Parsons Co. (NYSE:PSN – Free Report) – Stock analysts at William Blair issued their Q1 2025 earnings per share estimates for Parsons in a report issued on Thursday, February 20th. William Blair analyst L. Dipalma expects that the company will earn $0.60 per share for the quarter. William Blair has a “Outperform” rating on the stock. The consensus estimate for Parsons’ current full-year earnings is $3.58 per share. William Blair also issued estimates for Parsons’ Q2 2025 earnings at $0.72 EPS.
Several other equities analysts have also weighed in on PSN. The Goldman Sachs Group reduced their price objective on Parsons from $109.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday. TD Cowen downgraded Parsons from a “buy” rating to a “hold” rating and set a $105.00 price objective on the stock. in a research report on Friday, February 21st. Robert W. Baird lowered their price target on Parsons from $125.00 to $78.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Raymond James downgraded Parsons from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 2nd. Finally, KeyCorp reduced their price objective on Parsons from $122.00 to $102.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $100.67.
Parsons Price Performance
Shares of NYSE PSN opened at $60.17 on Monday. The stock has a fifty day simple moving average of $85.13 and a two-hundred day simple moving average of $95.06. Parsons has a 1-year low of $57.22 and a 1-year high of $114.68. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of 79.17, a price-to-earnings-growth ratio of 0.93 and a beta of 0.73. The company has a current ratio of 1.29, a quick ratio of 1.55 and a debt-to-equity ratio of 0.31.
Institutional Trading of Parsons
Several large investors have recently modified their holdings of the business. Creative Planning boosted its position in Parsons by 15.0% during the 3rd quarter. Creative Planning now owns 8,490 shares of the company’s stock valued at $880,000 after acquiring an additional 1,109 shares in the last quarter. Allworth Financial LP raised its holdings in Parsons by 43.6% in the 3rd quarter. Allworth Financial LP now owns 6,585 shares of the company’s stock worth $683,000 after acquiring an additional 1,999 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in Parsons in the 3rd quarter worth approximately $1,337,000. Wealth Enhancement Advisory Services LLC raised its stake in Parsons by 63.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,707 shares of the company’s stock valued at $592,000 after buying an additional 2,209 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Parsons during the 3rd quarter valued at $72,000. 98.02% of the stock is owned by institutional investors.
Parsons 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. 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.
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