James McGovern - Parsons Corp Lead Independent Director
| PSN Stock | USD 99.05 0.34 0.34% |
Insider
James McGovern is Lead Independent Director of Parsons Corp since 2019.
| Age | 73 |
| Tenure | 5 years |
| Address | 14291 Park Meadow Drive, Chantilly, VA, United States, 20151 |
| Phone | 703 988 8500 |
| Web | https://www.parsons.com |
Parsons Corp Management Efficiency
The company has Return on Asset of 0.0589 % which means that on every $100 spent on assets, it made $0.0589 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0567 %, implying that it generated $0.0567 on every 100 dollars invested. Parsons Corp's management efficiency ratios could be used to measure how well Parsons Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Parsons Corp's Net Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.06, while Total Assets are likely to drop about 3.5 B.Similar Executives
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Management Performance
| Return On Equity | 0.0567 | ||||
| Return On Asset | 0.0589 |
Parsons Corp Leadership Team
Elected by the shareholders, the Parsons Corp's board of directors comprises two types of representatives: Parsons Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parsons. The board's role is to monitor Parsons Corp's management team and ensure that shareholders' interests are well served. Parsons Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Parsons Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Leer, Lead Independent Director | ||
| Debra Fiori, Chief People Officer | ||
| Susan Balaguer, Chief Human Resource Officer | ||
| Letitia Long, Independent Director | ||
| Pierre Santoni, President EMEA | ||
| James Shappell, Managing Chairman | ||
| Dana Turturro, Senior Acquisition | ||
| Paul Decker, Chief Officer | ||
| James McGovern, Lead Independent Director | ||
| Hector Cuevas, Executive Leader | ||
| Mark Holdsworth, Independent Director | ||
| George Ball, Chief Financial Officer | ||
| Charles Harrington, Chairman of the Board, Chief Executive Officer | ||
| Matthew Ofilos, Chief Officer | ||
| Suzanne Vautrinot, Independent Director | ||
| Carey Smith, Chairwoman of the Board, President, Chief Executive Officer | ||
| Ricardo Lorenzo, Chief Officer | ||
| David Spille, Senior Relations | ||
| Jason Yaley, Chief Officer | ||
| Matt Ofilos, Chief Officer | ||
| Darren McDew, Independent Director | ||
| Scott Carl, Chief Officer | ||
| Richard Aves, Executive Geospatial | ||
| Harry McMahon, Independent Director | ||
| Michael Kolloway, General Counsel, Corporate Secretary, Chief Legal Officer | ||
| M Mitchell, Independent Director | ||
| Michael JD, Chief Secretary | ||
| David Wajsgras, Independent Director | ||
| Wendy Wickle, Chief Officer |
Parsons Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Parsons Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0567 | ||||
| Return On Asset | 0.0589 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 11.36 B | ||||
| Shares Outstanding | 106.19 M | ||||
| Shares Owned By Insiders | 0.87 % | ||||
| Shares Owned By Institutions | 99.13 % | ||||
| Number Of Shares Shorted | 2.71 M | ||||
| Price To Earning | 50.46 X |
Pair Trading with Parsons Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Parsons Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Parsons Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Parsons Stock
Moving against Parsons Stock
The ability to find closely correlated positions to Parsons Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parsons Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Parsons Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Parsons Corp to buy it.
The correlation of Parsons Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Parsons Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parsons Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Parsons Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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 0.554 | Earnings Share 0.7 | Revenue Per Share 61.431 | Quarterly Revenue Growth 0.276 | Return On Assets 0.0589 |
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.