Parsons Corp Stock Today

PSN Stock  USD 77.81  1.45  1.83%   

Performance

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Odds Of Distress

Less than 6

 
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Parsons Corp is selling at 77.81 as of the 25th of July 2024; that is 1.83% down since the beginning of the trading day. The stock's open price was 79.26. Parsons Corp has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Parsons Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of June 2024 and ending today, the 25th of July 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
8th of May 2019
Category
Technology
Classification
Industrials
Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia. The company has 106.25 M outstanding shares of which 4.66 M shares are at this time shorted by investors with about 4.65 days to cover. More on Parsons Corp

Moving against Parsons Stock

  0.39G Genpact LimitedPairCorr
  0.32WAVD WavedancerPairCorr
Follow Valuation Options Odds of Bankruptcy
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Parsons Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOCarey Smith
Thematic IdeaComputers (View all Themes)
Old Names[SENSIO TECHNOLOGIES, PTSC Thanh Hoa Port JSC]
Business ConcentrationAerospace & Defense, Information Technology Services, Industrials, NYSE Composite, Computers, Industrials, Aerospace & Defense, Specialty Industrial Machinery, Industrials, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03870.0335
Fairly Up
Slightly volatile
Asset Turnover1.241.1329
Significantly Up
Slightly volatile
Gross Profit Margin0.180.2216
Significantly Down
Very volatile
Non Current Liabilities Total867.3 MB
Fairly Down
Slightly volatile
Total Cash From Operating Activities289.9 M407.7 M
Way Down
Slightly volatile
Debt Levels
Parsons Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Parsons Corp's financial leverage. It provides some insight into what part of Parsons Corp's total assets is financed by creditors.
Liquidity
Parsons Corp has 927.15 M in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Parsons Corp has a current ratio of 1.41, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Parsons to invest in growth at high rates of return.

Free Cash Flow

251.27 Million
Parsons Corp (PSN) is traded on New York Stock Exchange in USA. It is located in 14291 Park Meadow Drive, Chantilly, VA, United States, 20151 and employs 18,000 people. Parsons Corp is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.42 B. Parsons Corp runs under Aerospace & Defense sector within Industrials industry. The entity has 106.25 M outstanding shares of which 4.66 M shares are at this time shorted by investors with about 4.65 days to cover. Parsons Corp has about 262.54 M in cash with 407.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22.
Check Parsons Corp Probability Of Bankruptcy
Ownership Allocation
The majority of Parsons Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Parsons Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Parsons Corp. Please pay attention to any change in the institutional holdings of Parsons Corp as this could imply that something significant has changed or is about to change at the company.
Check Parsons Ownership Details

Parsons Stock Institutional Holders

InstituionRecorded OnShares
Principal Financial Group Inc2024-03-31
M
Channing Capital Management, Llc2024-03-31
922.5 K
Fuller & Thaler Asset Management Inc2024-03-31
911.9 K
Geode Capital Management, Llc2024-03-31
896.3 K
D. E. Shaw & Co Lp2024-03-31
878.7 K
Nuveen Asset Management, Llc2024-03-31
776.7 K
Macquarie Group Ltd2024-03-31
641.9 K
Norges Bank2023-12-31
603.6 K
Morgan Stanley - Brokerage Accounts2024-03-31
600 K
Newport Trust Co.2024-03-31
58.1 M
Vanguard Group Inc2024-03-31
4.5 M
View Parsons Corp Diagnostics

Parsons Corp Historical Income Statement

At this time, Parsons Corp's Income Tax Expense is very stable compared to the past year. As of the 25th of July 2024, Tax Provision is likely to grow to about 56.7 M, while Depreciation And Amortization is likely to drop about 73.3 M. View More Fundamentals

Parsons Stock Against Markets

Parsons Corp Corporate Management

Debra FioriChief People OfficerProfile
Susan BalaguerChief Human Resource OfficerProfile
Letitia LongIndependent DirectorProfile
James ShappellManaging ChairmanProfile
Dana TurturroSenior AcquisitionProfile

Additional Information and Resources on Investing in Parsons Stock

When determining whether Parsons Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Parsons Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Parsons Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Parsons Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parsons Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Parsons Stock, please use our How to Invest in Parsons Corp guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parsons Corp. If investors know Parsons will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parsons Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.565
Earnings Share
0.18
Revenue Per Share
55.128
Quarterly Revenue Growth
0.309
Return On Assets
0.0524
The market value of Parsons Corp is measured differently than its book value, which is the value of Parsons that is recorded on the company's balance sheet. Investors also form their own opinion of Parsons Corp's value that differs from its market value or its book value, called intrinsic value, which is Parsons Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parsons Corp's market value can be influenced by many factors that don't directly affect Parsons Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parsons Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parsons Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parsons Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.