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NYSE:PSN

Parsons (PSN) Stock Forecast, Price & News

$54.45
+0.10 (+0.18%)
(As of 04:30 PM ET)
Compare
Today's Range
$54.22
▼
$54.79
50-Day Range
$47.31
▼
$57.20
52-Week Range
$39.50
▼
$57.49
Volume
460,046 shs
Average Volume
511,600 shs
Market Capitalization
$5.71 billion
P/E Ratio
48.19
Dividend Yield
N/A
Price Target
$54.11
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Parsons MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.7% Downside
$54.11 Price Target
Short Interest
Bearish
2.79% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.06mentions of Parsons in the last 14 days
Based on 36 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.18%
From $2.04 to $2.37 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.50 out of 5 stars

Business Services Sector

282nd out of 317 stocks

Computer Integrated Systems Design Industry

35th out of 37 stocks

See Top Rated MarketRank™ Stocks Here

PSN stock logo

About Parsons (NYSE:PSN) Stock

Parsons 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.

PSN Price History

PSN Stock News Headlines

October 2, 2023 | msn.com
Cowboys’ Micah Parsons, Jerry Jones get 100% real on 49ers challenge in Week 5
October 1, 2023 | msn.com
Cowboys edge Micah Parsons leaves game with leg injury
October 2, 2023 | Behind the Markets (Ad)
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
October 1, 2023 | msn.com
Dallas Cowboys CeeDee Lamb, Micah Parsons & '3 to Watch' vs. New England Patriots
October 1, 2023 | msn.com
Micah's '100 MPH!' Dallas Cowboys' Parsons Earns Patriots' Matthew Judon Respect
October 1, 2023 | news.yahoo.com
Why does Charles Woodson say Micah Parsons is doing too much?
September 29, 2023 | msn.com
'Zeke's Coming for Me!' Micah Parsons Previews Dallas Cowboys vs. Patriots Ezekiel Elliott Reunion
September 29, 2023 | msn.com
Micah Parsons to New York Jets: Stick with Zach Wilson - Dallas Cowboys NFL Tracker
October 2, 2023 | Behind the Markets (Ad)
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
September 29, 2023 | nytimes.com
The Legend of Gram Parsons, in 12 Songs
September 29, 2023 | msn.com
Micah Parsons’ ‘guarantee’ for Patriots clash after Cowboys’ Week 3 loss to Cardinals
September 28, 2023 | nytimes.com
Enough About Gram Parsons’s Death. It’s Time to Celebrate His Music.
September 28, 2023 | dallasnews.com
Cowboys’ Micah Parsons named NFC Defensive Player of the Month
September 28, 2023 | msn.com
Micah Parsons named NFC defensive player of the month
September 28, 2023 | yahoo.com
Cowboys coach on Micah Parsons winning Defensive Player of the Month: ‘Rightfully deserved’
September 28, 2023 | ftw.usatoday.com
NFL Defensive Player of the Year odds tracker: Micah Parsons, TJ Watt remain at the top after Week 3
September 28, 2023 | msn.com
'I Shed Tears!' Micah Parsons Wonders: Did Dallas Cowboys Trevon Diggs Heartbreak Lead to Loss?
September 28, 2023 | bbc.com
Ryder Cup 2023: Brian Harman's County Down man coach Justin Parsons wearing USA colours in Rome
September 28, 2023 | msn.com
Does Dallas Cowboys' Micah Parsons Compare to Lawrence Taylor? Patriots' Bill Belichick's Stunning Answer
September 28, 2023 | msn.com
Cowboys LB Micah Parsons named NFC Defensive Player of the Month
September 27, 2023 | msn.com
Micah Parsons Builds Hype for Upcoming First Matchup Against Ezekiel Elliott
September 27, 2023 | msn.com
Cowboys' Mike McCarthy weighs in on Micah Parsons-Lawrence Taylor comparisons: 'It's a huge compliment'
September 27, 2023 | msn.com
Bill Belichick shuts down Micah Parsons-Lawrence Taylor comparisons
September 27, 2023 | msn.com
Bill Belichick on Micah Parsons-Lawrence Taylor comparisons: 'I wouldn't put anybody ahead of Lawrence Taylor'
September 27, 2023 | nypost.com
Bill Belichick: Cowboys’ Micah Parsons is no Lawrence Taylor
September 27, 2023 | msn.com
Bill Belichick on Micah Parsons: I wouldn’t put anybody ahead of Lawrence Taylor, period
September 26, 2023 | msn.com
Josh Dobbs Buries Micah Parsons With Brilliant Troll After Pregame Shots Fired, Cowboys Loss
See More Headlines
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PSN Company Calendar

Last Earnings
8/02/2023
Today
10/02/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Computer integrated systems design
Sub-Industry
N/A
Sector
Business Services
Current Symbol
NYSE:PSN
CUSIP
N/A
CIK
275880
Web
www.parsons.com
Phone
(703) 988-8500
Fax
N/A
Employees
17,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$54.11
High Stock Price Forecast
$66.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
-0.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.13
Trailing P/E Ratio
48.22
Forward P/E Ratio
26.71
P/E Growth
2.04
Net Income
$96.66 million
Net Margins
2.65%
Pretax Margin
4.67%
Return on Equity
9.11%
Return on Assets
4.49%

Debt

Debt-to-Equity Ratio
0.34
Current Ratio
1.53
Quick Ratio
1.53

Sales & Book Value

Annual Sales
$4.20 billion
Price / Sales
1.36
Cash Flow
$2.85 per share
Price / Cash Flow
19.11
Book Value
$20.25 per share
Price / Book
2.69

Miscellaneous

Outstanding Shares
104,890,000
Free Float
103,899,000
Market Cap
$5.72 billion
Optionable
Not Optionable
Beta
0.81
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Key Executives

  • Ms. Carey A. SmithMs. Carey A. Smith (Age 59)
    Pres, CEO & Chairwoman
    Comp: $2.23M
  • Mr. Matthew Ofilos
    Chief Financial Officer
  • Mr. Michael R. KollowayMr. Michael R. Kolloway (Age 62)
    Chief Legal Officer & Sec.
    Comp: $1.01M
  • Ms. Susan M. Balaguer (Age 54)
    Chief HR Officer
    Comp: $821.7k
  • Ms. Wendy Van Wickle
    Chief Bus. Operations Officer
  • Mr. Ricardo Lorenzo
    Chief Technology Officer
  • Mr. Scott Carl
    Chief Information Officer
  • Mr. David Spille
    VP of Investor Relations
  • Mr. Jason Yaley
    Chief Communications Officer
  • Mr. Pierre Santoni
    Pres of Infrastructure EMEA

Key Competitors

View All Competitors

Institutional Ownership

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 1-year target prices for Parsons' stock. Their PSN share price forecasts range from $39.00 to $66.00. On average, they predict the company's share price to reach $54.11 in the next year. This suggests that the stock has a possible downside of 0.7%.
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 start of the year. Since then, PSN stock has increased by 17.8% and is now trading at $54.49.
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 earnings results on Wednesday, August, 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.12. The business had revenue of $1.36 billion for the quarter, compared to analysts' expectations 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 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 a price of $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 $54.49.

How much money does Parsons make?

Parsons (NYSE:PSN) has a market capitalization of $5.72 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 10/2/2023 by MarketBeat.com Staff

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