Top-Rated StocksTop-RatedNYSE:PSN Parsons (PSN) Stock Price, News & Analysis → This Wall Street stock prediction just went viral (From Chaikin Analytics) (Ad) Free PSN Stock Alerts $77.42 +0.59 (+0.77%) (As of 05/15/2024 ET) Add Compare Share Share Today's Range$76.80▼$78.2650-Day Range$76.76▼$84.2852-Week Range$42.79▼$85.44Volume818,770 shsAverage Volume879,972 shsMarket Capitalization$11.36 billionP/E Ratio430.14Dividend YieldN/APrice Target$83.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Parsons alerts: Email Address Parsons MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside7.3% Upside$83.10 Price TargetShort InterestBearish2.80% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.23Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth15.56%From $2.57 to $2.97 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.2.23 out of 5 starsBusiness Services Sector203rd out of 317 stocksComputer Integrated Systems Design Industry17th out of 36 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 2.0 Short Interest Percentage of Shares Shorted2.80% 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 4.1.Change versus previous monthShort interest in Parsons has recently increased by 1.73%, 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 1.8 News and Social Media Coverage News SentimentParsons has a news sentiment score of 0.23. 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 0.58 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Parsons this week, compared to 20 articles on an average week.Search InterestOnly 6 people have searched for PSN on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat Follows13 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is an increase of 44% 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 15.56% in the coming year, from $2.57 to $2.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parsons is 430.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 136.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 430.14, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 20.72.Price to Earnings Growth RatioParsons has a PEG Ratio of 2.85. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsons has a P/B Ratio of 5.06. 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 Crypto 101 MediaA ‘DeFi Summer’ Projected!Top analysts are predicting DeFi coins to see massive gains in the coming months… During this dubbed ‘DeFi Summer…’ A coin that has been called the “DeFi pioneer” is poised to shoot up 3-7x!Just click here to learn how you can access this coin right 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 HeadlinesMay 15 at 7:44 PM | cowboyswire.usatoday.comCowboys News: Parsons inks extensions, NFL schedule leaksMay 15 at 7:44 PM | nytimes.comReview: Parsons Dance Spins and Darts Through Miles DavisMay 15 at 7:44 PM | msn.comDallas Cowboys Player Micah Parsons Named President of B/R Gridiron, Signs Multi-Year Extension With Bleacher ReportMay 15 at 2:38 AM | dallasnews.comCowboys’ Micah Parsons keeps busy offseason rolling with new brand deal, off-field gigMay 15 at 2:38 AM | cowboyswire.usatoday.comCowboys' Micah Parsons signs partnership deal with AdidasMay 13 at 6:25 AM | globenewswire.comParsons Celebrates 80 Years of Infrastructure ExcellenceMay 9, 2024 | globenewswire.comParsons To Design Advanced Rapid Transit System in San AntonioMay 8, 2024 | globenewswire.comParsons Receives Innovation Transportation Solutions Award from WTS ColoradoMay 7, 2024 | prnewswire.comSealingTech Powers Up Missions with Its SN 4500May 6, 2024 | americanbankingnews.comRobert W. Baird Increases Parsons (NYSE:PSN) Price Target to $89.00May 6, 2024 | markets.businessinsider.comGoldman Sachs Keeps Their Hold Rating on Parsons (PSN)May 6, 2024 | americanbankingnews.comParsons Co. (NYSE:PSN) Receives Average Recommendation of "Buy" from AnalystsMay 4, 2024 | msn.comTD Cowen Upgrades Parsons (PSN)May 2, 2024 | msn.comRaymond James Upgrades Parsons (PSN)May 2, 2024 | msn.comMicah Parsons is undeniably fed up with the Cowboys’ playoff failuresMay 2, 2024 | finance.yahoo.comParsons Corp (PSN) Q1 2024 Earnings Call Transcript Highlights: Stellar Growth and Strategic WinsMay 2, 2024 | finance.yahoo.comParsons First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 2, 2024 | finance.yahoo.comThose who invested in Parsons (NYSE:PSN) five years ago are up 158%May 2, 2024 | gurufocus.comQ1 2024 Parsons Corp Earnings Call TranscriptMay 1, 2024 | msn.comParsons High School seniors honored in academic signing ceremonyMay 1, 2024 | msn.comParsons upgraded at Raymond James on federal budget certaintyMay 1, 2024 | markets.businessinsider.comWhat Analysts Are Saying About Parsons Corp StockMay 1, 2024 | msn.comPSN Stock Earnings: Parsons Corp Beats EPS, Beats Revenue for Q1 2024May 1, 2024 | finance.yahoo.comParsons Corp (PSN) Q1 2024 Earnings: Surpasses Revenue Forecasts Despite Net LossMay 1, 2024 | globenewswire.comParsons Reports Strong First Quarter 2024 ResultsSee 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 Earnings2/14/2024Today5/15/2024Next 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+7.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio430.47 Forward P/E Ratio30.15 P/E Growth2.85Net 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 / Sales2.09 Cash Flow$3.40 per share Price / Cash Flow22.76 Book Value$15.29 per share Price / Book5.07Miscellaneous Outstanding Shares146,750,000Free Float64,569,000Market Cap$11.37 billion OptionableNot Optionable Beta0.86 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 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:KDAurora InnovationNASDAQ:AURWPPNYSE:WPPUiPathNYSE:PATHElasticNYSE:ESTCView All CompetitorsInstitutional OwnershipAppian Way Asset Management LPBought 33,200 shares on 5/15/2024Ownership: 0.036%Price T Rowe Associates Inc. MDSold 957 shares on 5/15/2024Ownership: 0.016%Quadrature Capital LtdSold 819 shares on 5/15/2024Ownership: 0.016%Lazard Asset Management LLCSold 1,205 shares on 5/15/2024Ownership: 0.003%PEAK6 Investments LLCSold 51,200 shares on 5/15/2024Ownership: 0.000%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 year. 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 brokers have issued 12 month price targets for Parsons' stock. Their PSN share price targets range from $65.00 to $100.00. On average, they anticipate the company's share price to reach $83.10 in the next year. This suggests a possible upside of 7.3% 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 at the beginning of 2024. Since then, PSN shares have increased by 23.5% and is now trading at $77.42. 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, February, 14th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. The company earned $1.50 billion during the quarter, compared to analysts' expectations of $1.33 billion. Parsons had a net margin of 0.49% and a trailing twelve-month return on equity of 11.27%. The company's revenue for the quarter was up 36.4% compared to the same quarter last year. During the same quarter in the previous year, the company 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 Global X Defense Tech ETF (SHLD), SPDR S&P Kensho Intelligent Structures ETF (SIMS), First Trust Indxx Aerospace & Defense ETF (MISL), Pinnacle Focused Opportunities ETF (FCUS), 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, 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 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 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 number of institutional and retail investors. Top institutional investors 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. 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