Asgn Inc Stock Analysis

ASGN Stock  USD 89.24  4.74  5.61%   
ASGN Inc is fairly valued with Real Value of 88.72 and Target Price of 86.57. The main objective of ASGN stock analysis is to determine its intrinsic value, which is an estimate of what ASGN Inc is worth, separate from its market price. There are two main types of ASGN's stock analysis: fundamental analysis and technical analysis.
The ASGN stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ASGN is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. ASGN Stock trading window is adjusted to America/New York timezone.
  
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 Stock Analysis Notes

About 97.0% of the company shares are held by institutions such as insurance companies. The book value of ASGN was presently reported as 40.15. The company has Price/Earnings To Growth (PEG) ratio of 2.02. ASGN Inc last dividend was issued on the 29th of October 2010. The entity had 2:1 split on the 4th of April 2000. 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. ASGN Incorporated was incorporated in 1985 and is based in Glen Allen, Virginia. On Assignment operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 00 people. For more info on ASGN Inc please contact Theodore CPA at 888 482 8068 or go to https://www.asgn.com.

ASGN Quarterly Total Revenue

1.03 Billion

ASGN Inc Investment Alerts

ASGN Inc generated a negative expected return over the last 90 days
ASGN Inc is unlikely to experience financial distress in the next 2 years
ASGN Inc has a very strong financial position based on the latest SEC filings
Over 97.0% of the company shares are held by institutions such as insurance companies
Latest headline from simplywall.st: Its A Story Of Risk Vs Reward With ASGN Incorporated

ASGN Inc Upcoming and Recent Events

Earnings reports are used by ASGN to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
7th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

ASGN Largest EPS Surprises

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
2011-02-17
2010-12-310.070.080.0114 
2010-07-29
2010-06-300.020.030.0150 
2010-02-18
2009-12-310.020.030.0150 
View All Earnings Estimates

ASGN Environmental, Social, and Governance (ESG) Scores

ASGN's ESG score is a quantitative measure that evaluates ASGN's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of ASGN's operations that may have significant financial implications and affect ASGN's stock price as well as guide investors towards more socially responsible investments.

ASGN Thematic Classifications

In addition to having ASGN stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ESG Investing Idea
ESG Investing
Companies that promote environmental, social, and governance factors during their day-to-day operations

ASGN Stock Institutional Investors

Shares
Pathstone Holdings Llc2024-06-30
913.7 K
Victory Capital Management Inc.2024-09-30
796.6 K
Jennison Associates Llc2024-09-30
735 K
Schroder Investment Management Group2024-06-30
673.3 K
Thrivent Financial For Lutherans2024-09-30
630.4 K
Goldman Sachs Group Inc2024-06-30
593.5 K
Reinhart Mahoney Capital Management Inc2024-09-30
589 K
Vaughan Nelson Scarbrgh & Mccullough Lp2024-06-30
580.9 K
Charles Schwab Investment Management Inc2024-09-30
549.2 K
Blackrock Inc2024-06-30
5.9 M
Vanguard Group Inc2024-09-30
5.2 M
Note, although ASGN's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ASGN Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.94 B.

ASGN Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.19  0.20 
Return On Capital Employed 0.12  0.14 
Return On Assets 0.06  0.07 
Return On Equity 0.12  0.10 

Management Efficiency

ASGN Inc has return on total asset (ROA) of 0.0559 % which means that it generated a profit of $0.0559 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0994 %, meaning that it created $0.0994 on every $100 dollars invested by stockholders. ASGN's management efficiency ratios could be used to measure how well ASGN manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ASGN's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.14, while Return On Equity is likely to drop 0.10. At this time, ASGN's Fixed Asset Turnover is very stable compared to the past year. As of the 25th of November 2024, Return On Assets is likely to grow to 0.07, while Non Currrent Assets Other are likely to drop about 20.7 M.
Last ReportedProjected for Next Year
Book Value Per Share 39.17  41.13 
Tangible Book Value Per Share(10.35)(9.83)
Enterprise Value Over EBITDA 12.00  15.38 
Price Book Value Ratio 2.45  3.91 
Enterprise Value Multiple 12.00  15.38 
Price Fair Value 2.45  3.91 
Enterprise Value99.1 M140.1 M
At ASGN Inc, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Operating Margin
0.0765
Profit Margin
0.0437
Beta
1.4
Return On Assets
0.0559
Return On Equity
0.0994

Technical Drivers

As of the 25th of November, ASGN shows the Risk Adjusted Performance of (0.01), standard deviation of 2.12, and Mean Deviation of 1.52. ASGN Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

ASGN Inc Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ASGN middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ASGN Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

ASGN Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ASGN insiders, such as employees or executives, is commonly permitted as long as it does not rely on ASGN's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ASGN insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

ASGN Outstanding Bonds

ASGN issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ASGN Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ASGN bonds can be classified according to their maturity, which is the date when ASGN Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

ASGN Predictive Daily Indicators

ASGN intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ASGN stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

ASGN Corporate Filings

F4
14th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
4th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
31st of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
F4
25th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
23rd of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
13th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
11th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

ASGN Forecast Models

ASGN's time-series forecasting models are one of many ASGN's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ASGN's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About ASGN Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how ASGN prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ASGN shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ASGN. By using and applying ASGN Stock analysis, traders can create a robust methodology for identifying ASGN entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.07  0.06 
Operating Profit Margin 0.08  0.06 
Net Profit Margin 0.05  0.05 
Gross Profit Margin 0.29  0.34 

Current ASGN Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ASGN analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ASGN analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
86.57Buy7Odds
ASGN Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ASGN analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ASGN stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ASGN Inc, talking to its executives and customers, or listening to ASGN conference calls.
ASGN Analyst Advice Details

ASGN Stock Analysis Indicators

ASGN Inc stock analysis indicators help investors evaluate how ASGN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ASGN shares will generate the highest return on investment. By understating and applying ASGN stock analysis, traders can identify ASGN position entry and exit signals to maximize returns.
Begin Period Cash Flow70.3 M
Long Term DebtB
Common Stock Shares Outstanding48.7 M
Total Stockholder Equity1.9 B
Tax Provision82.4 M
Quarterly Earnings Growth Y O Y-0.138
Property Plant And Equipment Net145.6 M
Cash And Short Term Investments175.9 M
Cash175.9 M
Accounts Payable34 M
Net Debt929.3 M
50 Day M A93.5396
Total Current Liabilities394.1 M
Other Operating ExpensesB
Non Current Assets Total2.6 B
Forward Price Earnings16.0772
Non Currrent Assets Other33.7 M
Stock Based Compensation44 M
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 Stocks Directory module to find actively traded stocks across global markets.
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.