Top-Rated StocksTop-RatedNYSE:PSN Parsons (PSN) Stock Price, News & Analysis → Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share (From Colonial Metals) (Ad) Free PSN Stock Alerts $77.76 -0.49 (-0.63%) (As of 09:51 AM ET) Add Compare Share Share Today's Range$77.50▼$78.6350-Day Range$77.30▼$84.2852-Week Range$42.79▼$85.44Volume58,383 shsAverage Volume877,263 shsMarket Capitalization$8.23 billionP/E Ratio432.02Dividend YieldN/APrice Target$83.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Parsons alerts: Email Address Parsons MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside6.2% Upside$83.10 Price TargetShort InterestHealthy3.82% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.58Based on 28 Articles This WeekInsider TradingN/AProj. Earnings Growth15.56%From $2.57 to $2.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.17 out of 5 starsBusiness Services Sector144th out of 313 stocksComputer Integrated Systems Design Industry9th out of 34 stocks 2.5 Analyst's Opinion Consensus RatingParsons has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageParsons has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Parsons' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.82% of the outstanding shares of Parsons have been sold short.Short Interest Ratio / Days to CoverParsons has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Parsons has recently decreased by 4.49%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldParsons does not currently pay a dividend.Dividend GrowthParsons does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PSN. Previous Next 3.7 News and Social Media Coverage News SentimentParsons has a news sentiment score of 0.58. 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 higher news sentiment than the 0.36 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Parsons this week, compared to 20 articles on an average week.Search Interest14 people have searched for PSN on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows13 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is an increase of 8% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Parsons insiders have not sold or bought any company stock.Percentage Held by Insiders56.00% of the stock of Parsons is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions98.02% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Parsons are expected to grow by 15.56% in the coming year, from $2.57 to $2.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parsons is 434.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 143.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 434.91, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 37.06.Price to Earnings Growth RatioParsons has a PEG Ratio of 2.92. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsons has a P/B Ratio of 3.45. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide About Parsons Stock (NYSE:PSN)Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. The company operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment provides critical technologies, such as cybersecurity; missile defense; intelligence; space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; environmental remediation; border security, critical infrastructure protection; counter unmanned air systems; biometrics and bio surveillance solutions to U.S. Department of Defense, including military services; Missile Defense Agency, the Department of Energy; the Department of State; the Department of Homeland Security, and the Federal Aviation Administration. The Critical Infrastructure segment provides management, design, and engineering services, as well as offers leveraging sensor solutions. This segment develops digital solutions for next generation aviation, rail and transit, bridges, roads, and highways; and provides water and wastewater treatment systems; AI/ML, and digital twin and cyber systems integration services; planning, engineering, and management services for infrastructure, including bridges and tunnels, roads and highways, water and wastewater, and dams and reservoirs. Parsons Corporation was founded in 1944 and is headquartered in Chantilly, Virginia.Read More PSN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PSN Stock News HeadlinesMay 8, 2024 | globenewswire.comParsons Receives Innovation Transportation Solutions Award from WTS ColoradoMay 7, 2024 | prnewswire.comSealingTech Powers Up Missions with Its SN 4500May 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 6, 2024 | americanbankingnews.comRobert W. Baird Increases Parsons (NYSE:PSN) Price Target to $89.00May 6, 2024 | markets.businessinsider.comGoldman Sachs Keeps Their Hold Rating on Parsons (PSN)May 6, 2024 | americanbankingnews.comParsons Co. (NYSE:PSN) Receives Average Recommendation of "Buy" from AnalystsMay 5, 2024 | americanbankingnews.comParsons (NYSE:PSN) Stock Rating Upgraded by TD CowenMay 4, 2024 | msn.comTD Cowen Upgrades Parsons (PSN)May 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 3, 2024 | americanbankingnews.comParsons (NYSE:PSN) Stock Rating Upgraded by Raymond JamesMay 2, 2024 | msn.comRaymond James Upgrades Parsons (PSN)May 2, 2024 | msn.comMicah Parsons is undeniably fed up with the Cowboys’ playoff failuresMay 2, 2024 | finance.yahoo.comParsons Corp (PSN) Q1 2024 Earnings Call Transcript Highlights: Stellar Growth and Strategic WinsMay 2, 2024 | finance.yahoo.comParsons First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 2, 2024 | finance.yahoo.comThose who invested in Parsons (NYSE:PSN) five years ago are up 158%May 2, 2024 | gurufocus.comQ1 2024 Parsons Corp Earnings Call TranscriptMay 1, 2024 | msn.comParsons High School seniors honored in academic signing ceremonyMay 1, 2024 | msn.comParsons upgraded at Raymond James on federal budget certaintyMay 1, 2024 | markets.businessinsider.comWhat Analysts Are Saying About Parsons Corp StockMay 1, 2024 | msn.comPSN Stock Earnings: Parsons Corp Beats EPS, Beats Revenue for Q1 2024May 1, 2024 | finance.yahoo.comParsons Corp (PSN) Q1 2024 Earnings: Surpasses Revenue Forecasts Despite Net LossMay 1, 2024 | globenewswire.comParsons Reports Strong First Quarter 2024 ResultsMay 1, 2024 | msn.comCowboys Star Micah Parsons Sends 3-Word Message to Ezekiel ElliottMay 1, 2024 | msn.com“Young Sheldon”'s Iain Armitage Magically Ages Up and Transforms Into Jim Parsons in Funny TikTokApril 30, 2024 | msn.comMicah Parsons takes shot at rival EaglesApril 30, 2024 | sports.yahoo.comDallas Cowboys LB Micah Parsons to lead Lions Den Football Camp in El PasoApril 30, 2024 | msn.comAlicia Keys, Jim Parsons and More 2024 Tony Awards Hopefuls React to Their Nominations: 'This Is Wild'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. Email Address Company Calendar Last Earnings2/14/2024Today5/08/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Computer integrated systems design Sub-IndustryN/A Current SymbolNYSE:PSN CUSIPN/A CIK275880 Webwww.parsons.com Phone(703) 988-8500FaxN/AEmployees18,500Year FoundedN/APrice Target and Rating Average Stock Price Target$83.10 High Stock Price Target$100.00 Low Stock Price Target$65.00 Potential Upside/Downside+6.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio434.91 Forward P/E Ratio30.46 P/E Growth2.92Net Income$161.15 million Net Margins0.49% Pretax Margin1.60% Return on Equity11.27% Return on Assets5.33% Debt Debt-to-Equity Ratio0.56 Current Ratio1.79 Quick Ratio1.79 Sales & Book Value Annual Sales$5.44 billion Price / Sales1.52 Cash Flow$3.37 per share Price / Cash Flow23.26 Book Value$22.66 per share Price / Book3.45Miscellaneous Outstanding Shares105,830,000Free Float46,565,000Market Cap$8.28 billion OptionableNot Optionable Beta0.86 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMs. Carey A. Smith (Age 60)President, CEO & Chairwoman Comp: $3.36MMr. Matthew M. Ofilos (Age 44)Chief Financial Officer Comp: $1.43MMr. Michael R. Kolloway (Age 63)Chief Legal Officer & Secretary Comp: $1.3MMs. Susan M. Balaguer (Age 55)Chief Human Resources Officer Comp: $1.11MMs. Wendy Van WickleChief Business Operations OfficerMr. Ricardo LorenzoChief Technology OfficerMr. David SpilleSenior Vice President of Investor RelationsMr. Jason YaleyChief Communications OfficerMr. Pierre SantoniPresident of Infrastructure EMEAMs. Dana TurturroSenior Vice President of Talent AcquisitionMore ExecutivesKey CompetitorsAurora InnovationNASDAQ:AURKyndrylNYSE:KDCoherentNYSE:COHRFTI ConsultingNYSE:FCNConfluentNASDAQ:CFLTView All CompetitorsInstitutional OwnershipNationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.Bought 3,154 shares on 5/8/2024Ownership: 0.110%Russell Investments Group Ltd.Bought 9,593 shares on 5/8/2024Ownership: 0.009%ClariVest Asset Management LLCSold 192 shares on 5/7/2024Ownership: 0.020%Susquehanna Fundamental Investments LLCBought 5,400 shares on 5/7/2024Ownership: 0.005%Benedetti & Gucer Inc.Bought 3,872 shares on 5/7/2024Ownership: 0.004%View All Institutional Transactions PSN Stock Analysis - Frequently Asked Questions Should I buy or sell Parsons stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parsons in the last year. There are currently 1 hold rating, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PSN shares. View PSN analyst ratings or view top-rated stocks. What is Parsons' stock price target for 2024? 10 brokerages have issued twelve-month target prices for Parsons' shares. Their PSN share price targets range from $65.00 to $100.00. On average, they expect the company's share price to reach $83.10 in the next year. This suggests a possible upside of 6.2% 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 2024? Parsons' stock was trading at $62.71 on January 1st, 2024. Since then, PSN shares have increased by 24.8% and is now trading at $78.28. View the best growth stocks for 2024 here. When is Parsons' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our PSN earnings forecast. How were Parsons' earnings last quarter? Parsons Co. (NYSE:PSN) released its earnings results on Wednesday, February, 14th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. The firm earned $1.50 billion during the quarter, compared to analysts' expectations of $1.33 billion. Parsons had a net margin of 0.49% and a trailing twelve-month return on equity of 11.27%. The business's quarterly revenue was up 36.4% on a year-over-year basis. During the same period last year, the business earned $0.45 EPS. What ETFs hold Parsons' stock? ETFs with the largest weight of Parsons (NYSE:PSN) stock in their portfolio include Global X Defense Tech ETF (SHLD), SPDR S&P Kensho Intelligent Structures ETF (SIMS), First Trust Indxx Aerospace & Defense ETF (MISL), Pinnacle Focused Opportunities ETF (FCUS), SPDR Kensho Future Security ETF (FITE), AlphaMark Actively Managed Small Cap ETF (SMCP), Hypatia Women CEO ETF (WCEO) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). What guidance has Parsons issued on next quarter's earnings? Parsons issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.1 billion-$6.4 billion, compared to the consensus revenue estimate of $6.0 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? Parsons (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. Who are Parsons' major shareholders? Parsons' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.95%), Allspring Global Investments Holdings LLC (0.54%), Allspring Global Investments Holdings LLC (0.54%), Hennessy Advisors Inc. (0.41%), BNP Paribas Financial Markets (0.21%) and Sei Investments Co. (0.18%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PSN) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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