Parsons Corp Stock Today
| PSN Stock | USD 99.39 4.09 4.29% |
Performance1 of 100
| Odds Of DistressLess than 6
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Parsons Corp is selling at 99.39 as of the 21st of November 2024; that is 4.29% increase since the beginning of the trading day. The stock's open price was 95.3. Parsons Corp has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during 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 2nd of December 2022 and ending today, the 21st of November 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 106.19 M outstanding shares of which 2.71 M shares are at this time shorted by investors with about 3.42 days to cover. More on Parsons Corp
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Parsons Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Carey Smith | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Computers (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [SENSIO TECHNOLOGIES, PTSC Thanh Hoa Port JSC] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Aerospace & Defense, Information Technology Services, Industrials, NYSE Composite, SP Midcap 400, Computers, Industrials, Aerospace & Defense, Specialty Industrial Machinery, Industrials, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsParsons 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.
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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 19,000 people. Parsons Corp is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 10.12 B. Parsons Corp runs under Aerospace & Defense sector within Industrials industry. The entity has 106.19 M outstanding shares of which 2.71 M shares are at this time shorted by investors with about 3.42 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 AllocationThe 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.
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Parsons Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Mackenzie Investments | 2024-09-30 | 1 M | |
| State Street Corp | 2024-06-30 | 1 M | |
| Fuller & Thaler Asset Management Inc | 2024-09-30 | 1 M | |
| Ameriprise Financial Inc | 2024-06-30 | 882.4 K | |
| William Blair Investment Management, Llc | 2024-09-30 | 876.5 K | |
| Citadel Advisors Llc | 2024-06-30 | 860.9 K | |
| D. E. Shaw & Co Lp | 2024-06-30 | 762.2 K | |
| Norges Bank | 2024-06-30 | 697.9 K | |
| Allspring Global Investments Holdings, Llc | 2024-06-30 | 694.7 K | |
| Newport Trust Co. | 2024-09-30 | 54.9 M | |
| Vanguard Group Inc | 2024-09-30 | 4.5 M |
Parsons Corp Historical Income Statement
Parsons Stock Against Markets
Parsons Corp Corporate Management
| Debra Fiori | Chief People Officer | Profile | |
| Susan Balaguer | Chief Human Resource Officer | Profile | |
| Letitia Long | Independent Director | Profile | |
| James Shappell | Managing Chairman | Profile | |
| Dana Turturro | Senior Acquisition | Profile |
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 0.71 | 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.