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PSN

PSN - Parsons Corp Stock Price, Fair Value and News

78.09USD-0.54 (-0.69%)Market Closed

Market Summary

PSN
USD78.09-0.54
Market Closed
-0.69%

PSN Alerts

  • Big jump in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

PSN Stock Price

View Fullscreen

PSN RSI Chart

PSN Valuation

Market Cap

11.5B

Price/Earnings (Trailing)

405.78

Price/Sales (Trailing)

1.97

EV/EBITDA

49.71

Price/Free Cashflow

32.44

PSN Price/Sales (Trailing)

PSN Profitability

EBT Margin

1.60%

Return on Equity

1.31%

Return on Assets

0.55%

Free Cashflow Yield

3.08%

PSN Fundamentals

PSN Revenue

Revenue (TTM)

5.8B

Rev. Growth (Yr)

30.87%

Rev. Growth (Qtr)

2.77%

PSN Earnings

Earnings (TTM)

28.2M

Earnings Growth (Yr)

-520.13%

Earnings Growth (Qtr)

-339.06%

Breaking Down PSN Revenue

Last 7 days

2.3%

Last 30 days

1.3%

Last 90 days

-5.1%

Trailing 12 Months

61.8%

How does PSN drawdown profile look like?

PSN Financial Health

Current Ratio

1.79

Debt/Equity

0.58

Debt/Cashflow

0.28

PSN Investor Care

Shares Dilution (1Y)

39.95%

Diluted EPS (TTM)

0.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20245.8B000
20234.4B4.8B5.1B5.4B
20223.7B3.9B4.0B4.2B
20213.8B3.7B3.7B3.7B
20204.0B4.0B4.0B3.9B
20193.7B3.8B3.8B4.0B
20183.2B3.3B3.4B3.6B
20170003.0B
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Tracking the Latest Insider Buys and Sells of Parsons Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 16, 2024
ball george l.
acquired
-
-
2,179
-
Apr 16, 2024
lord ellen m.
acquired
-
-
2,179
-
Apr 16, 2024
vautrinot suzanne m
acquired
-
-
2,179
-
Apr 16, 2024
mitchell m christian
acquired
-
-
2,179
-
Apr 16, 2024
long letitia a
acquired
-
-
2,179
-
Apr 16, 2024
mcmahon harry t.
acquired
-
-
2,179
-
Apr 16, 2024
leer steven f
acquired
-
-
2,179
-
Apr 16, 2024
holdsworth mark keith
acquired
-
-
2,179
-
Apr 16, 2024
mcdew darren w
acquired
-
-
2,179
-
Apr 16, 2024
wajsgras david c
acquired
-
-
2,179
-

1–10 of 50

Which funds bought or sold PSN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 21, 2024
Abich Financial Wealth Management LLC
new
-
83.00
83.00
-%
Jun 11, 2024
EverSource Wealth Advisors, LLC
new
-
6,516
6,516
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
13,000
57,000
-%
May 24, 2024
Cetera Investment Advisers
added
54.89
254,021
496,207
-%
May 22, 2024
BURNEY CO/
added
14.13
3,084,660
9,136,360
0.35%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.19
704,021
3,474,360
-%
May 16, 2024
JANE STREET GROUP, LLC
new
-
77,123
77,123
-%
May 16, 2024
CASTLEARK MANAGEMENT LLC
reduced
-56.73
-4,224,210
5,653,870
0.23%
May 16, 2024
Tidal Investments LLC
new
-
852,643
852,643
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-69.07
-5,133,410
3,553,500
-%

1–10 of 40

Are Funds Buying or Selling PSN?

Are funds buying PSN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PSN
No. of Funds

Unveiling Parsons Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 05, 2024
newport trust company, llc
56.24%
58,993,973
SC 13G/A
Feb 10, 2023
newport trust co
60.47%
62,588,623
SC 13G/A
Feb 11, 2022
newport trust co
67.22%
68,737,336
SC 13G/A
Feb 11, 2021
newport trust co
74.60%
75,143,538
SC 13G/A
Feb 11, 2020
newport trust co
78.16%
77,579,243
SC 13G

Recent SEC filings of Parsons Corp

View All Filings
Date Filed Form Type Document
May 01, 2024
8-K
Current Report
May 01, 2024
10-Q
Quarterly Report
Apr 22, 2024
8-K
Current Report
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading

Peers (Alternatives to Parsons Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
194.2B
64.5B
0.63% 0.58%
27.93
3.01
1.46% -2.94%
158.1B
62.1B
-0.75% 31.42%
19.33
2.55
2.45% 346.26%
34.0B
19.3B
-1.00% 9.20%
16.25
1.76
-0.58% -9.32%
31.7B
21.1B
-0.29% 31.96%
29.04
1.5
-7.67% -0.37%
23.7B
6.4B
-1.60% 26.58%
33.93
3.7
7.68% 26.07%
MID-CAP
9.7B
7.3B
1.43% 30.35%
24.61
1.32
10.28% 6.24%
4.9B
1.7B
-3.47% 0.10%
26.85
2.93
12.34% 15.10%
4.1B
4.4B
-8.88% 25.63%
19.56
0.93
-5.37% -17.11%
3.4B
13.7B
14.14% -30.14%
36.82
0.25
-5.29% 116.02%
SMALL-CAP
1.7B
302.0M
21.43% 1639.43%
2.8K
4.93
-16.01% -96.16%
1.7B
6.7B
-4.45% -8.77%
-9.03
0.25
-6.72% 6.15%
781.3M
312.6M
1.19% 9.55%
346.16
2.5
-2.04% 106.54%
624.0M
3.7B
-13.84% -5.28%
-3.27
0.17
-2.41% 41.05%
560.2M
36.9M
-2.49% -7.16%
-13.26
15.16
20.62% 24.62%
136.7M
62.1M
-9.02% 6.85%
25.15
2.2
0.80% 60.81%

Parsons Corp News

Latest updates
Defense World12 hours ago
Defense World19 Jun 202411:17 am
Zacks Investment Research29 Apr 202407:00 am

Parsons Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.8%1,5361,4941,4191,3561,1731,1031,1341,0099499519568798759641,0049799711,0371,023990904
  S&GA Expenses-7.0%221238221212199195197200185190191188188192166188184200179225178
EBITDA Margin-44.2%0.04*0.08*0.08*0.08*0.07*0.07*0.08*0.08*0.08*0.07*0.07*0.08*---------
Interest Expenses42.4%13.009.009.007.006.008.006.005.004.004.004.005.005.007.005.004.004.004.005.006.008.00
Income Taxes-327.1%-32.2314.0015.0015.0012.0012.0014.006.008.005.009.004.005.0010.0016.0012.005.00-2.82-15.45-53.502.00
Earnings Before Taxes-272.1%-12472.0075.0070.0047.0048.0057.0029.0032.0041.0036.0016.0019.0036.0063.0043.0019.0019.0046.00-13.3515.00
EBT Margin-67.0%0.02*0.05*0.05*0.05*0.04*0.04*0.04*0.04*0.03*0.03*0.03*0.04*---------
Net Income-339.1%-10745.0047.0043.0026.0028.0030.0018.0021.0029.0019.007.009.0022.0041.0023.0013.0014.0057.0040.0010.00
Net Income Margin-83.6%0.00*0.03*0.03*0.03*0.02*0.02*0.02*0.02*0.02*0.02*0.02*0.02*---------
Free Cashflow-133.4%-63.4219020423.00-8.9989.0012351.00-25.7190.0077.00104---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets6.1%5,0984,8044,7334,5084,2564,1984,0954,1103,8093,8313,8243,8393,8653,9383,9193,4513,4893,4503,3633,2553,033
  Current Assets13.6%2,4272,1382,0161,9801,8011,7201,6111,5841,6411,6321,5871,7941,8021,8432,0821,5891,6021,5261,4741,5961,431
    Cash Equivalents55.0%423273205179220263148126286343276483398484614130119183134203121
  Net PPE-0.5%98.0099.0099.0095.0095.0099.0095.0098.0098.0010410611111612112112512512310910197.00
  Goodwill-0.1%1,7911,7931,7971,69322.001,6621,6611,6721,4131,4131,4111431,2611,2621,0461,0451,0441,0471,050--
Liabilities17.6%2,8552,4272,4852,3172,1302,1022,0902,1451,8581,8941,9701,9892,0252,0762,1491,7451,8211,7901,7681,7172,028
  Current Liabilities-4.1%1,3541,4111,3941,2951,1401,1081,1491,0991,0091,0311,0611,0771,1111,1871,2471,1311,1511,1441,1561,1101,189
  Long Term Debt67.1%1,246746820745744744695793592592591591590540537249314249249249509
    LT Debt, Current------------50.0050.0050.0050.00------
    LT Debt, Non Current67.1%1,246746820745744744695793592592591591590540537--249---
Shareholder's Equity-6.0%2,1502,2872,1732,1912,1262,0962,0051,9651,9511,9371,8541,8501,8401,8611,7691,7061,6671,661---
  Retained Earnings-57.2%87.0020415911268.0043.0015.00-14.56-32.86-53.53-82.66-102-108-120-142-182-206-218-64.90-42476.00
  Additional Paid-In Capital-0.7%2,7602,7792,7292,7212,7122,7172,6792,6762,6792,6852,6702,6742,6672,7012,6752,6582,6522,6509.00--
Shares Outstanding4.9%48.0046.0045.0044.0042.0041.0039.0038.0035.0033.0033.0030.00---------
Minority Interest4.5%93.0090.0075.0071.0062.0052.0052.0036.0032.0036.0030.0037.0044.0048.0042.0039.0032.0031.0028.0037.0032.00
Float----5,000---4,200---4,000---3,700---3,700-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-133.4%-63,420190,133203,58022,976-8,99089,158123,03251,050-25,71489,86077,251104,428-65,965175,722144,88387,539-118,98389,612179,12311,613-60,108
  Share Based Compensation0.3%10,52310,4937,8948,9866,9928,0176,6334,4603,8984,6434,1834,1557,2064,1904,6124,1802,252-9529,224--
Cashflow From Investing6.6%-45,510-48,725-243,027-63,456-20,762-14,7911,160-390,407-13,430-10,443-210,622-8,797-11,045-310,292-10,255-13,620-12,202-29,093-229,502-11,149-301,059
Cashflow From Financing449.5%259,509-74,25166,565-1,683-12,50240,183-102,268180,855-18,402-10,838-73,406-11,035-11,2243,136345,937-64,55963,712-11,266-14,19180,870210,623
  Dividend Payments----------------------
  Buy Backs-100.0%-3,000-2,0006,0002,5003,95210,0005,54813,0008,701----------
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PSN Income Statement

2024-03-31
Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenue$ 1,535,676$ 1,173,466
Direct cost of contracts1,210,827917,188
Equity in losses of unconsolidated joint ventures(2,060)(5,840)
Selling, general and administrative expenses220,945199,308
Operating income101,84451,130
Interest income1,152793
Interest expense(12,998)(6,458)
Loss on extinguishment of debt(211,018)0
Other income (expense), net(3,326)1,314
Total other income (expense)(226,190)(4,351)
(Loss) income before income tax expense(124,346)46,779
Income tax benefit (expense)32,234(11,503)
Net (loss) income including noncontrolling interests(92,112)35,276
Net income attributable to noncontrolling interests(15,243)(9,723)
Net (loss) income attributable to Parsons Corporation$ (107,355)$ 25,553
(Loss) earnings per share:  
Basic$ (1.01)$ 0.24
Diluted$ (1.01)$ 0.23

PSN Balance Sheet

2024-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents (including $84,810 and $128,761 Cash of consolidated joint ventures)$ 423,120$ 272,943
Accounts receivable, net (including $332,308 and $274,846 Accounts receivable of consolidated joint ventures, net)1,023,463915,638
Contract assets (including $8,521 and $11,096 Contract assets of consolidated joint ventures)768,007757,515
Prepaid expenses and other current assets (including $15,808 and $11,929 Prepaid expenses and other current assets of consolidated joint ventures)212,664191,430
Total current assets2,427,2542,137,526
Property and equipment, net (including $3,565 and $3,274 Property and equipment of consolidated joint ventures, net)98,49998,957
Right of use assets, operating leases (including $8,656 and $9,885 Right of use assets, operating leases of consolidated joint ventures)145,803159,211
Goodwill1,791,4431,792,665
Investments in and advances to unconsolidated joint ventures145,043128,204
Intangible assets, net261,856275,566
Deferred tax assets157,547140,162
Other noncurrent assets70,99871,770
Total assets5,098,4434,804,061
Current liabilities:  
Accounts payable (including $33,339 and $49,234 Accounts payable of consolidated joint ventures)274,140242,821
Accrued expenses and other current liabilities (including $165,434 and $145,040 Accrued expenses and other current liabilities of consolidated joint ventures)739,211801,423
Contract liabilities (including $60,374 and $61,234 Contract liabilities of consolidated joint ventures)282,962301,107
Short-term lease liabilities, operating leases (including $4,445 and $4,753 Short-term lease liabilities, operating leases of consolidated joint ventures)55,02458,556
Income taxes payable2,3666,977
Total current liabilities1,353,7031,410,884
Long-term employee incentives24,44722,924
Long-term debt1,246,443745,963
Long-term lease liabilities, operating leases (including $4,211 and $5,132 Long-term lease liabilities, operating leases of consolidated joint ventures)106,692117,505
Deferred tax liabilities9,7639,775
Other long-term liabilities114,238120,295
Total liabilities2,855,2862,427,346
Contingencies (Note 12)
Shareholders' equity:  
Common stock, $1 par value; authorized 1,000,000,000 shares; 146,717,387 and 146,341,363 shares issued; 48,205,185 and 45,960,122 public shares outstanding; 57,998,295 and 59,879,857 ESOP shares outstanding146,717146,341
Treasury stock, 40,501,385 shares at cost(827,311)(827,311)
Additional paid-in capital2,759,8672,779,365
Retained earnings87,261203,724
Accumulated other comprehensive loss(16,866)(14,908)
Total Parsons Corporation shareholders' equity2,149,6682,287,211
Noncontrolling interests93,48989,504
Total shareholders' equity2,243,1572,376,715
Total liabilities and shareholders' equity$ 5,098,443$ 4,804,061
PSN
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.
 CEO
 WEBSITEparsons.com
 INDUSTRYIT Services
 EMPLOYEES17000

Parsons Corp Frequently Asked Questions


What is the ticker symbol for Parsons Corp? What does PSN stand for in stocks?

PSN is the stock ticker symbol of Parsons Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Parsons Corp (PSN)?

As of Fri Jun 21 2024, market cap of Parsons Corp is 11.46 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PSN stock?

You can check PSN's fair value in chart for subscribers.

What is the fair value of PSN stock?

You can check PSN's fair value in chart for subscribers. The fair value of Parsons Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Parsons Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PSN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Parsons Corp a good stock to buy?

The fair value guage provides a quick view whether PSN is over valued or under valued. Whether Parsons Corp is cheap or expensive depends on the assumptions which impact Parsons Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PSN.

What is Parsons Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, PSN's PE ratio (Price to Earnings) is 405.78 and Price to Sales (PS) ratio is 1.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PSN PE ratio will change depending on the future growth rate expectations of investors.