Parsons (PSN)

• Market cap: $10.2B
• 1 day: 0.61%
• 5 days: -0.80%
• 1 month: 0.40%
• 3 months: -4.21%
• 6 months: 21.68%
• Year to date: 52.84%
• 1 year: 53.80%
• 5 years: 134.05%
• 10 years: 218.19%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

About: 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.

Employees: 6,551

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

9,515% more call options, than puts

Call options by funds: $268M | Put options by funds: $2.79M

150% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 10 (+6) [Q3]

64% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 56

26% more capital invested

Capital invested by funds: $8.65B [Q2] → $10.9B (+$2.26B) [Q3]

11% more funds holding

Funds holding: 341 [Q2] → 377 (+36) [Q3]

0.51% less ownership

Funds ownership: 99.59% [Q2] → 99.08% (-0.51%) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 126

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $110 15% upside
• Avg. target: $117 22% upside
• High target: $125 31% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Goldman Sachs Noah Poponak 61% 1-year accuracy 19 / 31 met price target	16% upside $111	Buy Upgraded	12 Dec 2024
Truist Securities Tobey Sommer 43% 1-year accuracy 22 / 51 met price target	15% upside $110	Buy Maintained	22 Nov 2024
Keybanc Sangita Jain 55% 1-year accuracy 23 / 42 met price target	28% upside $122	Overweight Maintained	31 Oct 2024
Baird Andrew Wittmann 81% 1-year accuracy 26 / 32 met price target	31% upside $125	Outperform Maintained	31 Oct 2024
Raymond James Brian Gesuale 50% 1-year accuracy 8 / 16 met price target	20% upside $115	Outperform Downgraded	23 Oct 2024