What is Perspecta's (PRSP) stock symbol?
What is Perspecta's stock symbol? Perspecta trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRSP." What is Perspecta's stock price today?
How did Perspecta (PRSP) perform in the Q3 earnings?
Perspecta Inc. (NYSE:PRSP) released its quarterly earnings results on Tuesday, November, 10th. The company reported $0.53 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.03. The company earned $1.14 billion during the quarter, compared to analysts' expectations of $1.12 billion.
What happens to my PRSP shares when I transfer them to DXC?
What happens next depends on where your PRSP shares are held -- which, unless you moved them, will be at the same place your DXC shares are held (because DXC and Perspecta have chosen the same transfer agent.)
Will PRSP outperform or underperform the S&P 500 over the long term?
Vote “Outperform” if you believe PRSP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PRSP will underperform the S&P 500 over the long term. You may vote once every thirty days. Perspecta has a dividend yield of 0.95%, which is in the bottom 25% of all stocks that pay dividends.
What happened to Perspecta Inc?
In January, Veritas Capital agreed to buy Perspecta and combine it with Peraton in an all-cash transaction worth $7.1 billion, or $29.35 in cash per share, to form a government technology platforms provider focused on delivering end-to-end information technology capabilities and mission support to U.S. government ...
What stock is PRSP?
Perspecta, Inc.Perspecta, Inc. - NYSE:PRSP - Stock Quote & News - TheStreet.
Who bought Perspecta?
Veritas CapitalFour months on from the initial announcement, private equity firm Veritas Capital has completed its acquisition of Perspecta and merged that company into portfolio government technology firm Peraton.
What did Perspecta spin off from?
DXC TechnologyPerspecta was formed in 2018 from the merger of DXC Technology's U.S. Public Sector spin-off with Vencore, Inc. and KeyPoint Government Solutions. In June Veritas Capital became an investor in the company, acquiring a stake of 14.5%.
Was PRSP a spin off?
DXC spun off Perspecta (PRSP) on 2018-05-25. Perspecta was bought by Peraton in on 2021-05-06. Peraton paid $29.35 cash in exchange for each Perspecta share -- a 49.7% premium over last closing price before public reports. PRSP shares have vanished from your account.
Does DXC own perspecta?
CHANTILLY, Va., June 1, 2018 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP) today announced that it has completed its separation from DXC Technology Company (NYSE: DXC) and is now an independent public company, commencing trading today on the New York Stock Exchange (NYSE) under the ticker symbol "PRSP."
Is Perspecta now Peraton?
HERNDON, VA — May 6, 2021 — Peraton today announced it has successfully completed its previously announced acquisition of Perspecta Inc., establishing the company as the world's leading mission capability integrator and transformative enterprise IT provider.
When did Peraton acquire Perspecta?
May 7, 2021 Four months after it announced its blockbuster plan to buy Perspecta Inc. (NYSE: PRSP) for $7.1 billion and merge it with its portfolio contracting firm Peraton Inc., Veritas Capital announced Thursday it officially closed the acquisition of the Chantilly information technology company.
Is Perspecta being sold?
Chantilly-based federal contractor Perspecta Inc. will be acquired for $7.1 billion by Herndon-based national security contractor Peraton, an affiliate of private investment firm Veritas Capital, in an all-cash deal, the companies announced Tuesday.
What was DXC spin off from?
the Hewlett Packard Enterprise Company (HPE)DXC Technology was founded on April 3, 2017 when the Hewlett Packard Enterprise Company (HPE) spun off its Enterprise Services business and merged it with Computer Sciences Corporation (CSC). At the time of its creation, DXC Technology had revenues of $25 billion, employed 170,000 people and operated in 70 countries.
Who is buying DXC Technology?
French IT consultant Atos has made a US$10 billion bid to acquire its American rival DXC Technology. Tysons, Virginia-based DXC Technology has confirmed the proposal, adding that its board of directors was evaluating it.
Who spun off DXC Technology?
HP EnterprisesHP Enterprises spun off DXC Technology effective March 31, 2017 in a transaction meant to be tax-free to its shareholders. DXC Technology began normal trading on the NYSE on Monday, April 3, 2017.
How were Perspecta's earnings last quarter?
Perspecta Inc. (NYSE:PRSP) released its quarterly earnings results on Tuesday, November, 10th. The company reported $0.53 earnings per share for th...
Is Perspecta a good dividend stock?
Perspecta pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.95%. The dividend payout ratio of Perspecta is 13.66%....
Who are Perspecta's key executives?
Perspecta's management team includes the following people: Mr. John McNamara Curtis , Chairman, CEO & Pres (Age 63, Pay $2.13M) Mr. John P. Kava...
What is Mac Curtis' approval rating as Perspecta's CEO?
261 employees have rated Perspecta CEO Mac Curtis on Glassdoor.com . Mac Curtis has an approval rating of 77% among Perspecta's employees.
Who are some of Perspecta's key competitors?
Some companies that are related to Perspecta include Zendesk (ZEN) , Clarivate (CLVT) , Zynga (ZNGA) , DXC Technology (DXC) , Toast (TOST) ,...
What is Perspecta's stock symbol?
Perspecta trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRSP."
What is Perspecta's stock price today?
One share of PRSP stock can currently be purchased for approximately $29.34.
How much money does Perspecta make?
Perspecta has a market capitalization of $4.73 billion and generates $4.50 billion in revenue each year. The company earns $-676 million in net inc...
How many employees does Perspecta have?
Perspecta employs 14,000 workers across the globe.
Who torpedoed Perspecta's momentum?
The Navy just torpedoed Perspecta's momentum. Is it time to abandon ship?
Is Perspecta a holding company?
Perspecta will be folded into a larger holding company nearly a year after losing its most important contract.
Who bought Perspecta in 2021?
Perspecta Stockholders Approve Acquisition by Veritas Capital. CHANTILLY, Va., May 5, 2021 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP) ("Perspecta" or the "Company") today announced that, at a special meeting of stockholders held on May 5, 2021, the stockholders of the Company approved a proposal to adopt the merger agreement under which Peraton, ...
When is Perspecta merger agreement 2021?
The majority of shares of the Company's common stock issued and outstanding as of the close of business on March 18, 2021, the record date for the Special Meeting, voted to adopt the Merger Agreement. Perspecta will provide final vote results for the special meeting, as certified by the independent Inspector of Election, on a Form 8-K with the Securities and Exchange Commission.
Does Perspecta Inc. have any obligation to update its forward-looking statements?
The Company does not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events except as required by law. SOURCE Perspecta Inc.
Who bought Perspecta?
In January, Veritas Capital agreed to buy Perspecta and combine it with Peraton in an all-cash transaction worth $7.1 billion, or $29.35 in cash per share, to form a government technology platforms provider focused on delivering end-to-end information technology capabilities and mission support to U.S. government clients.
Who is the CEO of Peraton?
The stockholders’ approval came days after Stu Shea , chairman, president and CEO at Peraton and a 2021 Wash100 winner, announced the leaders of the nine business sectors that will emerge from the upcoming Peraton-Perspecta combination.
How much did Perspecta stop trading?
As part of the deal's closure, Perspecta stopped trading after the closing bell Thursday, ending the day at $29.34 per share — a penny short of the per-share price that Veritas paid Perspecta shareholders to purchase the company. Its trading volume leapt to 7.5 million shares changing hands Thursday, the most since the deal was first announced in January.
Who bought Perspecta?
Four months after it announced its blockbuster plan to buy Perspecta Inc. (NYSE: PRSP) for $7.1 billionand merge it with its portfolio contracting firm Peraton Inc., Veritas Capital announced Thursday it officially closed the acquisition of the Chantilly information technology company.
How much did Peraton buy Perspecta?
Peraton closes $7.1B acquisition — and this is how much Perspecta execs walked away with
When did Perspecta start?
Perspecta formed in 2018 from a three-way merger of the public sector business of DXC Technology Co., Chantilly-based Vencore Inc. and a Colorado company called KeyPoint Government Solutions Inc., and eventually became $4.5 billion revenue player in the technology services market.
Did Perspecta pay severance?
In their Wednesday vote, stockholders also approved a golden parachute plan for top executives at Perspecta that included payouts from their equity holdings and severance pay for anyone whose roles were terminated without cause due to the deal.
Is Peraton a contracting titan?
The private equity-backed deal positions Peraton as a contracting titan.
Who is Perspecta selling to?
Perspecta, a provider of IT services for government customers, said before markets opened on Wednesday it has agreed to sell to private equity firm Veritas Capital. Terms of the deal call for Perspecta holders to receive $29.35 per share in cash for each share owned.
What happened to Perspecta in 2020?
The deal follows a year of disappointment for Perspecta, which in February 2020 lost its most important contract. The U.S. Navy picked Leidos Holdings to modernize and maintain its computer networks, a contract that had previously accounted for about 15% of Perspecta's total revenue.
Does Veritas own Perspecta?
Veritas already owns 14.5% of Perspecta, a company that was formed in June 2018 via a three-way merger involving two Veritas holdings. The private equity firm intends to merge Perspecta into Peraton, a separate Veritas holding that is also in the process of acquiring the IT business of Northrop Grumman.
Is Perspecta an industry?
As Perspecta holders found out, this is an industry where size and scale matter. With valuations up I'd expect to see further consolidation in the quarters to come, with ManTech International and CACI among the likely participants as either buyers or sellers as companies try to gain market share and better compete with newcomers like Palantir and Peraton.
Who bought PRSP?
PRSP was bought by privately-held Federal IT contractor Peraton. Peraton paid $29.35 cash in exchange for each Perspecta share. PRSP shares have vanished from your account. Either cash was added to your account or check mailed by approx. 6/2/21. Some non-US members report that their bank charged a very high currency conversion fee when they deposited the check.
What is the transfer agent for Perspecta?
Perspecta transfer agent (and distribution agent for the spin/merge) is Equiniti. ( Source)
Is Perspecta a successor to DXC?
Perspecta is a completely separate company from DXC -- not a successor corporation to DXC.
