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Parsons (PSN) Stock Price, News & Analysis

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$74.62 +0.71 (+0.96%)
Closing price 03:44 PM Eastern
Extended Trading
$73.55 -1.07 (-1.43%)
As of 04:29 PM Eastern
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About Parsons Stock (NYSE:PSN)

Key Stats

Today's Range
$74.34
$75.20
50-Day Range
$61.05
$73.87
52-Week Range
$54.56
$114.68
Volume
771,368 shs
Average Volume
1.20 million shs
Market Capitalization
$7.98 billion
P/E Ratio
25.05
Dividend Yield
N/A
Price Target
$86.80
Consensus Rating
Moderate Buy

Company Overview

Parsons Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

PSN MarketRank™: 

Parsons scored higher than 70% of companies evaluated by MarketBeat, and ranked 448th out of 906 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Parsons has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Parsons has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Parsons' stock forecast and price target.
  • Earnings Growth

    Earnings for Parsons are expected to grow by 14.53% in the coming year, from $3.58 to $4.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Parsons is 25.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.54.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Parsons is 25.05, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.64.

  • Price to Earnings Growth Ratio

    Parsons has a PEG Ratio of 4.26. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Parsons has a P/B Ratio of 3.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Parsons' valuation and earnings.
  • Percentage of Shares Shorted

    5.84% of the float of Parsons has been sold short.
  • Short Interest Ratio / Days to Cover

    Parsons has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in Parsons has recently decreased by 2.53%, indicating that investor sentiment is improving.
  • Dividend Yield

    Parsons does not currently pay a dividend.

  • Dividend Growth

    Parsons does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.84% of the float of Parsons has been sold short.
  • Short Interest Ratio / Days to Cover

    Parsons has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in Parsons has recently decreased by 2.53%, indicating that investor sentiment is improving.
  • News Sentiment

    Parsons has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 33 news articles for Parsons this week, compared to 18 articles on an average week.
  • Search Interest

    10 people have searched for PSN on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Parsons to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Parsons insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.14% of the stock of Parsons is held by insiders.

  • Percentage Held by Institutions

    98.02% of the stock of Parsons is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Parsons' insider trading history.
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PSN Stock News Headlines

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PSN Stock Analysis - Frequently Asked Questions

Parsons' stock was trading at $92.25 at the start of the year. Since then, PSN stock has decreased by 19.1% and is now trading at $74.62.

Parsons Corporation (NYSE:PSN) announced its quarterly earnings data on Wednesday, February, 14th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.13. The business's quarterly revenue was up 36.4% compared to the same quarter last year.
Read the conference call transcript
.

Parsons' Board of Directors initiated a share repurchase plan on Monday, March 24th 2025, which permits the company to repurchase $250,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 3.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

Parsons (PSN) raised $500 million in an initial public offering (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.

Shares of PSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Parsons investors own include NVIDIA (NVDA), Meta Platforms (META), Humana (HUM), Broadcom (AVGO), Advanced Micro Devices (AMD), American Water Works (AWK) and Adobe (ADBE).

Company Calendar

Last Earnings
2/14/2024
Today
7/03/2025
Next Earnings (Estimated)
7/30/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Technology Services
Sub-Industry
Computer Software
Current Symbol
NYSE:PSN
Fax
N/A
Employees
19,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$86.80
High Stock Price Target
$115.00
Low Stock Price Target
$69.00
Potential Upside/Downside
+16.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Trailing P/E Ratio
31.49
Forward P/E Ratio
20.84
P/E Growth
4.19
Net Income
$235.05 million
Pretax Margin
5.91%

Debt

Sales & Book Value

Annual Sales
$6.75 billion
Cash Flow
$3.97 per share
Price / Cash Flow
18.79
Book Value
$23.87 per share
Price / Book
3.13

Miscellaneous

Free Float
105,657,000
Market Cap
$7.98 billion
Optionable
Not Optionable
Beta
0.55

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This page (NYSE:PSN) was last updated on 7/3/2025 by MarketBeat.com Staff
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