Parsons Corporation (NYSE:PSN)

Parsons Corporation PSN

Industrials - Industrial - Machinery - NYSE - US

Watchlist

$ 97.4

-2.87 %

$ 10.3 B

Market Cap

139.14

P/E

1. INTRINSIC VALUE

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cyber security and intelligence services, as well as offensive and defensive cybersecurity platforms, tools, and operations to the U.S. Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligence, threat analytics, space situational awareness, small satellite launch and integration, satellite ground systems, fight dynamics, and command, and control solutions to the National Geospatial-Intelligence Agency, National Reconnaissance Office, and multiple units within the U.S. Department of Defense.[ Read More ]

The intrinsic value of one PSN stock under the base case scenario is HIDDEN Compared to the current market price of 97.4 USD, Parsons Corporation is HIDDEN

PSN Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart PSN

FINANCIALS

Annual
Quarterly

5.44 B REVENUE

Growth Rates

1Year 29.74%

3Years 11.57%

5Years 8.86%

7Years 8.68%

10Years 0.00%

288 M OPERATING INCOME

Growth Rates

1Year 55.31%

3Years 17.49%

5Years 7.06%

7Years 34.93%

10Years 0.00%

208 M NET INCOME

Growth Rates

1Year 64.28%

3Years 20.47%

5Years -2.78%

7Years 94.86%

10Years 0.00%

408 M OPERATING CASH FLOW

Growth Rates

1Year 71.64%

3Years 12.13%

5Years 7.45%

7Years 10.82%

10Years 0.00%

-376 M INVESTING CASH FLOW

Growth Rates

1Year 9.94%

3Years -2.77%

5Years 5.67%

7Years -43.99%

10Years 0.00%

-21.9 M FINANCING CASH FLOW

Growth Rates

1Year -21.79%

3Years -2.05%

5Years -6.88%

7Years 26.30%

10Years 0.00%

1.81 B REVENUE

Growth Rates

1Year 29.74%

3Years 11.57%

5Years 8.86%

7Years 8.68%

10Years 0.00%

115 M OPERATING INCOME

Growth Rates

1Year 55.31%

3Years 17.49%

5Years 7.06%

7Years 34.93%

10Years 0.00%

97.1 M NET INCOME

Growth Rates

1Year 64.28%

3Years 20.47%

5Years -2.78%

7Years 94.86%

10Years 0.00%

299 M OPERATING CASH FLOW

Growth Rates

1Year 71.64%

3Years 12.13%

5Years 7.45%

7Years 10.82%

10Years 0.00%

-256 M INVESTING CASH FLOW

Growth Rates

1Year 9.94%

3Years -2.77%

5Years 5.67%

7Years -43.99%

10Years 0.00%

-13 M FINANCING CASH FLOW

Growth Rates

1Year -21.79%

3Years -2.05%

5Years -6.88%

7Years 26.30%

10Years 0.00%

Balance Sheet Decomposition Parsons Corporation

4.8 B ASSETS
2.43 B LIABILITIES

Current Assets	2.14 B
Cash & Short-Term Investments	273 M
Receivables	1.67 B
Other Current Assets	191 M
Non-Current Assets	2.67 B
Long-Term Investments	128 M
PP&E	258 M
Other Non-Current Assets	2.28 B

Current Liabilities	1.41 B
Accounts Payable	243 M
Short-Term Debt	61.2 M
Other Current Liabilities	1.11 B
Non-Current Liabilities	1.02 B
Long-Term Debt	869 M
Other Non-Current Liabilities	148 M

EFFICIENCY

Earnings Waterfall Parsons Corporation

Revenue	5.44 B
Cost Of Revenue	4.24 B
Gross Profit	1.21 B
Operating Expenses	918 M
Operating Income	288 M
Other Expenses	80.4 M
Net Income	208 M

RATIOS

22.16% GROSS MARGIN

Averages

1Year 22.16%

3Years 22.67%

5Years 22.29%

7Years 21.91%

10Years 21.58%

5.30% OPERATING MARGIN

Averages

1Year 5.30%

3Years 4.45%

5Years 4.04%

7Years 4.42%

10Years 4.19%

2.96% NET MARGIN

Averages

1Year 2.96%

3Years 2.56%

5Years 2.65%

7Years 3.03%

10Years 2.66%

7.05% ROE

Averages

1Year 7.05%

3Years 5.49%

5Years 5.86%

7Years 8.56%

10Years 5.99%

3.35% ROA

Averages

1Year 3.35%

3Years 2.66%

5Years 2.79%

7Years 3.52%

10Years 2.46%

7.49% ROIC

Averages

1Year 7.49%

3Years 5.59%

5Years 6.44%

7Years 7.89%

10Years 5.53%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Parsons Corporation

Net Income	208 M
Depreciation & Amortization	120 M
Capital Expenditures	-40.4 M
Stock-Based Compensation	34.4 M
Change in Working Capital	-103 M
Others	29.9 M
Free Cash Flow	367 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Parsons Corporation

Wall Street analysts predict an average 1-year price target for PSN of $105 , with forecasts ranging from a low of $75 to a high of $130 .

PSN Lowest Price Target Wall Street Target

75 USD -23.00%

PSN Average Price Target Wall Street Target

105 USD 7.57%

PSN Highest Price Target Wall Street Target

130 USD 33.47%

4. DIVIDEND ANALYSIS

0.00% DIVIDEND YIELD

0 USD DIVIDEND PER SHARE

5. COMPETITION

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567 USD

CACI

Undervalued 20.42%

ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States.

75.7 USD

ASGN

Overvalued 13.89%

ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments.

38.1 USD

EXLS

Overvalued 14.75%

Genpact Limited provides business process outsourcing and information technology (IT) services in India, rest of Asia, North and Latin America, and Europe.

51.8 USD

Undervalued 15.75%

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include engineering; technology integration; IT modernization; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as cloud migration, managed services, infrastructure modernization, and enterprise IT-as-a-service solutions.

190 USD

SAIC

Undervalued 55.35%

Clarivate Plc, an information services and analytics company, provides structured information and analytics for discovery, protection, and commercialization of scientific research, innovations, and brands.

14.4 USD

CLVT

Undervalued 232.54%

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM.

98.1 USD

WNS

Undervalued 94.26%

N-able, Inc. provides cloud-based software solutions for managed service providers (MSPs) in the United States, the United Kingdom, and internationally. The company's solutions enable MSPs to support digital transformation and growth within small and medium-sized enterprises.

23.5 USD

NABL

Undervalued 123.42%

6. Ownership

Insider Ownership Parsons Corporation

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
2 years ago Aug 05, 2022	Bought 1.45 M USD	Ball George L. Director	+ 35000	41.5 USD
2 years ago Aug 05, 2022	Bought 2.9 M USD	Ball George L. Chief Financial Officer	+ 70000	41.5 USD
2 years ago Feb 25, 2022	Bought 1.34 M USD	Ball George L. Chief Financial Officer	+ 40000	33.4 USD
2 years ago Dec 16, 2021	Bought 309 K USD	Smith Carey A. President & CEO	+ 10000	30.9297 USD
2 years ago Dec 16, 2021	Bought 931 K USD	Ball George L. Chief Financial Officer	+ 29804	31.25 USD
2 years ago Dec 15, 2021	Bought 6.12 K USD	Ball George L. Chief Financial Officer	+ 196	31.25 USD
2 years ago Dec 16, 2021	Bought 190 K USD	Kolloway Michael Richard See Remarks	+ 6000	31.7373 USD
3 years ago Aug 16, 2021	Bought 874 K USD	Ball George L. Chief Financial Officer	+ 25000	34.95 USD
3 years ago Aug 17, 2021	Bought 177 K USD	McMahon Harry T. Director	+ 5000	35.43 USD
3 years ago Aug 16, 2021	Bought 874 K USD	Ball George L. Chief Financial Officer	+ 25000	34.95 USD
4 years ago Nov 06, 2020	Bought 605 K USD	Ball George L. Chief Financial Officer	+ 20000	30.25 USD
4 years ago Aug 10, 2020	Bought 265 K USD	Smith Carey A. President & COO	+ 7500	35.3823 USD
4 years ago Mar 16, 2020	Bought 51.7 K USD	McMahon Harry T. Director	+ 1788	28.9262 USD
4 years ago Mar 16, 2020	Bought 200 K USD	McMahon Harry T. Director	+ 7112	28.1102 USD
4 years ago Mar 13, 2020	Bought 251 K USD	McMahon Harry T. Director	+ 8600	29.1801 USD
4 years ago Mar 13, 2020	Bought 88.3 K USD	Harrington Charles L. Chairman & CEO	+ 3000	29.439 USD
4 years ago Mar 12, 2020	Bought 143 K USD	Harrington Charles L. Chairman & CEO	+ 5000	28.5139 USD
4 years ago Mar 13, 2020	Bought 88.3 K USD	Harrington Charles L. Chairman & CEO	+ 3000	29.439 USD
4 years ago Mar 12, 2020	Bought 143 K USD	Harrington Charles L. Chairman & CEO	+ 5000	28.5139 USD
4 years ago Mar 12, 2020	Bought 286 K USD	Kolloway Michael Richard See Remarks	+ 10000	28.6 USD
4 years ago Mar 12, 2020	Bought 882 K USD	Ball George L. Chief Financial Officer	+ 30000	29.4 USD
5 years ago May 09, 2019	Bought 735 K USD	Ball George L. Chief Financial Officer	+ 25000	29.399 USD

7. News

Parsons Extends Bridge Franchise with America's River Crossing Award CHANTILLY, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Tennessee Department of Transportation (TDOT) has selected the company to serve as lead designer for the proposed America's River Crossing project, a pivotal infrastructure project aimed at enhancing transportation connectivity and economic growth in the Memphis region. This contract win marks a significant milestone for Parsons, further solidifying its position as a leader in long-span bridge design. globenewswire.com - 3 days ago

3 Reasons Why Growth Investors Shouldn't Overlook Parsons (PSN) Parsons (PSN) possesses solid growth attributes, which could help it handily outperform the market. zacks.com - 4 days ago

Parsons Launches New Version of DERMS, Enhancing Grid Reliability and Resiliency CHANTILLY, Va., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has launched the latest version of its DERMS solutions platform, a distributed energy resource (DER) management system and IoT platform. This open standards-based system, available as SaaS or enterprise landed, revolutionizes the integration and realization of the environmental and economic benefits of renewable energy also known as DERs that include solar panels, wind turbines, energy storage, electric batteries, thermostat controllers and building energy systems. globenewswire.com - 4 days ago

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Parsons Corporation (NYSE: PSN) NEW YORK , Nov. 11, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Parsons Corporation (NYSE: PSN) on behalf of the company's shareholders. The investigation seeks to determine whether Parsons's directors breached their fiduciary duties in connection with recent corporate actions. prnewswire.com - 5 days ago

Parsons Named Government Contractor of the Year CHANTILLY, Va., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) was recognized as “Contractor of the Year” this week at the 22nd Annual Greater Washington Government Contractor Awards, where the company won the “Contractor of the Year, greater than $300 million” category. The annual event, presented by the Northern Virginia Chamber of Commerce and the Professional Services Council, is the premier event honoring the leadership, innovation, and commitment to excellence of the people and businesses of the government contracting community. globenewswire.com - 1 week ago

PSN or APP: Which Is the Better Value Stock Right Now? Investors interested in stocks from the Technology Services sector have probably already heard of Parsons (PSN) and AppLovin (APP). But which of these two stocks is more attractive to value investors? zacks.com - 1 week ago

Parsons Still Has Room For More Double-Digit Growth Parsons Corporation's share price surged 78% in the past year, yet it still has room for growth with a one-year price target of $132.62. Analysts expect double-digit earnings growth through 2026, driven by profitable growth, management expertise, and rising free cash flow. Despite competitive pressures, Parsons shows strong Q3 results with record net income, adjusted EBITDA, and cash flow, supporting its growth stock status. seekingalpha.com - 1 week ago

Parsons Completes Acquisition of BCC Engineering Acquisition strategically enhances Parsons' infrastructure capabilities in the Southeast U.S. Acquisition strategically enhances Parsons' infrastructure capabilities in the Southeast U.S. globenewswire.com - 2 weeks ago

Parsons Corporation (PSN) Hits Fresh High: Is There Still Room to Run? Parsons (PSN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. zacks.com - 2 weeks ago

Parsons Corporation (PSN) Q3 2024 Earnings Call Transcript Parsons Corporation (NYSE:PSN ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Dave Spille - Senior Vice President, Investor Relations Carey Smith - Chair, President and CEO Matt Ofilos - Chief Financial Officer Conference Call Participants Sheila Kahyaoglu - Jefferies Andrew Wittmann - Baird Cai von Rumohr - TD Cowen Tobey Sommer - Truist Securities Alex Dwyer - KeyBanc Capital Josh Sullivan - The Benchmark Company Louie DiPalma - William Blair Noah Poponak - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by. Welcome to the Third Quarter 2024 Parsons Corporation Earnings Conference Call. seekingalpha.com - 2 weeks ago

Parsons (PSN) Tops Q3 Earnings and Revenue Estimates Parsons (PSN) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.69 per share a year ago. zacks.com - 2 weeks ago

Parsons Reports Record Results Since IPO for the Third Quarter of 2024 Q3 2024 Financial Highlights Record revenue of $1.8 billion increases 28% year-over-year Record organic revenue growth of 26%, including six consecutive quarters with year-over-year organic growth above 20% Record net income increases 52% to $72 million Record adjusted EBITDA increases 31% to $167 million Record cash flow from operations increases by $95 million to $299 million; record trailing twelve-month operating cash flow of $587 million increases 91% over the prior twelve-month period Contract awards increase 24% to $1.8 billion, a third quarter record Announced and closed BlackSignal Technologies acquisition After Q3 2024 ended, Parsons entered into a definitive agreement to acquire BCC Engineering, LLC Increasing fiscal year 2024 guidance ranges for all financial metrics CHANTILLY, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced financial results for the third quarter ended September 30, 2024. globenewswire.com - 2 weeks ago

8. Profile Summary

Parsons Corporation PSN

COUNTRY US

INDUSTRY Industrial - Machinery

MARKET CAP $ 10.3 B

Dividend Yield 0.00%

Description Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cyber security and intelligence services, as well as offensive and defensive cybersecurity platforms, tools, and operations to the U.S. Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligence, threat analytics, space situational awareness, small satellite launch and integration, satellite ground systems, fight dynamics, and command, and control solutions to the National Geospatial-Intelligence Agency, National Reconnaissance Office, and multiple units within the U.S. Department of Defense. It also provides missile defense and C5ISR solutions, such as integrated air and missile defense, data fusion and analytics, platform system integration, directed energy, joint all-domain operations, and command and control systems to Defense Intelligence Agency and the U.S. Department of Defense; technology services for energy production systems, aviation, healthcare and bio-surveillance systems, and environmental systems and associated infrastructure, as well as nuclear waste processing and treatment, weapons of mass destruction elimination, program and project management, infectious disease control analytics, and data protection solutions. In addition, the company offers intelligent transportation system management, aviation, rail and transit systems, smart cities software, and critical infrastructure cyber protection to the transportation authorities, rail, and transit entities; engineering services for infrastructure; and program management, and environmental solutions to private-sector industrial clients and public utilities. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.

Contact 5875 Trinity Parkway, Centreville, VA, 21120 https://www.parsons.com

IPO Date May 8, 2019

Employees 19000

Officers Mr. Matthew M. Ofilos Chief Financial Officer Ms. Wendy Van Wickle Chief Business Operations Officer Ms. Carey A. Smith President, Chief Executive Officer & Chairwoman Mr. Hector Cuevas Executive Vice President of Missile Defense & C5ISR Market Leader Mr. Paul Decker Chief Growth Officer Mr. Pierre Santoni President of Infrastructure EMEA Richard Aves Executive Vice President of Space & Geospatial Ms. Susan M. Balaguer Chief Human Resources Officer Mr. Ricardo Lorenzo Chief Technology Officer Mr. David Spille Senior Vice President of Investor Relations

Price Chart PSN

Parsons Corporation PSN

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