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PARSONS CORP (NYSE:PSN) Exhibits Quality Stock Traits. Here's Why.

By Mill Chart

Last update: Dec 5, 2023

In this article we will dive into PARSONS CORP (NYSE:PSN) as a possible candidate for quality investing. Investors should always do their own research, but we noticed PARSONS CORP showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Exploring Why NYSE:PSN Holds Appeal for Quality Investors.

  • The 5-year revenue growth of PARSONS CORP has been remarkable, with 6.82% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • With a notable ROIC excluding cash and goodwill at 18.65%, PARSONS CORP demonstrates its commitment to generating sustainable returns for shareholders. This metric emphasizes the company's effective use of capital and its ability to deliver long-term value.
  • With a Debt/Free Cash Flow Ratio of 3.12, PARSONS CORP exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
  • PARSONS CORP demonstrates consistent Profit Quality over the past 5 years, with a strong 200.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
  • PARSONS CORP has consistently achieved strong EBIT growth over the past 5 years, with a 8.84% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
  • 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.

Fundamental Analysis Observations

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

PSN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 79 industry peers in the Professional Services industry. PSN has an average financial health and profitability rating. PSN is valied quite expensively at the moment, while it does show a decent growth rate.

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

More quality stocks can be found in our Caviar Cruise screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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PARSONS CORP

NYSE:PSN (4/29/2024, 4:27:22 PM)

After market: 79.36 0 (0%)

79.36

-0.37 (-0.46%)

PSN News

News Image12 hours ago - Parsons Services CompanyParsons Wins Position on $464M U.S. Army Remediation Contract
News Image12 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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