Parsons Corporation (PSN)

Market Cap	10.12B
Revenue (ttm)	6.51B
Net Income (ttm)	78.68M
Shares Out	106.19M
EPS (ttm)	0.72
PE Ratio	132.70
Forward PE	25.38
Dividend	n/a
Ex-Dividend Date	n/a

Volume	757,816
Open	94.66
Previous Close	94.42
Day's Range	93.23 - 95.36
52-Week Range	61.10 - 114.68
Beta	0.80
Analysts	Strong Buy
Price Target	102.11 (+7.15%)
Earnings Date	Oct 30, 2024

About 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, crit...

• Industry: Information Technology Services
• Sector: Technology
• IPO Date: May 8, 2019
• Employees: 18,500
• Stock Exchange: NYSE
• Ticker Symbol: PSN
• Website: https://www.parsons.com

Financial Performance

In 2023, Parsons's revenue was $5.44 billion, an increase of 29.74% compared to the previous year's $4.20 billion. Earnings were $161.15 million, an increase of 66.71%.

Analyst Forecast

According to 9 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price forecast is $102.11, which is an increase of 7.15% from the latest price.

Price Target

$102.11

(7.15% upside)

Analyst Consensus: Strong Buy