Market Cap 7.29B
Revenue (ttm) 6.75B
Net Income (ttm) 235.05M
EPS (ttm) N/A
PE Ratio 22.50
Forward PE 21.62
Profit Margin 3.48%
Debt to Equity Ratio 0.31
Volume 1,403,700
Avg Vol 1,466,958
Day's Range N/A - N/A
Shares Out 106.88M
Stochastic %K 49%
Beta 0.53
Analysts Strong Sell
Price Target $77.75

Company Profile

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 Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment offers critical technologies, such as cyber; missile defense; intelligence; electronic warfare; space ground systems; space and weapon system resiliency; geospatial and signals intelligence; environmental reme...

Industry: Information Technology Services
Sector: Technology
Phone: 703 988 8500
Address:
14291 Park Meadow Drive, Suite 100, Chantilly, United States
CatfishFinancial
CatfishFinancial Jun. 25 at 7:19 PM
$PSN Taking another run at 70! Good luck!
0 · Reply
DonCorleone77
DonCorleone77 Jun. 25 at 12:35 PM
$RTX $BAESY $HII $LHX $PSN NATO Allies commit to invest 5% of GDP annually on core defense requirements In a "Hague Summit Declaration" issued by the NATO Heads of State and Government participating in the meeting of the North Atlantic Council, the North Atlantic Treaty Organization stated in part: "United in the face of profound security threats and challenges, in particular the long- term threat posed by Russia to Euro-Atlantic security and the persistent threat of terrorism, Allies commit to invest 5% of GDP annually on core defense requirements as well as defense-and security-related spending by 2035 to ensure our individual and collective obligations, in accordance with Article 3 of the Washington Treaty. Our investments will ensure we have the forces, capabilities, resources, infrastructure, warfighting readiness, and resilience needed to deter and defend in line with our three core tasks of deterrence and defense, crisis prevention and management, and cooperative security. Allies agree that this 5% commitment will comprise two essential categories of defense investment. Allies will allocate at least 3.5% of GDP annually based on the agreed definition of NATO defense expenditure by 2035 to resource core defense requirements, and to meet the NATO Capability Targets. Allies agree to submit annual plans showing a credible, incremental path to reach this goal. And Allies will account for up to 1.5% of GDP annually to inter alia protect our critical infrastructure, defend our networks, ensure our civil preparedness and resilience, unleash innovation, and strengthen our defense industrial base." Publicly traded defense contractors include: BAE Systems (BAESY), Boeing (BA), GE Aerospace (GE), General Dynamics (GD), HII (HII), L3Harris Technologies (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC) and RTX (RTX).
0 · Reply
JoyToy
JoyToy Jun. 24 at 5:55 PM
$PSN Just started a position at $67.64, may be they’ll get some contracts for rebuild after the war 🤷‍♀️
0 · Reply
DonCorleone77
DonCorleone77 Jun. 24 at 11:40 AM
$PSN $IBM That sounds kinda nice: Parsons, IBM collaborate to build air traffic control system Parsons Corporation (PSN) and IBM (IBM) announced a collaboration to deliver on President Donald Trump's and Transportation Secretary Sean Duffy's vision for a brand new, state of-the-art air traffic control system. This collaboration directly responds to Secretary Duffy's call for world-class innovators to rapidly spearhead the overhaul of the Federal Aviation Administration's National Airspace System, prioritizing an open vendor agnostic approach that enables the agency to leverage the latest technologies and continuously improve their systems based on real-time feedback and evolving needs. Parsons would serve as the prime contractor and single point of accountability, providing unified leadership and full program responsibility to ensure mission success. A safe, efficient, and modern NAS is the foundation for a reliable U.S. aviation system, supporting travel, economic prosperity, and national security. Encompassing everything from air traffic control and air navigation facilities to airports, regulations, and personnel, the NAS is regarded as the global gold standard of air transportation systems. By combining Parsons' deep FAA experience, proven large-scale program delivery success, and systems engineering and integration capabilities with IBM's federal government and cross industry, systems integration experience, the collaboration aims to respond to Secretary Duffy's bold call to action and lay the foundation for a safer, more resilient aviation ecosystem.
2 · Reply
DonCorleone77
DonCorleone77 Jun. 23 at 8:33 PM
$PSN Parsons resumed with a Buy at Stifel Stifel analyst Jonathan Siegmann resumed coverage of Parsons with a Buy rating and $81 price target. The firm likes Parsons' "purpose-built portfolio" of businesses focused on growing areas of government investments. T he company's critical infrastructure stands to benefit from a ramp in projects in the Middle East as well as the U.S., the analyst tells investors in a research note. Stifel says its Buy rating reflects Parson's premium valuation being justified through its ongoing financial outperformance and growing exposure to new defense areas.
1 · Reply
SilverEagle
SilverEagle Jun. 20 at 6:11 PM
$PSN a good bit of confluence at 65. If it fails, then I’ll buy looking to see if the rising trend line holds.
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AllGasNoBrakess
AllGasNoBrakess Jun. 20 at 5:47 PM
$PSN we dropping because of opex? Support is 66.90
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DonCorleone77
DonCorleone77 Jun. 19 at 1:25 PM
$PSN Parsons announces $137M ceiling value contract for cyber operations Parsons announced that the company was awarded a $137M ceiling value contract by the Defense Threat Reduction Agency for cyber operations. The single award was issued under the Assessment, Exercise, Modeling and Simulation, and Support indefinite-delivery, indefinite-quantity multiple award task order contract with a one-year base period of performance and four one-year option periods plus one six-month option period and is new work for the company. Parsons will provide specialized cyber operations capabilities including cyber assessments and subject matter experts supporting cyber operations, development, analysis, and research.
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BillyBuddy
BillyBuddy Jun. 16 at 9:42 PM
$PSN this is like an inverse market pick
1 · Reply
DonCorleone77
DonCorleone77 Jun. 16 at 10:32 AM
$PSN Parsons awarded $169.5M contract by U.S. Army Corps of Engineers Parsons announced that the company was awarded a $169.5M single award contract by the United States Army Corps of Engineers Norfolk District to provide design-build delivery services for a new Ammonium Nitrate Solution Tank Farm at Holston Army Ammunition Plant. The four-year contract is new work for the company. Under this contract, Parsons will provide integrated delivery services for the ANSol tank farm, enabling the HSAAP to increase storage requirements for ANSol, a byproduct of the explosives manufacturing process. The new tank farm will replace HSAAP's existing storage tanks to support expanded manufacturing at the Government Owned Contractor Operated facility.
0 · Reply
Latest News on PSN
Parsons: Share Price Sluggish, Although Earnings Grow Briskly

May 27, 2025, 6:01 AM EDT - 4 weeks ago

Parsons: Share Price Sluggish, Although Earnings Grow Briskly


Parsons Corporation (PSN) Q1 2025 Earnings Call Transcript

Apr 30, 2025, 3:10 PM EDT - 2 months ago

Parsons Corporation (PSN) Q1 2025 Earnings Call Transcript


Parsons Reports Record First Quarter 2025 Results

Apr 30, 2025, 6:30 AM EDT - 2 months ago

Parsons Reports Record First Quarter 2025 Results


CatfishFinancial
CatfishFinancial Jun. 25 at 7:19 PM
$PSN Taking another run at 70! Good luck!
0 · Reply
DonCorleone77
DonCorleone77 Jun. 25 at 12:35 PM
$RTX $BAESY $HII $LHX $PSN NATO Allies commit to invest 5% of GDP annually on core defense requirements In a "Hague Summit Declaration" issued by the NATO Heads of State and Government participating in the meeting of the North Atlantic Council, the North Atlantic Treaty Organization stated in part: "United in the face of profound security threats and challenges, in particular the long- term threat posed by Russia to Euro-Atlantic security and the persistent threat of terrorism, Allies commit to invest 5% of GDP annually on core defense requirements as well as defense-and security-related spending by 2035 to ensure our individual and collective obligations, in accordance with Article 3 of the Washington Treaty. Our investments will ensure we have the forces, capabilities, resources, infrastructure, warfighting readiness, and resilience needed to deter and defend in line with our three core tasks of deterrence and defense, crisis prevention and management, and cooperative security. Allies agree that this 5% commitment will comprise two essential categories of defense investment. Allies will allocate at least 3.5% of GDP annually based on the agreed definition of NATO defense expenditure by 2035 to resource core defense requirements, and to meet the NATO Capability Targets. Allies agree to submit annual plans showing a credible, incremental path to reach this goal. And Allies will account for up to 1.5% of GDP annually to inter alia protect our critical infrastructure, defend our networks, ensure our civil preparedness and resilience, unleash innovation, and strengthen our defense industrial base." Publicly traded defense contractors include: BAE Systems (BAESY), Boeing (BA), GE Aerospace (GE), General Dynamics (GD), HII (HII), L3Harris Technologies (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC) and RTX (RTX).
0 · Reply
JoyToy
JoyToy Jun. 24 at 5:55 PM
$PSN Just started a position at $67.64, may be they’ll get some contracts for rebuild after the war 🤷‍♀️
0 · Reply
DonCorleone77
DonCorleone77 Jun. 24 at 11:40 AM
$PSN $IBM That sounds kinda nice: Parsons, IBM collaborate to build air traffic control system Parsons Corporation (PSN) and IBM (IBM) announced a collaboration to deliver on President Donald Trump's and Transportation Secretary Sean Duffy's vision for a brand new, state of-the-art air traffic control system. This collaboration directly responds to Secretary Duffy's call for world-class innovators to rapidly spearhead the overhaul of the Federal Aviation Administration's National Airspace System, prioritizing an open vendor agnostic approach that enables the agency to leverage the latest technologies and continuously improve their systems based on real-time feedback and evolving needs. Parsons would serve as the prime contractor and single point of accountability, providing unified leadership and full program responsibility to ensure mission success. A safe, efficient, and modern NAS is the foundation for a reliable U.S. aviation system, supporting travel, economic prosperity, and national security. Encompassing everything from air traffic control and air navigation facilities to airports, regulations, and personnel, the NAS is regarded as the global gold standard of air transportation systems. By combining Parsons' deep FAA experience, proven large-scale program delivery success, and systems engineering and integration capabilities with IBM's federal government and cross industry, systems integration experience, the collaboration aims to respond to Secretary Duffy's bold call to action and lay the foundation for a safer, more resilient aviation ecosystem.
2 · Reply
DonCorleone77
DonCorleone77 Jun. 23 at 8:33 PM
$PSN Parsons resumed with a Buy at Stifel Stifel analyst Jonathan Siegmann resumed coverage of Parsons with a Buy rating and $81 price target. The firm likes Parsons' "purpose-built portfolio" of businesses focused on growing areas of government investments. T he company's critical infrastructure stands to benefit from a ramp in projects in the Middle East as well as the U.S., the analyst tells investors in a research note. Stifel says its Buy rating reflects Parson's premium valuation being justified through its ongoing financial outperformance and growing exposure to new defense areas.
1 · Reply
SilverEagle
SilverEagle Jun. 20 at 6:11 PM
$PSN a good bit of confluence at 65. If it fails, then I’ll buy looking to see if the rising trend line holds.
0 · Reply
AllGasNoBrakess
AllGasNoBrakess Jun. 20 at 5:47 PM
$PSN we dropping because of opex? Support is 66.90
0 · Reply
DonCorleone77
DonCorleone77 Jun. 19 at 1:25 PM
$PSN Parsons announces $137M ceiling value contract for cyber operations Parsons announced that the company was awarded a $137M ceiling value contract by the Defense Threat Reduction Agency for cyber operations. The single award was issued under the Assessment, Exercise, Modeling and Simulation, and Support indefinite-delivery, indefinite-quantity multiple award task order contract with a one-year base period of performance and four one-year option periods plus one six-month option period and is new work for the company. Parsons will provide specialized cyber operations capabilities including cyber assessments and subject matter experts supporting cyber operations, development, analysis, and research.
0 · Reply
BillyBuddy
BillyBuddy Jun. 16 at 9:42 PM
$PSN this is like an inverse market pick
1 · Reply
DonCorleone77
DonCorleone77 Jun. 16 at 10:32 AM
$PSN Parsons awarded $169.5M contract by U.S. Army Corps of Engineers Parsons announced that the company was awarded a $169.5M single award contract by the United States Army Corps of Engineers Norfolk District to provide design-build delivery services for a new Ammonium Nitrate Solution Tank Farm at Holston Army Ammunition Plant. The four-year contract is new work for the company. Under this contract, Parsons will provide integrated delivery services for the ANSol tank farm, enabling the HSAAP to increase storage requirements for ANSol, a byproduct of the explosives manufacturing process. The new tank farm will replace HSAAP's existing storage tanks to support expanded manufacturing at the Government Owned Contractor Operated facility.
0 · Reply
AllGasNoBrakess
AllGasNoBrakess Jun. 13 at 1:09 PM
$PSN war news bullish for us no?
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CatfishFinancial
CatfishFinancial Jun. 10 at 2:43 PM
$PSN They sure know how to win contracts no matter the environment.
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DonCorleone77
DonCorleone77 Jun. 10 at 1:29 PM
$PSN Parsons awarded $94.5M ceiling value task order under ABAD IDIQ contract Parsons has been awarded a $94.5M ceiling value task order under the Air Base Air Defense indefinite delivery, indefinite quantity contract. The task order represents new work for the company, and includes a 12-month base year performance period and two 12-month option periods to deliver separable lines of effort related to the integration, test, fielding, and sustainment of command-and-control and early warning capabilities throughout the U.S. Air Forces in Europe and Air Forces in Africa area of operations.
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rsblades
rsblades Jun. 8 at 6:35 PM
$PSN does look poised to make a possible move to the upside. Would like to see it break over $71 with volume, and see the SMA10 move above the SMA20 (SMA5 already over both).
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Wigglyick
Wigglyick Jun. 8 at 5:48 PM
$PSN @DonCorleone77 Parsons has been knocking on resistance at 70 for several weeks. Good accumulation days pushing into an ascending triangle. Price between 65-66ish would be ideal. I don’t currently have a position but looking to start again.
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DonCorleone77
DonCorleone77 Jun. 5 at 3:46 AM
$PSN $SNOW $XOM Hello Everyone, In addition to the stocks I mentioned in the re-shared post below, I wanted to inform you that I have added posts TODAY with analyst information regarding the stocks below (the number of posts for each stock are in parenthesis). The easiest way to find the information is via my X feed located at: x.com/CorleoneDon77 PLEASE FEEL FREE TO RE-SHARE THIS MESSAGE IF THERE ARE ANY OF YOUR FOLLOWERS WHO YOU BELIEVE CAN BENEFIT FROM THIS INFORMATION. Here is a list of the stocks: 1) CRWD (15) 2) LITE (2) 3) NFLX (1) 4) PSN (2) 5) SNOW (10) 6) XOM (1) I hope this information is useful to everyone.
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ML610
ML610 Jun. 4 at 2:41 PM
$PSN https://open.substack.com/pub/732charts/p/parsons-corp?r=65ir7&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
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CatfishFinancial
CatfishFinancial Jun. 4 at 2:24 PM
$PSN wheeeee
0 · Reply
DonCorleone77
DonCorleone77 Jun. 4 at 3:13 AM
$PSN Disclosure: I currently have a long position in PSN. Attached is page 1 of a 13-page Raymond James analyst report on PSN issued Sunday (6/1) entitled: "Lowering Street Low Estimates but Feel a Bottom Is Afoot" Raymond James has a 'Market Perform' rating on PSN without a price target. Raymond James' 'Recommendation' regarding PSN in the report includes the following: "We are lowering our Street low revenue forecast for 2025 as we carve out the Confidential contract from our 2H25 and 2026 revenue estimates and believe the Street will begin to look through the contract as a non-recurring or one-time item in the coming months. Our model reflects 2025 growth of ~1% and an organic contraction of -1.4%, and we believe consensus will come in ~$200 million over the next couple of weeks as models recalibrate to the State Department’s reorganization and more significant headwind than current models imply. We also spent time with management and feel like the company is remarkably well positioned in many or the administration’s key priorities that will grow above overall spending and will be largely inoculated from ongoing DOGE cuts (see title of the note). That said, we are maintaining our Market Perform rating given the downward bias to street estimates due to the confidential contract though we believe shares are approaching a floor and beginning to start the bottoming process."
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DonCorleone77
DonCorleone77 Jun. 4 at 3:08 AM
$PSN Disclosure: I currently have a long position in PSN. Attached is page 1 of a 4-page Truist analyst report on PSN issued yesterday entitled: "Parsons Lowers Guidance For State Dept Reorganization" Truist has a 'Buy' rating on PSN with a $80 price target. Truist's summary statement regarding PSN in the report includes the following: "Parsons lowered 2025 guidance reflecting the wind-down of a large classified contract being impacted by the recent State Department reorganization. The State Department reorganization issued at the end of May is expected to close multiple offices and implement layoffs of ~3.4k staff [CBS]. Based on prior management comments, the implied size of the contract was ~10% of revenue and updated guidance reflects a similar headwind. -- Lowering EBITDA guide by ~10%. PSN now expects revenue to range from $6.45B-$6.65B (prior: $7.0B-$7.5B) reflecting a midpoint ~$615M headwind from the loss of the classified contract and ~$85M from other items. Adj. EBITDA is now forecast to range from $590M-$630M (prior: $640M-$710M). The removal of the classified contract should be roughly neutral to adj. EBITDA margin. Cash flow from operating activities is forecast at $380M-$420M (prior: $420M-$480M). -- Our model and PT are currently under review for the updated guide. We recognize some uncertainty regarding whether the work could continue in a limited scope after June, but believe management's approach of fully removing the contract is prudent."
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DonCorleone77
DonCorleone77 Jun. 4 at 3:03 AM
$PSN Disclosure: I currently have a long position in PSN. Attached is page 1 of a 3-page Benchmark analyst report on PSN issued today entitled: "8-K Lays out State Department Reorganization Impact Resulting in FY25 Guidance Reduction" Benchmark has a 'Buy' rating on PSN with a $90 price target. Benchmark's summary statement regarding PSN in the report includes the following: "PSN put out an 8-K Monday night outlining an expectation that the recent Department of State reorganization will create additional uncertainty surrounding a classified contract. As a result, PSN has now removed the contract from FY25 guidance as the company is unable to accurately estimate the size and scope of future work. FY25 Adj EBITDA is now expected to be in a range of $590M-$630M from previously $640M-$710M, the Street was in print for $644M. The Street was already at the lower-end of the FY25 guidance range given concerns around exposure to confidential contracts related to foreign aid. Net, net these classified State Department contracts were likely PSN’s largest exposures to the Trump Administrations recent reorganization and parallel DOGE efforts. PSN is expected to speak at several upcoming conferences where more information and context is likely."
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DonCorleone77
DonCorleone77 Jun. 4 at 2:59 AM
$PSN Disclosure: I currently have a long position in PSN. Attached is page 1 of a 8-page Bank of America analyst report on PSN issued yesterday entitled: "Ripping off the band aid: Confidential contract removed from estimates" Bank of America has a 'Buy' rating on PSN with a $95 price target. Bank of America's summary statement regarding PSN in the report includes the following: "DOS reorg. could eliminate CARE office – PO to $95: After the close on June 2, Parsons (PSN) issued an 8-K outlining a revised 2025 guidance that removes the confidential contract related to Afghan Special Immigration Visas (SIV) for the period after June 2025. The new outlook follows the May 29th Department of State (DOS) reorganizational announcement that could eliminate the Coordinator for Afghan Relocation Efforts (CARE) office. We note that this confidential contract has been under pressure for most of 2025, after the suspensions of refugee resettlement programs initially announced in January. -- We are cutting our PO to $95 from $100 to reflect the contract removal going forward: Removing the contract from outlook clears the path ahead We think PSN’s removal of the contract from their outlook clears the way for investors to focus on the rest of the portfolio, avoiding lingering near-term headline risk. We think the special visa programs will likely remain important long-term missions for supporting US diplomatic and military operations abroad. However, we think the program could be significantly muted in the near term considering the parallel immigration efforts. After running at 80% of expectations in 1Q, 2Q was even softer at 50-60% run-rate and there is no news around the resettlement flights that we expected to resume this week."
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