NYSE:ASGN ASGN (ASGN) Stock Forecast, Price & News $66.38 +0.95 (+1.45%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$65.80▼$67.0750-Day Range$63.85▼$82.9352-Week Range$63.27▼$106.88Volume283,836 shsAverage Volume364,566 shsMarket Capitalization$3.27 billionP/E Ratio13.44Dividend YieldN/APrice Target$84.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ASGN MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside25.3% Upside$83.20 Price TargetShort InterestBearish3.18% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.48Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth14.92%From $5.83 to $6.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.36 out of 5 starsComputer And Technology Sector387th out of 1,226 stocksHelp Supply Services Industry25th out of 36 stocks 3.2 Analyst's Opinion Consensus RatingASGN has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $83.20, ASGN has a forecasted upside of 25.3% from its current price of $66.38.Amount of Analyst CoverageASGN has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.18% of the float of ASGN has been sold short.Short Interest Ratio / Days to CoverASGN has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in ASGN has recently increased by 22.76%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldASGN does not currently pay a dividend.Dividend GrowthASGN does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASGN. Previous Next 3.0 News and Social Media Coverage News SentimentASGN has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for ASGN this week, compared to 3 articles on an average week.Search Interest1 people have searched for ASGN on MarketBeat in the last 30 days. MarketBeat Follows3 people have added ASGN to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ASGN insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.00% of the stock of ASGN is held by insiders.Percentage Held by Institutions95.20% of the stock of ASGN is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for ASGN are expected to grow by 14.92% in the coming year, from $5.83 to $6.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ASGN is 13.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.91.Price to Earnings Ratio vs. SectorThe P/E ratio of ASGN is 13.44, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 368.50.Price to Earnings Growth RatioASGN has a PEG Ratio of 2.27. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioASGN has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ASGN (NYSE:ASGN) StockASGN, 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. The Oxford segment offers hard-to-find technical, digital, engineering, and life sciences services and solutions in select skill and geographic markets. The ECS segment delivers advanced solutions in cloud, cybersecurity, artificial intelligence, machine learning, software development, IT modernization, and science and engineering primarily focused on Federal Government activities. The company was founded on December 30, 1985 and is headquartered in Glen Allen, VA.Read More Receive ASGN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ASGN and its competitors with MarketBeat's FREE daily newsletter. Email Address ASGN Stock News HeadlinesJune 1, 2023 | msn.comUBS Initiates Coverage of ASGN (ASGN) with Buy RecommendationMay 30, 2023 | msn.comASGN Pockets $138M US Postal Service AGT ContractJune 2, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 23, 2023 | finance.yahoo.comASGN Incorporated Announces Participation in June ConferencesMay 19, 2023 | americanbankingnews.comASGN (NYSE:ASGN) Now Covered by Analysts at StockNews.comMay 13, 2023 | americanbankingnews.comASGN Incorporated (NYSE:ASGN) Receives $87.83 Consensus Target Price from AnalystsMay 12, 2023 | finance.yahoo.comThe past year for ASGN (NYSE:ASGN) investors has not been profitableMay 12, 2023 | americanbankingnews.comASGN (NYSE:ASGN) Hits New 12-Month Low at $63.82June 2, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 5, 2023 | finance.yahoo.comASGN Incorporated (NYSE:ASGN) Q1 2023 Earnings Call TranscriptMay 3, 2023 | americanbankingnews.comWilliam Blair Brokers Cut Earnings Estimates for ASGN Incorporated (NYSE:ASGN)May 2, 2023 | americanbankingnews.comASGN Incorporated to Post FY2023 Earnings of $5.93 Per Share, Jefferies Financial Group Forecasts (NYSE:ASGN)May 2, 2023 | americanbankingnews.comBMO Capital Markets Trims ASGN (NYSE:ASGN) Target Price to $81.00May 1, 2023 | seekingalpha.comASGN's Dual Segment Focus: A Recipe For Stability And GrowthMay 1, 2023 | americanbankingnews.comASGN (NYSE:ASGN) Price Target Lowered to $87.00 at Robert W. BairdApril 29, 2023 | americanbankingnews.comASGN (NYSE:ASGN) Shares Gap Down on Disappointing EarningsApril 28, 2023 | americanbankingnews.comASGN (NYSE:ASGN) Price Target Lowered to $102.00 at Truist FinancialApril 28, 2023 | americanbankingnews.comASGN (NYSE:ASGN) Downgraded by Bank of America to "Underperform"April 28, 2023 | finance.yahoo.com4 big analyst cuts: Wolfspeed downgraded on dreary guidance | Pro RecapApril 28, 2023 | finance.yahoo.comReturns On Capital At ASGN (NYSE:ASGN) Have Hit The BrakesApril 28, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for ASGN Incorporated Issued By Jefferies Financial Group (NYSE:ASGN)April 28, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for ASGN Incorporated Decreased by William Blair (NYSE:ASGN)April 26, 2023 | finance.yahoo.comASGN Incorporated Reports First Quarter 2023 ResultsApril 24, 2023 | americanbankingnews.comASGN (ASGN) Scheduled to Post Earnings on WednesdayApril 18, 2023 | americanbankingnews.comASGN Incorporated (NYSE:ASGN) Receives $99.80 Consensus PT from AnalystsApril 17, 2023 | finance.yahoo.comASGN Schedules First Quarter 2023 Earnings Release and Conference CallApril 10, 2023 | finance.yahoo.comAre Investors Undervaluing ASGN Incorporated (NYSE:ASGN) By 38%?See More Headlines ASGN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASGN Company Calendar Last Earnings4/26/2023Today6/02/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Help supply services Sub-IndustryHuman Resource & Employment Services SectorComputer and Technology Current SymbolNYSE:ASGN CUSIP68215910 CIK890564 Webwww.asgn.com Phone(888) 482-8068Fax818-878-7930Employees4,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$83.20 High Stock Price Forecast$102.00 Low Stock Price Forecast$66.00 Forecasted Upside/Downside+26.5%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$4.94 Trailing P/E Ratio13.44 Forward P/E Ratio11.39 P/E Growth2.27Net Income$268.10 million Net Margins5.43% Pretax Margin7.38% Return on Equity17.08% Return on Assets9.08% Debt Debt-to-Equity Ratio0.54 Current Ratio2.40 Quick Ratio2.40 Sales & Book Value Annual Sales$4.58 billion Price / Sales0.71 Cash Flow$8.50 per share Price / Cash Flow7.81 Book Value$39.02 per share Price / Book1.70Miscellaneous Outstanding Shares49,300,000Free Float47,821,000Market Cap$3.27 billion OptionableOptionable Beta1.65 Key ExecutivesTheodore S. HansonChief Executive Officer & DirectorRandolph C. BlazerPresidentMarie L. PerryChief Financial Officer & Executive Vice PresidentMichael C. PayneChief Information Officer & Senior Vice PresidentShayla TreadwellVice President-Governance, Risk & ComplianceKey CompetitorsRingCentralNYSE:RNGWeiboNASDAQ:WBDigitalOceanNASDAQ:DOCNNCRNYSE:NCRAmbarellaNASDAQ:AMBAView All CompetitorsInsiders & InstitutionsSusquehanna International Group LLPBought 14,500 shares on 5/16/2023Ownership: 0.000%PEAK6 Investments LLCSold 17,600 shares on 5/12/2023Ownership: 0.000%TimesSquare Capital Management LLCSold 73,606 shares on 5/10/2023Ownership: 0.381%Russell Investments Group Ltd.Bought 3,866 shares on 5/9/2023Ownership: 0.041%Essex Investment Management Co. LLCSold 706 shares on 5/4/2023Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions ASGN Stock - Frequently Asked Questions Should I buy or sell ASGN stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ASGN in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 6 analysts have issued 12 month price objectives for ASGN's stock. Their ASGN share price forecasts range from $66.00 to $102.00. On average, they predict the company's share price to reach $83.20 in the next twelve months. This suggests a possible upside of 25.3% from the stock's current price. View analysts price targets for ASGN or view top-rated stocks among Wall Street analysts. How have ASGN shares performed in 2023? ASGN's stock was trading at $81.48 at the start of the year. Since then, ASGN shares have decreased by 18.5% and is now trading at $66.38. View the best growth stocks for 2023 here. Are investors shorting ASGN? ASGN saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,510,000 shares, an increase of 22.8% from the April 30th total of 1,230,000 shares. Based on an average daily volume of 317,100 shares, the short-interest ratio is presently 4.8 days. Approximately 3.2% of the shares of the company are short sold. View ASGN's Short Interest. When is ASGN's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our ASGN earnings forecast. How were ASGN's earnings last quarter? ASGN Incorporated (NYSE:ASGN) issued its quarterly earnings results on Wednesday, April, 26th. The business services provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.43 by $0.05. The business services provider earned $1.13 billion during the quarter, compared to analyst estimates of $1.15 billion. ASGN had a net margin of 5.43% and a trailing twelve-month return on equity of 17.08%. The business's quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the company earned $1.57 earnings per share. What ETFs hold ASGN's stock? ETFs with the largest weight of ASGN (NYSE:ASGN) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME), SPDR Kensho Future Security ETF (FITE), Harbor Corporate Culture Leaders ETF (HAPY), Nuveen Small Cap Select ETF (NSCS), Fidelity Small-Mid Cap Opportunities ETF (FSMO), Invesco S&P MidCap Quality ETF (XMHQ), First Trust Mid Cap Value AlphaDEX Fund (FNK) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV). What guidance has ASGN issued on next quarter's earnings? ASGN updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $1.41-$1.56 for the period, compared to the consensus estimate of $1.65. The company issued revenue guidance of $1.11 billion-$1.15 billion, compared to the consensus revenue estimate of $1.19 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). What is ASGN's stock symbol? ASGN trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASGN." Who are ASGN's major shareholders? ASGN's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Reinhart Partners Inc. (0.47%), TimesSquare Capital Management LLC (0.38%), SG Americas Securities LLC (0.11%), Amalgamated Bank (0.07%), Knights of Columbus Asset Advisors LLC (0.05%) and Russell Investments Group Ltd. (0.04%). Insiders that own company stock include Arshad Matin, Edward L Pierce, Edwin A Sheridan, Jennifer Hankes Painter, Jeremy M Jones, Jonathan S Holman, Mariel A Joliet, Mark A Frantz, Marty R Kittrell, Randolph C Blazer, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is ASGN's stock price today? One share of ASGN stock can currently be purchased for approximately $66.38. How much money does ASGN make? ASGN (NYSE:ASGN) has a market capitalization of $3.27 billion and generates $4.58 billion in revenue each year. The business services provider earns $268.10 million in net income (profit) each year or $4.94 on an earnings per share basis. How many employees does ASGN have? The company employs 4,000 workers across the globe. How can I contact ASGN? ASGN's mailing address is 4400 COX ROAD SUITE 110, GLEN ALLEN VA, 23060. The official website for the company is www.asgn.com. The business services provider can be reached via phone at (888) 482-8068, via email at lisa.newman@asgn.com, or via fax at 818-878-7930. This page (NYSE:ASGN) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ASGN Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. 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