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Parsons (PSN) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

08 May 2019

Indexes:

Not included

Description:

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.

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 14, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

02 Jan '25 Raymond James
Market Perform
12 Dec '24 Goldman Sachs
Buy
22 Nov '24 Truist Securities
Buy
31 Oct '24 Keybanc
Overweight
31 Oct '24 Baird
Outperform
23 Oct '24 Raymond James
Outperform
08 Oct '24 Keybanc
Overweight
01 Aug '24 Truist Securities
Buy
01 Aug '24 Keybanc
Overweight
01 Aug '24 Benchmark
Buy

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Institutional Ownership

Parsons and LINC Austin team Selected for Austin Light Rail Project
Parsons and LINC Austin team Selected for Austin Light Rail Project
Parsons and LINC Austin team Selected for Austin Light Rail Project
PSN
globenewswire.com30 December 2024

CHANTILLY, Va., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced that a group including AECOM, Parsons, STV, Turner & Townsend, Ardmore Roderick, and CAS Consulting (LINC Austin) has been chosen by the Austin Transit Partnership as the Delivery Partner for the $7 billion Austin Light Rail project. The initial four-year contract will see LINC Austin offering program and project management, construction management, and expert technical services throughout the planning, design, procurement, construction, and post-construction stages of the project.

Parsons Stock Gains 49% in a Year: What Should Investors Do Now?
Parsons Stock Gains 49% in a Year: What Should Investors Do Now?
Parsons Stock Gains 49% in a Year: What Should Investors Do Now?
PSN
zacks.com27 December 2024

Due to the recent increase in PSN shares, we are examining its current status to decide if you should buy, keep, or sell your shares.

Parsons Awarded $20 Million U.S. Army Corps of Engineers Contract for Puerto Rico Microgrid
Parsons Awarded $20 Million U.S. Army Corps of Engineers Contract for Puerto Rico Microgrid
Parsons Awarded $20 Million U.S. Army Corps of Engineers Contract for Puerto Rico Microgrid
PSN
globenewswire.com18 December 2024

CHANTILLY, Va., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has announced that it received the LTC Hernan G. Pesquera Army Reserve Center Microgrid contract from the United States Army Corps of Engineers (USACE) Louisville District. This $20 million contract, which includes base and optional work, aims to improve energy resilience and sustainability at the Pesquera Army Reserve Center in Puerto Rico and will take 610 days to complete. This project marks a new venture for the company.

Parsons CEO talks infrastructure opportunities in the Middle East
Parsons CEO talks infrastructure opportunities in the Middle East
Parsons CEO talks infrastructure opportunities in the Middle East
PSN
youtube.com17 December 2024

Carey Smith, the CEO of Parsons, appears on 'Closing Bell Overtime' to discuss the future of the Trump administration, unexplained drone sightings, and potential growth in infrastructure.

Parsons Successfully Conducts First-Of-A-Kind Threat Environment Demonstration
Parsons Successfully Conducts First-Of-A-Kind Threat Environment Demonstration
Parsons Successfully Conducts First-Of-A-Kind Threat Environment Demonstration
PSN
globenewswire.com16 December 2024

The milestone event brings together autonomous systems and threat simulation abilities. This combination enhances the effectiveness of both technologies. It marks an important step forward in their development.

Parsons Awarded Contract to Support Caltrans Transportation Facilities
Parsons Awarded Contract to Support Caltrans Transportation Facilities
Parsons Awarded Contract to Support Caltrans Transportation Facilities
PSN
globenewswire.com11 December 2024

CHANTILLY, Va., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been chosen by the California Department of Transportation (Caltrans) to offer professional and technical services. The $23 million contract will deliver engineering and inspection services for construction projects in Caltrans Districts 1, 2, and 3-North as required.

PSN vs. CLMB: Which Stock Is the Better Value Option?
PSN vs. CLMB: Which Stock Is the Better Value Option?
PSN vs. CLMB: Which Stock Is the Better Value Option?
PSN
zacks.com10 December 2024

Investors looking at Technology Services stocks probably know about Parsons (PSN) and Climb Global Solutions (CLMB). However, which of these two stocks offers a better value opportunity for investors at this moment?

Parsons and Globalstar Announce Partnership, Demonstrate First Software Defined Satellite Communication Solutions in Low Earth Orbit
Parsons and Globalstar Announce Partnership, Demonstrate First Software Defined Satellite Communication Solutions in Low Earth Orbit
Parsons and Globalstar Announce Partnership, Demonstrate First Software Defined Satellite Communication Solutions in Low Earth Orbit
PSN
businesswire.com03 December 2024

CHANTILLY, Va.--(BUSINESS WIRE)--Parsons Corporation (NYSE: PSN) and Globalstar (NYSE American: GSAT) have formed an exclusive partnership to assist the public, government, and defense sectors. This collaboration features a successful demonstration of Parsons' software-defined satellite communication system, utilizing Globalstar's Low Earth Orbit (LEO) satellite network. As the need for dependable global communication services increases in challenging and crowded regions, this partnership aims to address those demands.

Is Parsons (PSN) a Solid Growth Stock? 3 Reasons to Think "Yes"
Is Parsons (PSN) a Solid Growth Stock? 3 Reasons to Think "Yes"
Is Parsons (PSN) a Solid Growth Stock? 3 Reasons to Think "Yes"
PSN
zacks.com29 November 2024

Parsons (PSN) has the potential to deliver impressive returns due to its strong growth characteristics.

Parsons to Present at Investor Conferences
Parsons to Present at Investor Conferences
Parsons to Present at Investor Conferences
PSN
globenewswire.com27 November 2024

CHANTILLY, Va., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has announced that Carey Smith, who is the chair, president, and CEO, along with Matt Ofilos, the chief financial officer, will take part in question and answer sessions during upcoming investor conferences.

FAQ

  • What is the primary business of Parsons?
  • What is the ticker symbol for Parsons?
  • Does Parsons pay dividends?
  • What sector is Parsons in?
  • What industry is Parsons in?
  • What country is Parsons based in?
  • When did Parsons go public?
  • Is Parsons in the S&P 500?
  • Is Parsons in the NASDAQ 100?
  • Is Parsons in the Dow Jones?
  • When was Parsons's last earnings report?
  • When does Parsons report earnings?
  • Should I buy Parsons stock now?

What is the primary business of 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 is the ticker symbol for Parsons?

The ticker symbol for Parsons is NYSE:PSN

Does Parsons pay dividends?

No, Parsons does not pay dividends

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 based in?

Parsons is headquartered in United States

When did Parsons go public?

Parsons's initial public offering (IPO) was on 08 May 2019

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's last earnings report?

Parsons's most recent earnings report was on 30 October 2024

When does Parsons report earnings?

The next expected earnings date for Parsons is 14 February 2025

Should I buy Parsons stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions