Parsons Corporation (NYSE:PSN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Parsons Corporation (NYSE:PSN) has been assigned an average rating of “Moderate Buy” from the fifteen ratings firms that are presently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $78.1667.

A number of analysts have recently issued reports on PSN shares. Zacks Research raised shares of Parsons from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. KeyCorp lowered shares of Parsons from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, April 14th. Citigroup lowered their target price on shares of Parsons from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday. Truist Financial lowered their target price on shares of Parsons from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Finally, UBS Group lowered their target price on shares of Parsons from $104.00 to $95.00 and set a “buy” rating for the company in a research note on Thursday, February 12th.

Institutional Trading of Parsons

A number of large investors have recently made changes to their positions in PSN. Mather Group LLC. purchased a new stake in Parsons in the third quarter worth about $25,000. Aster Capital Management DIFC Ltd purchased a new stake in Parsons in the fourth quarter worth about $25,000. Danske Bank A S purchased a new stake in Parsons in the fourth quarter worth about $31,000. Los Angeles Capital Management LLC purchased a new stake in Parsons in the fourth quarter worth about $32,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Parsons in the third quarter worth about $40,000. 98.02% of the stock is owned by hedge funds and other institutional investors.

Parsons Trading Up 0.3%

PSN stock opened at $50.43 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.55. Parsons has a twelve month low of $49.38 and a twelve month high of $89.50. The stock has a market capitalization of $5.34 billion, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 1.57 and a beta of 0.73. The firm’s fifty day simple moving average is $56.93 and its two-hundred day simple moving average is $67.75.

Parsons (NYSE:PSN) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.09. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Parsons had a net margin of 3.62% and a return on equity of 11.52%. The business’s revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 earnings per share. As a group, analysts anticipate that Parsons will post 2.99 earnings per share for the current year.

Trending Headlines about Parsons

Here are the key news stories impacting Parsons this week:

• Positive Sentiment: EPS beat and margin/EBITDA strength — Parsons reported Q1 EPS of $0.79 vs. $0.70 consensus and posted a record adjusted EBITDA and expanded margins, supporting near-term profitability expectations. Parsons (PSN) Surpasses Q1 Earnings Estimates
• Positive Sentiment: Record backlog and book-to-bill — Total backlog rose to a record $9.3B (funded $6.6B) and book-to-bill was 1.4x in both segments, indicating healthy future revenue visibility. Parsons Reports First Quarter 2026 Results
• Neutral Sentiment: Guidance reiterated but revenue range slightly wide — Management reiterated FY26 guidance and issued revenue guidance of $6.5B–$6.8B (consensus ~ $6.7B), which keeps guidance intact but leaves room for execution risk. Parsons Reports First Quarter 2026 Results
• Negative Sentiment: Revenue miss and YoY decline — Q1 revenue was $1.49B vs. $1.51B expected and down ~4% year-over-year, a near-term headwind that limits upside despite the EPS beat. Parsons (NYSE:PSN) Misses Q1 CY2026 Revenue Estimates
• Negative Sentiment: Analyst price-target cut — Citi trimmed its PSN target from $70 to $65 (still a Buy), which may cap near-term upside and signals some analyst caution. Benzinga

About Parsons

Parsons Corporation (NYSE: PSN) is a technology-driven engineering, construction, technical and professional services firm. The company delivers end-to-end solutions that span feasibility studies, design and engineering, construction management, system integration and ongoing operations support. Parsons serves both government and commercial clients and focuses on critical infrastructure, defense, security, intelligence and environmental programs.

Core services include program and construction management for transportation systems, water and environmental infrastructure, cybersecurity and advanced systems integration.