Equities research analysts expect ASGN Incorporated (NYSE:ASGN – Get Rating) to announce $1.12 billion in sales for the current quarter, according to Zacks. Two analysts have made estimates for ASGN’s earnings. ASGN posted sales of $974.90 million during the same quarter last year, which suggests a positive year-over-year growth rate of 14.9%. The firm is scheduled to announce its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that ASGN will report full year sales of $4.45 billion for the current fiscal year, with estimates ranging from $4.42 billion to $4.50 billion. For the next financial year, analysts forecast that the business will post sales of $4.82 billion, with estimates ranging from $4.81 billion to $4.85 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover ASGN.
ASGN (NYSE:ASGN – Get Rating) last announced its earnings results on Wednesday, April 27th. The business services provider reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.20. ASGN had a return on equity of 17.55% and a net margin of 10.21%. During the same quarter in the previous year, the business posted $1.15 earnings per share.
Shares of ASGN stock opened at $98.28 on Friday. The business has a 50-day moving average of $113.33 and a 200 day moving average of $116.54. ASGN has a 12 month low of $91.61 and a 12 month high of $131.89. The stock has a market capitalization of $5.02 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 1.03 and a beta of 1.89. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.99 and a quick ratio of 1.14.
Hedge funds and other institutional investors have recently modified their holdings of the company. O Shaughnessy Asset Management LLC increased its position in ASGN by 24.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 2,326 shares of the business services provider’s stock worth $264,000 after buying an additional 450 shares during the period. FDx Advisors Inc. increased its position in ASGN by 5.1% during the first quarter. FDx Advisors Inc. now owns 4,459 shares of the business services provider’s stock worth $520,000 after buying an additional 217 shares during the period. Crossmark Global Holdings Inc. increased its position in ASGN by 2.2% during the first quarter. Crossmark Global Holdings Inc. now owns 4,590 shares of the business services provider’s stock worth $536,000 after buying an additional 100 shares during the period. Amundi Pioneer Asset Management Inc. increased its position in ASGN by 119.5% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 10,974 shares of the business services provider’s stock worth $697,000 after buying an additional 5,974 shares during the period. Finally, Argent Capital Management LLC increased its position in ASGN by 18.1% during the first quarter. Argent Capital Management LLC now owns 8,773 shares of the business services provider’s stock worth $1,024,000 after buying an additional 1,342 shares during the period. 94.33% of the stock is currently owned by institutional investors and hedge funds.
ASGN Company Profile (Get Rating)
ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to Fortune 1000 and mid-market clients.
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