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Is PARSONS CORP (NYSE:PSN) a Strong Candidate for Quality Investing?

By Mill Chart

Last update: Oct 6, 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 course 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.

What matters for quality investors.

  • PARSONS CORP has demonstrated significant revenue growth over the past 5 years, with a 6.82% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
  • PARSONS CORP demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 17.3% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
  • PARSONS CORP maintains a healthy Debt/Free Cash Flow Ratio of 3.92, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
  • 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.
  • With a robust 5-year EBIT growth of 8.83%, PARSONS CORP showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • PARSONS CORP has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

A complete fundamental analysis of NYSE:PSN

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

PSN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 65 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of PSN get a neutral evaluation. Nothing too spectacular is happening here. PSN has a correct valuation and a medium growth rate.

For an up to date full fundamental analysis you can check the fundamental report of PSN

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, 1:32:52 PM)

79.51

-0.22 (-0.28%)

PSN News

News Image8 hours ago - Parsons Services CompanyParsons Wins Position on $464M U.S. Army Remediation Contract
News Image8 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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