Top-Rated StocksTop-RatedNYSE:PSN Parsons (PSN) Stock Price, News & Analysis → Biden Nomination CANCELED? (From The Freeport Society) (Ad) Free PSN Stock Alerts $76.15 -0.53 (-0.69%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$74.40▼$77.4650-Day Range$76.15▼$84.2852-Week Range$43.21▼$85.44Volume1.06 million shsAverage Volume693,277 shsMarket Capitalization$11.18 billionP/E Ratio423.08Dividend YieldN/APrice Target$83.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Parsons alerts: Email Address Parsons MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside9.1% Upside$83.10 Price TargetShort InterestHealthy4.45% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.20Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth22.57%From $2.57 to $3.15 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.2.21 out of 5 starsBusiness Services Sector194th out of 310 stocksComputer Integrated Systems Design Industry16th 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 Shorted4.45% of the float of Parsons has 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 4.87%, 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 1.2 News and Social Media Coverage News SentimentParsons has a news sentiment score of 0.20. 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 0.73 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Parsons this week, compared to 20 articles on an average week.Search InterestOnly 3 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% 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 22.57% in the coming year, from $2.57 to $3.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parsons is 423.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 126.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 423.08, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 16.60.Price to Earnings Growth RatioParsons has a PEG Ratio of 2.30. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsons has a P/B Ratio of 4.98. 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 Wealthpin ProDo This Before July 30 2024 To Claim Trump’s Gift In January 2021, Donald Trump silently rolled out a special gift to the American public… One that top house republicans called “The Key To America’s Economic Future”.You just have to make this simple move before July 30, 2024. 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 29, 2024 | msn.comCowboys’ Micah Parsons makes big OTA decision after supposed contract holdoutMay 29, 2024 | msn.comAnthony Edwards promises new shoes for Micah Parsons, says Timberwolves will force Game 6 vs. MavericksMay 29, 2024 | msn.comAnthony Edwards, Micah Parsons make bet: ‘I’ll bring him back some nice shoes’May 29, 2024 | msn.comTimberwolves’ Anthony Edwards hits Micah Parsons with guarantee after Game 4 winMay 28, 2024 | msn.comJim Parsons discusses potential return as Sheldon Cooper in 'The Big Bang Theory' sequelMay 28, 2024 | msn.comMicah Parsons Rockin' Right Jersey Wrong Shoes at AACMay 28, 2024 | globenewswire.comFederal Way Link Extension (FWLE) Project Receives Envision Platinum Sustainability AwardMay 28, 2024 | msn.comJim Parsons Opens Up About Potential ‘Big Bang Theory’ SequelMay 28, 2024 | msn.comThatcham Parsons Down Partnership presented Environmental Champion AwardMay 28, 2024 | msn.comJim Parsons’ disappointing Big Bang Theory return conditionMay 28, 2024 | msn.comJim Parsons Discusses Potential Return to Sheldon Cooper Character from ‘The Big Big Theory’May 28, 2024 | msn.comMicah Parsons Brings ‘No Excuse' Rule From Cowboys to B/RMay 27, 2024 | msn.comJim Parsons Breaks Silence on Possibility of Reprising His ‘Big Bang Theory’ Role for a SequelMay 27, 2024 | finance.yahoo.comCan Mixed Financials Have A Negative Impact on Parsons Corporation's 's (NYSE:PSN) Current Price Momentum?May 27, 2024 | msn.comThe Birth of Greatness: Ranking Micah Parsons' Cowboys Accomplishments As He Turns 25May 25, 2024 | sports.yahoo.comCowboys have personnel to make Micah Parsons a chess piece againMay 24, 2024 | msn.comWatch Micah Parsons high school highlightsMay 24, 2024 | msn.comJim Parsons Admits Filming The End Of Shows Like The Big Bang Theory And Young Sheldon Is 'Weird'May 23, 2024 | msn.comChandler Parsons makes a fool of himself by comparing Luka Doncic to HOFerMay 23, 2024 | dallasnews.comChandler Parsons: Mavericks’ Luka Doncic is ‘already better than Larry Bird’May 23, 2024 | finance.yahoo.comParsons Named One of Forbes’ 2024 Best Employers for New GradsMay 23, 2024 | globenewswire.comParsons Named One of Forbes' 2024 Best Employers for New GradsMay 23, 2024 | msn.comFashion Legend Bethann Hardison Honored At 75th Annual Parsons BenefitMay 23, 2024 | msn.comMike McCarthy: Micah Parsons looks great, he hasn’t missed anythingMay 23, 2024 | investorplace.com3 Little-Known AI Stocks That Could Be the Next Big ThingSee 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 Earnings5/01/2024Today6/02/2024Next 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+9.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio423.08 Forward P/E Ratio29.63 P/E Growth2.3Net 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 / Sales2.05 Cash Flow$3.37 per share Price / Cash Flow22.58 Book Value$15.29 per share Price / Book4.98Miscellaneous Outstanding Shares146,750,000Free Float64,569,000Market Cap$11.18 billion OptionableNot Optionable Beta0.86 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsGoDaddyNYSE:GDDYLeidosNYSE:LDOSSamsaraNYSE:IOTJack Henry & AssociatesNASDAQ:JKHYCACI InternationalNYSE:CACIView All CompetitorsInstitutional OwnershipBurney Co.Bought 13,640 shares on 5/22/2024Ownership: 0.075%Castleark Management LLCSold 89,360 shares on 5/17/2024Ownership: 0.046%Tidal Investments LLCBought 10,279 shares on 5/17/2024Ownership: 0.007%Silvercrest Asset Management Group LLCSold 760 shares on 5/16/2024Ownership: 0.161%California State Teachers Retirement SystemSold 2,292 shares on 5/16/2024Ownership: 0.029%View All Institutional Transactions PSN Stock Analysis - Frequently Asked Questions Should I buy or sell Parsons stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsons in the last twelve months. There are currently 1 hold rating, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 12-month price objectives for Parsons' stock. Their PSN share price targets range from $65.00 to $100.00. On average, they anticipate the company's stock price to reach $83.10 in the next year. This suggests a possible upside of 9.1% 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 21.4% and is now trading at $76.15. 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 quarterly earnings data on Wednesday, May, 1st. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.04. The business earned $1.54 billion during the quarter, compared to analysts' expectations of $1.37 billion. Parsons had a trailing twelve-month return on equity of 11.27% and a net margin of 0.49%. 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), SPDR Kensho Future Security ETF (FITE), Hypatia Women CEO ETF (WCEO), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), First Trust Mid Cap Growth AlphaDEX Fund (FNY) and Burney U.S. Factor Rotation ETF (BRNY). 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 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? Parsons' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.29%), Earnest Partners LLC (1.44%), Principal Financial Group Inc. (0.95%), Allspring Global Investments Holdings LLC (0.54%), Allspring Global Investments Holdings LLC (0.54%) and Hennessy Advisors Inc. (0.41%). 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 6/2/2024 by MarketBeat.com Staff From Our PartnersTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBiden replacement revealed?Paradigm PressWarren Buffett, Jeff Bezos, Michael Bloomberg, & 48 Members of Congress Are Buying ONE Sector…InvestorPlaceExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsHow Biden has already won 2024Porter & CompanyThis unknown company solves the biggest issue with AIManward Press 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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