrylNYSE:KDDLocalNASDAQ:DLOAffirmNASDAQ:AFRMAPi GroupNYSE:APGView All CompetitorsInstitutional OwnershipWestern Wealth Management LLCSold 9,753 shares on 8/30/2023Ownership: 0.010%California State Teachers Retirement SystemBought 6,250 shares on 8/21/2023Ownership: 0.048%Osaic Holdings Inc.Bought 25,774 shares on 8/21/2023Ownership: 0.047%Legato Capital Management LLCBought 11,707 shares on 8/18/2023Ownership: 0.016%Castleark Management LLCBought 129,760 shares on 8/16/2023Ownership: 0.124%View All Institutional Transactions PSN Stock - Frequently Asked Questions Should I buy or sell Parsons stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsons in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PSN shares. View PSN analyst ratings or view top-rated stocks. What is Parsons' stock price forecast for 2023? 8 analysts have issued twelve-month target prices for Parsons' stock. Their PSN share price forecasts range from $39.00 to $66.00. On average, they expect the company's share price to reach $54.11 in the next twelve months. This suggests that the stock has a possible downside of 0.4%. View analysts price targets for PSN or view top-rated stocks among Wall Street analysts. How have PSN shares performed in 2023? Parsons' stock was trading at $46.25 at the beginning of 2023. Since then, PSN stock has increased by 17.5% and is now trading at $54.35. View the best growth stocks for 2023 here. When is Parsons' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our PSN earnings forecast. How were Parsons' earnings last quarter? Parsons Co. (NYSE:PSN) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.12. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.12 billion. Parsons had a net margin of 2.65% and a trailing twelve-month return on equity of 9.11%. What ETFs hold Parsons' stock? ETFs with the largest weight of Parsons (NYSE:PSN) stock in their portfolio include SPDR S&P Aerospace & Defense ETF (XAR), SPDR S&P Kensho Intelligent Structures ETF (SIMS), ETFMG Prime Cyber Security ETF (HACK), First Trust Indxx Aerospace & Defense ETF (MISL), SPDR Kensho Future Security ETF (FITE), iShares U.S. Aerospace & Defense ETF (ITA), VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and Invesco Aerospace & Defense ETF (PPA). What guidance has Parsons issued on next quarter's earnings? Parsons issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.85 billion-$5.05 billion, compared to the consensus revenue estimate of $4.65 billion. What other stocks do shareholders of Parsons own? Based on aggregate information from My MarketBeat watchlists, some companies that other Parsons investors own include NVIDIA (NVDA), Block (SQ), Cisco Systems (CSCO), Alibaba Group (BABA), Boeing (BA), Walt Disney (DIS), Marvell Technology (MRVL), AbbVie (ABBV), Advanced Micro Devices (AMD) and Baidu (BIDU). When did Parsons IPO? (PSN) raised $500 million in an initial public offering on Wednesday, May 8th 2019. The company issued 18,500,000 shares at $26.00-$28.00 per share. Goldman Sachs, BofA Merrill Lynch and Morgan Stanley acted as the underwriters for the IPO and Jefferies, Wells Fargo Securities, Cowen, SunTrust Robinson Humphrey, MUFG and Scotiabank were co-managers. What is Parsons' stock symbol? Parsons trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSN." How do I buy shares of Parsons? Shares of PSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Parsons' stock price today? One share of PSN stock can currently be purchased for approximately $54.35. How much money does Parsons make? Parsons (NYSE:PSN) has a market capitalization of $5.70 billion and generates $4.20 billion in revenue each year. The company earns $96.66 million in net income (profit) each year or $1.13 on an earnings per share basis. How many employees does Parsons have? The company employs 17,000 workers across the globe. How can I contact Parsons? Parsons' mailing address is 5875 TRINITY PKWY SUITE 300, CENTREVILLE VA, 20120. The official website for the company is www.parsons.com. The company can be reached via phone at (703) 988-8500 or via email at dave.spille@parsons.com. This page (NYSE:PSN) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Parsons Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.