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Parsons (PSN)

(Real Time Quote from BATS)

$91.95 USD

91.95
158,467

+0.30 (0.33%)

Updated Aug 9, 2024 12:24 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 32% (80 out of 250)

Industry: Technology Services

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Balance Sheet

Research for PSN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Parsons Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 273 263 344 487 195
Receivables 916 717 598 699 671
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 949 740 690 657 660
Total Current Assets 2,138 1,720 1,632 1,843 1,526
Net Property & Equipment 99 96 104 121 123
Investments & Advances 128 107 111 69 69
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 140 138 134 130 130
Intangibles 2,068 1,916 1,621 1,508 1,307
Deposits & Other Assets 72 66 46 56 61
Total Assets 4,804 4,198 3,831 3,938 3,450
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 50 0
Accounts Payable 243 201 196 226 217
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 801 630 599 651 640
Income Taxes Payable 7 4 8 5 7
Other Current Liabilities 301 213 172 202 231
Total Current Liabilities 1,411 1,108 1,031 1,187 1,144
Mortgages 0 0 0 0 0
Deferred Taxes/Income 10 12 11 12 10
Convertible Debt 0 0 0 0 0
Long-Term Debt 746 744 592 540 249
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 143 127 111 154 183
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,427 2,102 1,894 2,076 1,790
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 146 146 146 147 146
Capital Surplus 2,779 2,717 2,685 2,701 2,650
Retained Earnings 204 43 -54 -121 -218
Other Equity 75 35 27 34 17
Treasury Stock 827 845 867 899 934
Total Shareholder's Equity 2,377 2,096 1,937 1,861 1,661
Total Liabilities & Shareholder's Equity 4,804 4,198 3,831 3,938 3,450
Total Common Equity 2,377 2,096 1,937 1,861 1,661
Shares Outstanding 104.80 103.50 102.20 100.70 99.20
Book Value Per Share 22.68 20.25 18.95 18.48 16.74

Fiscal Year End for Parsons Corporation falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 528 423 273 205 179
Receivables 1,043 1,023 916 907 949
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 1,002 981 949 903 852
Total Current Assets 2,574 2,427 2,138 2,016 1,980
Net Property & Equipment 98 99 99 99 95
Investments & Advances 157 145 128 165 119
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 163 158 140 149 145
Intangibles 2,039 2,053 2,068 2,079 1,933
Deposits & Other Assets 72 71 72 67 69
Total Assets 5,239 5,098 4,804 4,733 4,508
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 253 274 243 266 237
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 822 739 801 772 694
Income Taxes Payable 1 2 7 22 15
Other Current Liabilities 298 283 301 277 292
Total Current Liabilities 1,427 1,354 1,411 1,394 1,295
Mortgages 0 0 0 0 0
Deferred Taxes/Income 10 10 10 20 20
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,247 1,246 746 820 745
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 137 143 131 128
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,919 2,855 2,427 2,485 2,317
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 147 147 146 146 146
Capital Surplus 2,763 2,760 2,779 2,729 2,721
Retained Earnings 156 87 204 159 112
Other Equity 82 77 75 59 56
Treasury Stock 827 827 827 845 845
Total Shareholder's Equity 2,320 2,243 2,377 2,248 2,191
Total Liabilities & Shareholder's Equity 5,239 5,098 4,804 4,733 4,508
Total Common Equity 2,320 2,243 2,377 2,248 2,191
Shares Outstanding 146.70 146.70 104.80 104.80 104.80
Book Value Per Share 15.81 15.29 22.68 21.45 20.90