Parsons Corporation (PSN)
NYSE: PSN · IEX Real-Time Price · USD
79.25
+1.76 (2.27%)
May 24, 2024, 4:00 PM EDT - Market closed

Parsons Statistics

Total Valuation

Parsons has a market cap or net worth of $11.63 billion. The enterprise value is $12.61 billion.

Market Cap 11.63B
Enterprise Value 12.61B

Important Dates

The last earnings date was Wednesday, May 1, 2024, before market open.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

Parsons has 146.75 million shares outstanding. The number of shares has increased by 1.07% in one year.

Shares Outstanding 146.75M
Shares Change (YoY) +1.07%
Shares Change (QoQ) +0.90%
Owned by Insiders (%) 0.89%
Owned by Institutions (%) 99.84%
Float 46.28M

Valuation Ratios

The trailing PE ratio is 440.28 and the forward PE ratio is 27.33.

PE Ratio 440.28
Forward PE 27.33
PS Ratio 2.00
Forward PS 1.87
PB Ratio 5.41
P/FCF Ratio 37.26
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 64.75, with an EV/FCF ratio of 40.42.

EV / Earnings 446.68
EV / Sales 2.17
EV / EBITDA 64.75
EV / EBIT 160.33
EV / FCF 40.42

Financial Position

The company has a current ratio of 1.79, with a Debt / Equity ratio of 0.66.

Current Ratio 1.79
Quick Ratio 1.07
Debt / Equity 0.66
Debt / EBITDA 7.23
Debt / FCF 4.51
Interest Coverage 2.07

Financial Efficiency

Return on equity (ROE) is 1.30% and return on invested capital (ROIC) is 7.48%.

Return on Equity (ROE) 1.30%
Return on Assets (ROA) 0.60%
Return on Capital (ROIC) 7.48%
Revenue Per Employee $313,782
Profits Per Employee $1,527
Employee Count 18,500
Asset Turnover 1.21
Inventory Turnover n/a

Taxes

In the past 12 months, Parsons has paid $12.40 million in taxes.

Income Tax 12.40M
Effective Tax Rate 30.51%

Stock Price Statistics

The stock price has increased by +82.73% in the last 52 weeks. The beta is 0.86, so Parsons's price volatility has been lower than the market average.

Beta (1Y) 0.86
52-Week Price Change +82.73%
50-Day Moving Average 79.65
200-Day Moving Average 67.11
Relative Strength Index (RSI) 56.15
Average Volume (30 Days) 902,023

Short Selling Information

The latest short interest is 4.11 million, so 2.80% of the outstanding shares have been sold short.

Short Interest 4.11M
Short Previous Month 4.23M
Short % of Shares Out 2.80%
Short % of Float 8.88%
Short Ratio (days to cover) 6.06

Income Statement

In the last 12 months, Parsons had revenue of $5.80 billion and earned $28.24 million in profits. Earnings per share was $0.18.

Revenue 5.80B
Gross Profit 1.27B
Operating Income 383.04M
Pretax Income 40.64M
Net Income 28.24M
EBITDA 194.82M
EBIT 78.68M
Earnings Per Share (EPS) $0.18
Full Income Statement

Balance Sheet

The company has $423.12 million in cash and $1.41 billion in debt, giving a net cash position of -$985.04 million or -$6.71 per share.

Cash & Cash Equivalents 423.12M
Total Debt 1.41B
Net Cash -985.04M
Net Cash Per Share -$6.71
Equity / Book Value 2.15B
Book Value Per Share 14.65
Working Capital 1.07B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $353.27 million and capital expenditures -$41.16 million, giving a free cash flow of $312.11 million.

Operating Cash Flow 353.27M
Capital Expenditures -41.16M
Free Cash Flow 312.11M
FCF Per Share $2.95
Full Cash Flow Statement

Margins

Gross margin is 21.96%, with operating and profit margins of 6.60% and 0.49%.

Gross Margin 21.96%
Operating Margin 6.60%
Pretax Margin 0.70%
Profit Margin 0.49%
EBITDA Margin 3.36%
EBIT Margin 1.36%
FCF Margin 5.38%

Dividends & Yields

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

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.07%
Shareholder Yield -1.07%
Earnings Yield 0.24%
FCF Yield 2.68%
Dividend Details

Analyst Forecast

The average price target for Parsons is $83.10, which is 4.86% higher than the current price. The consensus rating is "Strong Buy".

Price Target $83.10
Price Target Difference 4.86%
Analyst Consensus Strong Buy
Analyst Count 10
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
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

Scores

Parsons has an Altman Z-Score of 3.91 and a Piotroski F-Score of 6.

Altman Z-Score 3.91
Piotroski F-Score 6