Parsons Corporation (PSN)

NYSE: PSN · Real-Time Price · USD
65.04
+0.50 (0.78%)
Apr 17, 2025, 4:00 PM EDT - Market closed
0.78%
Market Cap 6.95B
Revenue (ttm) 6.75B
Net Income (ttm) 235.05M
Shares Out 106.78M
EPS (ttm) 2.12
PE Ratio 30.69
Forward PE 17.93
Dividend n/a
Ex-Dividend Date n/a
Volume 1,255,618
Open 64.25
Previous Close 64.53
Day's Range 64.25 - 65.68
52-Week Range 54.56 - 114.68
Beta 0.66
Analysts Strong Buy
Price Target 91.10 (+40.08%)
Earnings Date Apr 30, 2025

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. It operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment offers critical technologies, such as cyber; missile defense; intelligence; electronic warfare; space ground systems; space and weapon system resiliency; geospatial and signals intelligence; environmental remediation; border security and critical infrastructu... [Read more]

Sector Technology
IPO Date May 8, 2019
Employees 19,600
Stock Exchange NYSE
Ticker Symbol PSN
Full Company Profile

Financial Performance

In 2024, Parsons's revenue was $6.75 billion, an increase of 24.03% compared to the previous year's $5.44 billion. Earnings were $235.05 million, an increase of 45.86%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price forecast is $91.1, which is an increase of 40.08% from the latest price.

Price Target
$91.1
(40.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Parsons Selected for Southwest Florida International Airport Terminal Expansion

CHANTILLY, Va., April 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today it was selected by the Lee County Port Authority to provide project management services for Phase 1 o...

2 days ago - GlobeNewsWire

SealingTech Advances Customers' Missions with Next-Gen Defensive Cyber Solutions

COLUMBIA, Md. , April 15, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider for U.S. national...

3 days ago - PRNewsWire

Parsons Wins Seat on $1.5 Billion Air Force Civil Engineering Center Environmental Services Contract Addressing PFAS

CHANTILLY, Va., April 14, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on a $1.5 billion indefinite-delivery, indefinite-quantity multip...

4 days ago - GlobeNewsWire

Parsons Awarded $24 Million Naval Medical Research Command Biodefense Contract

CHANTILLY, Va., April 07, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a biological defense research contract to advance the Naval Medical Rese...

11 days ago - GlobeNewsWire

Parsons to Announce First Quarter 2025 Financial Results on April 30, 2025

CHANTILLY, Va., April 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release first quarter 2025 financial results before the markets open on Wednesday, April 30, 2025. The company w...

14 days ago - GlobeNewsWire

Parsons Selected for PFAS Investigation and Remedy Development at Tucson International Airport

CHANTILLY, Va., April 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced that the company was selected by Tucson Airport Authority (TAA), operator of Tucson International Airport (...

16 days ago - GlobeNewsWire

Parsons' Board Approves $250 Million Share Repurchase Authorization

CHANTILLY, Va., March 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that its board of directors has increased the company's stock repurchase authorization to $250 millio...

24 days ago - GlobeNewsWire

Parsons to Present at the Bank of America Global Industrials Conference

CHANTILLY, Va., March 13, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Bank of America Global Industrials Conference in London, England. Carey Smith, chair, president, ...

5 weeks ago - GlobeNewsWire

SealingTech Awarded Prototype Agreement from the Department of Defense

COLUMBIA, Md. , March 12, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider for U.S. national...

5 weeks ago - PRNewsWire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Bronstein, Gewirtz & Grossman, LLC (PSN) And Encourages Stockholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 11, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") ...

5 weeks ago - Accesswire

Parsons Honored as One of the World's Most Ethical Companies for the 16th Consecutive Year

CHANTILLY, Va., March 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been recognized by Ethisphere, a global leader in defining and advancing the standards of...

5 weeks ago - GlobeNewsWire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corporation (PSN) And Encourages Shareholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 10, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") ...

5 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Parsons Corporation (PSN) And Encourages Shareholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / March 9, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (...

5 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Parsons Corporation (PSN) and Encourages Shareholders to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (...

6 weeks ago - Accesswire

Parsons Corporation (PSN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (...

6 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Parsons Corporation (PSN) and Encourages Investors to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 5, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (...

6 weeks ago - Accesswire

Claroty Partners with Parsons' SealingTech to Deliver Federal Cyber Protection Team Solution

Collaboration provides a joint solution that empowers Cyber Protection Teams to address the challenges of securing OT and CPS networks in the field NEW YORK , March 5, 2025 /PRNewswire/ -- Claroty , t...

6 weeks ago - PRNewsWire

Parsons Corporation (PSN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 4, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (...

6 weeks ago - Accesswire

Bragar Eagel & Squire, P.C. Is Investigating Parsons and Perpetua and Encourages Investors to Contact the Firm

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Parsons Corporation and Perpetu...

Other symbols: PPTA
6 weeks ago - GlobeNewsWire

Parsons Unveils Advanced ZEUS Directed Energy System on Next-Gen JLTV Platform, Enhancing Military Capability

AI-Powered Targeting Sensor Enhances Rapid and Precise Target Identification AI-Powered Targeting Sensor Enhances Rapid and Precise Target Identification

6 weeks ago - GlobeNewsWire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corporation (PSN) And Encourages Investors to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 3, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (...

6 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages Parsons Corporation (PSN) Stockholders to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 2, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (...

6 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Parsons Corporation (PSN) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / February 28, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company...

7 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corporation (PSN) And Encourages Stockholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / February 27, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company...

7 weeks ago - Accesswire

Parsons to Present at the Raymond James 46th Annual Institutional Investors Conference

CHANTILLY, Va., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Raymond James 46th Annual Institutional Investors Conference. Carey Smith, chair, president, and c...

7 weeks ago - GlobeNewsWire