Parsons Corporation (PSN)

NYSE: PSN · IEX Real-Time Price · USD
39.75
-0.55 (-1.36%)
Jun 29, 2022 4:00 PM EDT - Market closed

Total Valuation

Parsons has a market cap or net worth of $4.12 billion. The enterprise value is $4.62 billion.

Market Cap 4.12B
Enterprise Value 4.62B

Important Dates

The next earnings date is Wednesday, August 3, 2022, before market open.

Estimated Earnings Date Aug 3, 2022
Ex-Dividend Date n/a

Share Statistics

Parsons has 103.73 million shares outstanding. The number of shares has increased by 1.28% in one year.

Shares Outstanding 103.73M
Shares Change (YoY) +1.28%
Shares Change (QoQ) +1.38%
Owned by Insiders (%) 0.68%
Owned by Institutions (%) 100.94%
Float 33.38M

Valuation Ratios

PE Ratio 57.61
Forward PE 14.12
PS Ratio 1.10
PB Ratio 2.15
P/FCF Ratio 18.25
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.83, with a EV/FCF ratio of 20.45.

EV / Earnings 61.05
EV / Sales 1.24
EV / EBITDA 17.83
EV / EBIT 38.78
EV / FCF 20.45

Financial Position

The company has a current ratio of 1.63, with a Debt / Equity ratio of 0.41.

Current Ratio 1.63
Quick Ratio 0.92
Debt / Equity 0.41
Debt / EBITDA 3.03
Debt / FCF 3.47

Financial Efficiency

Return on equity (ROE) is 4.10%, which is considered low. The company has a high ROIC of 7.20%.

Return on Equity (ROE) 4.10%
Return on Assets (ROA) 2.00%
Return on Capital (ROIC) 7.20%
Revenue Per Employee $240,977
Profits Per Employee $4,884
Employee Count 15,500
Asset Turnover 0.98
Inventory Turnover n/a

Taxes

In the past 12 months, Parsons has paid $26.38 million in taxes.

Income Tax 26.38M
Effective Tax Rate 25.84%

Stock Price Statistics

The stock price has increased by +0.43% in the last 52 weeks. The beta is 0.94, so Parsons's price volatility has been similar to the market average.

Beta (1Y) 0.94
52-Week Price Change +0.43%
50-Day Moving Average 38.35
200-Day Moving Average 35.81
Average Volume (30 Days) 454,077

Short Selling Information

The latest short interest is 3.03 million, so 2.92% of the outstanding shares have been sold short.

Short Interest 3.03M
Short % of Shares Out 2.92%
Short % of Float 9.08%
Short Ratio (days to cover) 7.12

Income Statement

In the last 12 months, Parsons had revenue of $3.74 billion and earned 75.70 million in profits. Earnings per share was $0.69.

Revenue 3.74B
Gross Profit 862.38M
Operating Income 107.58M
Pretax Income 102.08M
Net Income 75.70M
EBITDA 259.22M
EBIT 119.17M
Earnings Per Share (EPS) $0.69
Full Income Statement

Balance Sheet

The company has $286.76 million in cash and $784.92 million in debt, giving a net cash position of -$498.16 million or -$4.80 per share.

Cash & Cash Equivalents 286.76M
Total Debt 784.92M
Net Cash -498.16M
Net Cash Per Share -$4.80
Book Value 1.92B
Book Value Per Share 18.49
Working Capital 632.11M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $245.83 million and capital expenditures -$19.85 million, giving a free cash flow of $225.97 million.

Operating Cash Flow 245.83M
Capital Expenditures -19.85M
Free Cash Flow 225.97M
FCF Per Share $2.18
Full Cash Flow Statement

Margins

Gross margin is 23.09%, with operating and profit margins of 2.88% and 2.03%.

Gross Margin 23.09%
Operating Margin 2.88%
Pretax Margin 2.73%
Profit Margin 2.03%
EBITDA Margin 6.94%
EBIT Margin 3.19%
FCF Margin 6.05%

Dividends & Yields

Parsons does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 1.84%
FCF Yield 5.48%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield n/a
Shareholder Yield n/a
Dividend Details

Analyst Forecast

The average price target for Parsons is $43.18, which is 8.63% higher than the current price. The consensus rating is "Buy".

Price Target $43.18
Price Target Difference 8.63%
Analyst Consensus Buy
Analyst Count 14
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a