Q1 Earnings Forecast for Parsons Issued By William Blair

Parsons Co. (NYSE:PSN) – Equities researchers at William Blair issued their Q1 2025 earnings estimates for shares of Parsons in a research report issued on Thursday, February 20th. William Blair analyst L. Dipalma forecasts that the company will post earnings of $0.60 per share for the quarter. William Blair currently 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.

A number of other research analysts have also weighed in on the stock. Raymond James lowered shares of Parsons from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 2nd. Robert W. Baird cut their target price on shares of Parsons from $125.00 to $78.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Jefferies Financial Group cut their target price on shares of Parsons from $110.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, January 24th. KeyCorp cut their target price on shares of Parsons from $122.00 to $102.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Finally, Truist Financial cut their target price on shares of Parsons from $130.00 to $110.00 and set a “buy” rating for the company in a research report on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $102.11.

Parsons Stock Down 1.3 %

PSN stock opened at $58.70 on Monday. The company has a current ratio of 1.29, a quick ratio of 1.55 and a debt-to-equity ratio of 0.31. Parsons has a 1 year low of $57.22 and a 1 year high of $114.68. The company has a fifty day simple moving average of $85.91 and a 200 day simple moving average of $95.29. The firm has a market cap of $6.27 billion, a PE ratio of 77.23, a PEG ratio of 0.93 and a beta of 0.73.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. State of New Jersey Common Pension Fund D bought a new position in shares of Parsons during the 3rd quarter worth about $2,172,000. Oppenheimer & Co. Inc. increased its stake in Parsons by 37.7% in the third quarter. Oppenheimer & Co. Inc. now owns 24,016 shares of the company’s stock valued at $2,490,000 after acquiring an additional 6,577 shares during the period. Aigen Investment Management LP bought a new stake in Parsons in the third quarter valued at about $1,004,000. Geode Capital Management LLC increased its stake in Parsons by 14.0% in the third quarter. Geode Capital Management LLC now owns 772,808 shares of the company’s stock valued at $80,146,000 after acquiring an additional 95,040 shares during the period. Finally, Empowered Funds LLC bought a new stake in Parsons in the fourth quarter valued at about $1,449,000. Institutional investors own 98.02% of the company’s stock.

About Parsons

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.