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Parsons: Investor Day Highlights The Case For A Narrowing Valuation Discount

Apr. 05, 2021 3:32 PM ETParsons Corporation (PSN)4 Comments


  • Parsons delivered a robust set of medium-term targets at its inaugural investor day.
  • I see room for upside, however, as the current projections seem fairly conservative.
  • With the company also set to benefit from secular tailwinds across IoT and environmental remediation, along with M&A-led optionality, the current relative valuation discount seems unwarranted.

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Parsons (NYSE:PSN) recently hosted its inaugural investor day event, which outlined key longer-term shifts in the business model and strategic priorities, along with secular growth drivers as the company looks to achieve its fiscal 2023

Data by YCharts

This article was written by

Analyst with a keen interest in the global markets, always sifting through company filings in search of compelling opportunities. Approach is heavily centered on the notion that one needs to be non-consensus right in making investment decisions. A keen follower of value investing legends such as Peter Cundill, Seth Klarman, and more recently, Rupal Bhansali.

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