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...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• IPO Date: May 8, 2019
• Employees: 15,500
• Stock Exchange: NYSE
• Ticker Symbol: PSN

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%.

Analyst 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.

Price Target

$51.0

(16.23% upside)

Analyst Consensus: Buy