NYSE:PSN Parsons (PSN) Stock Price, News & Analysis → READ THIS – If You Missed Out On The AI Boom (From Banyan Hill Publishing) (Ad) Free PSN Stock Alerts $79.32 -0.42 (-0.53%) (As of 04/29/2024 ET) Add Compare Share Share Today's Range$79.15▼$80.5350-Day Range$74.90▼$84.2852-Week Range$42.22▼$85.44Volume595,893 shsAverage Volume870,800 shsMarket Capitalization$8.39 billionP/E Ratio55.86Dividend YieldN/APrice Target$79.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Parsons alerts: Email Address Parsons MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside0.5% Downside$79.00 Price TargetShort InterestHealthy3.82% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.22Based on 24 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.3.11 out of 5 starsBusiness Services Sector125th out of 313 stocksComputer Integrated Systems Design Industry9th out of 35 stocks 2.4 Analyst's Opinion Consensus RatingParsons has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageParsons has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. 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 2.3 News and Social Media Coverage News SentimentParsons has a news sentiment score of 0.22. 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 0.36 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Parsons this week, compared to 19 articles on an average week.Search Interest14 people have searched for PSN on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat FollowsOnly 16 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% 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. Previous Next 2.5 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 55.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 55.89, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 29.67.Price to Earnings Growth RatioParsons has a PEG Ratio of 3.54. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsons has a P/B Ratio of 3.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingREAD THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”Click on Adam's shiny forehead for more details. 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 HeadlinesApril 29, 2024 | globenewswire.comParsons Wins Position on $464M U.S. Army Remediation ContractApril 26, 2024 | msn.comCowboys' Micah Parsons drops honest take on Michael Penix Jr. NFL Draft criticismApril 29, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”April 26, 2024 | msn.comMicah Parsons “disgusted” after rival Philadelphia Eagles “lucky” first-round draft pickApril 26, 2024 | msn.comMicah Parsons Disgusted At NFL Rival's Luck In 2024 NFL DraftApril 26, 2024 | msn.comMicah Parsons ‘utterly disgusted’ by Eagles’ first-round pick in 2024 NFL DraftApril 26, 2024 | msn.comMicah Parsons Makes Wild Assertion About Bears’ Offense on Draft NightApril 26, 2024 | msn.comAlan Parsons is a punk with no regrets – well, not manyApril 29, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”April 26, 2024 | msn.comCowboys’ Micah Parsons ‘Utterly Disgusted’ After Eagles PickApril 26, 2024 | sports.yahoo.comMicah Parsons ‘disgusted’ after rival Philadelphia Eagles’ ‘lucky’ first-round draft pickApril 26, 2024 | msn.comDallas Cowboys star Micah Parsons reacts to team’s first-round NFL Draft pickApril 25, 2024 | msn.comIs that Jim Parsons and Jessica Lange disco dancing on Broadway?April 25, 2024 | msn.comMicah Parsons 1-on-1: Dallas Cowboys LB opens up about need for change, accountability within teamApril 25, 2024 | msn.comBethann Hardison Announced As 2024 Parsons Benefit HonoreeApril 25, 2024 | msn.comHow Micah Parsons envisions ‘all-in’ plan for Cowboys with NFL Draft hereApril 25, 2024 | finance.yahoo.comParsons Increasing Production of U.S. Air Force’s RADBO SystemApril 25, 2024 | globenewswire.comParsons Increasing Production of U.S. Air Force's RADBO SystemApril 25, 2024 | msn.comDallas Cowboys pick up Micah Parsons’ fifth-year option for 2025April 25, 2024 | msn.comCowboys make final decision on Micah Parsons' contractApril 24, 2024 | msn.comCowboys make unsurprising move with Micah ParsonsApril 24, 2024 | cowboyswire.usatoday.comCowboys officially pick up 5th-year option on Micah ParsonsApril 24, 2024 | americanbankingnews.comParsons (PSN) Set to Announce Quarterly Earnings on WednesdayApril 22, 2024 | sports.yahoo.com'We'll be competitive': Parsons ready to lead Cheboygan boys golf in first season as coachApril 21, 2024 | americanbankingnews.comParsons (NYSE:PSN) PT Raised to $90.00April 20, 2024 | nasdaq.comOversold Conditions For Parsons (PSN)April 19, 2024 | msn.comDarkest Dungeon II Coming to PlayStation 4, 5 This SummerSee 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 Earnings2/14/2024Today4/29/2024Next Earnings (Confirmed)5/01/2024Fiscal 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$79.00 High Stock Price Target$100.00 Low Stock Price Target$65.00 Potential Upside/Downside-1.1%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.42 Trailing P/E Ratio56.25 Forward P/E Ratio31.08 P/E Growth3.54Net Income$161.15 million Net Margins2.96% Pretax Margin4.85% Return on Equity10.32% Return on Assets5.04% Debt Debt-to-Equity Ratio0.31 Current Ratio1.51 Quick Ratio1.52 Sales & Book Value Annual Sales$5.44 billion Price / Sales1.55 Cash Flow$3.38 per share Price / Cash Flow23.64 Book Value$22.66 per share Price / Book3.52Miscellaneous Outstanding Shares105,830,000Free Float46,565,000Market Cap$8.45 billion OptionableNot Optionable Beta0.85 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 CompetitorsKyndrylNYSE:KDAurora InnovationNASDAQ:AURCoherentNYSE:COHRMaplebearNASDAQ:CARTConfluentNASDAQ:CFLTView All CompetitorsInstitutional OwnershipRaymond James Financial Services Advisors Inc.Bought 12,669 shares on 4/23/2024Ownership: 0.016%Petra Financial Advisors Inc.Bought 8,785 shares on 4/23/2024Ownership: 0.008%Nations Financial Group Inc. IA ADVSold 3,894 shares on 4/23/2024Ownership: 0.004%Masso Torrence Wealth Management Inc.Bought 3,749 shares on 4/23/2024Ownership: 0.004%AlphaMark Advisors LLCBought 4,855 shares on 4/18/2024Ownership: 0.005%View All Institutional Transactions PSN Stock Analysis - Frequently Asked Questions Should I buy or sell Parsons stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsons in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PSN shares. View PSN analyst ratings or view top-rated stocks. What is Parsons' stock price target for 2024? 9 equities research analysts have issued 1 year target prices for Parsons' shares. Their PSN share price targets range from $65.00 to $100.00. On average, they anticipate the company's stock price to reach $79.00 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. 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 at the beginning of the year. Since then, PSN stock has increased by 26.6% and is now trading at $79.36. 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, May 1st 2024. View our PSN earnings forecast. How can I listen to Parsons' earnings call? Parsons will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Parsons' earnings last quarter? Parsons Co. (NYSE:PSN) announced its quarterly earnings results on Wednesday, February, 14th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.13. The business earned $1.50 billion during the quarter, compared to analyst estimates of $1.33 billion. Parsons had a net margin of 2.96% and a trailing twelve-month return on equity of 10.32%. The company's revenue for the quarter was up 36.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.45 earnings per share. 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), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), AlphaMark Actively Managed Small Cap ETF (SMCP) and Hypatia Women CEO ETF (WCEO). What guidance has Parsons issued on next quarter's earnings? Parsons issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.8 billion-$6.0 billion, compared to the consensus revenue estimate of $5.6 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 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. Who are Parsons' major shareholders? Parsons' stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.54%), Hennessy Advisors Inc. (0.41%), CHURCHILL MANAGEMENT Corp (0.06%), Raymond James Financial Services Advisors Inc. (0.02%), Seaside Wealth Management Inc. (0.01%) and Petra Financial Advisors Inc. (0.01%). 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 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsREAD THIS – If You Missed Out On The AI BoomBanyan Hill PublishingHe Is Giving Away BitcoinCrypto Swap ProfitsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithElon Musk Secret Crypto Plot ExposedCrypto 101 MediaThe AI stock to buy right nowStockEarningsExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Parsons Co. 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