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

By Mill Chart

Last update: Feb 29, 2024

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.

Highlighting Notable Quality Metrics of NYSE:PSN.

  • Over the past 5 years, PARSONS CORP has experienced impressive revenue growth, with 9.2% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
  • With a robust ROIC excluding cash and goodwill at 24.72%, PARSONS CORP showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
  • PARSONS CORP maintains a healthy Debt/Free Cash Flow Ratio of 2.05, 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 223.0%. 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 23.04% 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.

How does the complete fundamental picture look for NYSE:PSN?

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.

We assign a fundamental rating of 4 out of 10 to PSN. PSN was compared to 80 industry peers in the Professional Services industry. PSN has only an average score on both its financial health and profitability. PSN is valied quite expensively at the moment, while it does show a decent growth rate.

Check the latest full fundamental report of PSN for a complete fundamental analysis.

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

Keep in mind

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 (4/19/2024, 7:11:35 PM)

After market: 77.49 0 (0%)

77.49

-0.31 (-0.4%)

PSN News

News Image21 hours ago - Market News VideoOversold Conditions For Parsons (PSN)
News Image4 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)

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News Image5 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...

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

News Image9 days ago - Parsons Services CompanyParsons Included on $200M U.S. Army Corps of Engineers Construction Management Contract
News Image9 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.

News Image11 days ago - Parsons Services CompanyParsons to Announce First Quarter 2024 Financial Results on May 1, 2024
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CHANTILLY, Va., April 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release first quarter 2024 financial results before the markets...

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