Profile
Sector:
TechnologyIndustry:
Information Technology ServicesCountry:
United StatesIPO:
08 May 2019Website:
http://www.parsons.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
regular market | 3 min agoDividend
Analysts recommendations
Institutional Ownership
PSN Latest News
Investors interested in stocks from the Technology Services sector have probably already heard of Parsons (PSN) and Ibotta (IBTA). But which of these two stocks offers value investors a better bang for their buck right now?
Parsons (PSN) possesses solid growth attributes, which could help it handily outperform the market.
CHANTILLY, Va., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has launched the latest version of its DERMS solutions platform, a distributed energy resource (DER) management system and IoT platform. This open standards-based system, available as SaaS or enterprise landed, revolutionizes the integration and realization of the environmental and economic benefits of renewable energy also known as DERs that include solar panels, wind turbines, energy storage, electric batteries, thermostat controllers and building energy systems.
NEW YORK , Nov. 11, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Parsons Corporation (NYSE: PSN) on behalf of the company's shareholders. The investigation seeks to determine whether Parsons's directors breached their fiduciary duties in connection with recent corporate actions.
CHANTILLY, Va., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) was recognized as “Contractor of the Year” this week at the 22nd Annual Greater Washington Government Contractor Awards, where the company won the “Contractor of the Year, greater than $300 million” category. The annual event, presented by the Northern Virginia Chamber of Commerce and the Professional Services Council, is the premier event honoring the leadership, innovation, and commitment to excellence of the people and businesses of the government contracting community.
Investors interested in stocks from the Technology Services sector have probably already heard of Parsons (PSN) and AppLovin (APP). But which of these two stocks is more attractive to value investors?
Parsons Corporation's share price surged 78% in the past year, yet it still has room for growth with a one-year price target of $132.62. Analysts expect double-digit earnings growth through 2026, driven by profitable growth, management expertise, and rising free cash flow. Despite competitive pressures, Parsons shows strong Q3 results with record net income, adjusted EBITDA, and cash flow, supporting its growth stock status.
Acquisition strategically enhances Parsons' infrastructure capabilities in the Southeast U.S. Acquisition strategically enhances Parsons' infrastructure capabilities in the Southeast U.S.
Parsons (PSN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Parsons Corporation (NYSE:PSN ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Dave Spille - Senior Vice President, Investor Relations Carey Smith - Chair, President and CEO Matt Ofilos - Chief Financial Officer Conference Call Participants Sheila Kahyaoglu - Jefferies Andrew Wittmann - Baird Cai von Rumohr - TD Cowen Tobey Sommer - Truist Securities Alex Dwyer - KeyBanc Capital Josh Sullivan - The Benchmark Company Louie DiPalma - William Blair Noah Poponak - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by. Welcome to the Third Quarter 2024 Parsons Corporation Earnings Conference Call.
What type of business is Parsons?
Parsons Corporation is a technology company in the defense, intelligence, and critical infrastructure markets. The company specializes in producing software and hardware products for cybersecurity, intelligence, missile defense, and space. In the government solutions segment, Parsons Corporation provides engineering services, software and hardware products, and comprehensive solutions. This segment includes 5 directions - cybersecurity and intelligence, geospatial solutions, defense, mission solutions, and engineering systems. In the infrastructure solutions segment, the company offers system design and software solutions worldwide, including intelligent transportation management, aviation, railway and transit systems, for example, communication-based train control systems, software for smart cities, and protection of critical infrastructure.
What sector is Parsons in?
Parsons is in the Technology sector
What industry is Parsons in?
Parsons is in the Information Technology Services industry
What country is Parsons from?
Parsons is headquartered in United States
When did Parsons go public?
Parsons initial public offering (IPO) was on 08 May 2019
What is Parsons website?
https://www.parsons.com
Is Parsons in the S&P 500?
No, Parsons is not included in the S&P 500 index
Is Parsons in the NASDAQ 100?
No, Parsons is not included in the NASDAQ 100 index
Is Parsons in the Dow Jones?
No, Parsons is not included in the Dow Jones index
When was Parsons the previous earnings report?
No data
When does Parsons earnings report?
The next expected earnings date for Parsons is 14 February 2025