NYSE:ASGNASGN Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding ASGN Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $31.26 -0.91 (-2.83 %) (As of 04/6/2020 07:13 AM ET) Add Compare Share Today's Range$30.15Now: $31.26▼$32.5950-Day Range$31.94MA: $46.20▼$68.4652-Week Range$29.04Now: $31.26▼$72.66Volume406,190 shsAverage Volume712,733 shsMarket Capitalization$1.66 billionP/E Ratio9.50Dividend YieldN/ABeta2.18 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media ASGN Incorporated provides information technology (IT) and professional staffing services in the technology, digital, creative, engineering, and life sciences fields across commercial and government sectors in the United States and internationally. The company operates through Apex, Oxford, and ECS segments. The Apex segment offers technical, scientific, digital, and creative services and solutions for contract, contract-to-hire, and permanent placement positions to Fortune 1000 and mid-market clients. The Oxford segment provides specialized staffing and permanent placement services in the areas of technical, digital, engineering, and life sciences resources and consulting in various skill and geographic markets. The ECS Segment delivers advanced solutions in cloud, cyber security, artificial intelligence, machine learning, software development, IT modernization, and science and engineering, as well as focuses on federal government activities. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. ASGN Incorporated was founded in 1985 and is headquartered in Calabasas, California.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingASGN has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $68.00, ASGN has a potential upside of 117.5% from its current price of $31.26.Amount of Analyst CoverageASGN has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.2 Community Rank Outperform VotesASGN has received 491 “outperform” votes. (Add your “outperform” vote.)Underperform VotesASGN has received 276 “underperform” votes. (Add your “underperform” vote.)Community SentimentASGN has received 64.02% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about ASGN and other stocks. Vote “Outperform” if you believe ASGN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ASGN will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.0 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 4.00% of the stock of ASGN is held by insiders.Percentage Held by Institutions92.89% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for ASGN are expected to grow by 15.95% in the coming year, from $3.95 to $4.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ASGN is 9.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.29.Price to Earnings Ratio vs. SectorThe P/E ratio of ASGN is 9.50, 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 30.14.Price to Earnings Growth RatioASGN has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioASGN has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.07 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Help supply services Sub-IndustryHuman Resource & Employment Services SectorComputer and Technology Current SymbolNYSE:ASGN Previous Symbol CUSIP68215910 CIK890564 Webhttp://www.asgn.com/ Phone818-878-7900Debt Debt-to-Equity Ratio0.81 Current Ratio2.32 Quick Ratio2.32Price-To-Earnings Trailing P/E Ratio9.50 Forward P/E Ratio7.91 P/E Growth1.06 Sales & Book Value Annual Sales$3.92 billion Price / Sales0.42 Cash Flow$6.39 per share Price / Cash Flow4.89 Book Value$26.06 per share Price / Book1.20Profitability EPS (Most Recent Fiscal Year)$4.61 Net Income$174.70 million Net Margins4.45% Return on Equity18.88% Return on Assets8.65%Miscellaneous Employees4,300 Outstanding Shares53,000,000Market Cap$1.66 billion Next Earnings Date4/22/2020 (Estimated) OptionableOptionable Receive ASGN 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. ASGN Rates by TradingView ASGN (NYSE:ASGN) Frequently Asked Questions How has ASGN's stock been impacted by COVID-19 (Coronavirus)? ASGN's stock was trading at $39.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ASGN stock has decreased by 21.6% and is now trading at $31.26. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of ASGN? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ASGN in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ASGN. When is ASGN's next earnings date? ASGN is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for ASGN. How were ASGN's earnings last quarter? ASGN Inc (NYSE:ASGN) posted its earnings results on Wednesday, February, 12th. The business services provider reported $1.28 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.23 by $0.05. The business services provider earned $1.03 billion during the quarter, compared to analyst estimates of $1 billion. ASGN had a net margin of 4.45% and a return on equity of 18.88%. The business's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 EPS. View ASGN's earnings history. What guidance has ASGN issued on next quarter's earnings? ASGN issued an update on its first quarter earnings guidance on Wednesday, February, 12th. The company provided earnings per share (EPS) guidance of $1.02-1.09 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.03. The company issued revenue guidance of $990 million to $1.00 billion, compared to the consensus revenue estimate of $986.11 million. What price target have analysts set for ASGN? 7 brokerages have issued 12 month target prices for ASGN's shares. Their forecasts range from $45.00 to $80.00. On average, they expect ASGN's share price to reach $68.00 in the next twelve months. This suggests a possible upside of 117.5% from the stock's current price. View analysts' price targets for ASGN. Has ASGN been receiving favorable news coverage? News stories about ASGN stock have been trending very negative on Monday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ASGN earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutASGN. Are investors shorting ASGN? ASGN saw a increase in short interest in March. As of March 13th, there was short interest totaling 911,900 shares, an increase of 15.6% from the February 27th total of 788,700 shares. Based on an average daily trading volume, of 306,300 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.8% of the company's shares are short sold. View ASGN's Current Options Chain. Who are some of ASGN's key competitors? Some companies that are related to ASGN include Tradeweb Markets (TW), Robert Half International (RHI), ManpowerGroup (MAN), Wageworks (WAGE), Korn Ferry (KFY), Insperity (NSP), Kforce (KFRC), Trueblue (TBI), Kelly Services (KELYA), Heidrick & Struggles International (HSII), Barrett Business Services (BBSI), GP Strategies (GPX) and Hudson Global (HSON). What other stocks do shareholders of ASGN own? Based on aggregate information from My MarketBeat watchlists, some companies that other ASGN investors own include Netflix (NFLX), Lululemon Athletica (LULU), Activision Blizzard (ATVI), Micron Technology (MU), NVIDIA (NVDA), Verizon Communications (VZ), Align Technology (ALGN), Baidu (BIDU), Lam Research (LRCX) and Paypal (PYPL). Who are ASGN's key executives? ASGN's management team includes the following people: Mr. Peter T. Dameris, Chief Exec. Officer & Director (Age 59)Mr. Theodore S. Hanson, Pres (Age 51)Mr. Edward Lee Pierce, Exec. VP and CFO (Age 62)Ms. Jennifer Hankes Painter, Sr. VP, Chief Legal Officer & Sec. (Age 50)Mr. Randolph C. Blazer, Pres of Apex Systems, LLC (Age 68) What is ASGN's stock symbol? ASGN trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASGN." How do I buy shares of ASGN? Shares of ASGN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is ASGN's stock price today? One share of ASGN stock can currently be purchased for approximately $31.26. How big of a company is ASGN? ASGN has a market capitalization of $1.66 billion and generates $3.92 billion in revenue each year. The business services provider earns $174.70 million in net income (profit) each year or $4.61 on an earnings per share basis. ASGN employs 4,300 workers across the globe. View additional information about ASGN. What is ASGN's official website? The official website for ASGN is http://www.asgn.com/. How can I contact ASGN? ASGN's mailing address is 26745 MALIBU HILLS ROAD, CALABASAS CA, 91301. The business services provider can be reached via phone at 818-878-7900 or via email at [email protected] This page was last updated on 4/6/2020 by MarketBeat.com StaffFeatured Article: Penny Stocks, What You Need To Know
