NYSE:PSN Parsons (PSN) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Buy PSN with Qtrade Free PSN Stock Alerts $82.95 +0.27 (+0.33%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$82.31▼$83.8150-Day Range$65.16▼$83.3952-Week Range$42.22▼$84.19Volume1.00 million shsAverage Volume1.10 million shsMarket Capitalization$8.78 billionP/E Ratio58.42Dividend YieldN/APrice Target$73.22 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/Downside11.7% Downside$73.22 Price TargetShort InterestBearish4.13% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.11Based on 3 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.1.47 out of 5 starsBusiness Services Sector222nd out of 310 stocksComputer Integrated Systems Design Industry24th out of 36 stocks 1.4 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.22, Parsons has a forecasted downside of 11.7% from its current price of $82.95.Amount of Analyst CoverageParsons has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.13% 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 5.1.Change versus previous monthShort interest in Parsons has recently increased by 3.31%, indicating that investor sentiment is decreasing. 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 1.7 News and Social Media Coverage News SentimentParsons has a news sentiment score of 0.11. 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 0.62 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Parsons this week, compared to 18 articles on an average week.Search InterestOnly 12 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat Follows19 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is an increase of 111% 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 58.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 58.42, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 38.36.Price to Earnings Growth RatioParsons has a PEG Ratio of 3.64. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsons has a P/B Ratio of 3.66. 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 Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… 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 HeadlinesMarch 29, 2024 | yahoo.comJessica Lange, Jim Parsons talk 'Mother Play's queer family dynamicsMarch 29, 2024 | msn.comThe Meaning Behind “Time” by The Alan Parsons Project and Why It Might Be Co-Founder Eric Woolfson’s Finest MomentMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 26, 2024 | globenewswire.comParsons Continues US Air Force Research and Development Support Through $28 Million Task OrderMarch 26, 2024 | msn.comMarch scholar-athlete: Maryvale’s Dylan ParsonsMarch 21, 2024 | yahoo.comJim Parsons Talks Reprising 'Big Bang Theory' Role for 'Young Sheldon' Series Finale | THR News VideoMarch 21, 2024 | news.yahoo.comParsons felon arrested again on domestic related chargesMarch 21, 2024 | nasdaq.comPSN Quantitative Stock AnalysisMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 21, 2024 | msn.comBryce Parsons ton helps Dolphins to victory over TitansMarch 20, 2024 | msn.comJim Parsons Talks Reprising His 'Big Bang Theory' Role for 'Young Sheldon' Series Finale (Exclusive)March 19, 2024 | msn.comMicah Parsons Reacts To Leighton Vander Esch Retirement: What Cowboys Will Now 'Miss'March 18, 2024 | ca.finance.yahoo.comPSN Apr 2024 50.000 callMarch 18, 2024 | msn.comCowboys’ Micah Parsons Has Strong Warning on Leighton Vander Esch RetirementMarch 18, 2024 | msn.comMicah Parsons Saddened By Cowboys Teammate's RetirementMarch 18, 2024 | globenewswire.comNOAA Selects Parsons as System Integrator for Traffic Coordination System for SpaceMarch 17, 2024 | finance.yahoo.comPSN Jun 2024 100.000 callMarch 16, 2024 | msn.comDallas Cowboys grant Micah Parsons offseason wish with signing of former All-ProMarch 13, 2024 | yahoo.comGP Presents the Alan Parsons Live Project, March 21 in Oakland, California – win ticketsMarch 12, 2024 | msn.comCowboys Star Micah Parsons Sends 1-Word Message to Saquon BarkleyMarch 12, 2024 | globenewswire.comParsons Wins Position on $1B Contract Supporting DC Metro ProjectsMarch 11, 2024 | msn.com'Sickening!' Cowboys' Micah Parsons Reacts to Saquon Barkley Signing: Dallas NFL Free Agency TrackerMarch 11, 2024 | msn.comMicah Parsons stunned by Packers’ NFL free agency ‘disrespect’March 11, 2024 | finance.yahoo.comA Look At The Fair Value Of Parsons Corporation (NYSE:PSN)March 10, 2024 | finance.yahoo.comPSN Mar 2024 90.000 putMarch 10, 2024 | msn.comMicah Parsons' 2024 'promise' will have Cowboys fans thinking Super BowlMarch 10, 2024 | msn.com‘Parsons’ Promise’: Dallas Cowboys Fans Get Micah Vow for Next SeasonSee 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 Earnings2/14/2024Today3/29/2024Next Earnings (Estimated)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$73.22 High Stock Price Target$85.00 Low Stock Price Target$51.00 Potential Upside/Downside-11.7%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.42 Trailing P/E Ratio58.42 Forward P/E Ratio32.53 P/E Growth3.64Net 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 / Sales1.61 Cash Flow$3.44 per share Price / Cash Flow24.08 Book Value$22.66 per share Price / Book3.66Miscellaneous Outstanding Shares105,830,000Free Float46,565,000Market Cap$8.78 billion OptionableNot Optionable Beta0.85 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMs. Carey A. Smith (Age 60)President, CEO & Chairwoman Comp: $3.36MMr. Matthew OfilosChief Financial OfficerMr. 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 SpilleVice President of Investor RelationsMr. Jason YaleyChief Communications OfficerMr. Pierre SantoniPresident of Infrastructure EMEAMs. Dana TurturroSenior Vice President of Talent AcquisitionMore ExecutivesKey CompetitorsKyndrylNYSE:KDAurora InnovationNASDAQ:AURFutuNASDAQ:FUTURobert HalfNYSE:RHICoherentNYSE:COHRView All CompetitorsInstitutional OwnershipNomura Holdings Inc.Sold 52,126 shares on 3/27/2024Ownership: 0.026%Quadrature Capital LtdBought 4,091 shares on 3/25/2024Ownership: 0.023%PNC Financial Services Group Inc.Sold 904 shares on 3/22/2024Ownership: 0.003%Healthcare of Ontario Pension Plan Trust FundSold 344,900 shares on 3/21/2024Ownership: 0.160%Hennessy Advisors Inc.Bought 383,700 shares on 3/14/2024Ownership: 0.363%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 twelve months. 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 brokers have issued 1-year price targets for Parsons' stock. Their PSN share price targets range from $51.00 to $85.00. On average, they expect the company's stock price to reach $73.22 in the next year. This suggests that the stock has a possible downside of 11.7%. 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 32.3% and is now trading at $82.95. View the best growth stocks for 2024 here. Are investors shorting Parsons? Parsons saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 4,230,000 shares, an increase of 28.6% from the February 14th total of 3,290,000 shares. Based on an average trading volume of 784,000 shares, the short-interest ratio is presently 5.4 days. View Parsons' Short Interest. 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 were Parsons' earnings last quarter? Parsons Co. (NYSE:PSN) announced its quarterly 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 earned $1.50 billion during the quarter, compared to analyst estimates of $1.33 billion. Parsons had a trailing twelve-month return on equity of 10.32% and a net margin of 2.96%. Parsons's revenue for the quarter was up 36.4% compared to the same quarter last year. During the same quarter last year, the firm 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 SPDR S&P Aerospace & Defense ETF (XAR), VictoryShares Protect America ETF (SHLD), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Amplify Cybersecurity ETF (HACK), First Trust Indxx Aerospace & Defense ETF (MISL), SPDR Kensho Future Security ETF (FITE), iShares U.S. Aerospace & Defense ETF (ITA) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM). 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 earnings per share 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 IPO 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 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 a number of retail and institutional investors. Top institutional shareholders include Newport Trust Company LLC (56.24%), Vanguard Group Inc. (3.93%), Vanguard Group Inc. (3.90%), Mackenzie Financial Corp (1.67%), Dimensional Fund Advisors LP (1.33%) and Channing Capital Management LLC (0.97%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & 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. 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