Parsons (NYSE:PSN) - Stock Price, News & Analysis

PSN Stock Overview

Provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. More details

PSN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 3.2% below our estimate of its fair value

Earnings are forecast to grow 64.66% per year

Analysts in good agreement that stock price will rise by 29%

Risk Analysis

Profit margins (1.2%) are lower than last year (2.9%)

Large one-off items impacting financial results

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Critical Expansions And Acquisitions Power Robust Defense Growth

Key Takeaways Strategic investments and acquisitions are expanding software and defense capabilities, driving future revenue growth and margin expansion. Geographical and market expansion in North America and the Middle East promises sustained revenue growth and improved earnings.

View narrative

US$122.91

22.5% undervalued

8.77%

Revenue growth p.a.

Updated

Parsons Corporation Competitors

CACI International

NYSE:CACI

US$10.0b

UL Solutions

NYSE:ULS

US$10.3b

FTI Consulting

NYSE:FCN

US$7.0b

KBR

NYSE:KBR

US$7.8b

Price History & Performance

Summary of all time highs, changes and price drops for Parsons
Historical stock prices
Current Share Price	US$95.30
52 Week High	US$114.68
52 Week Low	US$61.10
Beta	0.80
11 Month Change	-11.29%
3 Month Change	0.58%
1 Year Change	50.70%
33 Year Change	170.51%
5 Year Change	138.67%
Change since IPO	216.93%

Parsons: Red Hot Momentum Remains

Nov 04

Parsons (NYSE:PSN) Has A Rock Solid Balance Sheet

Oct 06

Recent updates

An Intrinsic Calculation For Parsons Corporation (NYSE:PSN) Suggests It's 23% Undervalued

Sep 05

Parsons: Simply Impressive Growth, But Still A Hold

Aug 21

What Does Parsons Corporation's (NYSE:PSN) Share Price Indicate?

Aug 21

Many Still Looking Away From Parsons Corporation (NYSE:PSN)

Jul 26

Parsons: This May Be A Hidden Gem, But I Need Proof Its Growth Is Sustainable

Jun 20

Investors Met With Slowing Returns on Capital At Parsons (NYSE:PSN)

Jun 11

Parsons Corporation's (NYSE:PSN) Intrinsic Value Is Potentially 31% Above Its Share Price

May 24

We Think You Can Look Beyond Parsons' (NYSE:PSN) Lackluster Earnings

May 08

Should You Be Adding Parsons (NYSE:PSN) To Your Watchlist Today?

Apr 22

Parsons Corporation: Impressive Recent Performance Means Lucrative Future

Apr 11

Is Parsons (NYSE:PSN) Using Too Much Debt?

Mar 21

Parsons Corporation (NYSE:PSN) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Mar 05

Parsons: The Stock Is Not Cheap Enough Yet

Feb 28

Why Parsons Corporation (NYSE:PSN) Could Be Worth Watching

Feb 05

Parsons (NYSE:PSN) May Have Issues Allocating Its Capital

Jan 19

Getting In Cheap On Parsons Corporation (NYSE:PSN) Might Be Difficult

Jan 04

Here's Why Parsons (NYSE:PSN) Has Caught The Eye Of Investors

Dec 15

Is Parsons Corporation (NYSE:PSN) Trading At A 39% Discount?

Nov 30

Parsons Corporation: Upside Still Not Very Attractive

Nov 17

Does Parsons (NYSE:PSN) Have A Healthy Balance Sheet?

Oct 25

Parsons: 2023 Is Working Out So Far

Oct 15

Should You Think About Buying Parsons Corporation (NYSE:PSN) Now?

Oct 10

The Returns On Capital At Parsons (NYSE:PSN) Don't Inspire Confidence

Sep 22

We Ran A Stock Scan For Earnings Growth And Parsons (NYSE:PSN) Passed With Ease

Sep 07

Parsons Corporation's (NYSE:PSN) Intrinsic Value Is Potentially 49% Above Its Share Price

Aug 22

Parsons: Performance Is Good But Valuation Is Expensive

Aug 11

Parsons (NYSE:PSN) Seems To Use Debt Rather Sparingly

Jul 26

Is Now The Time To Look At Buying Parsons Corporation (NYSE:PSN)?

Jul 07

Here's What's Concerning About Parsons' (NYSE:PSN) Returns On Capital

Jun 22

Parsons Corporation: Getting Incrementally Positive If Momentum Continues

Jun 07

Parsons Corporation (NYSE:PSN) Shares Could Be 30% Below Their Intrinsic Value Estimate

May 10

Parsons (NYSE:PSN) Seems To Use Debt Rather Sparingly

Apr 26

Parsons (NYSE:PSN) Might Be Having Difficulty Using Its Capital Effectively

Mar 09

Parsons selected by U.S. CYBERCOM for military cyberspace operations

Feb 22

Parsons Q4 2022 Earnings Preview

Feb 14

Parsons gets contract amended on Canada's Giant Mine

Feb 08

Parsons selected to work on Saudi Arabia's ambitious Line project

Feb 01

We Think Parsons (NYSE:PSN) Can Manage Its Debt With Ease

Jan 26

Is Parsons Corporation (NYSE:PSN) Trading At A 31% Discount?

Jan 10

Parsons' unit clinches $79.5M order to upkeep USAF security systems

Jan 09

Parsons: Not Very Defensive

Dec 29

Parsons bags $95M global NAVFAC contract to plan US Navy infrastructure

Dec 15

Is It Too Late To Consider Buying Parsons Corporation (NYSE:PSN)?

Dec 15

Here's What's Concerning About Parsons' (NYSE:PSN) Returns On Capital

Dec 01

Parsons bags $28M order to investigate PFAS impact at Army National Guard facilities

Nov 07

Shareholder Returns

	PSN	US Professional Services	US Market
7D	-14.9%	-5.7%	-1.0%
1Y	50.7%	19.2%	30.3%

Return vs Industry: PSN exceeded the US Professional Services industry which returned 18.1% over the past year.

Return vs Market: PSN exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is PSN's price volatile compared to industry and market?
PSN volatility
PSN Average Weekly Movement	4.3%
Professional Services Industry Average Movement	5.5%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: PSN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PSN's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1944	19,000	Carey Smith	www.parsons.com

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, critical infrastructure protection; counter unmanned air systems; biometrics and bio surveillance solutions to U.S.

Parsons Corporation Fundamentals Summary

How do Parsons's earnings and revenue compare to its market cap?
PSN fundamental statistics
Market cap	US$10.03b
Earnings (TTM)	US$78.68m
Revenue (TTM)	US$6.51b

128.6x

P/E Ratio

1.6x

P/S Ratio

Is PSN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSN income statement (TTM)
Revenue	US$6.51b
Cost of Revenue	US$5.11b
Gross Profit	US$1.40b
Other Expenses	US$1.33b
Earnings	US$78.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.74
Gross Margin	21.56%
Net Profit Margin	1.21%
Debt/Equity Ratio	51.7%

How did PSN perform over the long term?

See historical performance and comparison

PSN Stock Overview

Rewards

Risk Analysis

Critical Expansions And Acquisitions Power Robust Defense Growth

Parsons Corporation Competitors

NYSE:CACI

US$10.0b

NYSE:ULS

US$10.3b

NYSE:FCN

US$7.0b

NYSE:KBR

US$7.8b

Price History & Performance

Recent News & Updates

Parsons Corporation Launches New Version of DERMS, Enhancing Grid Reliability and Resiliency

Parsons: Red Hot Momentum Remains

Price target increased by 8.1% to US$119

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Parsons Corporation (NYSE:PSN) agreed to acquire BCC Engineering, LLC from Trivest Fund VI in a transaction valued at approximately $230 million.

Parsons (NYSE:PSN) Has A Rock Solid Balance Sheet

Recent updates

Parsons Corporation Launches New Version of DERMS, Enhancing Grid Reliability and Resiliency

Parsons: Red Hot Momentum Remains

Price target increased by 8.1% to US$119

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Parsons Corporation (NYSE:PSN) agreed to acquire BCC Engineering, LLC from Trivest Fund VI in a transaction valued at approximately $230 million.

Parsons (NYSE:PSN) Has A Rock Solid Balance Sheet

Parsons Corporation to Report Q3, 2024 Results on Oct 30, 2024

Parsons (NYSE:PSN) Shareholders Will Want The ROCE Trajectory To Continue

An Intrinsic Calculation For Parsons Corporation (NYSE:PSN) Suggests It's 23% Undervalued

Parsons: Simply Impressive Growth, But Still A Hold

What Does Parsons Corporation's (NYSE:PSN) Share Price Indicate?

Parsons Corporation Unveils Updated iNET®, an AI-Enabled, SaaS Smart Mobility Solution

Consensus EPS estimates increase by 30%

Price target increased by 12% to US$101

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Parsons Corporation Revises Earnings Guidance Fiscal Year 2024

Many Still Looking Away From Parsons Corporation (NYSE:PSN)

Parsons Corporation to Report Q2, 2024 Results on Jul 31, 2024

Parsons Corporation(NYSE:PSN) dropped from Russell 2500 Growth Index

Parsons: This May Be A Hidden Gem, But I Need Proof Its Growth Is Sustainable

Parsons and the Niagara International Transportation Technology Coalition Celebrate Bi-National Project Milestone

Investors Met With Slowing Returns on Capital At Parsons (NYSE:PSN)

Parsons Corporation's (NYSE:PSN) Intrinsic Value Is Potentially 31% Above Its Share Price

We Think You Can Look Beyond Parsons' (NYSE:PSN) Lackluster Earnings

Consensus EPS estimates fall by 67%, revenue upgraded

Parsons Corporation Increases Earnings Guidance Fiscal Year 2024

New minor risk - Shareholder dilution

New minor risk - Earnings quality

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Should You Be Adding Parsons (NYSE:PSN) To Your Watchlist Today?

Parsons Corporation: Impressive Recent Performance Means Lucrative Future

Parsons Corporation to Report Q1, 2024 Results on May 01, 2024

Is Parsons (NYSE:PSN) Using Too Much Debt?

Parsons Corporation, Annual General Meeting, Apr 16, 2024

Parsons Corporation (NYSE:PSN) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Parsons: The Stock Is Not Cheap Enough Yet

Price target increased by 9.3% to US$77.80

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Parsons Corporation Provides Financial Guidance for Fiscal Year 2024

Why Parsons Corporation (NYSE:PSN) Could Be Worth Watching

Parsons (NYSE:PSN) May Have Issues Allocating Its Capital

Parsons Unveils Industry’S First Holistic Cyber Solution for Critical Infrastructure Protection

Getting In Cheap On Parsons Corporation (NYSE:PSN) Might Be Difficult

Here's Why Parsons (NYSE:PSN) Has Caught The Eye Of Investors

Parsons Corporation Merges Artificial Intelligence to Deliver Combat Advantage

Is Parsons Corporation (NYSE:PSN) Trading At A 39% Discount?

Parsons Corporation: Upside Still Not Very Attractive

Price target increased by 10% to US$67.22

Parsons Corporation Revises Earnings Guidance for the Fiscal Year 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Parsons Corporation Leverages Technical Expertise to Transform Construction Supervision with Ai and 360-Dega Imagery

Does Parsons (NYSE:PSN) Have A Healthy Balance Sheet?

Parsons: 2023 Is Working Out So Far

Should You Think About Buying Parsons Corporation (NYSE:PSN) Now?

Parsons Corporation to Report Q3, 2023 Results on Nov 01, 2023

The Returns On Capital At Parsons (NYSE:PSN) Don't Inspire Confidence

We Ran A Stock Scan For Earnings Growth And Parsons (NYSE:PSN) Passed With Ease

Parsons Corporation (NYSE:PSN) acquired Sealing Technologies, Inc. for $200 million.