Parsons Corporation (PSN)
Parsons Statistics
Share Statistics
Parsons has 106.78M shares outstanding. The number of shares has increased by 0.5% in one year.
| Shares Outstanding | 106.78M |
| Shares Change (YoY) | 0.5% |
| Shares Change (QoQ) | 0.55% |
| Owned by Institutions (%) | 99.94% |
| Shares Floating | 105.63M |
| Failed to Deliver (FTD) Shares | 11 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 5.9M, so 5.53% of the outstanding shares have been sold short.
| Short Interest | 5.9M |
| Short % of Shares Out | 5.53% |
| Short % of Float | 12.63% |
| Short Ratio (days to cover) | 5.95 |
Valuation Ratios
The PE ratio is 41.72 and the forward PE ratio is 15.88. Parsons's PEG ratio is 0.96.
| PE Ratio | 41.72 |
| Forward PE | 15.88 |
| PS Ratio | 1.45 |
| Forward PS | 0.9 |
| PB Ratio | 4.06 |
| P/FCF Ratio | 18.73 |
| PEG Ratio | 0.96 |
Enterprise Valuation
Parsons has an Enterprise Value (EV) of 10.77B.
| EV / Sales | 1.59 |
| EV / EBITDA | 20.77 |
| EV / EBIT | 20.56 |
| EV / FCF | 20.56 |
Financial Position
The company has a current ratio of 1.29, with a Debt / Equity ratio of 0.59.
| Current Ratio | 1.29 |
| Quick Ratio | 1.29 |
| Debt / Equity | 0.59 |
| Debt / EBITDA | 2.73 |
| Debt / FCF | 2.7 |
| Interest Coverage | 8.3 |
Financial Efficiency
Return on Equity is 9.73% and Return on Invested Capital is 8.28%.
| Return on Equity | 9.73% |
| Return on Assets | 4.28% |
| Return on Invested Capital | 8.28% |
| Revenue Per Employee | $344.42K |
| Profits Per Employee | $11.99K |
| Employee Count | 19,600 |
| Asset Turnover | 1.23 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 76.99M |
| Effective Tax Rate | 20.94% |
Stock Price Statistics
The stock price has increased by -15.96% in the last 52 weeks. The beta is 0.66, so Parsons's price volatility has been higher than the market average.
| Beta | 0.66 |
| 52-Week Price Change | -15.96% |
| 50-Day Moving Average | 62.71 |
| 200-Day Moving Average | 86.71 |
| Relative Strength Index (RSI) | 59.04 |
| Average Volume (20 Days) | 1.64M |
Income Statement
In the last 12 months, Parsons had revenue of 6.75B and earned 235.05M in profits. Earnings per share was 2.24.
| Revenue | 6.75B |
| Gross Profit | 1.41B |
| Operating Income | 428.07M |
| Net Income | 235.05M |
| EBITDA | 518.48M |
| EBIT | 419.23M |
| Earnings Per Share (EPS) | 2.24 |
Balance Sheet
The company has 453.55M in cash and 1.41B in debt, giving a net cash position of -961.06M.
| Cash & Cash Equivalents | 453.55M |
| Total Debt | 1.41B |
| Net Cash | -961.06M |
| Retained Earnings | 426.78M |
| Total Assets | 5.49B |
| Working Capital | 546.76M |
Cash Flow
In the last 12 months, operating cash flow was 523.61M and capital expenditures 0, giving a free cash flow of 523.61M.
| Operating Cash Flow | 523.61M |
| Capital Expenditures | 0 |
| Free Cash Flow | 523.61M |
| FCF Per Share | 4.93 |
Margins
Gross margin is 20.83%, with operating and profit margins of 6.34% and 3.48%.
| Gross Margin | 20.83% |
| Operating Margin | 6.34% |
| Pretax Margin | 5.45% |
| Profit Margin | 3.48% |
| EBITDA Margin | 7.68% |
| EBIT Margin | 6.34% |
| FCF Margin | 7.76% |
Dividends & Yields
PSN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 2.4% |
| FCF Yield | 5.34% |
Analyst Forecast
The average price target for PSN is $97.5, which is 49.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $97.5 |
| Price Target Difference | 49.7% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
Scores
| Altman Z-Score | 3.11 |
| Piotroski F-Score | 5 |