Parsons Corporation (PSN)
Market Cap | 4.53B |
Revenue (ttm) | 4.04B |
Net Income (ttm) | 97.51M |
Shares Out | 103.50M |
EPS (ttm) | 0.89 |
PE Ratio | 49.26 |
Forward PE | 14.93 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 5,795 |
Open | 43.96 |
Previous Close | 43.84 |
Day's Range | 43.88 - 43.96 |
52-Week Range | 29.91 - 50.15 |
Beta | 0.89 |
Analysts | Buy |
Price Target | 51.00 (+16.23%) |
Earnings Date | Feb 15, 2023 |
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 two segments, Federal Solutions and Critical Infrastructure. The company offers cyber security and intelligence services, as well as offensive and defensive cybersecurity platforms, tools, and operations to the U.S. Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligen... [Read more]
Financial Performance
In 2021, Parsons's revenue was $3.66 billion, a decrease of -6.59% compared to the previous year's $3.92 billion. Earnings were $64.07 million, a decrease of -34.98%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for PSN stock is "Buy." The 12-month stock price forecast is $51.0, which is an increase of 16.23% from the latest price.
News

Parsons Delivering the Future of Infrastructure for THE LINE Giga-project
CENTREVILLE, Va., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was appointed as a delivery partner for THE LINE, the centerpiece project for NEOM ...

Parsons to Announce Fourth Quarter and Fiscal Year 2022 Financial Results on February 15, 2023
CENTREVILLE, Va., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release fourth quarter and fiscal year 2022 financial results before the markets open on Wednesday, February 15,...

Xator Selected For Task Orders Of Up To $79.5M Supporting USAF Integrated Base Defense Security System
CENTREVILLE, Va., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Xator, LLC, a Parsons company, won prime and major subcontractor positions on the United States...

PSN or WDH: Which Is the Better Value Stock Right Now?
PSN vs. WDH: Which Stock Is the Better Value Option?

Parsons' Unleashing The Future Of Military Cyber Infrastructure Company Wins DARPA SMOKE Contract
CENTREVILLE, Va., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company's BlackHorse Solutions subsidiary won a $12 million contract from the Defense Advan...

Parsons Wins Seat on $95 Million Global NAVFAC Contract to Plan US Navy Infrastructure
CENTREVILLE, Va., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on a $95 million indefinite-delivery, indefinite-quantity mu...

Parsons Awarded $49 Million Contract To Support U.S. Army Intelligence S&T Programs
CENTREVILLE, Va., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the US Army Operations and Intelligence Division of the C5ISR Center has selected the company t...

Parsons Continues Dedication to Veterans
Company Receives HIRE Vets Medallion Program Award From Department of Labor Company Receives HIRE Vets Medallion Program Award From Department of Labor

Parsons Awarded $28M Task Order for PFAS Investigation at Army National Guard Facilities
CENTREVILLE, Va., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected to conduct remedial investigations and feasibility studies at Army Nat...

Parsons (PSN) Q3 Earnings Miss Estimates
Parsons (PSN) delivered earnings and revenue surprises of -4% and 7.98%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Parsons Reports Strong Third Quarter 2022 Results
Q3 2022 Financial Highlights

Parsons Charges Up Zero Emission Vehicle and Fleet Electrification Business
CENTREVILLE, Va., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is leveraging their qualifications as a provider of detailed design and transit planning services to guide transit a...

NOAA Awards Parsons Team $16 Million Contract For Polar Operational Environmental Satellites Operations
CENTREVILLE, Va., Oct. 19, 2022 (GLOBE NEWSWIRE) -- The National Oceanic and Atmospheric Administration (NOAA) has selected a team led by Parsons Corporation (NYSE: PSN) to provide engineering service...

Parsons Serves as Lead Designer for New American Legion Bridge I-270 Traffic Relief Plan
CENTREVILLE, Va., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company will serve as lead designer and subconsultant to the construction joint venture led...

7 Under-the-Radar Stocks With 100% Upside Potential
The markets have delivered one of the worst years in the past several decades. As a result, investors are left searching for under-the-radar stocks that have been passed over due to all the bad news.

Parsons to Announce Third Quarter 2022 Financial Results on November 2, 2022
CENTREVILLE, Va., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release third quarter 2022 financial results before the markets open on Wednesday, November 2, 2022. The company...

Parsons Continues Delivering Engineering Support for the Missile Defense Agency's Modern, Sustainable Infrastructure Under $104 Million Contract
CENTREVILLE, Va., Sept. 28, 2022 (GLOBE NEWSWIRE) -- The Missile Defense Agency (MDA) has selected Parsons Corporation (NYSE: PSN) to continue engineering advisory and assistance support for planning,...

Parsons Supporting U.S. Army Chemical and Biological Defense
CENTREVILLE, Va., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) was selected by U.S. Army Combat Capabilities Development Command, Chemical Biological Center (DEVCOM CBC) for an a...

Parsons Showcasing AI-Enabled Traffic Management at ITS World Congress
CENTREVILLE, Va., Sept. 19, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will highlight industry-leading intelligent transportation solutions (ITS) that are helping cities around the world...

Sidus Space Will Continue Producing Hardware That Will Support Parsons Tranche 1 Launch
CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on mission critical hardware manufacturing combined with commercial satellite design, manuf...

Parsons and TAPS Continue Partnership in Support of Military Families
The 15th Annual TAPS Golf Outing Occurred on Sept. 8, 2022 The 15th Annual TAPS Golf Outing Occurred on Sept. 8, 2022

Parsons Team Awarded $160 Million Contract To Support DOE And NNSA Missions
CENTREVILLE, Va., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected to continue providing enterprise construction management service...

Parsons to Present at The Morgan Stanley 10th Annual Laguna Conference
CENTREVILLE, Va., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial o...

Parsons Stock Is a Future-Facing, High-Powered Computing Investment
Parsons (NYSE: PSN) stock offers broad exposure to a number of high-conviction niche tech markets. There are a number of possible angles that should appeal to Parsons' investors, from satellite solut...