Company profile

Ticker
PSN
Exchange
Website
CEO
Charles L. Harrington
Employees
Incorporated in
Location
Fiscal year end
Former names
Parson Corp
SEC CIK
IRS number
953232481

PSN stock data

(
)

Calendar

6 May 20
8 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 970.99M 1.04B 1.02B 989.74M
Net income 14.37M 22.3M 61.29M 40.15M
Diluted EPS 0.13 0.14 0.57 0.44
Net profit margin 1.48% 2.15% 5.99% 4.06%
Operating income 23.7M 24.27M 53.45M -8.71M
Net change in cash -63.39M 48.82M -68.98M 81.45M
Cash on hand 119.3M 182.69M 133.87M 202.85M
Cost of revenue 769.63M 825.55M 798.55M 784.72M
Annual (USD) Dec 19 Dec 18 Dec 17
Revenue 3.95B 3.56B 3.02B
Net income 137.13M 239.44M 111.54M
Diluted EPS 1.3 2.78 1.16
Net profit margin 3.47% 6.72% 3.70%
Operating income 92.06M 205.01M 150.7M
Net change in cash -97.53M -165.92M
Cash on hand 182.69M 280.22M 446.14M
Cost of revenue 3.12B 2.8B 2.4B

Financial data from Parsons earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jul 20 Wajsgras David C Common Stock Grant Aquire A No 38.18 782 29.86K 782
21 Apr 20 Leer Steven F RSU Common Stock Grant Aquire A No 0 4,790 0 4,790
99.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 127 117 +8.5%
Opened positions 32 27 +18.5%
Closed positions 22 18 +22.2%
Increased positions 43 42 +2.4%
Reduced positions 37 37
13F shares
Current Prev Q Change
Total value 3.2B 4.05B -21.0%
Total shares 100.14M 98.17M +2.0%
Total puts 12.4K 13.6K -8.8%
Total calls 54.6K 22.6K +141.6%
Total put/call ratio 0.2 0.6 -62.3%
Largest owners
Shares Value Change
Newport Trust 78.41M $2.51B +1.1%
N Price T Rowe Associates 2.24M $71.68M +2.3%
Vanguard 1.83M $58.59M +0.5%
BLK BlackRock 1.49M $47.76M -13.2%
STT State Street 1.35M $43.19M -0.2%
Alkeon Capital Management 1.24M $39.6M 0.0%
TimesSquare Capital Management 1.07M $34.1M -1.4%
FMR 1M $31.96M +17.6%
WFC Wells Fargo & Company 996.34K $31.84M +2.5%
Nuveen Asset Management 927.46K $29.64M -37.5%
Largest transactions
Shares Bought/sold Change
Sunriver Management 885.19K +885.19K NEW
Newport Trust 78.41M +827.29K +1.1%
Nuveen Asset Management 927.46K -555.78K -37.5%
FHI Federated Hermes 821.3K +393.3K +91.9%
BLK BlackRock 1.49M -226.9K -13.2%
Thompson Siegel & Walmsley 185.78K +185.78K NEW
FMR 1M +149.98K +17.6%
Norges Bank 0 -149.33K EXIT
Allianz Asset Management GmbH 136.42K +136.42K NEW
JPM JPMorgan Chase & Co. 167.85K +132.05K +368.8%

Financial report summary

?
Risks
  • Our business, results of operations, financial condition, cash flows and stock price can be adversely affected by pandemics, epidemics or other public health emergencies, such as the recent outbreak of COVID-19.
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
  • The statements in this discussion regarding industry outlook, our expectations regarding our future performance, liquidity and capital resources and other non-historical statements in this discussion are forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, the risks and uncertainties described in “Risk Factors” and “Special Note Regarding Forward-Looking Statements” in the Company’s Form 10-K for the year ended December 31, 2019.  We undertake no obligation to revise publicly any forward-looking statements.  Actual results may differ materially from those contained in any forward-looking statements.
  • In response to the COVID-19 pandemic, the Company has taken certain actions to continue to execute under our contracts with customers and allow our people to work safely.  A substantial majority of our work-force transitioned to work-from-home status during the latter part of the quarter ended March 31, 2020, and these practices remain in effect as of the date of this filing.  To date, we have experienced no material disruption in our work as a consequence of these changes in our work practices.
Content analysis ?
Positive
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Uncertain
Constraining
Legalese
Litigous
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