PSN Stock Summary and Trading Ideas (Parsons | NYSE:PSN)

Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.

Parsons trades on the NYSE stock market under the symbol PSN.

As of February 21, 2025, PSN stock price declined to $59.49 with 2,737,876 million shares trading.

PSN has a market cap of $6.35 billion. This is considered a Mid Cap stock.

Last quarter Parsons reported $2 billion in Revenue and $.78 earnings per share. This fell short of revenue expectation by $-26 million and missed earnings estimates by -$.13.

In the last 3 years, PSN traded as high as $114.68 and as low as $29.91.

The top ETF exchange traded funds that PSN belongs to (by Net Assets): VTI, VB, IJH, VBR, VXF.

PSN has underperformed the market in the last year with a price return of -21.0% while the SPY ETF gained +22.1%. PSN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -40.1% and -22.6%, respectively, while the SPY returned +1.4% and -0.1%, respectively.

PSN support price is $60.36 and resistance is $63.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSN shares will trade within this expected range on the day.