QQQ   315.68 (+0.95%)
AAPL   162.36 (+0.99%)
MSFT   284.05 (+1.26%)
META   207.84 (+1.21%)
GOOGL   100.89 (-0.49%)
AMZN   102.00 (+1.75%)
TSLA   195.28 (+0.72%)
NVDA   273.83 (+1.48%)
NIO   10.46 (+6.41%)
BABA   103.38 (+3.46%)
AMD   97.88 (+1.86%)
T   19.08 (+0.42%)
F   12.29 (+1.99%)
MU   63.09 (-0.71%)
CGC   1.76 (-2.76%)
GE   94.05 (-0.01%)
DIS   98.10 (+1.27%)
AMC   4.97 (-0.60%)
PFE   40.38 (+0.32%)
PYPL   74.39 (+0.28%)
NFLX   338.43 (+1.93%)
QQQ   315.68 (+0.95%)
AAPL   162.36 (+0.99%)
MSFT   284.05 (+1.26%)
META   207.84 (+1.21%)
GOOGL   100.89 (-0.49%)
AMZN   102.00 (+1.75%)
TSLA   195.28 (+0.72%)
NVDA   273.83 (+1.48%)
NIO   10.46 (+6.41%)
BABA   103.38 (+3.46%)
AMD   97.88 (+1.86%)
T   19.08 (+0.42%)
F   12.29 (+1.99%)
MU   63.09 (-0.71%)
CGC   1.76 (-2.76%)
GE   94.05 (-0.01%)
DIS   98.10 (+1.27%)
AMC   4.97 (-0.60%)
PFE   40.38 (+0.32%)
PYPL   74.39 (+0.28%)
NFLX   338.43 (+1.93%)
QQQ   315.68 (+0.95%)
AAPL   162.36 (+0.99%)
MSFT   284.05 (+1.26%)
META   207.84 (+1.21%)
GOOGL   100.89 (-0.49%)
AMZN   102.00 (+1.75%)
TSLA   195.28 (+0.72%)
NVDA   273.83 (+1.48%)
NIO   10.46 (+6.41%)
BABA   103.38 (+3.46%)
AMD   97.88 (+1.86%)
T   19.08 (+0.42%)
F   12.29 (+1.99%)
MU   63.09 (-0.71%)
CGC   1.76 (-2.76%)
GE   94.05 (-0.01%)
DIS   98.10 (+1.27%)
AMC   4.97 (-0.60%)
PFE   40.38 (+0.32%)
PYPL   74.39 (+0.28%)
NFLX   338.43 (+1.93%)
QQQ   315.68 (+0.95%)
AAPL   162.36 (+0.99%)
MSFT   284.05 (+1.26%)
META   207.84 (+1.21%)
GOOGL   100.89 (-0.49%)
AMZN   102.00 (+1.75%)
TSLA   195.28 (+0.72%)
NVDA   273.83 (+1.48%)
NIO   10.46 (+6.41%)
BABA   103.38 (+3.46%)
AMD   97.88 (+1.86%)
T   19.08 (+0.42%)
F   12.29 (+1.99%)
MU   63.09 (-0.71%)
CGC   1.76 (-2.76%)
GE   94.05 (-0.01%)
DIS   98.10 (+1.27%)
AMC   4.97 (-0.60%)
PFE   40.38 (+0.32%)
PYPL   74.39 (+0.28%)
NFLX   338.43 (+1.93%)
NYSE:PSN

Parsons - PSN Stock Forecast, Price & News

$44.55
-0.21 (-0.47%)
(As of 03/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$44.49
$44.93
50-Day Range
$40.89
$46.84
52-Week Range
$34.46
$50.15
Volume
554,771 shs
Average Volume
557,027 shs
Market Capitalization
$4.66 billion
P/E Ratio
50.63
Dividend Yield
N/A
Price Target
$49.13

Parsons MarketRank™ Forecast

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
10.3% Upside
$49.13 Price Target
Short Interest
Bearish
3.51% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of Parsons in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.37%
From $2.06 to $2.15 Per Share

Overall MarketRank

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

1.72 out of 5 stars

Business Services Sector

278th out of 328 stocks

Computer Integrated Systems Design Industry

31st out of 36 stocks


PSN stock logo

About Parsons (NYSE:PSN) Stock

Parsons Corp. engages in the provision of 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 the 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.

Receive PSN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Parsons and its competitors with MarketBeat's FREE daily newsletter.

PSN Stock News Headlines

Parsons (NYSE:PSN) Upgraded at William Blair
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Parsons’ Xator, LLC Selected for $750M Contract
Parsons (NYSE:PSN) and IonQ (NYSE:IONQ) Head to Head Review
Parsons To Acquire IPKeys Power Partners
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Stifel Nicolaus Remains a Buy on Parsons (PSN)
Parsons Full Year 2022 Earnings: EPS Misses Expectations
Parsons (PSN) Q4 Earnings Miss Estimates
See More Headlines
Receive PSN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Parsons and its competitors with MarketBeat's FREE daily newsletter.

PSN Company Calendar

Last Earnings
2/15/2023
Today
3/30/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Fax
N/A
Employees
17,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$49.13
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+10.3%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$96.66 million
Pretax Margin
3.96%

Debt

Sales & Book Value

Annual Sales
$4.20 billion
Cash Flow
$2.94 per share
Book Value
$20.25 per share

Miscellaneous

Free Float
103,725,000
Market Cap
$4.66 billion
Optionable
Not Optionable
Beta
0.84

Key Executives

  • Carey A. SmithCarey A. Smith
    Chairman, President & Chief Executive Officer
  • Wendy Van Wickle
    Chief Business Operations Officer
  • Matthew Ofilos
    Chief Financial Officer
  • Stuart Kippelman
    Chief Information Officer
  • Ricardo Lorenzo
    Chief Technology Officer













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 year. There are currently 2 sell ratings, 3 hold ratings and 3 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?

8 brokers have issued 12-month price objectives for Parsons' stock. Their PSN share price forecasts range from $39.00 to $55.00. On average, they anticipate the company's stock price to reach $49.13 in the next twelve months. This suggests a possible upside of 10.3% 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 start of the year. Since then, PSN stock has decreased by 3.7% and is now trading at $44.55.
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, May 3rd 2023.
View our PSN earnings forecast
.

How were Parsons' earnings last quarter?

Parsons Co. (NYSE:PSN) issued its earnings results on Wednesday, February, 15th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $0.03. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.05 billion. Parsons had a trailing twelve-month return on equity of 8.47% and a net margin of 2.30%.

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

Parsons issued an update on its FY 2023 earnings guidance on Wednesday, February, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.38 billion-$4.58 billion, compared to the consensus revenue estimate of $4.47 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 institutional and retail investors. Top institutional shareholders include Newport Trust Co (60.47%), T. Rowe Price Investment Management Inc. (3.95%), Earnest Partners LLC (3.10%), Mackenzie Financial Corp (2.72%), Dimensional Fund Advisors LP (1.16%) and Allspring Global Investments Holdings LLC (0.83%). 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 $44.55.

How much money does Parsons make?

Parsons (NYSE:PSN) has a market capitalization of $4.66 billion and generates $4.20 billion in revenue each year. The company earns $96.66 million in net income (profit) each year or $0.88 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 3/30/2023 by MarketBeat.com Staff