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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:PSN

Parsons Stock Forecast, Price & News

$38.76
-0.25 (-0.64 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$38.27
Now: $38.76
$38.83
50-Day Range
$32.70
MA: $35.73
$39.01
52-Week Range
$24.67
Now: $38.76
$45.40
Volume348,230 shs
Average Volume423,943 shs
Market Capitalization$3.90 billion
P/E Ratio36.22
Dividend YieldN/A
Beta1.11
Parsons Corporation provides technology based solutions in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates in two segments, Federal Solutions and Critical Infrastructure. The company offers cybersecurity software and engineering services, hardware prototyping, and other technical services to the U.S. Army and the United States intelligence community; ThunderRidge, a tool that assists cyber operational users to develop action plans, assess cyber threats, and disseminate situational awareness in real-time; and geospatial intelligence, big data analytics, and threat mitigation technology services to the defense, intelligence, space and command, control, communications, computer, cyber, intelligence, surveillance, and reconnaissance. It also provides mission planning for space situational awareness, small satellite systems integration, electronic warfare, directed energy modeling and simulation, and command and control systems and support to the Missile Defense Agency, the U.S. Air Force, and the U.S. Army; converged cyber-physical solutions for critical infrastructure, and global military mission readiness and training services to the Federal Aviation Administration and the U.S. Army; and technology services for advanced energy production systems, healthcare systems, environmental systems, and related infrastructure. In addition, the company offers intelligent transportation system management, aviation, rail and transit systems, smart cities software, and critical infrastructure cyber protection to the transportation authorities, rail, and transit entities; engineering services for complex infrastructure; and engineering, program management, systems engineering, and environmental solutions to private-sector industrial clients and public utilities. It has a strategic partnership with Neology, Inc. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.

MarketRank

Overall MarketRank

1.31 out of 5 stars

Business Services Sector

100th out of 359 stocks

Computer Integrated Systems Design Industry

14th out of 41 stocks

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Computer integrated systems design
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone703-988-8500
Employees15,879

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.95 billion
Cash Flow$3.08 per share
Book Value$16.73 per share

Profitability

Net Income$120.53 million

Miscellaneous

Market Cap$3.90 billion
Next Earnings Date3/9/2021 (Estimated)
OptionableNot Optionable
$38.76
-0.25 (-0.64 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Parsons (NYSE:PSN) Frequently Asked Questions

How has Parsons' stock price been impacted by COVID-19?

Parsons' stock was trading at $32.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PSN shares have increased by 20.1% and is now trading at $38.76.
View which stocks have been most impacted by COVID-19
.

Is Parsons a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parsons in the last twelve months. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Parsons stock.
View analyst ratings for Parsons
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Parsons?

Wall Street analysts have given Parsons a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Parsons wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Parsons' next earnings date?

Parsons is scheduled to release its next quarterly earnings announcement on Tuesday, March 9th 2021.
View our earnings forecast for Parsons
.

How were Parsons' earnings last quarter?

Parsons Co. (NYSE:PSN) announced its earnings results on Monday, November, 9th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.54 by $0.14. The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.02 billion. Parsons had a return on equity of 16.48% and a net margin of 2.66%. The firm's quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 earnings per share.
View Parsons' earnings history
.

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

Parsons updated its FY 2020 Pre-Market earnings guidance on Wednesday, November, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.95-4.05 billion, compared to the consensus revenue estimate of $4.01 billion.

What price target have analysts set for PSN?

6 brokers have issued 12-month price targets for Parsons' stock. Their forecasts range from $39.00 to $43.00. On average, they anticipate Parsons' stock price to reach $40.25 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
View analysts' price targets for Parsons
or view Wall Street analyst' top-rated stocks.

Who are some of Parsons' key competitors?

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), The Boeing (BA), The Walt Disney (DIS), Marvell Technology Group (MRVL), AbbVie (ABBV), Advanced Micro Devices (AMD) and Baidu (BIDU).

Who are Parsons' key executives?

Parsons' management team includes the following people:
  • Mr. Charles L. Harrington, Chairman & CEO (Age 62, Pay $2.44M)
  • Ms. Carey A. Smith, Pres, COO & Director (Age 57, Pay $1.17M)
  • Mr. George L. Ball, CFO & Exec. VP (Age 62, Pay $1.04M)
  • Mr. Michael R. Kolloway, Chief Legal Officer & Sec. (Age 60, Pay $750.56k)
  • Mr. Scott Carl, Chief Information Officer
  • Mr. David Spille, VP of Investor Relations
  • Ms. Debra A. Fiori, Chief People Officer
  • Mr. James R. Shappell, Vice Chairman, Managing Director of Saudi Arabian Parsons Ltd. and Saudi Arabia Country Mang.
  • Ms. Virginia L. Grebbien, Chief Corp. Affairs Officer
  • Mr. Rick Henderson, Sr. VP and Middle East Africa Fin. Director

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 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.

What is Parsons' stock price today?

One share of PSN stock can currently be purchased for approximately $38.76.

How big of a company is Parsons?

Parsons has a market capitalization of $3.90 billion and generates $3.95 billion in revenue each year. The company earns $120.53 million in net income (profit) each year or $1.46 on an earnings per share basis. Parsons employs 15,879 workers across the globe.

What is Parsons' official website?

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

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 1/17/2021 by MarketBeat.com Staff

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