Parsons Corporation (PSN)

Market Cap	8.12B
Revenue (ttm)	5.80B
Net Income (ttm)	28.24M
Shares Out	106.16M
EPS (ttm)	0.18
PE Ratio	425.11
Forward PE	24.71
Dividend	n/a
Ex-Dividend Date	n/a

Volume	938,026
Open	78.18
Previous Close	77.75
Day's Range	76.08 - 78.18
52-Week Range	48.25 - 85.44
Beta	0.81
Analysts	Strong Buy
Price Target	85.50 (+11.74%)
Earnings Date	Jul 31, 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

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 10 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price forecast is $85.5, which is an increase of 11.74% from the latest price.

Price Target

$85.5

(11.74% upside)

Analyst Consensus: Strong Buy