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Why quality investors should have a look at PARSONS CORP (NYSE:PSN).

By Mill Chart

Last update: Aug 23, 2023

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if PARSONS CORP (NYSE:PSN) is suited for quality investing. Investors should of couse do their own research, but we spotted PARSONS CORP showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Why NYSE:PSN may be interesting for quality investors.

  • Over the past 5 years, PARSONS CORP has experienced impressive revenue growth, with 6.82% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
  • The ROIC excluding cash and goodwill of PARSONS CORP stands at 17.3%, reflecting the company's strong financial management and profitability. This metric underscores its ability to generate favorable returns on the capital invested in its core operations.
  • The Debt/Free Cash Flow Ratio of PARSONS CORP stands at 3.92, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
  • PARSONS CORP demonstrates consistent Profit Quality over the past 5 years, with a strong 201.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
  • The 5-year EBIT growth of PARSONS CORP has been remarkable, with 8.83% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
  • The EBIT 5-year growth of PARSONS CORP has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

Fundamental analysis of NYSE:PSN

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to PSN. PSN was compared to 65 industry peers in the Aerospace & Defense industry. PSN has an average financial health and profitability rating. PSN has a correct valuation and a medium growth rate.

Our latest full fundamental report of PSN contains the most current fundamental analsysis.

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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PARSONS CORP

NYSE:PSN (4/29/2024, 3:20:02 PM)

After market: 79.36 0 (0%)

79.36

-0.37 (-0.46%)

PSN News

News Image11 hours ago - Parsons Services CompanyParsons Wins Position on $464M U.S. Army Remediation Contract
News Image11 hours ago - Parsons Services CompanyParsons Wins Position on $464M U.S. Army Remediation Contract

CHANTILLY, Va., April 29, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on an...

News Image4 days ago - Parsons Services CompanyParsons Increasing Production of U.S. Air Force’s RADBO System

The company was awarded a $63 million contract modification...

News Image10 days ago - Market News VideoOversold Conditions For Parsons (PSN)
News Image13 days ago - ChartmillWhy Quality Investors Should Delve into PARSONS CORP (NYSE:PSN) for Investment Opportunities.

This article explores why quality investors may have a look at PARSONS CORP (NYSE:PSN)

News Image14 days ago - Parsons Services CompanyParsons Selected to Design the Future Newark Bay Bridge, Advancing Transportation throughout New Jersey
News Image14 days ago - Parsons Services CompanyParsons Selected to Design the Future Newark Bay Bridge, Advancing Transportation throughout New Jersey

CHANTILLY, Va., April 15, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the New Jersey Turnpike Authority selected the...

News Image17 days ago - Market News VideoParsons Larger Than S&P 500 Component Federal Realty Investment Trust
News Image18 days ago - Parsons Services CompanyParsons to Support Clients in Addressing PFAS and Achieving EPA’s National PFAS Drinking Water Regulations
News Image18 days ago - Parsons Services CompanyParsons to Support Clients in Addressing PFAS and Achieving EPA’s National PFAS Drinking Water Regulations

CHANTILLY, Va., April 11, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), an industry leading Per and Polyfluoroalkyl Substances (PFAS)...

News Image18 days ago - Parsons Services CompanyParsons Included on $200M U.S. Army Corps of Engineers Construction Management Contract
News Image18 days ago - Parsons Services CompanyParsons Included on $200M U.S. Army Corps of Engineers Construction Management Contract

CHANTILLY, Va., April 11, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was included on a $200 million indefinite-delivery, indefinite-quantity multiple award task order contract by the United States Army Corps of Engineers (USACE) Fort Worth District. The construction management services contract has a three-year base period of performance with two, two-year option periods and represents new work for the company.

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