Parsons Corp
General ticker "PSN" information:
- Sector: Industrials
- Industry: Professional Services
- Capitalization: $10.3B
Parsons Corp follows the US Stock Market performance with the rate: 61.9%.
Estimated limits based on current volatility of 1.5%: low 93.97$, high 96.80$
Factors to consider:
- US accounted for 76.3% of revenue in the fiscal year ended 2022-12-31
- Current price 31.0% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [51.33$, 73.06$]
- 2024-12-30 to 2025-12-30 estimated range: [54.01$, 77.39$]
Financial Metrics affecting the PSN estimates:
- Positive: Non-GAAP EPS, $ of 2.44 > 2.29
- Positive: 1.03 < Operating profit margin, % of 5.30
- Negative: Industry operating cash flow per share per price (median), % of 6.50 <= 6.94
- Positive: Inventory ratio change, % of -0.41 <= 0
- Negative: Investing cash flow per share, $ of -3.58 <= -3.48
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 4.15
Short-term PSN quotes
Long-term PSN plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $3,660.77MM | $4,195.27MM | $5,442.75MM |
| Operating Expenses | $3,528.32MM | $4,009.61MM | $5,154.39MM |
| Operating Income | $132.45MM | $185.67MM | $288.36MM |
| Non-Operating Income | $-19.86MM | $-19.44MM | $-24.30MM |
| Interest Expense | $17.70MM | $23.18MM | $31.50MM |
| Income(Loss) | $112.59MM | $166.22MM | $264.05MM |
| Taxes | $23.64MM | $39.66MM | $56.14MM |
| Profit(Loss) | $88.95MM | $126.56MM | $207.91MM |
| Stockholders Equity | $1,900.77MM | $2,043.57MM | $2,287.21MM |
| Inventory | $1.27MM | $0.00MM | $0.00MM |
| Assets | $3,830.94MM | $4,198.14MM | $4,804.06MM |
| Operating Cash Flow | $205.57MM | $237.53MM | $407.70MM |
| Capital expenditure | $21.11MM | $30.59MM | $40.40MM |
| Investing Cash Flow | $-240.91MM | $-417.47MM | $-375.97MM |
| Financing Cash Flow | $-106.50MM | $100.37MM | $-21.87MM |
| Earnings Per Share* | $0.87 | $0.93 | $1.56 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.