NYSE:PSN Parsons (PSN) Stock Price, News & Analysis $94.91 -0.43 (-0.45%) (As of 11:08 AM ET) Add Compare Share Share Today's Range$94.91▼$95.8850-Day Range$76.31▼$95.3452-Week Range$53.56▼$95.88Volume87,409 shsAverage Volume878,478 shsMarket Capitalization$10.08 billionP/E Ratio527.31Dividend YieldN/APrice Target$94.67 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/Downside0.3% Downside$94.67 Price TargetShort InterestHealthy5.57% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.30Based on 22 Articles This WeekInsider TradingN/AProj. Earnings Growth16.73%From $2.81 to $3.28 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.3.11 out of 5 starsBusiness Services Sector145th out of 300 stocksComputer Integrated Systems Design Industry13th out of 30 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 7 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.Read more about Parsons' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.57% of the float of Parsons has 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 decreased by 7.38%, indicating that investor sentiment is improving significantly. 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 2.9 News and Social Media Coverage News SentimentParsons has a news sentiment score of 0.30. 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 0.41 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Parsons this week, compared to 19 articles on an average week.Search Interest6 people have searched for PSN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows15 people have added Parsons to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 16.73% in the coming year, from $2.81 to $3.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parsons is 527.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 145.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsons is 527.31, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 41.91.Price to Earnings Growth RatioParsons has a PEG Ratio of 2.06. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsons has a P/B Ratio of 4.19. 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 MediaMassive Crypto Selloff = Historic OpportunityStocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year. Click here to get details on this opportunity 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 HeadlinesAugust 22 at 5:52 AM | msn.comHow Micah Parsons’ conversation with NFL OGs shifted Cowboys star’s leadership approachAugust 22 at 5:52 AM | msn.comVolunteers hope to restore Camp Parsons in Watertown, site of many memories for north Minneapolis childrenAugust 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 22 at 12:46 AM | msn.comCowboys' Micah Parsons reveals major goal for 2024 NFL seasonAugust 21 at 7:45 PM | msn.comUSAA Sweepstakes: Meet Cowboys' Micah Parsons and play Madden at AT&T StadiumAugust 21 at 2:40 PM | seekingalpha.comParsons: Simply Impressive Growth, But Still A HoldAugust 21 at 12:00 PM | fool.comThis Little-Known Artificial Intelligence (AI) Stock Is Up 50% in 2024. The Company Is an Nvidia Partner With Rising Profitability.August 20 at 4:05 PM | globenewswire.comParsons Awarded Lead Design Contract on $1.66B Honolulu Rail ProjectAugust 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 20 at 6:27 AM | msn.comParsons PD receives safety tool donation to boost officer visibilityAugust 19 at 8:10 PM | msn.comMicah Parsons Q&A: Cowboys star talks respect for military, giving back, preparing for season, and video gamesAugust 19 at 8:10 PM | msn.comParsons man arrested for possession of ‘child sexual abuse material’August 18, 2024 | finanznachrichten.deParsons Corporation: Parsons Completes Acquisition of BlackSignal TechnologiesAugust 18, 2024 | msn.comMicah Parsons floats ultimatum for Cowboys owner Jerry JonesAugust 18, 2024 | msn.comCould Dallas Cowboys' Micah Parsons Really Be An NFL Running Back? 'Hyperactive' TruthAugust 17, 2024 | ca.finance.yahoo.comPSN Mar 2025 90.000 callAugust 17, 2024 | msn.comParsons Introduces AI-Powered iNET Sidekick for Smarter Transportation ManagementAugust 17, 2024 | msn.comCowboys' Micah Parsons Reveals 'Offensive Dreams,' Offers Jerry Jones Joke UltimatumSee 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 Earnings2/14/2024Today8/22/2024Next Earnings (Estimated)11/06/2024Fiscal 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$94.67 High Stock Price Target$108.00 Low Stock Price Target$80.00 Potential Upside/Downside-0.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio529.70 Forward P/E Ratio33.93 P/E Growth2.07Net Income$161.15 million Net Margins0.89% Pretax Margin2.06% Return on Equity12.09% Return on Assets5.59% Debt Debt-to-Equity Ratio0.54 Current Ratio1.80 Quick Ratio1.80 Sales & Book Value Annual Sales$6.12 billion Price / Sales2.29 Cash Flow$3.45 per share Price / Cash Flow27.67 Book Value$21.84 per share Price / Book4.37Miscellaneous Outstanding Shares146,748,000Free Float64,569,000Market Cap$13.99 billion OptionableNot Optionable Beta0.81 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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 CompetitorsTrade DeskNASDAQ:TTDSnowflakeNYSE:SNOWAtlassianNASDAQ:TEAMElectronic ArtsNASDAQ:EADatadogNASDAQ:DDOGView All CompetitorsInstitutional OwnershipTruist Financial CorpSold 1,199,789 shares on 8/21/2024Ownership: 0.026%EP Wealth Advisors LLCSold 4,813 shares on 8/19/2024Ownership: 0.007%Susquehanna International Group LLPBought 3,300 shares on 8/16/2024Ownership: 0.000%Creative PlanningBought 2,198 shares on 8/16/2024Ownership: 0.007%Wellington Wealth Strategies LLC.Bought 2,788 shares on 8/16/2024Ownership: 0.003%View All Institutional Transactions 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 51.3% and is now trading at $94.91. View the best growth stocks for 2024 here. How were Parsons' earnings last quarter? Parsons Co. (NYSE:PSN) released its quarterly earnings results on Wednesday, July, 31st. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.18. The firm earned $1.67 billion during the quarter, compared to analyst estimates of $1.53 billion. Parsons had a trailing twelve-month return on equity of 12.09% and a net margin of 0.89%. 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 $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' top institutional shareholders include Newport Trust Company LLC (38.34%), Earnest Partners LLC (2.04%), Mackenzie Financial Corp (1.67%) and Dimensional Fund Advisors LP (0.82%). Insiders that own company stock include George L Ball, Carey A Smith 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. 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), Block (SQ), Cisco Systems (CSCO), Alibaba Group (BABA), Boeing (BA), Walt Disney (DIS) and Marvell Technology (MRVL). This page (NYSE:PSN) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could becom...DTI | SponsoredMillionaire Investor Warns: “Brace for Apple Collapse”Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. 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So please make some time ...The Oxford Club | Sponsored 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. Share Parsons With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. 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