Professional
Added to YB: 2024-02-19
Pitch date: 2024-02-15
PSN [bullish]
Parsons Corporation
-14.9%
current return
Author Info
Lake Cornelia Research Management provides managed accounts and bespoke advisory services to family offices & investment funds. Follow on Twitter/X.
Company Info
Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally.
Market Cap
$8.9B
Pitch Price
$74.42
Price Target
84.00 (+33%)
Dividend
N/A
EV/EBITDA
16.49
P/E
37.45
EV/Sales
1.51
Sector
Professional Services
Category
growth
Parsons Corporation - $PSN
PSN: Record 47% Fed Solutions & 20% Critical Infra organic growth in Q4. '24 guide conservative: $5.8-6B rev, $505-545M EBITDA. Strong BS enables 2-3 acqs/yr. '25 target raised w/ mid-single digit org growth outlook. PT $84 on 15.8x '25 EBITDA, $120+ upside as ESOP <50% may attract activists.
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