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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Laser breakthrough could send stock soaring 2,467% (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Laser breakthrough could send stock soaring 2,467% (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Laser breakthrough could send stock soaring 2,467% (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
NYSE:PSN

Parsons (PSN) Stock Forecast, Price & News

$54.97
-0.98 (-1.75%)
(As of 09/21/2023 ET)
Compare
Today's Range
$54.83
▼
$55.85
50-Day Range
$47.31
▼
$57.20
52-Week Range
$38.67
▼
$57.49
Volume
899,651 shs
Average Volume
647,992 shs
Market Capitalization
$5.77 billion
P/E Ratio
48.65
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
1.6% Downside
$54.11 Price Target
Short Interest
Healthy
2.69% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.09mentions of Parsons in the last 14 days
Based on 45 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.

1.85 out of 5 stars

Business Services Sector

226th out of 316 stocks

Computer Integrated Systems Design Industry

30th out of 38 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

September 21, 2023 | dallasnews.com
Former Cowboys QB Troy Aikman weighs in on Micah Parsons-Lawrence Taylor comparisons
September 21, 2023 | msn.com
Cowboys’ Micah Parsons tweets Kobe Bryant lion quote after stellar start to season
September 22, 2023 | Chaikin Analytics (Ad)
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
September 21, 2023 | msn.com
Trevon Diggs injury puts even bigger spotlight on Micah Parsons
September 21, 2023 | msn.com
Cowboys' Micah Parsons named NFC Defensive Player of the Week
September 21, 2023 | msn.com
Nathaniel Hackett: Jets ‘underestimated’ Micah Parsons’ speed
September 21, 2023 | msn.com
Cowboys Could Use Micah Parsons on Offense vs Cardinals
September 21, 2023 | msn.com
Micah Parsons Hints At Playing New Position This Season
September 22, 2023 | Chaikin Analytics (Ad)
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
September 21, 2023 | msn.com
'We Underestimated Micah!' Jets' Coach Damning Reveal on Cowboys' Parsons
September 21, 2023 | msn.com
Cowboys Star Linebacker Micah Parsons Takes Snaps On Offense
September 21, 2023 | msn.com
Watch: Micah Parsons Defends Joe Burrow, Bengals Slow Start Again
September 21, 2023 | finance.yahoo.com
Parsons Awarded $160 Million Intelligence Contract
September 21, 2023 | msn.com
Cowboys star Micah Parsons’ scary form has Cardinals OC embracing harsh truth ahead of Week 3
September 20, 2023 | msn.com
Why Micah Parsons, T.J. Watt are early DPOY favorites
September 20, 2023 | msn.com
Dallas Cowboys star Micah Parsons finds his ‘why’ in fitting choice of spirit animal
September 20, 2023 | dallasnews.com
Cowboys’ Micah Parsons wins NFC Defensive Player of the Week for third time
September 20, 2023 | yahoo.com
"If there was a day in my life I could take back, it would be that day": The death of Gram Parsons - a story of drugs, theft, and a burning corpse
September 20, 2023 | msn.com
Micah Parsons is the NFC defensive player of the week
September 20, 2023 | msn.com
NFL Films Cameras Caught Jets Players Being in Awe of Cowboys LB Micah Parsons
September 19, 2023 | msn.com
Mic'd-up Cowboys and Jets players were left in awe on the sidelines by Micah Parsons' dominant performance
September 19, 2023 | msn.com
Penn State's James Franklin Says Football Is Only a 'Small Part' of Micah Parsons' Success
September 19, 2023 | msn.com
Cowboys LB Micah Parsons’ ‘possessed lion’ mentality will have opposing quarterbacks trembling in fear
September 19, 2023 | news.yahoo.com
What James Franklin said about how Dallas Cowboys’ Micah Parsons is growing on, off the field
September 19, 2023 | msn.com
Cowboys' Micah Parsons making his case for early MVP consideration after Dallas' dominant 2-0 start
September 19, 2023 | msn.com
Micah Parsons Breaks Down Late Hit on Travis Hunter: ‘Malicious and Dirty’
September 19, 2023 | msn.com
Micah Parsons Sends A Warning To Commanders WR
See More Headlines
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PSN Company Calendar

Last Earnings
8/02/2023
Today
9/21/2023
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
-1.6%
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
48.65
Forward P/E Ratio
26.95
P/E Growth
2.11
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
1.37
Cash Flow
$2.78 per share
Price / Cash Flow
19.76
Book Value
$20.25 per share
Price / Book
2.71

Miscellaneous

Outstanding Shares
104,890,000
Free Float
103,899,000
Market Cap
$5.77 billion
Optionable
Not Optionable
Beta
0.80
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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 equities research analysts have issued twelve-month price targets for Parsons' stock. Their PSN share price forecasts range from $39.00 to $66.00. On average, they predict the company's stock price to reach $54.11 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
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 the year. Since then, PSN stock has increased by 18.9% and is now trading at $54.97.
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 data on Wednesday, August, 2nd. The company reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.12. The firm earned $1.36 billion during 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 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 served 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."

Who are Parsons' major shareholders?

Parsons' stock is owned by many different institutional and retail investors. Top institutional investors include Earnest Partners LLC (2.67%), Mackenzie Financial Corp (2.67%), Dimensional Fund Advisors LP (1.21%), Allspring Global Investments Holdings LLC (0.83%), Allspring Global Investments Holdings LLC (0.83%) and Nuveen Asset Management LLC (0.75%). Insiders that own company stock include Carey A Smith, George L Ball, Harry T Mcmahon and Michael Richard Kolloway.
View institutional ownership trends.

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 $54.97.

How much money does Parsons make?

Parsons (NYSE:PSN) has a market capitalization of $5.77 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 9/22/2023 by MarketBeat.com Staff

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