Parsons (PSN) Stock Price, News & Analysis

Company Overview

Parsons Corporation (NYSE: PSN) is a technology-driven engineering, construction, technical and professional services firm. The company delivers end-to-end solutions that span feasibility studies, design and engineering, construction management, system integration and ongoing operations support. Parsons serves both government and commercial clients and focuses on critical infrastructure, defense, security, intelligence and environmental programs.

Core services include program and construction management for transportation systems, water and environmental infrastructure, cybersecurity and advanced systems integration. The firm also provides mission support for defense and intelligence agencies, offering capabilities such as unmanned systems, sensor and radar technologies, and secure communications networks. In the energy sector, Parsons works on oil and gas facilities, renewable energy projects and associated infrastructure.

Founded in 1944 by Ralph M. Parsons in Los Angeles, California, the company has grown into a global organization with headquarters in Chantilly, Virginia. Over its history, Parsons has expanded through key acquisitions and strategic partnerships to establish a presence across the Americas, Europe, the Middle East, Asia and Australia. Its portfolio includes major highway programs, airport developments, water treatment plants and digital modernization initiatives.

As of 2023, Parsons is led by President and Chief Executive Officer Carey A. Smith. Under this leadership team, the company continues to emphasize innovation, safety and sustainability, leveraging emerging technologies such as artificial intelligence, predictive analytics and autonomous systems to address complex challenges facing its clients worldwide.

Key Stats

• Today's Range: $74.33 to $76.53
• 50-Day Range: $73.47 to $81.92
• 52-Week Range: $54.56 to $114.68
• Volume: 858,717 shs
• Average Volume: 866,341 shs
• Market Capitalization: $8.06 billion
• P/E Ratio: 33.67
• Dividend Yield: N/A
• Price Target: $88.70
• Consensus Rating: Moderate Buy

Parsons Stock Analysis - MarketRank™

Parsons scored higher than 67% of companies evaluated by MarketBeat, and ranked 110th out of 324 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Parsons has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Parsons has a consensus price target of $88.70, representing about 17.6% upside from its current price of $75.43.

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.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 14.53%

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 33.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Parsons is 33.67, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 26.80.

Price to Earnings Growth Ratio

Parsons has a PEG Ratio of 4.02. 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 3.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.78% 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 5.8.

Change versus previous month

Short interest in Parsons has recently decreased by 8.82%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Parsons does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.78% 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 5.8.

Change versus previous month

Short interest in Parsons has recently decreased by 8.82%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.53

News Sentiment

Parsons has a news sentiment score of 0.53. 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 0.93 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 49 news articles for Parsons this week, compared to 24 articles on an average week.

Search Interest

Only 5 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

PSN Stock Analysis - Frequently Asked Questions

How have PSN shares performed this year?

Parsons' stock was trading at $92.25 on January 1st, 2025. Since then, PSN shares have decreased by 18.2% and is now trading at $75.43.

How were Parsons' earnings last quarter?

Parsons Corporation (NYSE:PSN) released its quarterly earnings results on Wednesday, August, 6th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.04. The firm's quarterly revenue was down 5.1% on a year-over-year basis.
Read the conference call transcript.

Is Parsons buying back stock?

Parsons' board approved a stock buyback plan on Monday, March 24th 2025, which authorizes the company to buy back $250,000,000 in shares, according to EventVestor. This means that the company could purchase up to 3.9% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

When did Parsons IPO?

Parsons (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.

Who are Parsons' major shareholders?

Top institutional investors of Parsons include Artisan Partners Limited Partnership (1.98%), William Blair Investment Management LLC (1.77%), Channing Capital Management LLC (1.20%) and Mackenzie Financial Corp (1.02%).
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.

What other stocks do shareholders of Parsons own?

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: 8/06/2025
• Today: 9/16/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Computer Software
• Current Symbol: NYSE:PSN
• CIK: 275880
• Web: www.parsons.com
• Phone: (703) 988-8500
• Fax: N/A
• Employees: 19,600
• Year Founded: 1944

Price Target and Rating

• Average Price Target for Parsons: $88.70
• High Price Target: $105.00
• Low Price Target: $80.00
• Potential Upside/Downside: +17.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.24
• Trailing P/E Ratio: 33.67
• Forward P/E Ratio: 21.07
• P/E Growth: 4.04
• Net Income: $235.05 million
• Net Margins: 3.70%
• Pretax Margin: 5.78%
• Return on Equity: 12.36%
• Return on Assets: 5.66%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 1.61
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: $6.68 billion
• Price / Sales: 1.21
• Cash Flow: $3.81 per share
• Price / Cash Flow: 19.79
• Book Value: $23.87 per share
• Price / Book: 3.16

Miscellaneous

• Outstanding Shares: 106,794,000
• Free Float: 105,577,000
• Market Cap: $8.06 billion
• Optionable: Not Optionable
• Beta: 0.63