Q1 Earnings Estimate for Parsons Issued By William Blair

Parsons Co. (NYSE:PSN) – Research analysts at William Blair issued their Q1 2025 earnings per share (EPS) estimates for Parsons in a note issued to investors on Thursday, February 20th. William Blair analyst L. Dipalma expects that the company will earn $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 brokerages have also commented on PSN. Truist Financial cut their target price on Parsons from $130.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. KeyCorp dropped their price objective on Parsons from $122.00 to $102.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. The Goldman Sachs Group upgraded Parsons from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $103.00 to $111.00 in a research note on Thursday, December 12th. TD Cowen lowered Parsons from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a research note on Friday. Finally, Jefferies Financial Group dropped their price objective on Parsons from $110.00 to $100.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $102.11.

Parsons Stock Performance

Shares of NYSE PSN opened at $59.45 on Monday. The business has a fifty day simple moving average of $85.91 and a 200 day simple moving average of $95.24. The company has a current ratio of 1.29, a quick ratio of 1.55 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $6.35 billion, a price-to-earnings ratio of 78.22, a PEG ratio of 0.93 and a beta of 0.73. Parsons has a one year low of $57.86 and a one year high of $114.68.

Institutional Trading of Parsons

Hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC acquired a new stake in shares of Parsons in the fourth quarter valued at $25,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Parsons in the fourth quarter valued at $25,000. ORG Wealth Partners LLC acquired a new stake in shares of Parsons in the fourth quarter valued at $26,000. True Wealth Design LLC acquired a new stake in shares of Parsons in the third quarter valued at $30,000. Finally, Huntington National Bank increased its stake in shares of Parsons by 28,900.0% in the fourth quarter. Huntington National Bank now owns 290 shares of the company’s stock valued at $27,000 after buying an additional 289 shares in the last quarter. 98.02% of the stock is currently owned by institutional investors and hedge funds.

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.