Parsons (PSN) Stock

CHANTILLY, Va., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) revealed today that it has received a contract for a one-year option on a secret program starting in January 2025. This contract was mentioned as pending during the company's earnings call for the third quarter of 2024.

Parsons Corporation has performed well financially, with its stock price and EBITDA increasing at rates of about 42% and 35% per year over the past three years. The company has regularly exceeded analysts' predictions, and this trend is likely to continue due to its strong business momentum. Additionally, PSN has a solid order backlog of $8.8 billion and a booking pipeline of $13 billion, which will help support growth in the near future and provide opportunities for expansion.

CHANTILLY, Va., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has announced that it is extending a task order for the San Diego Pure Water program. This extension is part of an eight-year, $110 million contract awarded to a joint venture led by Parsons and Black & Veatch in 2018, which focuses on providing construction management services for treatment plants and related facilities essential to the program.

CHANTILLY, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) plans to announce its financial results for the fourth quarter and the entire fiscal year 2024 before the market opens on Wednesday, February 19, 2025. On that day, the company will hold a conference call at 8:00 a.m. Eastern Time to talk about its earnings and strategic plans.

COLUMBIA, Md., Jan. 6, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a company under Parsons Corporation (NYSE: PSN) and a reliable provider of advanced edge computing hardware and comprehensive cybersecurity solutions, has appointed Brad Hatcher as the new Chief Product Officer (CPO) in a recently established position.

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.

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.

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.

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.