Parsons Stock Today

PSN
 Stock
  

USD 40.30  0.11  0.27%   

Market Performance
2 of 100
Odds Of Distress
Over 61
Parsons Corp is selling for 40.30 as of the 28th of June 2022. This is a -0.27 percent down since the beginning of the trading day. The stock's open price was 40.41. Parsons Corp has more than 61 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Parsons Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of July 2020 and ending today, the 28th of June 2022. Click here to learn more.
CUSIP
70202L102
Fiscal Year End
December
Business Domain
Capital Goods
IPO Date
8th of May 2019
Category
Industrials
Classification
Industrials
ISIN
US70202L1026
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 102.26 M outstanding shares of which 2.73 M shares are at this time shorted by investors with about 6.64 days to cover. More on Parsons Corp
Follow Valuation Odds of Bankruptcy
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Parsons Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Parsons Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Parsons Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Parsons Corp has high likelihood to experience some financial distress in the next 2 years
Over 97.0% of the company shares are owned by institutional investors
Latest headline from www.gurufocus.com: Parsons to Acquire Xator Corporation Acquisition enhances critical infrastructure protection, cUAS, and biometric capabilities - GuruFocus.com
CEOCarey Smith
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Parsons Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Parsons Corp (PSN) is traded on New York Stock Exchange in USA and employs 15,500 people. The company currently falls under 'Mid-Cap' category with total capitalization of 3.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parsons Corp's market, we take the total number of its shares issued and multiply it by Parsons Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Parsons Corp runs under Industrials sector within Specialty Industrial Machinery industry. The entity has 102.26 M outstanding shares of which 2.73 M shares are at this time shorted by investors with about 6.64 days to cover. Parsons Corp has about 342.61 M in cash with 205.57 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.31.
Check Parsons Corp Probability Of Bankruptcy
Ownership
Parsons Corp has a total of 102.26 Million outstanding shares. The 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 about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Parsons Ownership Details

Parsons Stock Price Odds Analysis

What are Parsons Corp's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Parsons Corp jumping above the current price in 90 days from now is about 8.98%. The Parsons Corp probability density function shows the probability of Parsons Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2258 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Parsons Corp will likely underperform. Additionally, the company has an alpha of 0.2506, implying that it can generate a 0.25 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 40.3HorizonTargetOdds Above 40.3
90.90%90 days
 40.30 
8.98%
Based on a normal probability distribution, the odds of Parsons Corp to move above the current price in 90 days from now is about 8.98 (This Parsons Corp probability density function shows the probability of Parsons Stock to fall within a particular range of prices over 90 days) .

Parsons Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Parsons Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Parsons Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Parsons Corp's value.
InstituionSecurity TypeTotal SharesValue
Newport Trust CoCommon Shares68.9 M2.7 B
Earnest Partners LlcCommon Shares3.4 M132.2 M
Camden Asset Management L PDebt46.9 M49.4 M
View Parsons Corp Diagnostics

Parsons Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Parsons Corp market risk premium is the additional return an investor will receive from holding Parsons Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Parsons Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Parsons Corp's alpha and beta are two of the key measurements used to evaluate Parsons Corp's performance over the market, the standard measures of volatility play an important role as well.

Parsons Stock Against Markets

Picking the right benchmark for Parsons Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Parsons Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Parsons Corp is critical whether you are bullish or bearish towards Parsons Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Parsons Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fundamental Analysis

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Parsons Corp Corporate Management

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.
Debra Fiori - Chief People OfficerProfile
Susan Balaguer - Chief Human Resource OfficerProfile
Letitia Long - Independent DirectorProfile
Christian Mitchell - Independent DirectorProfile
James McGovern - Lead Independent DirectorProfile

Investing Parsons Corp

You need to understand the risk of investing before taking a position in Parsons Corp. The danger of trading Parsons Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Parsons Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Parsons Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Parsons Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. Note that the Parsons Corp information on this page should be used as a complementary analysis to other Parsons Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

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Is Parsons Corp's industry 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 YOY
1.19
Market Capitalization
4.2 B
Quarterly Revenue Growth YOY
0.085
Return On Assets
0.018
Return On Equity
0.0521
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 Parsons Corp value 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.