NYSE:PSN Parsons (PSN) Stock Price, News & Analysis $95.68 +0.58 (+0.61%) (As of 12/20/2024 05:40 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Parsons Stock (NYSE:PSN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Parsons alerts:Sign Up Key Stats Today's Range$93.61▼$96.9250-Day Range$94.24▼$113.4052-Week Range$61.35▼$114.68Volume1.51 million shsAverage Volume903,993 shsMarket Capitalization$10.16 billionP/E Ratio144.97Dividend YieldN/APrice Target$108.88Consensus RatingBuy Company OverviewParsons 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… Parsons Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks75th Percentile Overall ScorePSN MarketRank™: Parsons scored higher than 75% of companies evaluated by MarketBeat, and ranked 92nd out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingBuy Consensus RatingParsons has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageParsons has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Parsons' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth19.87% Earnings GrowthEarnings for Parsons are expected to grow by 19.87% in the coming year, from $3.02 to $3.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parsons is 144.97, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 144.97, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 44.45.Price to Earnings Growth RatioParsons has a PEG Ratio of 1.72. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsons has a P/B Ratio of 4.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.87% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Parsons has recently increased by 13.38%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldParsons does not currently pay a dividend.Dividend GrowthParsons does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted2.87% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Parsons has recently increased by 13.38%, indicating that investor sentiment is decreasing significantly. News and Social Media2.7 / 5News Sentiment0.82 News SentimentParsons has a news sentiment score of 0.82. 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 0.60 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Parsons this week, compared to 17 articles on an average week.Search InterestOnly 13 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingN/A 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. 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 PSN Stock News HeadlinesParsons (NYSE:PSN) Upgraded to "Strong-Buy" at TD CowenDecember 21 at 2:44 AM | americanbankingnews.comParsons awarded $20M USACE contractDecember 19 at 2:49 AM | markets.businessinsider.comCombine the QQQ, IWM and SPY in one tradeIf you’ve been investing in the major indexes for the last 20 years, you may need a new strategy. Because the Dow Jones has returned just 349%... The Russell 2000 has returned just 397%... And the S&P 500 has returned just 450%. 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While I cannot promise future returns or against losses…December 21, 2024 | Diversified Trading Institute (Ad)Parsons Awarded $20 Million U.S. Army Corps of Engineers Contract for Puerto Rico MicrogridDecember 18 at 4:05 PM | globenewswire.comMicah Parsons says he’s a Cowboy for life, expects Dallas to attack free agency in 2025December 17, 2024 | dallasnews.comParsons conducts threat environment demonstrationDecember 16, 2024 | markets.businessinsider.comParsons Successfully Conducts First-Of-A-Kind Threat Environment DemonstrationDecember 16, 2024 | globenewswire.comCowboys' Micah Parsons Responds to Rumors He Will be Traded in the OffseasonDecember 15, 2024 | msn.comSee More Headlines PSN Stock Analysis - Frequently Asked Questions How have PSN shares performed this year? Parsons' stock was trading at $62.71 at the beginning of 2024. Since then, PSN stock has increased by 52.6% and is now trading at $95.68. View the best growth stocks for 2024 here. How were Parsons' earnings last quarter? Parsons Co. (NYSE:PSN) posted its earnings results on Wednesday, October, 30th. The company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.07. The company earned $1.81 billion during the quarter, compared to analyst estimates of $1.63 billion. Parsons had a net margin of 1.21% and a trailing twelve-month return on equity of 12.74%. When did Parsons IPO? Parsons (PSN) raised $500 million in an 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 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 shareholders of Parsons include State Street Corp (1.54%), Principal Financial Group Inc. (0.81%), Principal Financial Group Inc. (1.12%) and Allspring Global Investments Holdings LLC (1.06%). 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. 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 Earnings10/30/2024Today12/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Computer integrated systems design Sub-IndustryComputer Software Current SymbolNYSE:PSN CUSIPN/A CIK275880 Webwww.parsons.com Phone(703) 988-8500FaxN/AEmployees18,500Year FoundedN/APrice Target and Rating Average Stock Price Target$108.88 High Stock Price Target$125.00 Low Stock Price Target$90.00 Potential Upside/Downside+13.8%Consensus RatingBuy Rating Score (0-4)3.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.66 Trailing P/E Ratio144.97 Forward P/E Ratio31.68 P/E Growth1.72Net Income$161.15 million Net Margins1.21% Pretax Margin2.44% Return on Equity12.74% Return on Assets5.79% Debt Debt-to-Equity Ratio0.47 Current Ratio1.55 Quick Ratio1.55 Sales & Book Value Annual Sales$6.51 billion Price / Sales1.56 Cash Flow$3.34 per share Price / Cash Flow28.63 Book Value$22.66 per share Price / Book4.22Miscellaneous Outstanding Shares106,190,000Free Float46,724,000Market Cap$10.16 billion OptionableNot Optionable Beta0.74 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? 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