ASGN (ASGN) Scheduled to Post Quarterly Earnings on Wednesday

ASGN (NYSE:ASGN – Get Rating) will post its quarterly earnings results after the market closes on Wednesday, April 27th. Analysts expect ASGN to post earnings of $1.38 per share for the quarter. ASGN has set its Q1 2022 guidance at $1.310-$1.370 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

ASGN (NYSE:ASGN – Get Rating) last issued its earnings results on Wednesday, February 9th. The business services provider reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.20. ASGN had a return on equity of 16.94% and a net margin of 9.93%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the business earned $1.31 earnings per share. On average, analysts expect ASGN to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Shares of ASGN opened at $120.19 on Wednesday. ASGN has a 52 week low of $91.61 and a 52 week high of $131.89. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $6.20 billion, a P/E ratio of 15.65, a price-to-earnings-growth ratio of 1.37 and a beta of 2.01. The business has a 50-day moving average of $111.65.

ASGN has been the topic of a number of recent analyst reports. Truist Financial increased their price target on shares of ASGN from $130.00 to $150.00 in a report on Tuesday, January 11th. StockNews.com assumed coverage on ASGN in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Bank of America assumed coverage on ASGN in a research report on Friday, March 11th. They set a “buy” rating on the stock. Zacks Investment Research downgraded ASGN from a “buy” rating to a “hold” rating in a research report on Tuesday, April 12th. Finally, TheStreet downgraded shares of ASGN from a “b” rating to a “c+” rating in a report on Monday, March 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $129.00.

About ASGN (Get Rating)

ASGN, Inc engages in the provision of information technology and professional services in the technology, digital, creative, engineering, and life sciences fields in the commercial and government sectors. It operates through the following segments: Apex, Oxford, and ECS. The Apex segment offers technical, scientific, digital, and creative services and solutions to Fortune 1000 and mid-market clients.

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