Is Parsons Corp Stock a Good Investment?
Parsons Corp Investment Advice | PSN |
- Examine Parsons Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Parsons Corp's leadership team and their track record. Good management can help Parsons Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Aerospace & Defense space and any emerging trends that could impact Parsons Corp's business and its evolving consumer preferences.
- Compare Parsons Corp's performance and market position to its competitors. Analyze how Parsons Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Parsons Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Parsons Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Parsons Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Parsons Corp is a good investment.
Sell | Buy |
Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Parsons Corp Stock
Researching Parsons Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The book value of Parsons Corp was at this time reported as 21.77. The company has Price/Earnings To Growth (PEG) ratio of 1.92. Parsons Corp had not issued any dividends in recent years.
To determine if Parsons Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Parsons Corp's research are outlined below:
| Parsons Corp has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Rising Operational Efficiency Aids RSG Stock, Liquidity Ails |
Parsons Corp Quarterly Good Will |
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Parsons Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Parsons Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Parsons Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Parsons Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Parsons Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-05-05 | 2021-03-31 | 0.15 | 0.09 | -0.06 | 40 | ||
2020-08-05 | 2020-06-30 | 0.29 | 0.23 | -0.06 | 20 | ||
2023-11-01 | 2023-09-30 | 0.62 | 0.69 | 0.07 | 11 | ||
2020-11-04 | 2020-09-30 | 0.33 | 0.4 | 0.07 | 21 | ||
2024-05-01 | 2024-03-31 | 0.62 | 0.7 | 0.08 | 12 | ||
2020-03-10 | 2019-12-31 | 0.25 | 0.14 | -0.11 | 44 | ||
2023-08-02 | 2023-06-30 | 0.51 | 0.63 | 0.12 | 23 | ||
2021-02-24 | 2020-12-31 | 0.34 | 0.21 | -0.13 | 38 |
Know Parsons Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Parsons Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Parsons Corp backward and forwards among themselves. Parsons Corp's institutional investor refers to the entity that pools money to purchase Parsons Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 | Lord, Abbett & Co Llc | 2024-09-30 | 829.9 K | Geode Capital Management, Llc | 2024-09-30 | 772.8 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's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 10.23 B.Market Cap |
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Parsons Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.08 | 0.09 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.07 | 0.09 |
Determining Parsons Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Parsons Corp is a good buy. For example, gross profit margin measures Parsons Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Parsons Corp's profitability and make more informed investment decisions.
Parsons Corp's Earnings Breakdown by Geography
Evaluate Parsons Corp's management efficiency
Parsons Corp has Return on Asset of 0.0589 % which means that on every $100 spent on assets, it made $0.0589 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0567 %, implying that it generated $0.0567 on every 100 dollars invested. Parsons Corp's management efficiency ratios could be used to measure how well Parsons Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Parsons Corp's Net Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.06, while Total Assets are likely to drop about 3.5 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 22.64 | 13.76 | |
| Tangible Book Value Per Share | 2.94 | 3.06 | |
| Enterprise Value Over EBITDA | 17.42 | 12.24 | |
| Price Book Value Ratio | 2.88 | 2.68 | |
| Enterprise Value Multiple | 17.42 | 12.24 | |
| Price Fair Value | 2.88 | 2.68 | |
| Enterprise Value | 3.6 B | 3.2 B |
Leadership at Parsons Corp emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta 0.796 |
Basic technical analysis of Parsons Stock
As of the 28th of November, Parsons Corp holds the Coefficient Of Variation of 4293.62, risk adjusted performance of 0.024, and Semi Deviation of 2.26. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parsons Corp, as well as the relationship between them.Parsons Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Parsons Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Parsons Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Parsons Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Parsons Corp's Outstanding Corporate Bonds
Parsons Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Parsons Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Parsons bonds can be classified according to their maturity, which is the date when Parsons Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Parsons Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Parsons Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.024 | |||
| Market Risk Adjusted Performance | 0.0531 | |||
| Mean Deviation | 1.16 | |||
| Semi Deviation | 2.26 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 4293.62 | |||
| Standard Deviation | 2.0 | |||
| Variance | 3.98 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0431 | |||
| Maximum Drawdown | 15.2 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.89 | |||
| Downside Variance | 5.69 | |||
| Semi Variance | 5.09 | |||
| Expected Short fall | (1.11) | |||
| Skewness | (1.91) | |||
| Kurtosis | 11.66 |
| Risk Adjusted Performance | 0.024 | |||
| Market Risk Adjusted Performance | 0.0531 | |||
| Mean Deviation | 1.16 | |||
| Semi Deviation | 2.26 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 4293.62 | |||
| Standard Deviation | 2.0 | |||
| Variance | 3.98 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0431 | |||
| Maximum Drawdown | 15.2 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.89 | |||
| Downside Variance | 5.69 | |||
| Semi Variance | 5.09 | |||
| Expected Short fall | (1.11) | |||
| Skewness | (1.91) | |||
| Kurtosis | 11.66 |
Consider Parsons Corp's intraday indicators
Parsons Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Parsons Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 95.86 | |||
| Day Typical Price | 95.86 | |||
| Price Action Indicator | (0.23) | |||
| Period Momentum Indicator | (0.47) | |||
| Relative Strength Index | 34.64 |
Parsons Corp Corporate Filings
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 3rd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 5th of March 2024 Other Reports | ViewVerify | |
13A | 5th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Parsons Stock media impact
Far too much social signal, news, headlines, and media speculation about Parsons Corp that are available to investors today. That information is available publicly through Parsons media outlets and privately through word of mouth or via Parsons internal channels. However, regardless of the origin, that massive amount of Parsons data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Parsons Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Parsons Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Parsons Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Parsons Corp alpha.
Parsons Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Parsons Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Parsons Corp Historical Investor Sentiment
Investor biases related to Parsons Corp's public news can be used to forecast risks associated with an investment in Parsons. The trend in average sentiment can be used to explain how an investor holding Parsons can time the market purely based on public headlines and social activities around Parsons Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Parsons Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Parsons Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Parsons Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Parsons Corp.
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 0.7 | 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.
In summary, please note that there is a difference between Parsons Corp's value and its price, as these two are different measures arrived at by various 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.