William Blair Comments on Parsons’ Q1 Earnings (NYSE:PSN)

Parsons Co. (NYSE:PSN) – Stock analysts at William Blair issued their Q1 2025 earnings estimates for shares of Parsons in a research note issued on Thursday, February 20th. William Blair analyst L. Dipalma anticipates 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.

A number of other equities analysts have also commented on PSN. Jefferies Financial Group reduced their target price on shares of Parsons from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. TD Cowen downgraded shares of Parsons from a “buy” rating to a “hold” rating and set a $105.00 price objective on the stock. in a research note on Friday, February 21st. Robert W. Baird cut their price target on shares of Parsons from $125.00 to $78.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. KeyCorp reduced their price target on Parsons from $122.00 to $102.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Finally, Raymond James downgraded Parsons from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 2nd. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $100.67.

Parsons Stock Performance

Parsons stock opened at $60.17 on Monday. The firm has a market capitalization of $6.42 billion, a P/E ratio of 79.17, a price-to-earnings-growth ratio of 0.93 and a beta of 0.73. The company’s 50-day moving average is $85.13 and its 200 day moving average is $95.06. Parsons has a 1-year low of $57.22 and a 1-year high of $114.68. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.29 and a quick ratio of 1.55.

Institutional Investors Weigh In On Parsons

Hedge funds have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC purchased a new stake in Parsons in the fourth quarter valued at $25,000. Aster Capital Management DIFC Ltd purchased a new position in Parsons in the 4th quarter valued at about $25,000. ORG Wealth Partners LLC purchased a new position in Parsons in the 4th quarter valued at about $26,000. Huntington National Bank lifted its stake in Parsons by 28,900.0% in the 4th 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. Finally, GAMMA Investing LLC lifted its stake in Parsons by 224.7% in the 4th quarter. GAMMA Investing LLC now owns 315 shares of the company’s stock valued at $29,000 after buying an additional 218 shares in the last quarter. 98.02% of the stock is owned by hedge funds and other institutional investors.

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.