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NYSE:PSN

Parsons (PSN) Stock Price, News & Analysis

Parsons logo
$65.16 +1.08 (+1.69%)
Closing price 04/23/2025 03:59 PM Eastern
Extended Trading
$65.00 -0.16 (-0.25%)
As of 07:26 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Parsons Stock (NYSE:PSN)

Key Stats

Today's Range
$64.74
$66.57
50-Day Range
$55.36
$73.43
52-Week Range
$54.56
$114.68
Volume
959,085 shs
Average Volume
1.07 million shs
Market Capitalization
$6.96 billion
P/E Ratio
85.74
Dividend Yield
N/A
Price Target
$93.60
Consensus Rating
Moderate Buy

Company Overview

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.

Parsons Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
83rd Percentile Overall Score

PSN MarketRank™: 

Parsons scored higher than 83% of companies evaluated by MarketBeat, and ranked 100th out of 321 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 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Parsons has been the subject of 9 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 85.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.48.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Parsons is 85.74, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 29.97.

  • Price to Earnings Growth Ratio

    Parsons has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Parsons has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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

    12.63% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Parsons has recently decreased by 10.61%, indicating that investor sentiment is improving significantly.
  • 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

    12.63% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Parsons has recently decreased by 10.61%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Parsons has a news sentiment score of 0.88. 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 0.78 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 23 news articles for Parsons this week, compared to 15 articles on an average week.
  • Search Interest

    Only 2 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    Only 7 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 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 Analysis - Frequently Asked Questions

Parsons' stock was trading at $92.25 on January 1st, 2025. Since then, PSN shares have decreased by 29.4% and is now trading at $65.16.
View the best growth stocks for 2025 here
.

Parsons Co. (NYSE:PSN) posted its earnings results on Wednesday, February, 14th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.56 by $0.13. The business's quarterly revenue was up 36.4% on a year-over-year basis.
Read the conference call transcript
.

Parsons' Board of Directors initiated a stock buyback program 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 buy up to 3.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

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.

Parsons' top institutional investors include SG Americas Securities LLC (0.20%), Rhumbline Advisers (0.12%), GAMMA Investing LLC (0.06%) and Oppenheimer Asset Management Inc. (0.03%).
View institutional ownership trends
.

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
4/24/2025
Next Earnings (Estimated)
4/30/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Computer integrated systems design
Sub-Industry
Computer Software
Current Symbol
NYSE:PSN
Fax
N/A
Employees
6,180
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$93.60
High Stock Price Target
$115.00
Low Stock Price Target
$70.00
Potential Upside/Downside
+43.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Trailing P/E Ratio
85.74
Forward P/E Ratio
18.20
P/E Growth
0.93
Net Income
$161.15 million
Pretax Margin
5.45%

Debt

Sales & Book Value

Annual Sales
$6.75 billion
Cash Flow
$4.07 per share
Price / Cash Flow
16.00
Book Value
$23.74 per share
Price / Book
2.74

Miscellaneous

Free Float
46,724,000
Market Cap
$6.96 billion
Optionable
Not Optionable
Beta
0.66

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This page (NYSE:PSN) was last updated on 4/24/2025 by MarketBeat.com Staff
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