Parsons’ (PSN) “Buy” Rating Reaffirmed at Truist Financial

Parsons (NYSE:PSN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Truist Financial in a report issued on Thursday,Benzinga reports. They presently have a $85.00 price target on the stock, down from their previous price target of $90.00. Truist Financial’s price target suggests a potential upside of 38.20% from the company’s current price.

A number of other brokerages also recently issued reports on PSN. Weiss Ratings restated a “hold (c)” rating on shares of Parsons in a research report on Monday, December 29th. Barclays upped their price target on shares of Parsons from $70.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Robert W. Baird decreased their target price on shares of Parsons from $100.00 to $82.00 and set an “outperform” rating for the company in a research report on Monday, December 8th. Stifel Nicolaus cut their price objective on shares of Parsons from $94.00 to $90.00 and set a “buy” rating on the stock in a report on Tuesday, December 23rd. Finally, UBS Group reduced their target price on Parsons from $107.00 to $104.00 and set a “buy” rating for the company in a research note on Thursday, January 15th. Twelve research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.62.

Parsons Stock Up 2.1%

PSN stock traded up $1.26 during midday trading on Thursday, hitting $61.51. The company’s stock had a trading volume of 164,488 shares, compared to its average volume of 1,171,130. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.46. The company has a market cap of $6.55 billion, a PE ratio of 28.15, a P/E/G ratio of 3.93 and a beta of 0.66. The firm’s 50-day moving average is $67.05 and its 200-day moving average is $76.30. Parsons has a 12 month low of $54.56 and a 12 month high of $89.50.

Parsons (NYSE:PSN) last posted its earnings results on Wednesday, February 11th. The company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.06). The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.68 billion. Parsons had a net margin of 3.69% and a return on equity of 11.98%. The firm’s revenue was down 7.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.78 EPS. On average, equities research analysts forecast that Parsons will post 3.58 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PSN. GAMMA Investing LLC grew its position in Parsons by 10.6% in the third quarter. GAMMA Investing LLC now owns 1,412 shares of the company’s stock valued at $117,000 after acquiring an additional 135 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in Parsons by 0.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,029 shares of the company’s stock valued at $1,412,000 after purchasing an additional 144 shares during the period. Thomas Story & Son LLC grew its position in shares of Parsons by 5.7% during the third quarter. Thomas Story & Son LLC now owns 3,035 shares of the company’s stock worth $252,000 after acquiring an additional 165 shares during the last quarter. True Wealth Design LLC increased its stake in shares of Parsons by 63.9% in the second quarter. True Wealth Design LLC now owns 485 shares of the company’s stock valued at $35,000 after purchasing an additional 189 shares during the period. Finally, CI Investments Inc. raised its stake in Parsons by 32.5% during the 3rd quarter. CI Investments Inc. now owns 852 shares of the company’s stock valued at $71,000 after acquiring an additional 209 shares in the last quarter. 98.02% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Parsons

Here are the key news stories impacting Parsons this week:

• Positive Sentiment: Full‑year operational strength: Parsons reported record adjusted EBITDA ($609M) and record net income ($241M) for FY2025, plus improved adjusted EBITDA margin and several cash metrics that show profitability momentum — highlights from the company release. Parsons Reports Fourth Quarter and Fiscal Year 2025
• Positive Sentiment: Large contract wins: Management said Parsons won 15 contracts worth $100M+ each (matching last year’s record), supporting medium/long‑term backlog potential. Parsons Reports Fourth Quarter and Fiscal Year 2025
• Neutral Sentiment: Earnings call and slides: Management held its Q4/FY2025 call and posted a slide deck and transcript detailing segment performance and priorities — useful for investors wanting management’s explanation of near‑term outlook. Parsons (PSN) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 revenue and EPS missed expectations: Q4 EPS was $0.75 vs. consensus ~ $0.81 and revenue was $1.60B vs. ~$1.68B — revenue down ~8% year‑over‑year; these misses are the immediate catalyst for today’s selloff. Parsons Q4 Earnings Data and Call
• Negative Sentiment: Backlog decline and contract headwinds: Deep‑dive reporting and management commentary highlighted a declining backlog and softer wins in some segments, pressuring near‑term revenue visibility and contributing to the negative market reaction. PSN Q4 Deep Dive: Backlog Declines and Missed Estimates Amid Contract Headwinds
• Negative Sentiment: Market reaction and analyst coverage: Coverage notes and independent writeups point to the Q4 miss plus guidance ambiguity as drivers of a sharp intraday drop in the stock; investor focus will be on whether FY2026 guidance (revenue range provided) and upcoming wins restore confidence. Why Parsons Corporation’s (PSN) Stock Is Down 9.78%

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.