Parsons Corp
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $54.33
- Today's High:
- $55.72
- Open Price:
- $54.7
- 52W Low:
- $38.67
- 52W High:
- $57.49
- Prev. Close:
- $54.81
- Volume:
- 878545
Company Statistics
- Market Cap.:
- $6.00 billion
- Book Value:
- 20.208
- Revenue TTM:
- $4.77 billion
- Operating Margin TTM:
- 5.14%
- Gross Profit TTM:
- $946.72 million
- Profit Margin:
- 2.65%
- Return on Assets TTM:
- 3.56%
- Return on Equity TTM:
- 8.18%
Company Profile
Parsons Corp had its IPO on 2019-05-08 under the ticker symbol PSN.
The company operates in the Technology sector and Information Technology Services industry. Parsons Corp has a staff strength of 17,000 employees.
Stock update
Shares of Parsons Corp opened at $54.7 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $54.33 - $55.72, and closed at $55.71.
This is a +1.64% increase from the previous day's closing price.
A total volume of 878,545 shares were traded at the close of the day’s session.
In the last one week, shares of Parsons Corp have slipped by -2.59%.
Parsons Corp's Key Ratios
Parsons Corp has a market cap of $6.00 billion, indicating a price to book ratio of 2.5098 and a price to sales ratio of 1.203.
In the last 12-months Parsons Corp’s revenue was $4.77 billion with a gross profit of $946.72 million and an EBITDA of $359.33 million. The EBITDA ratio measures Parsons Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Parsons Corp’s operating margin was 5.14% while its return on assets stood at 3.56% with a return of equity of 8.18%.
In Q2, Parsons Corp’s quarterly earnings growth was a positive 129.5% while revenue growth was a positive 34.5%.
Parsons Corp’s PE and PEG Ratio
- Forward PE
- 14.9254
- Trailing PE
- 50.6106
- PEG
Its diluted EPS in the last 12-months stands at $1.13 per share while it has a forward price to earnings multiple of 14.9254 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Parsons Corp’s profitability.
Parsons Corp stock is trading at a EV to sales ratio of 1.3924 and a EV to EBITDA ratio of 18.3617. Its price to sales ratio in the trailing 12-months stood at 1.203.
Parsons Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $4.51 billion
- Total Liabilities
- $1.29 billion
- Operating Cash Flow
- $-84218000.00
- Capital Expenditure
- $9.81 million
- Dividend Payout Ratio
- 0%
Parsons Corp ended 2024 with $4.51 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.51 billion while shareholder equity stood at $2.12 billion.
Parsons Corp ended 2024 with $0 in deferred long-term liabilities, $1.29 billion in other current liabilities, 146312000.00 in common stock, $111.51 million in retained earnings and $1.69 billion in goodwill. Its cash balance stood at $178.59 million and cash and short-term investments were $178.59 million. The company’s total short-term debt was $57,085,000 while long-term debt stood at $744.78 million.
Parsons Corp’s total current assets stands at $1.98 billion while long-term investments were $118.86 million and short-term investments were $0. Its net receivables were $1.66 billion compared to accounts payable of $237.23 million and inventory worth $0.
In 2024, Parsons Corp's operating cash flow was $-84218000.00 while its capital expenditure stood at $9.81 million.
Comparatively, Parsons Corp paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $55.71
- 52-Week High
- $57.49
- 52-Week Low
- $38.67
- Analyst Target Price
- $60.78
Parsons Corp stock is currently trading at $55.71 per share. It touched a 52-week high of $57.49 and a 52-week low of $57.49. Analysts tracking the stock have a 12-month average target price of $60.78.
Its 50-day moving average was $52.36 and 200-day moving average was $47 The short ratio stood at 5.39 indicating a short percent outstanding of 0%.
Around 95.9% of the company’s stock are held by insiders while 10096.5% are held by institutions.
Frequently Asked Questions About Parsons Corp
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About
Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cybersecurity; missile defense technical solutions; C5ISR; space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; nuclear and chemical waste remediation; border security and critical infrastructure protection; counter unmanned air systems; and biometrics and biosurveillance solutions to U.S. Department of Defense, including military services; Missile Defense Agency, the Department of Energy; the Department of State; the Department of Homeland Security, and the Federal Aviation Administration. Further, it provides integrated traffic solutions for arterials, smart intersections, airport landside, ports, and tolling integrators; systems optimization, communications-based train control, rail system design and system assurance services; engineering, program management, and environmental solutions to private sector industrial clients and public utilities; digital transformation, advisory services, AI/ML, and digital twin and cyber services; planning, engineering, and management services for infrastructure, including bridges and tunnels, roads and highways, water and wastewater, and dams and reservoirs. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.