Perspecta Inc. provides enterprise information technology (IT) services to government customers in the United States federal, state, and local markets. It offers cloud, platform, and IT Outsourcing services; enterprise and cloud applications services in the areas of application modernization and transformation, application development, testing and digital assurance, and application management; and enterprise security solutions, including building security infrastructures into the fabric of U.S. government agencies' digital enterprises. The company also provides services for converged mobility and workplace management, such as mobile enterprise services, virtual desktop and application services, and workplace device services; and a portfolio of analytics services comprising analytics platforms, information governance, artificial intelligence, and advisory services. Perspecta Inc. is based in Chantilly, Virginia.
PRSP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Perspecta Inc. To summarize, we found that Perspecta Inc ranked in the 96th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for PRSP, they are:
The company's balance sheet shows it gets 58% of its capital from equity, and 42% of its capital from debt. Notably, its equity weight is greater than only 7.55% of US equities in the Technology sector yielding a positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 2.66 years, is 1.58% -- higher than 94.33% of stocks in our DCF forecasting set.
Perspecta Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -5.3. This coverage rate is greater than that of just 12.16% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PRSP, try SCWX, TDOC, OKTA, SNE, and SMSI.
Perspecta ([[PRSP]] -0.4%) announces collaboration agreement with NextgenID to develop an identity proofing solution to remotely assess and verify the identity of individuals who apply for credentials to gain physical and network access to government facilities.Perspecta's solution combines its architecture, integration and operations expertise with NextgenID's hardware and identity software.This...
CHANTILLY, Va., Sept. 22, 2020 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it has entered into a collaboration agreement with NextgenID to develop an identity proofing solution to remotely assess and verify the identity of…
CHANTILLY, Va. , Sept. 17, 2020 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP ), a leading U.S. government services provider, announced today that Mike Kirkland , senior vice president, offerings and solutions development has been named to the 2020 FCW Federal 100. The Federal 100 program honors government and industry leaders at all levels who have gone above and beyond to show how technology can be leveraged to make government run better. Nominated by their peers and chosen by a panel of government and industry judges, individuals selected to the list personify what's possible in federal IT. Kirkland's career spans more than 30 years supporting critical defense, civilian and intelligence programs through systems engineering and integration, development and operational support. In his cur...
CHANTILLY, Va. , Sept. 17, 2020 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP ), a leading U.S. government services provider, announced today that it received an award to deliver a prototype of its proprietary award-winning HealthConcourse digital health platform to the Defense Health Agency in support of its goal to deploy a next-generation electronic health record (EHR) system for the Military Health System's (MHS) GENESIS project. The work was awarded through an Other Transaction Agreement from Naval Information Warfare Center Atlantic as part of the Information Warfare Research Project Consortium project. Over the next 12 months, Perspecta will configure its HealthConcourse solution to modernize and migrate patient data to … Full story available on Benzinga.com