Critical Analysis: Veea (NASDAQ:VEEA) and Parsons (NYSE:PSN)

Parsons (NYSE:PSN) and Veea (NASDAQ:VEEA) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, earnings, profitability and risk.

Earnings and Valuation

This table compares Parsons and Veea”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Parsons	$6.75 billion	0.94	$161.15 million	$0.76	77.82
Veea	N/A	N/A	-$30,000.00	N/A	N/A

Parsons has higher revenue and earnings than Veea.

Profitability

This table compares Parsons and Veea’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Parsons	1.30%	12.82%	5.73%
Veea	N/A	N/A	-20.86%

Insider & Institutional Ownership

98.0% of Parsons shares are held by institutional investors. Comparatively, 25.9% of Veea shares are held by institutional investors. 1.1% of Parsons shares are held by company insiders. Comparatively, 71.0% of Veea shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Volatility & Risk

Parsons has a beta of 0.78, indicating that its share price is 22% less volatile than the S&P 500. Comparatively, Veea has a beta of -0.02, indicating that its share price is 102% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and target prices for Parsons and Veea, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Parsons	0	2	8	0	2.80
Veea	0	0	0	0	0.00

Parsons currently has a consensus price target of $99.44, indicating a potential upside of 68.15%. Given Parsons’ stronger consensus rating and higher probable upside, analysts clearly believe Parsons is more favorable than Veea.

Summary

Parsons beats Veea on 10 of the 11 factors compared between the two stocks.

About Parsons

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. The company operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment provides critical technologies, such as cybersecurity; missile defense; intelligence; space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; environmental remediation; border security, critical infrastructure protection; counter unmanned air systems; biometrics and bio surveillance solutions to U.S. Department of Defense, including military services; Missile Defense Agency, the Department of Energy; the Department of State; the Department of Homeland Security, and the Federal Aviation Administration. The Critical Infrastructure segment provides management, design, and engineering services, as well as offers leveraging sensor solutions. This segment develops digital solutions for next generation aviation, rail and transit, bridges, roads, and highways; and provides water and wastewater treatment systems; AI/ML, and digital twin and cyber systems integration services; planning, engineering, and management services for infrastructure, including bridges and tunnels, roads and highways, water and wastewater, and dams and reservoirs. Parsons Corporation was founded in 1944 and is headquartered in Chantilly, Virginia.

About Veea

Veea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.