Parsons Corporation (PSN)
| Market Cap | 3.88B |
| Revenue (ttm) | 3.99B |
| Net Income (ttm) | 90.65M |
| Shares Out | 100.72M |
| EPS (ttm) | 0.89 |
| PE Ratio | 43.13 |
| Forward PE | 16.78 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 22 |
| Last Price | $38.56 |
| Previous Close | $38.22 |
| Change ($) | 0.34 |
| Change (%) | 0.89% |
| Day's Open | 38.00 |
| Day's Range | 37.78 - 38.58 |
| Day's Volume | 200,540 |
| 52-Week Range | 25.31 - 45.03 |
CENTREVILLE, Va., Jan. 18, 2021 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) will release fourth quarter and fiscal year 2020 financial results before the markets open on Wednesday, February...
SAN DIEGO, CA / ACCESSWIRE / January 5, 2021 / RF Industries, Ltd. (NASDAQ:RFIL), a national manufacturer and marketer of interconnect products and systems, today announced it has appointed Ma...
CENTREVILLE, Va., Dec. 28, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected to provide bridge expertise on numerous projects in Illinois,...
CENTREVILLE, Va., Dec. 18, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that NJ TRANSIT (NJT) has completed the final deployment of its Positive Train Control (PTC) sys...
CENTREVILLE, Va., Dec. 9, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the Southern Nevada Water Authority (SNWA) to continue prov...
CENTREVILLE, Va., Dec. 8, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been awarded a $32 million contract by the San Bernardino County Transportat...
CENTREVILLE, Va., Dec. 3, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) was awarded a four-year, $37 million contract by Naval Facilities Engineering Command Southwest (NAVFAC SW) to su...
CENTREVILLE, Va., Dec. 2, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today the creation of an organically developed series of Cloud Native Stream Platforms that deliver gov...
CENTREVILLE, Va., Dec. 1, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) is proud to announce the addition of John Felker to the company's federal strategic advisory board. Felker previo...
CENTREVILLE, Va., Nov. 19, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected to provide program management for the City and County of Denv...
CENTREVILLE, Va., Nov. 18, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company was recognized with a Gold Award for Infrastructure by the Canadian Council for...
CENTREVILLE, Va., Nov. 17, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by Houston Airports to support infrastructure projects and ot...
CENTREVILLE, Va., Nov. 16, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that it has eclipsed more than $200 million in other transaction awards (OTAs) from the U.S. Dep...
CENTREVILLE, Va., Nov. 10, 2020 /PRNewswire/ -- Forbes has recognized Parsons Corporation (NYSE: PSN) as one of the World's Best Employers in 2020. The final list is composed of 750 multinatio...
Parsons Corporation (PSN) CEO Chuck Harrington on Q3 2020 Results - Earnings Call Transcript
Parsons (PSN) delivered earnings and revenue surprises of 9.62% and -0.78%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Parsons Corp (NYSE:PSN) rose 0.1% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 7.55% year over year to $0.57, which bea...
CENTREVILLE, Va., Nov. 4, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) today announced financial results for the third quarter ended September 30, 2020. CEO Commentary "We delivered st...
Defense stocks were among the sectors that were seen as getting a big boost when Donald Trump was elected president. With the 2020 presidential election underway, investors are trying to decid...
Parsons (PSN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CENTREVILLE, Va., Oct. 12, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the Southern California Regional Rail Authority (SCRRA) as...
CENTREVILLE, Va., Oct. 12, 2020 /PRNewswire/ --Parsons Corporation (NYSE: PSN) was awarded the SharkSeer 2.0 task order under the Defense Information Systems Agency's (DISA) Systems Engineerin...
CENTREVILLE, Va., Oct. 1, 2020 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) has been awarded a $50.6 million, six-year contract by the U.S. Air Force for the manufacturing, integration and s...
CENTREVILLE, Va., Sept. 24, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the Bay Area Rapid Transit District (BART) to support imp...
CENTREVILLE, Va., Sept. 21, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) has been selected for three task orders totaling $69 million under the company's Global Application Research, D...
CENTREVILLE, Va., Sept. 17, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) was presented with the 2021 Military Friendly® Employer Silver designation by VIQTORY Media, publisher of G.I. ...
CENTREVILLE, Va., Sept. 10, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) will present at the Morgan Stanley Virtual 8th Annual Laguna Conference.
CENTREVILLE, Va., Sept. 4, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) was presented with the 2020 Corporate Growth Award for deal of the year over $250 million for the company's init...
Jefferies' Steven Desanctis on why investors should look beyond Big Tech
Steven Desanctis, Jefferies U.S. small mid-cap strategist managing director, joins 'Power Lunch' to discuss why investors can look to invest in names beyond Big Tech.
CENTREVILLE, Va., Aug. 18, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) has completed all necessary steps to begin the treatment of radioactive waste at the Department of Energy's (DOE...
CENTREVILLE, Va., Aug. 17, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) (the "Company") announced today the pricing of its private offering of $350.0 million aggregate principal amount...
Parsons Corporation (PSN) CEO Chuck Harrington on Q2 2020 Results - Earnings Call Transcript
CENTREVILLE, Va., Aug. 7, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today the promotion of Hector Cuevas to executive vice president, missile defense and C5ISR market leader.
Parsons (PSN) delivered earnings and revenue surprises of 2.08% and -1.22%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
CENTREVILLE, Va., Aug. 5, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) today announced financial results for the second quarter ended June 30, 2020.
CENTREVILLE, Va., Aug. 3, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) has been awarded the James S.
CENTREVILLE, Va., July 30, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) will present at the Jefferies Virtual Industrials Conference.
Parsons (PSN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CENTREVILLE, Va., July 28, 2020 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) has been named a Top 50 employer in science, technology, engineering and math (STEM) diversity for the fifth cons...
CENTREVILLE, Va., July 27, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that Chief Executive Officer Chuck Harrington has been named to the Quality of Life Plus (QL+) B...
CENTREVILLE, Va., July 21, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) and Neology, Inc.
CENTREVILLE, Va., July 6, 2020 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) was awarded a $178 million, five-year indefinite delivery/indefinite quantity (ID/IQ) contract by the Intelligence...
CENTREVILLE, Va., June 29, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today the appointments of Gen. Darren W. McDew, U.S. Air Force (ret.), and David C. Wajsgras to the co...
CENTREVILLE, Va., June 15, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) today announced Grid Armor™, a predictive resiliency solution that helps utility companies improve operational e...
CENTREVILLE, Va., June 10, 2020 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) has been awarded a $950,000,000 ceiling indefinite-delivery/indefinite-quantity contract for the maturation, demo...
CENTREVILLE, Va., June 3, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) will present at the Stifel 2020 Virtual Cross Sector Insight Conference. Chuck Harrington, Chairman and Chief Exe...
CENTREVILLE, Va., June 1, 2020 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) today announced the company's new Intelligent Intersections solution, which uses advanced analytics and algorithms...
CENTREVILLE, Va., May 18, 2020 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) today announced that the company has partnered with Fraunhofer USA to develop and commercialize a diamond electrod...
Parsons Corporation (PSN) CEO Charles Harrington on Q1 2020 Results - Earnings Call Transcript
Parsons (PSN) delivered earnings and revenue surprises of -36.54% and 4.18%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
About PSN
Parsons Corporation provides technology based solutions in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates in two segments, Federal Solutions and Critical Infrastructure. The company offers cybersecurity software and engineering services, hardware prototyping, and other technical services to the U.S. Army and the United States intelligence community; ThunderRidge, a tool that assists cyber operational users to develop action plans, assess cyber threats, and disse... [Read more...]
| Industry Specialty Industrial Machinery | IPO Date May 8, 2019 |
| CEO Charles L. Harrington | Employees 15,879 |
| Stock Exchange NYSE | Ticker Symbol PSN |
Financial Performance
In 2019, Parsons's revenue was $3.95 billion, an increase of 11.07% compared to the previous year's $3.56 billion. Earnings were $120.53 million, a decrease of -45.79%.
Analyst Forecasts
The average 12-month stock price forecast for Parsons is 42.14, which is an increase of 9.28% from the latest price.