NYSE:PSN Parsons (PSN) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free PSN Stock Alerts $77.80 -0.76 (-0.97%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$77.46▼$79.3350-Day Range$67.45▼$84.2852-Week Range$42.22▼$85.44Volume607,507 shsAverage Volume906,473 shsMarket Capitalization$8.23 billionP/E Ratio54.79Dividend YieldN/APrice Target$77.78 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/Downside0.0% Downside$77.78 Price TargetShort InterestHealthy4.00% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.21Based on 25 Articles This WeekInsider TradingN/AProj. Earnings Growth15.69%From $2.55 to $2.95 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.2.78 out of 5 starsBusiness Services Sector154th out of 293 stocksComputer Integrated Systems Design Industry13th out of 34 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 Shorted4.00% 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 4.4.Change versus previous monthShort interest in Parsons has recently decreased by 3.20%, 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 1.8 News and Social Media Coverage News SentimentParsons has a news sentiment score of 0.21. 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 0.52 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 25 news articles for Parsons this week, compared to 19 articles on an average week.Search InterestOnly 14 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.MarketBeat FollowsOnly 17 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is a decrease of -19% 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 15.69% in the coming year, from $2.55 to $2.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parsons is 54.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 54.79, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 34.69.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 3.43. 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 Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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 19, 2024 | msn.comDarkest Dungeon II Coming to PlayStation 4, 5 This SummerApril 19, 2024 | dallasnews.comWatch: Cowboys’ Micah Parsons tests endurance, trades gut punches with boxer in workoutApril 18, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 18, 2024 | msn.comWatch: Cowboys star Micah Parsons tries to trade punches with professional fighterApril 18, 2024 | msn.comCould the Bucs steal the next Micah Parsons in the 1st round?April 18, 2024 | msn.comWatch Dallas Cowboys star Micah Parsons trade punches with a professional fighterApril 17, 2024 | msn.comDallas Cowboys' Micah Parsons Missing at The Star; Better Off Working on His Own?April 17, 2024 | americanbankingnews.comParsons (NYSE:PSN) Price Target Raised to $81.00 at The Goldman Sachs GroupApril 18, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 16, 2024 | msn.comReport: Micah Parsons’ decision to skip voluntary workouts not about contractApril 16, 2024 | cowboyswire.usatoday.comReport: Micah Parsons' absence from Cowboys workouts not contract-relatedApril 16, 2024 | msn.comMicah Parsons’ decision to skip start of Cowboys’ offseason workouts is not about moneyApril 16, 2024 | sports.yahoo.comParsons, Lamb not at voluntary offseason workoutApril 16, 2024 | nj.comKisselbach and Parsons combine to lead P-burg to shutout over Warren Hills - Baseball recapApril 15, 2024 | cowboyswire.usatoday.comMicah Parsons also skips first day of Cowboys' offseason workApril 15, 2024 | msn.comCowboys Superstar LB Micah Parsons Is Begging His Coaches To Let Him Play A New PositionApril 15, 2024 | msn.comCowboys’ Micah Parsons Floats Idea of His Returning KickoffsApril 15, 2024 | msn.comMicah Parsons not at Cowboys’ first day of voluntary offseason workApril 15, 2024 | globenewswire.comParsons Selected to Design the Future Newark Bay Bridge, Advancing Transportation throughout New JerseyApril 14, 2024 | msn.comColumbus police release photo of person suspected of killing man at Parsons Avenue bus stopApril 14, 2024 | msn.com‘The Big Bang Theory’ Star Jim Parsons Agrees That Michael Keaton Would Make A Great Older SheldonApril 13, 2024 | msn.comBig Bang Theory's Jim Parsons responds to fan spin-off requestApril 13, 2024 | msn.comCowboys assistant makes a potentially too-bold claim about Micah ParsonsApril 13, 2024 | msn.comCowboys special teams coordinator would 'love' to see Micah Parsons return kickoffsApril 12, 2024 | msn.comAlleged 'bicycle bandit' Kym Parsons, who is accused of 10 bank robberies, pleads not guiltyApril 12, 2024 | msn.comWould the Dallas Cowboys trade Micah Parsons to an NFC East rival? Who? Why?April 11, 2024 | finance.yahoo.comParsons to Support Clients in Addressing PFAS and Achieving EPA’s National PFAS Drinking Water RegulationsSee 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 Earnings2/14/2024Today4/18/2024Next 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$77.78 High Stock Price Target$100.00 Low Stock Price Target$65.00 Potential Upside/Downside0.0%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.42 Trailing P/E Ratio54.79 Forward P/E Ratio30.51 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 / Sales1.51 Cash Flow$3.32 per share Price / Cash Flow23.40 Book Value$22.66 per share Price / Book3.43Miscellaneous Outstanding Shares105,830,000Free Float46,565,000Market Cap$8.23 billion OptionableNot Optionable Beta0.85 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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:KDFutuNASDAQ:FUTUDuolingoNASDAQ:DUOLCoherentNYSE:COHRConfluentNASDAQ:CFLTView All CompetitorsInstitutional OwnershipAllspring Global Investments Holdings LLCSold 360,608 shares on 4/18/2024Ownership: 0.535%Seaside Wealth Management Inc.Bought 14,943 shares on 4/18/2024Ownership: 0.014%AlphaMark Advisors LLCBought 4,855 shares on 4/18/2024Ownership: 0.005%First Bank & TrustSold 185 shares on 4/17/2024Ownership: 0.004%Sunburst Financial Group LLCBought 5,998 shares on 4/16/2024Ownership: 0.006%View All Institutional Transactions PSN Stock Analysis - Frequently Asked Questions Should I buy or sell Parsons stock right now? 9 Wall Street equities research 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 equities research 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 Wall Street analysts have issued 12-month target prices for Parsons' shares. Their PSN share price targets range from $65.00 to $100.00. On average, they predict the company's stock price to reach $77.78 in the next year. This suggests that the stock has a possible downside of 0.0%. 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 start of the year. Since then, PSN stock has increased by 24.1% and is now trading at $77.80. 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 data on Wednesday, February, 14th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.13. The firm had revenue of $1.50 billion for 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 firm's revenue was up 36.4% on a year-over-year basis. During the same period last year, the company earned $0.45 EPS. What ETFs hold Parsons' stock? ETFs with the largest weight of Parsons (NYSE:PSN) stock in their portfolio include VictoryShares Protect America ETF (SHLD), SPDR S&P Kensho Intelligent Structures ETF (SIMS), First Trust Indxx Aerospace & Defense ETF (MISL), Amplify Cybersecurity ETF (HACK), SPDR Kensho Future Security ETF (FITE), AlphaMark Actively Managed Small Cap ETF (SMCP), Hypatia Women CEO ETF (WCEO) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). 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 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 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%), Seaside Wealth Management Inc. (0.01%), Sunburst Financial Group LLC (0.01%) and AlphaMark Advisors LLC (0.00%). 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 4/18/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTIBiden replacement revealed?Paradigm PressHe Is Giving Away BitcoinCrypto Swap ProfitsYour Money is Not SafeAmerican AlternativeThe #1 Crypto for 2024InvestorPlaceTop 5 AI Stocks to Buy for 2024Market Moving TrendsHow Biden has already won 2024Porter & Company 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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