CHANTILLY, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on the U.S. Air Force Comprehensive Construction & Engineering Multiple Award Task Order Contract (MATOC). Managed by the Air Force Civil Engineering Center (AFCEC), this $15 billion ceiling value contract will ensure the readiness and resilience of U.S. Air Force and Department of War facilities. Work will be performed globally, with an initial five-year ordering period and ...

Financial Performance - Q4 FY2025 - GAAP gross revenue reached $3.2 billion, a year-over-year increase of 6.6%, while adjusted net revenue was $2.2 billion, up 5.8% year-over-year[10] - Adjusted EBITDA stood at $324 million, reflecting a 12% increase year-over-year, with an adjusted EBITDA margin of 14.4% on adjusted net revenue[10, 14] - Adjusted EPS increased by 27.7% year-over-year to $1.75[10, 14] Financial Performance - FY2025 - GAAP gross revenue was $12.0 billion, up 4.6% year-over-year, and adjusted net revenue was $8.7 billion, up 5.3% year-over-year[10, 17] - Adjusted EBITDA reached $1.2 billion, a 13.9% increase year-over-year, resulting in an adjusted EBITDA margin of 13.9% on adjusted net revenue[10, 17] - Adjusted EPS increased by 15.9% year-over-year to $6.12[10, 17] Backlog and Book-to-Bill Ratio - The company reported a Q4 book-to-bill ratio of 1.1x and a trailing twelve-month (TTM) book-to-bill ratio of 1.1x[10] - Backlog increased from $21.8 billion in 2024 to $23.1 billion in 2025[14, 17] Segment Performance - I&AF End Market (Q4 FY2025) - Critical Infrastructure saw gross revenue of $1.2 billion and adjusted net revenue of $989 million, with year-over-year growth of 5.9% and 9.2% respectively[20] - Water & Environmental had gross revenue of $807 million and adjusted net revenue of $583 million, experiencing a decrease of 4% and 1.1% respectively[20] - Life Sciences & Advanced Manufacturing reported gross revenue of $831 million and adjusted net revenue of $352 million, with year-over-year growth of 19% and 5.3% respectively[20] FY2026 Outlook - The company projects adjusted net revenue growth of 6% to 10% year-over-year[26] - Adjusted EPS is expected to be in the range of $6.90 to $7.30[26] - Free cash flow margin is projected to be between 7% and 8%[26]

Core Insights - Sterling Infrastructure, Inc. is a significant entity in the construction and infrastructure sector, offering a variety of services including heavy civil construction, residential construction, and infrastructure solutions [1] - The company is set to release its quarterly earnings on November 3, 2025, with an estimated earnings per share (EPS) of $2.79 and projected revenue of approximately $618.8 million [2] - A conference call will follow the earnings release on November 4, where management will discuss results and future outlook [2] Financial Metrics - Sterling's price-to-earnings (P/E) ratio is around 39.7, indicating strong investor confidence in the company's future earnings potential [3] - The price-to-sales ratio is approximately 5.29, reflecting the market's valuation of each dollar of sales [4] - The enterprise value to sales ratio is about 5.13, suggesting the company's total valuation relative to its sales [4] - The enterprise value to operating cash flow ratio is around 22.13, indicating the company's valuation in relation to its cash flow from operations [5] - The earnings yield is about 2.52%, providing insight into the return on investment for shareholders [5] - Sterling maintains a debt-to-equity ratio of approximately 0.39, indicating a balanced approach to financing its assets [5] - The current ratio of around 1.42 suggests the company's ability to cover its short-term liabilities with its short-term assets [5]

Core Insights - Primoris Services Corporation (PRIM) is set to report its third-quarter 2025 results on November 3, with previous quarter's adjusted EPS and revenues exceeding Zacks Consensus Estimates by 58.5% and 12.3% respectively, showing year-over-year growth of 61.5% and 20.9% [1][2] Financial Performance - The company has consistently surpassed consensus earnings estimates in the last four quarters, with an average surprise of 44.45% [2][3] - The Zacks Consensus Estimate for the upcoming third-quarter adjusted EPS is $1.32, reflecting an 8.2% year-over-year increase from $1.22 [4] - Revenue estimates for the third quarter are projected at $1.81 billion, indicating a 9.8% increase from $1.65 billion reported in the same quarter last year [5][6] Revenue Drivers - The anticipated revenue growth is attributed to increased demand for infrastructure solutions in power generation, electric utility, and data centers, supported by robust public funding [6][7] - The Utilities and Energy segments are expected to contribute significantly, with revenue estimates of $700 million and $1.16 billion respectively, showing year-over-year growth from $666.2 million and $1.01 billion [8] Earnings Outlook - The bottom line is expected to benefit from effective cost management and operational leverage, despite a projected decline in gross profit for the Utilities segment [9][10] - The Energy segment is expected to see a gross profit increase of 20.2% to $134 million [9] Market Position and Valuation - PRIM's stock has surged 125.6% over the past six months, outperforming peers and major indices [13] - The stock is currently trading at a premium valuation compared to industry peers, which may limit favorable entry points for new investors [15][16] Investment Considerations - The company's strong public infrastructure exposure and demand in renewable energy are positive indicators for near-term performance [17] - However, the premium valuation and stagnant earnings estimates suggest that new investors may want to wait for a better entry point [18][19]

Core Insights - Quanta Services, Inc. is a leading provider of infrastructure solutions in the electric power, renewable energy, and underground utility sectors, known for its diverse range of services including design, installation, and maintenance [1] - The company has demonstrated strong performance and positive analyst sentiment due to its strategic initiatives and market position [1] Price Target Trends - The consensus price target for Quanta Services has shown a notable upward trend, with the average price target rising from $442.75 three months ago to $470.33 last month, an increase of $27.58 [2] - A year ago, the average price target was $389.58, indicating a significant increase of $80.75 over the year, reflecting a strong upward trajectory in analyst expectations [3] - Analysts expect Quanta to outperform due to favorable earnings projections, positioning it as a key construction stock [3]

Core Insights - Dell Technologies (DELL) stock has recently experienced a significant decline of 5.2% in one day, and while it is currently viewed as fairly priced, historical trends suggest that buying during dips may be beneficial [2][3] - The company has a market capitalization of $106 billion and reported revenue of $101 billion, with a revenue growth of 10.5% over the last 12 months and an operating margin of 6.8% [5] - The stock has shown a median return of 109% within a year after significant dips since 2010, indicating potential for recovery after downturns [5] Financial Performance - DELL's stock declined by 44.4% from a peak of $60.77 on February 9, 2022, to $33.77 on October 12, 2022, while the S&P 500 experienced a peak-to-trough drop of 25.4% during the same period [6] - The stock fully rebounded to its pre-crisis peak by September 1, 2023, and reached a high of $179.21 on May 29, 2024, currently trading at $155.95 [6] - The company maintains a Debt to Equity ratio of 0.27 and a Cash to Assets ratio of 0.09, indicating a relatively low level of debt [5] Market Position and Strategy - DELL operates in multiple business segments, providing infrastructure solutions, client devices, and software, which support hybrid cloud, modern applications, networking, security, and digital workspaces [4] - A diversified investment approach is recommended, as focusing on a single stock carries notable risks; integrating commodities, gold, and crypto with equities could enhance long-term portfolio performance [3]

Core Insights - The article discusses the growing demand for infrastructure solutions in the U.S., particularly for mission-critical projects, and compares two companies, Sterling Infrastructure, Inc. (STRL) and Primoris Services Corporation (PRIM), in this context [2][4]. Company Analysis: Sterling Infrastructure, Inc. (STRL) - Sterling is diversifying its revenue by focusing on public infrastructure, especially mission-critical data centers and manufacturing [3]. - As of June 30, 2025, Sterling's E-Infrastructure Solutions backlog increased by 44% year-over-year to $1.2 billion, with revenues in this segment growing by 24.2% to $528.7 million, contributing 51% to total revenues [6]. - The total backlog for Sterling reached $2.01 billion, with a backlog margin of 17.8%, up from $1.69 billion at the end of 2024 [6]. - Sterling's acquisition of CEC Facilities Group, expected to close by Q3 2025, is anticipated to enhance its capabilities in mission-critical services [7][8]. - The company is strategically shifting towards large mission-critical projects due to weaknesses in the housing market, focusing on disciplined bidding and efficient execution [5]. Company Analysis: Primoris Services Corporation (PRIM) - Primoris specializes in constructing utility-scale power generation resources and is expanding its market exposure in data center infrastructure [9]. - As of June 30, 2025, Primoris' total backlog increased by 10% year-over-year to $11.49 billion, with $1.7 billion in data center work under evaluation for 2025 contracts [10][11]. - Primoris plans to submit bids for over $2.5 billion in natural gas generation projects and has solar projects worth $20-$30 billion planned through 2028 [11]. - Currently, only 10% of Primoris' revenues are tied to data center projects, indicating potential for revenue diversification [12]. Stock Performance & Valuation - In the past three months, Primoris' share price performance has outperformed Sterling's within the broader construction sector [13]. - Over the last five years, Sterling has traded at a premium valuation compared to Primoris on a forward 12-month price-to-earnings (P/E) ratio basis [14]. - Primoris offers a more attractive valuation with steady multi-year growth prospects, while Sterling shows slower growth with a premium valuation [15]. Earnings Estimates - The Zacks Consensus Estimate for STRL's 2025 EPS indicates a year-over-year growth of 45.9%, with a 9.4% increase projected for 2026 [18]. - For PRIM, the 2025 and 2026 earnings estimates imply year-over-year improvements of 20.7% and 12.1%, respectively [20]. Investment Consideration - Sterling's focus on mission-critical projects and strong backlog growth supports long-term visibility, but its premium valuation suggests optimism is already priced in [21]. - Primoris, with a larger backlog and aggressive expansion into high-growth markets, presents a more compelling buy opportunity due to its discounted valuation and stronger relative share performance [22].

Group 1 - Granite Construction operates in the construction industry, providing infrastructure solutions for both public and private clients [1] - The company has shown impressive performance and continues to attract attention in the market [1] Group 2 - Crude Value Insights focuses on the oil and natural gas sector, emphasizing cash flow and the potential for value and growth [1] - Subscribers benefit from a stock model account, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2]

Core Insights - Canaan Inc. is discontinuing its non-core AI semiconductor business to focus on its primary operations in crypto-related businesses, specifically bitcoin mining machine sales, self-mining operations, and consumer mining products [1][2][5] - The decision aims to streamline operations, enhance capital efficiency, and reduce expenditures unrelated to the company's core business lines [2][4] - The AI semiconductor business generated approximately US$0.9 million in revenue for fiscal year 2024, accounting for around 15% of the company's total operating expenses [3] Strategic Realignment - The company has been exploring strategic options for its AI semiconductor business since March 2022, including potential asset sales or orderly wind-downs [4] - After discontinuing the AI semiconductor unit, the company expects a significant decline in operating expenses [4] - The CEO emphasized that focusing on core strengths in crypto infrastructure and bitcoin mining is the most strategic path forward for the company [5] Company Background - Canaan Inc. was established in 2013 and specializes in ASIC high-performance computing chip design, chip R&D, computing equipment production, and software services [6] - The company is known for shipping the world's first batch of mining machines incorporating ASIC technology in bitcoin's history under the brand name Avalon [6]

Financial Performance - GAAP gross revenue reached $2.9 billion, a 2.2% year-over-year increase, while adjusted net revenue was $2.1 billion, up 3.1% year-over-year[10] - GAAP net income was $11 million, a decrease of 87.9% year-over-year, but adjusted net income increased by 18.8% to $176 million[10] - Adjusted EBITDA increased by 8.1% year-over-year to $287 million, with an adjusted EBITDA margin of 13.4% on adjusted net revenue[10] - GAAP EPS was $0.10, down 86.3% year-over-year, while adjusted EPS increased by 22.2% to $1.43[10] Infrastructure and Advanced Facilities (I&AF) Segment - I&AF backlog increased to $21.768 billion[35] - I&AF operating profit was $203 million, a decrease of 0.4% year-over-year, with an operating profit margin of 11.1% of adjusted net revenue[23] - Water & Environmental adjusted net revenue was $542 million, a decrease of 1.7% year-over-year[18] - Critical Infrastructure adjusted net revenue was $907 million, an increase of 2.2% year-over-year[20] - Life Sciences & Advanced Manufacturing adjusted net revenue was $382 million, an increase of 5.8% year-over-year[18] Balance Sheet and Cash Flow - Net debt stood at $1.4 billion with a net debt to LTM adjusted EBITDA ratio of 1.26x[26] - The company repurchased $351 million in shares, a 268% year-over-year increase, and declared a quarterly dividend of $0.32 per share, up 10% year-over-year[24] Fiscal Year 2025 Outlook - The company reaffirmed its FY25 financial targets, including mid-to-high single-digit adjusted net revenue growth year-over-year[27] - The company expects free cash flow conversion to be greater than 100% of net income[28]