ASGN Stock Target Price and Analyst Consensus

ASGN Stock  USD 95.55  0.82  0.87%   
The current analyst and expert consensus on ASGN is Buy, with 1 strong sell and 3 strong buy opinions. The current projected ASGN target price consensus is 86.57 with 9 analyst opinions. The most common way ASGN Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview ASGN executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on ASGN. We strongly encourage you to use your own analysis of ASGN Inc to validate this buy or sell advice. ASGN buy-or-sell recommendation module provides average expert sentiment on the projected ASGN Inc target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on ASGN to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
78.78
Highest Forecast
96.09
Target Price
86.57
At this time, ASGN's Gross Profit is very stable compared to the past year. As of the 19th of April 2024, Net Profit Margin is likely to grow to 0.05, while Pretax Profit Margin is likely to drop 0.06. At this time, ASGN's Retained Earnings are very stable compared to the past year. As of the 19th of April 2024, Accounts Payable is likely to grow to about 35.7 M, while Common Stock Shares Outstanding is likely to drop about 39 M.
  
It's important to approach ASGN's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ASGN price targets

ASGN's stock target price is an estimate of its future price, usually made by analysts. Using ASGN's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ASGN's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ASGN's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ASGN Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ASGN is a key component of ASGN valuation and have some predictive power on the future returns of a ASGN.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ASGN's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
93.8795.5397.19
Details
Intrinsic
Valuation
LowRealHigh
90.1391.78105.11
Details
Naive
Forecast
LowNextHigh
93.7795.4397.10
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.871.111.19
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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 70 shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Momentum Idea
Momentum
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Power Assets Idea
Power Assets
Invested over 200 shares
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 Macroaxis Advice on ASGN to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the ASGN Inc information on this page should be used as a complementary analysis to other ASGN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for ASGN Stock analysis

When running ASGN's price analysis, check to measure ASGN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASGN is operating at the current time. Most of ASGN's value examination focuses on studying past and present price action to predict the probability of ASGN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASGN's price. Additionally, you may evaluate how the addition of ASGN to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
The data published in ASGN's official financial statements usually reflect ASGN's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ASGN Inc. For example, before you start analyzing numbers published by ASGN accountants, it's critical to develop an understanding of what ASGN's liquidity, profitability, and earnings quality are in the context of the Professional Services space in which it operates.
Please note, the presentation of ASGN's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ASGN's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ASGN's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ASGN Inc. Please utilize our Beneish M Score to check the likelihood of ASGN's management manipulating its earnings.