Parsons Corporation (PSN)

Market Cap	6.35B
Revenue (ttm)	6.75B
Net Income (ttm)	235.05M
Shares Out	106.78M
EPS (ttm)	2.12
PE Ratio	28.04
Forward PE	16.10
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,972,863
Open	61.24
Previous Close	61.95
Day's Range	57.86 - 61.28
52-Week Range	57.86 - 114.68
Beta	0.73
Analysts	Strong Buy
Price Target	97.50 (+63.89%)
Earnings Date	Feb 19, 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. 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 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%.

Analyst Forecast

According to 12 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price forecast is $97.5, which is an increase of 63.89% from the latest price.

Price Target

$97.5

(63.89% upside)

Analyst Consensus: Strong Buy