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Parsons (PSN)

(Delayed Data from NYSE)

$77.30 USD

77.30
1,254,287

-0.33 (-0.43%)

Updated May 2, 2024 04:00 PM ET

After-Market: $77.34 +0.04 (0.05%) 4:54 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

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 A Growth A 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 35% (88 out of 251)

Industry: Technology Services

Better trading starts here.

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.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 273 205 179 220
Receivables NA 916 907 949 764
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 949 903 852 817
Total Current Assets NA 2,138 2,016 1,980 1,801
Net Property & Equipment NA 99 99 95 95
Investments & Advances NA 128 165 119 107
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 140 149 145 140
Intangibles NA 2,068 2,079 1,933 1,898
Deposits & Other Assets NA 72 67 69 66
Total Assets NA 4,804 4,733 4,508 4,256
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 243 266 237 209
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 801 772 694 635
Income Taxes Payable NA 7 22 15 11
Other Current Liabilities NA 301 277 292 229
Total Current Liabilities NA 1,411 1,394 1,295 1,140
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 10 20 20 13
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 746 820 745 744
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 131 128 126
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,427 2,485 2,317 2,130
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 146 146 146 146
Capital Surplus NA 2,779 2,729 2,721 2,712
Retained Earnings NA 204 159 112 68
Other Equity NA 75 59 56 44
Treasury Stock NA 827 845 845 845
Total Shareholder's Equity NA 2,377 2,248 2,191 2,126
Total Liabilities & Shareholder's Equity NA 4,804 4,733 4,508 4,256
Total Common Equity 0 2,377 2,248 2,191 2,126
Shares Outstanding 105.80 104.80 104.80 104.80 104.80
Book Value Per Share 0.00 22.68 21.45 20.90 20.28