S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
This 11% Dividend Stock Has 11%+ Upside, Too
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
This 11% Dividend Stock Has 11%+ Upside, Too
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
This 11% Dividend Stock Has 11%+ Upside, Too
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
This 11% Dividend Stock Has 11%+ Upside, Too
NYSE:PSN

Parsons - PSN Stock Forecast, Price & News

$44.68
+0.47 (+1.06%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$44.10
$44.92
50-Day Range
$41.93
$49.50
52-Week Range
$29.91
$50.15
Volume
1.02 million shs
Average Volume
440,673 shs
Market Capitalization
$4.62 billion
P/E Ratio
50.20
Dividend Yield
N/A
Price Target
$48.63

Parsons MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.8% Upside
$48.63 Price Target
Short Interest
Bearish
3.31% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.13mentions of Parsons in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.87%
From $1.66 to $1.94 Per Share

Overall MarketRank

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

1.61 out of 5 stars

Business Services Sector

279th out of 321 stocks

Computer Integrated Systems Design Industry

31st out of 37 stocks

PSN stock logo

About Parsons (NYSE:PSN) Stock

Parsons Corp. provides engineering, design, planning, and construction management services. It offers solutions for commercial, federal, transportation, and water resources. It delivers engineering, construction, systems and resource integration, project and program management, and environmental services to customers. It operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is involved in 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 offers 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.

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PSN Stock News Headlines

Parsons Awarded Contract For Megaproject In Saudi Arabia
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Parsons Continues Dedication to Veterans
Parsons (PSN) Q3 Earnings Miss Estimates
See More Headlines
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PSN Company Calendar

Last Earnings
11/03/2021
Today
2/05/2023
Next Earnings (Confirmed)
2/15/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$48.63
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+8.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$64.07 million
Pretax Margin
3.94%

Debt

Sales & Book Value

Annual Sales
$3.66 billion
Cash Flow
$2.99 per share
Book Value
$18.94 per share

Miscellaneous

Free Float
102,778,000
Market Cap
$4.62 billion
Optionable
Not Optionable
Beta
0.85

Key Executives

  • Carey A. SmithCarey A. Smith
    Chairman, President & Chief Executive Officer
  • Matthew Ofilos
    Chief Financial Officer
  • Stuart Kippelman
    Chief Information Officer
  • Ricardo Lorenzo
    Chief Technology Officer
  • Michael R. Kolloway
    Secretary, Chief Legal Officer & Senior VP













PSN Stock - Frequently Asked Questions

Should I buy or sell Parsons stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsons in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PSN shares. 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 PSN analyst ratings
or view top-rated stocks.

What is Parsons' stock price forecast for 2023?

7 brokers have issued 1-year price targets for Parsons' shares. Their PSN share price forecasts range from $40.00 to $55.00. On average, they expect the company's stock price to reach $48.63 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price.
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 decreased by 3.4% and is now trading at $44.68.
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, February 15th 2023.
View our PSN earnings forecast
.

How can I listen to Parsons' earnings call?

Parsons will be holding an earnings conference call on Wednesday, February 15th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "5678900".

How were Parsons' earnings last quarter?

Parsons Co. (NYSE:PSN) announced its earnings results on Wednesday, November, 3rd. The company reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by $0.04. The business earned $956.05 million during the quarter, compared to analyst estimates of $959 million. Parsons had a trailing twelve-month return on equity of 8.98% and a net margin of 2.41%. The business's revenue was down 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 EPS.

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

Parsons issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.05 billion-$4.20 billion, compared to the consensus revenue estimate of $4.05 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 IPO 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 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 retail and institutional investors. Top institutional shareholders include Newport Trust Co (60.47%), Allspring Global Investments Holdings LLC (0.83%), New York State Common Retirement Fund (0.57%), CHURCHILL MANAGEMENT Corp (0.07%), Otter Creek Advisors LLC (0.06%) and Zurcher Kantonalbank Zurich Cantonalbank (0.05%). Insiders that own company stock include Carey A Smith, Charles L Harrington, George L Ball, Harry T Mcmahon, 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 $44.68.

How much money does Parsons make?

Parsons (NYSE:PSN) has a market capitalization of $4.62 billion and generates $3.66 billion in revenue each year. The company earns $64.07 million in net income (profit) each year or $0.89 on an earnings per share basis.

How many employees does Parsons have?

The company employs 15,500 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 2/5/2023 by MarketBeat.com Staff