Parsons Corporation Stock Fair Value Calculator – Parsons Corporation to Reveal Quarterly Earnings on October 30th
October 25, 2024
🌥️Trending News
PARSONS CORPORATION ($NYSE:PSN) is a leading global technology company that provides innovative solutions in the defense, intelligence, and critical infrastructure markets. Investors and stakeholders of PARSONS CORPORATION are eagerly anticipating the release of the company’s quarterly earnings on October 30th. This announcement will provide valuable insights into the financial performance of the company and its growth potential. On October 30th, before the market opens, Parsons Corporation will release its earnings results for the previous quarter. The announcement is expected to include a detailed financial report, highlighting the company’s revenue, profits, and other key metrics. The earnings call, which will follow the release of the results, will provide an opportunity for investors and analysts to hear directly from company executives about the performance and future outlook of PARSONS CORPORATION. The quarterly earnings report is a crucial event for investors as it allows them to assess the financial health of the company and make informed decisions about their investments. This announcement is especially significant for Parsons Corporation as it comes at a time when the defense and infrastructure industries are experiencing rapid growth.
The company’s strong track record of delivering innovative solutions in these sectors makes it well-positioned to capitalize on these opportunities. Furthermore, the quarterly earnings report will also shed light on the company’s progress towards achieving its long-term goals. Parsons Corporation has been making strategic investments in technology and talent to drive growth and enhance its competitive advantage. The earnings release will provide insights into how these initiatives are contributing to the company’s overall performance. It will provide a comprehensive overview of the company’s financial performance and its ability to capitalize on growth opportunities in its key markets. As a leading global technology company, Parsons Corporation remains well-positioned to deliver strong results and create long-term value for its shareholders.
Earnings
As investors and analysts eagerly await the financial results, let’s take a closer look at the key points that will be included in the report. Firstly, in its earning report for the fourth quarter of fiscal year 2023, which ended on December 31st, 2021, PARSONS CORPORATION reported a total revenue of 950.67 million USD. This marks a decrease of 13.8% compared to the previous year’s earnings.
However, despite this decline in revenue, the company managed to earn a net income of 28.97 million USD, showing a 3.0% increase from the previous year. It is worth noting that PARSONS CORPORATION has consistently shown growth over the years, with its total revenue increasing from 950.67 million USD to 1494.23 million USD in the last three years. This is a significant achievement and reflects the company’s strong performance and ability to adapt to changing market conditions. As the company prepares to reveal its quarterly earnings, many will be interested to see if PARSONS CORPORATION can maintain its growth trajectory and continue to deliver positive financial results. With its track record of success and strong leadership team, the company is well-positioned to overcome any challenges and continue to drive growth in the future. In conclusion, the upcoming earnings report from PARSONS CORPORATION is highly anticipated by investors and analysts alike, as it will provide valuable insights into the company’s financial performance and future prospects. As we wait for October 30th, all eyes will be on PARSONS CORPORATION to see if it can maintain its strong performance and deliver yet another successful quarter.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Parsons Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 5.44k | 161.15 | 3.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Parsons Corporation. More…
| Operations | Investing | Financing |
| 407.7 | -375.97 | -21.87 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Parsons Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.8k | 2.43k | 21.61 |
Key Ratios Snapshot
Some of the financial key ratios for Parsons Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.6% | 31.5% | 5.4% |
| FCF Margin | ROE | ROA |
| 6.7% | 8.3% | 3.8% |
Share Price
This highly anticipated event has generated a lot of buzz among investors and market analysts. On Thursday, the stock for PARSONS CORPORATION opened at $105.83 and closed at $104.41. This was a slight increase of 0.03% from the previous day’s closing price of $104.38. This indicates that investors are cautiously optimistic about the company’s upcoming earnings report. The announcement of quarterly earnings is a crucial moment for any publicly traded company. It provides valuable insights into the financial health and performance of the company, which can greatly impact its stock price. Investors will be closely monitoring PARSONS CORPORATION’s earnings report to make informed decisions about their investments.
The company has had to adapt to new ways of working and overcome challenges posed by the global crisis. As a result, there is much speculation about how the pandemic may have affected the company’s financials. PARSONS CORPORATION has a strong track record of delivering positive earnings reports. The company also has a solid balance sheet and a robust pipeline of projects, which bodes well for its future growth. In conclusion, the upcoming earnings report from PARSONS CORPORATION is highly anticipated, and it will provide valuable insights into the company’s performance during these challenging times. Investors will be eagerly waiting to see if the company can maintain its positive streak and continue to deliver strong financial results. Live Quote…
Analysis – Parsons Corporation Stock Fair Value Calculator
After conducting a thorough analysis, we at GoodWhale have determined the state of well-being for PARSONS CORPORATION. Based on our proprietary Valuation Line, we have calculated the intrinsic value of PARSONS CORPORATION’s share to be around $54.7. However, it is important to note that currently, the stock is being traded at a much higher price of $104.41. This means that PARSONS CORPORATION’s stock is overvalued by a significant 90.9%. This overvaluation could potentially be a cause for concern for investors, as it may indicate an inflated price and an unrealistic expectation for future growth. It is always important to carefully consider the valuation of a company’s stock before making investment decisions. Additionally, we would advise investors to closely monitor any major changes in PARSONS CORPORATION’s financial performance and market trends to ensure that the stock is trading at a fair value. By staying informed and making informed investment decisions, investors can minimize their risk and potentially maximize their returns. More…
Peers
The company is a provider of engineering, construction, and technical services for public and private sector clients. Parsons delivers innovative solutions to complex infrastructure and programmatic challenges, and is a recognized leader in the planning, design, and construction of a wide range of facilities and infrastructure. The company’s competitors include Airtificial Intelligence Structures SA, Modern Engineering & Projects Ltd, GMR Power and Urban Infra Ltd.
– Airtificial Intelligence Structures SA ($OTCPK:AITLF)
Artificial Intelligence Structures SA, or AI Structures, is a publicly traded company on the Madrid Stock Exchange. As of 2022, AI Structures has a market capitalization of €69.19 million and a return on equity of -7.34%. The company focuses on the development and commercialization of artificial intelligence technology.
– Modern Engineering & Projects Ltd ($BSE:539762)
Modern Engineering & Projects Ltd is a company that specializes in engineering and construction projects. The company has a market cap of 73.54M as of 2022 and a Return on Equity of -2211.89%. Modern Engineering & Projects Ltd has a strong focus on quality and safety, and has a good reputation in the industry. The company has a wide range of experience in both small and large projects, and has a proven track record of successful completion.
– GMR Power and Urban Infra Ltd ($BSE:543490)
GMR Power and Urban Infra Ltd has a market cap of 15.21B as of 2022, a Return on Equity of -54.42%. The company is engaged in the business of power generation and transmission, and urban infrastructure development.
Summary
Parsons Corporation, a leading technology-driven engineering services firm, is set to announce its earnings results on October 30th. As an investor, it is important to analyze the company’s financial performance and evaluate its potential for growth. This can be done by looking at key financial metrics such as revenue, earnings per share, and profit margins.
Additionally, keeping an eye on industry trends, competition, and any new developments within the company can provide valuable insights for investment decisions. It is also important to consider the company’s strategic plans and management team to determine its long-term potential. By conducting a thorough investment analysis, investors can make informed decisions regarding their investment in Parsons Corporation.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
