NYSE:ASGN

ASGN (ASGN) Stock Price, News & Analysis

$99.53
-2.58 (-2.53%)
(As of 01:15 PM ET)
Today's Range
$97.08
$101.98
50-Day Range
$94.73
$104.78
52-Week Range
$63.27
$106.42
Volume
231,817 shs
Average Volume
242,356 shs
Market Capitalization
$4.63 billion
P/E Ratio
22.12
Dividend Yield
N/A
Price Target
$93.50

ASGN MarketRank™ Stock Analysis

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
5.1% Downside
$95.20 Price Target
Short Interest
Healthy
2.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of ASGN in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$833,507 Sold Last Quarter
Proj. Earnings Growth
13.13%
From $5.79 to $6.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.57 out of 5 stars

Computer And Technology Sector

469th out of 586 stocks

Help Supply Services Industry

15th out of 16 stocks

ASGN stock logo

About ASGN Stock (NYSE:ASGN)

ASGN Incorporated engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to enterprise clients. This segment also offers workforce mobilization, modern enterprise, and digital innovation IT consulting services; and cloud, data and analytics, and digital transformation solutions. The Federal Government Segment provides mission-critical solutions to the department of defense, intelligence communities, and federal civilian agencies. This segment offers cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, and science and engineering solutions. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. ASGN Incorporated was founded in 1985 and is based in Glen Allen, Virginia.

ASGN Stock Price History

ASGN Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
ASGN Inc: Q1 Earnings Snapshot
ASGN Incorporated Reports First Quarter 2024 Results
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Here's what Wall Street expects from ASGN's earnings
ASGN (ASGN) Set to Announce Earnings on Wednesday
ASGN Incorporated
ASGN Apr 2024 110.000 call
ECS Named Prime on $500M ARPA-H IDIQ
ASGN Mar 2024 110.000 call
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Help supply services
Sub-Industry
Human Resource & Employment Services
CUSIP
68215910
Employees
3,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$93.50
High Stock Price Target
$112.00
Low Stock Price Target
$66.00
Potential Upside/Downside
-8.4%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
11 Analysts

Profitability

Net Income
$219.30 million
Pretax Margin
6.69%

Debt

Sales & Book Value

Annual Sales
$4.45 billion
Cash Flow
$8.62 per share
Book Value
$40.09 per share

Miscellaneous

Free Float
44,919,000
Market Cap
$4.75 billion
Optionable
Optionable
Beta
1.50
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Key Executives


ASGN Stock Analysis - Frequently Asked Questions

Should I buy or sell ASGN stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ASGN in the last year. There are currently 3 sell ratings, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ASGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASGN, but not buy additional shares or sell existing shares.
View ASGN analyst ratings
or view top-rated stocks.

What is ASGN's stock price target for 2024?

11 brokerages have issued 1-year price targets for ASGN's shares. Their ASGN share price targets range from $66.00 to $112.00. On average, they expect the company's stock price to reach $95.20 in the next twelve months. This suggests that the stock has a possible downside of 5.1%.
View analysts price targets for ASGN
or view top-rated stocks among Wall Street analysts.

How have ASGN shares performed in 2024?

ASGN's stock was trading at $96.17 at the beginning of 2024. Since then, ASGN shares have increased by 4.3% and is now trading at $100.30.
View the best growth stocks for 2024 here
.

Are investors shorting ASGN?

ASGN saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,030,000 shares, a decrease of 16.3% from the March 15th total of 1,230,000 shares. Based on an average daily trading volume, of 231,900 shares, the days-to-cover ratio is currently 4.4 days. Approximately 2.3% of the shares of the stock are sold short.
View ASGN's Short Interest
.

How were ASGN's earnings last quarter?

ASGN Incorporated (NYSE:ASGN) released its earnings results on Wednesday, April, 24th. The business services provider reported $1.16 earnings per share for the quarter, meeting the consensus estimate of $1.16. The business services provider earned $1.05 billion during the quarter, compared to the consensus estimate of $1.04 billion. ASGN had a trailing twelve-month return on equity of 15.52% and a net margin of 4.93%. ASGN's quarterly revenue was down 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.38 EPS.

What guidance has ASGN issued on next quarter's earnings?

ASGN updated its second quarter 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of 1.280-1.360 for the period, compared to the consensus earnings per share estimate of 1.360. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

What is Ted Hanson's approval rating as ASGN's CEO?

2 employees have rated ASGN Chief Executive Officer Ted Hanson on Glassdoor.com. Ted Hanson has an approval rating of 49% among the company's employees. This puts Ted Hanson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of ASGN own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ASGN investors own include Activision Blizzard (ATVI), Micron Technology (MU), Abbott Laboratories (ABT), Netflix (NFLX), NVIDIA (NVDA), Pfizer (PFE), Advanced Micro Devices (AMD), Cognex (CGNX), Lululemon Athletica (LULU) and Nektar Therapeutics (NKTR).

Who are ASGN's major shareholders?

ASGN's stock is owned by many different institutional and retail investors. Top institutional shareholders include Reinhart Partners LLC. (1.18%), Amalgamated Bank (0.05%) and Meadow Creek Wealth Advisors LLC (0.01%). Insiders that own company stock include Edward L Pierce, Edwin A Sheridan, Jennifer Hankes Painter, Jonathan S Holman, Mariel A Joliet, Mark A Frantz, Marty R Kittrell, Randolph C Blazer and Theodore S Hanson.
View institutional ownership trends
.

How do I buy shares of ASGN?

Shares of ASGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ASGN) was last updated on 4/25/2024 by MarketBeat.com Staff

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