S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:PSN

Parsons Stock Forecast, Price & News

$33.08
-0.34 (-1.02%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$32.69
$33.71
50-Day Range
$32.85
$36.87
52-Week Range
$30.86
$45.01
Volume
403,107 shs
Average Volume
409,350 shs
Market Capitalization
$3.38 billion
P/E Ratio
61.26
Dividend Yield
N/A
Beta
1.06
30 days | 90 days | 365 days | Advanced Chart
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Parsons logo

About Parsons

Parsons Corp. provides engineering, design, planning, and construction management services. It offers solutions for commercial, federal, transportation, and water resources. The firm delivers engineering, construction, systems and resource integration, project and program management, and environmental services to customers. It operates through following business segments: Federal Solutions and Critical Infrastructure. The Federal Solutions segment provides advanced technologies, including cybersecurity, missile defense systems, C5ISR, space launch and situational awareness, geospatial intelligence, RF signals intelligence, nuclear and chemical waste remediation, and engineering services. The Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe. The company was founded by Ralph Monroe Parsons on June 12, 1944 and is headquartered in Centreville, VA.

Headlines

Parsons Applauds Bipartisan Infrastructure Deal
November 30, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Fax
N/A
Employees
15,500
Year Founded
N/A

Sales & Book Value

Annual Sales
$3.92 billion
Cash Flow
$2.83 per share
Book Value
$18.13 per share

Profitability

Net Income
$98.54 million
Pretax Margin
2.93%

Debt

Price-To-Earnings

Miscellaneous

Free Float
101,869,000
Market Cap
$3.38 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
11/03/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

1.75 out of 5 stars

Business Services Sector

235th out of 423 stocks

Computer Integrated Systems Design Industry

26th out of 42 stocks

Analyst Opinion: 2.9Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












Parsons (NYSE:PSN) Frequently Asked Questions

Is Parsons a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parsons in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Parsons stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSN, but not buy additional shares or sell existing shares.
View analyst ratings for Parsons
or view top-rated stocks.

How has Parsons' stock been impacted by Coronavirus (COVID-19)?

Parsons' stock was trading at $32.27 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PSN stock has increased by 2.5% and is now trading at $33.08.
View which stocks have been most impacted by COVID-19
.

When is Parsons' next earnings date?

Parsons is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Parsons
.

How were Parsons' earnings last quarter?

Parsons Co. (NYSE:PSN) announced its quarterly earnings data on Wednesday, November, 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.04. The firm earned $956.05 million during the quarter, compared to the consensus estimate of $959 million. Parsons had a trailing twelve-month return on equity of 8.05% and a net margin of 1.54%. Parsons's revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.58 earnings per share.
View Parsons' earnings history
.

What guidance has Parsons issued on next quarter's earnings?

Parsons issued an update on its FY 2021 earnings guidance on Wednesday, November, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.60 billion-$3.70 billion, compared to the consensus revenue estimate of $3.66 billion.

What price target have analysts set for PSN?

5 Wall Street analysts have issued 1 year target prices for Parsons' stock. Their forecasts range from $33.00 to $70.00. On average, they anticipate Parsons' share price to reach $43.60 in the next twelve months. This suggests a possible upside of 31.8% from the stock's current price.
View analysts' price targets for Parsons
or view top-rated stocks among Wall Street analysts.

Who are Parsons' key executives?

Parsons' management team includes the following people:
  • Carey A. Smith, President, Chief Executive Officer & Director
  • George L. Ball, Chief Financial Officer & Executive Vice President
  • Stuart Kippelman, Chief Information Officer
  • Virginia L. Grebbien, Chief Corporate Affairs Officer
  • Donald Douglas Graul, President-Construction Group

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), Square (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 (IPO) 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 shareholders include Newport Trust Co (68.07%), Mackenzie Financial Corp (2.91%), Invesco Ltd. (0.96%), New York State Common Retirement Fund (0.69%), Geode Capital Management LLC (0.62%) and Dimensional Fund Advisors LP (0.51%). Company insiders that own Parsons stock include Carey A Smith, Charles L Harrington, George L Ball, Harry T Mcmahon and Michael Richard Kolloway.
View institutional ownership trends for Parsons
.

Which institutional investors are selling Parsons stock?

PSN stock was sold by a variety of institutional investors in the last quarter, including Newport Trust Co, Guggenheim Capital LLC, SG Americas Securities LLC, Chartwell Investment Partners LLC, Geode Capital Management LLC, Mutual of America Capital Management LLC, Balyasny Asset Management LLC, and Balyasny Asset Management LLC.
View insider buying and selling activity for Parsons
or view top insider-selling stocks.

Which institutional investors are buying Parsons stock?

PSN stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Natixis, Invesco Ltd., Granite Investment Partners LLC, New York State Common Retirement Fund, and BOKF NA. Company insiders that have bought Parsons stock in the last two years include Carey A Smith, Charles L Harrington, George L Ball, Harry T Mcmahon, and Michael Richard Kolloway.
View insider buying and selling activity for Parsons
or or view top insider-buying stocks.

How do I buy shares of Parsons?

Shares of PSN 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 $33.08.

How much money does Parsons make?

Parsons has a market capitalization of $3.38 billion and generates $3.92 billion in revenue each year. The company earns $98.54 million in net income (profit) each year or $0.54 on an earnings per share basis.

How many employees does Parsons have?

Parsons employs 15,500 workers across the globe.

What is Parsons' official website?

The official website for Parsons is www.parsons.com.

Where are Parsons' headquarters?

How can I contact Parsons?

Parsons' mailing address is 5875 TRINITY PKWY SUITE 300, CENTREVILLE VA, 20120. The company can be reached via phone at (703) 988-8500 or via email at [email protected].


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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