ASGN Earnings Estimate

ASGN Stock  USD 88.45  0.86  0.96%   
The next projected EPS of ASGN is estimated to be 1.2897 with future projections ranging from a low of 1.285 to a high of 1.2975. ASGN's most recent 12-month trailing earnings per share (EPS TTM) is at 3.96. Please be aware that the consensus of earnings estimates for ASGN Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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ASGN is projected to generate 1.2897 in earnings per share on the 31st of December 2024. ASGN earnings estimates show analyst consensus about projected ASGN Inc EPS (Earning Per Share). It derives the highest and the lowest estimates based on ASGN's historical volatility. Many public companies, such as ASGN, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

ASGN Revenue Breakdown by Earning Segment

By analyzing ASGN's earnings estimates, investors can diagnose different trends across ASGN's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, ASGN's Gross Profit is very stable compared to the past year. As of the 18th of January 2025, Gross Profit Margin is likely to grow to 0.34, while Pretax Profit Margin is likely to drop 0.06.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASGN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

ASGN Earnings Estimation Breakdown

The calculation of ASGN's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of ASGN is estimated to be 1.2897 with the future projection ranging from a low of 1.285 to a high of 1.2975. Please be aware that this consensus of annual earnings estimates for ASGN Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.43
1.28
Lowest
Expected EPS
1.2897
1.30
Highest

ASGN Earnings Projection Consensus

Suppose the current estimates of ASGN's value are higher than the current market price of the ASGN stock. In this case, investors may conclude that ASGN is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and ASGN's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
796.13%
1.43
1.2897
3.96

ASGN Earnings History

Earnings estimate consensus by ASGN Inc analysts from Wall Street is used by the market to judge ASGN's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only ASGN's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

ASGN Quarterly Gross Profit

300.4 Million

At this time, ASGN's Retained Earnings are very stable compared to the past year. As of the 18th of January 2025, Retained Earnings Total Equity is likely to grow to about 1.4 B, though Price Earnings To Growth Ratio is likely to grow to (1.26). As of the 18th of January 2025, Net Income Applicable To Common Shares is likely to grow to about 323.7 M, while Common Stock Shares Outstanding is likely to drop about 39 M.
Hype
Prediction
LowEstimatedHigh
86.4188.4590.49
Details
Intrinsic
Valuation
LowRealHigh
79.6194.2496.28
Details
7 Analysts
Consensus
LowTargetHigh
89.4898.33109.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ASGN. Your research has to be compared to or analyzed against ASGN's peers to derive any actionable benefits. When done correctly, ASGN's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ASGN Inc. Note that many institutional investors and large investment bankers can move markets due to the volume of ASGN assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards ASGN. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving ASGN's stock price in the short term.

ASGN Earnings per Share Projection vs Actual

Actual Earning per Share of ASGN refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering ASGN Inc predict the company's earnings will be in the future. The higher the earnings per share of ASGN, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

ASGN Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as ASGN, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of ASGN should always be considered in relation to other companies to make a more educated investment decision.

ASGN Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact ASGN's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-23
2024-09-301.361.430.07
2024-07-24
2024-06-301.331.360.03
2024-04-24
2024-03-311.111.160.05
2024-02-07
2023-12-311.371.450.08
2023-10-25
2023-09-301.561.680.12
2023-07-26
2023-06-301.491.590.1
2023-04-26
2023-03-311.431.38-0.05
2023-02-08
2022-12-311.51.510.01
2022-10-26
2022-09-301.781.790.01
2022-07-27
2022-06-301.651.710.06
2022-04-27
2022-03-311.371.570.214 
2022-02-09
2021-12-311.351.550.214 
2021-10-27
2021-09-301.471.580.11
2021-07-28
2021-06-301.271.320.05
2021-04-28
2021-03-311.11.150.05
2021-02-10
2020-12-311.151.310.1613 
2020-10-28
2020-09-301.111.270.1614 
2020-07-29
2020-06-300.871.170.334 
2020-04-30
2020-03-310.841.080.2428 
2020-02-12
2019-12-311.231.280.05
2019-10-23
2019-09-301.231.310.08
2019-07-24
2019-06-301.191.18-0.01
2019-04-24
2019-03-310.950.93-0.02
2019-02-13
2018-12-311.151.14-0.01
2018-10-24
2018-09-301.11.30.218 
2018-07-25
2018-06-301.051.110.06
2018-04-25
2018-03-310.750.830.0810 
2018-02-14
2017-12-310.790.850.06
2017-10-25
2017-09-300.750.830.0810 
2017-07-26
2017-06-300.720.780.06
2017-04-26
2017-03-310.570.610.04
2017-02-14
2016-12-310.670.64-0.03
2016-10-27
2016-09-300.840.74-0.111 
2016-07-27
2016-06-300.780.80.02
2016-04-27
2016-03-310.60.660.0610 
2016-02-17
2015-12-310.740.760.02
2015-10-28
2015-09-300.760.820.06
2015-07-29
2015-06-300.560.610.05
2015-04-29
2015-03-310.430.41-0.02
2015-02-18
2014-12-310.530.60.0713 
2014-10-29
2014-09-300.560.570.01
2014-07-30
2014-06-300.520.560.04
2014-04-23
2014-03-310.240.260.02
2014-02-19
2013-12-310.320.350.03
2013-10-23
2013-09-300.350.380.03
2013-07-24
2013-06-300.280.320.0414 
2013-04-24
2013-03-310.180.360.18100 
2013-02-14
2012-12-310.280.21-0.0725 
2012-10-25
2012-09-300.30.340.0413 
2012-07-26
2012-06-300.230.280.0521 
2012-04-26
2012-03-310.160.14-0.0212 
2012-02-14
2011-12-310.160.20.0425 
2011-10-27
2011-09-300.180.210.0316 
2011-08-03
2011-06-300.130.160.0323 
2011-04-28
2011-03-310.060.080.0233 
2011-02-17
2010-12-310.070.080.0114 
2010-10-28
2010-09-300.070.090.0228 
2010-07-29
2010-06-300.020.030.0150 
2010-04-29
2010-03-310.01-0.01-0.02200 
2010-02-18
2009-12-310.020.030.0150 
2009-11-02
2009-09-300.010.040.03300 
2009-08-05
2009-06-300.030.02-0.0133 
2009-04-30
2009-03-310.030.050.0266 
2009-02-19
2008-12-310.130.1-0.0323 
2008-10-29
2008-09-300.160.190.0318 
2008-08-04
2008-06-300.130.150.0215 
2008-05-01
2008-03-310.070.090.0228 
2008-02-21
2007-12-310.080.06-0.0225 
2007-11-01
2007-09-300.110.09-0.0218 
2007-08-01
2007-06-300.070.080.0114 
2007-05-02
2007-03-310.030.030.0
2007-02-28
2006-12-310.060.10.0466 
2006-10-30
2006-09-300.10.10.0
2006-08-01
2006-06-300.050.070.0240 
2006-02-21
2005-12-310.010.030.02200 
2005-08-04
2005-06-30-0.090.010.1111 
2005-05-05
2005-03-31-0.17-0.110.0635 
2005-03-03
2004-12-31-0.1-0.080.0220 
2004-11-04
2004-09-30-0.11-0.090.0218 
2004-08-03
2004-06-30-0.1-0.12-0.0220 
2004-05-04
2004-03-31-0.07-0.060.0114 
2004-02-24
2003-12-31-0.01-0.08-0.07700 
2003-11-11
2003-09-300.020.01-0.0150 
2003-05-06
2003-03-310.01-0.02-0.03300 
2003-02-12
2002-12-310.080.07-0.0112 
2002-10-23
2002-09-300.130.140.01
2002-07-16
2002-06-300.150.150.0
2002-04-18
2002-03-310.120.120.0
2002-01-24
2001-12-310.170.16-0.01
2001-10-18
2001-09-300.190.18-0.01
2001-07-19
2001-06-300.180.190.01
2001-04-19
2001-03-310.220.21-0.01
2001-01-25
2000-12-310.220.230.01
2000-10-19
2000-09-300.210.220.01
2000-07-20
2000-06-300.190.20.01
2000-04-13
2000-03-310.170.190.0211 
2000-01-27
1999-12-310.180.190.01
1999-10-19
1999-09-300.170.170.0
1999-07-20
1999-06-300.150.160.01
1999-04-22
1999-03-310.130.140.01
1999-01-26
1998-12-310.130.140.01
1998-10-20
1998-09-300.130.130.0
1998-07-21
1998-06-300.110.120.01
1998-04-21
1998-03-310.090.110.0222 
1998-01-22
1997-12-310.10.120.0220 
1997-10-16
1997-09-300.090.10.0111 
1997-07-17
1997-06-300.080.090.0112 
1997-04-17
1997-03-310.070.080.0114 
1997-01-22
1996-12-310.080.080.0
1996-10-22
1996-09-300.070.070.0
1996-07-24
1996-06-300.060.060.0
1996-04-17
1996-03-310.060.060.0

About ASGN Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of ASGN earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current ASGN estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as ASGN fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings1.4 B1.4 B
Retained Earnings Total Equity1.4 B1.4 B
Earnings Yield 0.04  0.04 
Price Earnings Ratio 19.06  20.02 
Price Earnings To Growth Ratio(1.33)(1.26)

Pair Trading with ASGN

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASGN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASGN will appreciate offsetting losses from the drop in the long position's value.

Moving together with ASGN Stock

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Moving against ASGN Stock

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The ability to find closely correlated positions to ASGN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASGN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASGN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASGN Inc to buy it.
The correlation of ASGN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASGN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASGN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASGN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ASGN Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASGN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asgn Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asgn Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASGN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASGN. If investors know ASGN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASGN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
3.96
Revenue Per Share
91.558
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0559
The market value of ASGN Inc is measured differently than its book value, which is the value of ASGN that is recorded on the company's balance sheet. Investors also form their own opinion of ASGN's value that differs from its market value or its book value, called intrinsic value, which is ASGN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASGN's market value can be influenced by many factors that don't directly affect ASGN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASGN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASGN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASGN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.