Is ASGN Stock a Good Investment?
ASGN Investment Advice | ASGN |
- Examine ASGN's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ASGN's leadership team and their track record. Good management can help ASGN navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Human Resource & Employment Services space and any emerging trends that could impact ASGN's business and its evolving consumer preferences.
- Compare ASGN's performance and market position to its competitors. Analyze how ASGN is positioned in terms of product offerings, innovation, and market share.
- Check if ASGN pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ASGN's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ASGN Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ASGN Inc is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ASGN Stock
Researching ASGN's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.69. Some equities with similar Price to Book (P/B) outperform the market in the long run. ASGN Inc has Price/Earnings To Growth (PEG) ratio of 2.02. The entity last dividend was issued on the 29th of October 2010. The firm had 2:1 split on the 4th of April 2000.
To determine if ASGN is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ASGN's research are outlined below:
| 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 96.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from kalkinemedia.com: Liquidation by Assignment A Strategic Alternative to Business Closure |
ASGN Quarterly Cost Of Revenue |
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ASGN uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ASGN Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ASGN's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
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. Below are the table of largest EPS Surprises ASGN's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2011-02-17 | 2010-12-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2010-07-29 | 2010-06-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2010-02-18 | 2009-12-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2009-08-05 | 2009-06-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2007-08-01 | 2007-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2004-05-04 | 2004-03-31 | -0.07 | -0.06 | 0.01 | 14 | ||
2003-11-11 | 2003-09-30 | 0.02 | 0.01 | -0.01 | 50 | ||
2003-02-12 | 2002-12-31 | 0.08 | 0.07 | -0.01 | 12 |
ASGN Target Price Consensus
ASGN target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ASGN's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Buy |
Most ASGN analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ASGN stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ASGN Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationASGN Target Price Projection
ASGN's current and average target prices are 68.00 and 98.33, respectively. The current price of ASGN is the price at which ASGN Inc is currently trading. On the other hand, ASGN's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On ASGN Target Price
ASGN Analyst Ratings
ASGN's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ASGN stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ASGN's financials, market performance, and future outlook by experienced professionals. ASGN's historical ratings below, therefore, can serve as a valuable tool for investors.Know ASGN's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ASGN is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ASGN Inc backward and forwards among themselves. ASGN's institutional investor refers to the entity that pools money to purchase ASGN's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jennison Associates Llc | 2024-12-31 | 735.3 K | Amvescap Plc. | 2024-12-31 | 665.3 K | Northern Trust Corp | 2024-12-31 | 631.1 K | Thrivent Financial For Lutherans | 2024-12-31 | 629.2 K | Reinhart Mahoney Capital Management Inc | 2024-12-31 | 587.2 K | Schroder Investment Management Group | 2024-12-31 | 563.1 K | Charles Schwab Investment Management Inc | 2024-12-31 | 542.5 K | Hotchkis & Wiley Capital Management Llc | 2024-12-31 | 537.4 K | Norges Bank | 2024-12-31 | 523.7 K | Blackrock Inc | 2024-12-31 | 5.9 M | Vanguard Group Inc | 2024-12-31 | 5.2 M |
ASGN's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3 B.Market Cap |
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ASGN's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.16 | 0.08 | |
| Return On Capital Employed | 0.10 | 0.14 | |
| Return On Assets | 0.05 | 0.07 | |
| Return On Equity | 0.10 | 0.10 |
Determining ASGN's profitability involves analyzing its financial statements and using various financial metrics to determine if ASGN is a good buy. For example, gross profit margin measures ASGN's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ASGN's profitability and make more informed investment decisions.
ASGN's Earnings Breakdown by Geography
Evaluate ASGN's management efficiency
ASGN Inc has return on total asset (ROA) of 0.0546 % which means that it generated a profit of $0.0546 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0955 %, meaning that it created $0.0955 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 Capital Employed is very stable compared to the past year. As of the 20th of March 2025, Return On Assets is likely to grow to 0.07, while Return On Tangible Assets are likely to drop 0.08. At this time, ASGN's Return On Assets are very stable compared to the past year. As of the 20th of March 2025, Asset Turnover is likely to grow to 2.06, while Non Currrent Assets Other are likely to drop about 21.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 39.31 | 41.27 | |
| Tangible Book Value Per Share | (12.31) | (11.69) | |
| Enterprise Value Over EBITDA | 15.31 | 15.42 | |
| Price Book Value Ratio | 2.12 | 3.86 | |
| Enterprise Value Multiple | 15.31 | 15.42 | |
| Price Fair Value | 2.12 | 3.86 | |
| Enterprise Value | 99.1 M | 140.1 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.
Beta 1.34 |
Basic technical analysis of ASGN Stock
As of the 20th of March, ASGN shows the Mean Deviation of 1.56, standard deviation of 2.12, and Risk Adjusted Performance of (0.16). 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's 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's Outstanding Corporate 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 INC 4625 Corp BondUS00191UAA07 | View | |
| ATT P 65 Corp BondUS001957AW94 | View | |
| US001940AC98 Corp BondUS001940AC98 | View | |
| T 875 15 NOV 31 Corp BondUS001957BD05 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand ASGN's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ASGN's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (0.46) | |||
| Mean Deviation | 1.56 | |||
| Coefficient Of Variation | (537.32) | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.48 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.47) | |||
| Maximum Drawdown | 9.6 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 2.64 | |||
| Skewness | (0.32) | |||
| Kurtosis | 0.5155 |
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (0.46) | |||
| Mean Deviation | 1.56 | |||
| Coefficient Of Variation | (537.32) | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.48 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.47) | |||
| Maximum Drawdown | 9.6 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 2.64 | |||
| Skewness | (0.32) | |||
| Kurtosis | 0.5155 |
Consider ASGN's intraday 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.
| Accumulation Distribution | 8186.37 | |||
| Daily Balance Of Power | (0.03) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 68.17 | |||
| Day Typical Price | 68.11 | |||
| Price Action Indicator | (0.20) | |||
| Period Momentum Indicator | (0.05) | |||
| Relative Strength Index | 35.83 |
ASGN Corporate Filings
8K | 6th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 5th of March 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 27th of February 2025 Other Reports | ViewVerify | |
10K | 24th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
ASGN Stock media impact
Far too much social signal, news, headlines, and media speculation about ASGN that are available to investors today. That information is available publicly through ASGN media outlets and privately through word of mouth or via ASGN internal channels. However, regardless of the origin, that massive amount of ASGN data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ASGN news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ASGN relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ASGN's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ASGN alpha.
ASGN Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ASGN can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ASGN Inc Historical Investor Sentiment
Investor biases related to ASGN's public news can be used to forecast risks associated with an investment in ASGN. The trend in average sentiment can be used to explain how an investor holding ASGN can time the market purely based on public headlines and social activities around ASGN Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ASGN's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ASGN and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average ASGN news discussions. The higher the estimate score, the more favorable the investor's outlook on ASGN.
ASGN Corporate Directors
| Jonathan Holman | Independent Director | Profile | |
| Mark Frantz | Independent Director | Profile | |
| Mariel Joliet | Independent Director | Profile | |
| Marty Kittrell | Independent Director | Profile |
Already Invested in ASGN Inc?
The danger of trading ASGN Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASGN is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASGN. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASGN Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 (0.10) | Earnings Share 3.83 | Revenue Per Share | Quarterly Revenue Growth (0.08) | Return On Assets |
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.
In summary, please note that there is a difference between ASGN's value and its price, as these two are different measures arrived at by various 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.