Asgn Inc Stock Performance
| ASGN Stock | USD 95.55 0.82 0.87% |
ASGN has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.0, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ASGN will likely underperform. ASGN Inc now shows a risk of 1.66%. Please confirm ASGN Inc value at risk, and the relationship between the jensen alpha and skewness , to decide if ASGN Inc will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in ASGN Inc are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, ASGN is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (0.09) | Five Day Return (1.07) | Year To Date Return (0.98) | Ten Year Return 161.54 | All Time Return 4.9 K |
Last Split Factor 2:1 | Last Split Date 2000-04-04 |
1 | ASGN Inc Q4 Earnings and Revenues Top Estimates | 02/07/2024 |
2 | Acquisition by Edwin Sheridan of 1209 shares of ASGN subject to Rule 16b-3 | 03/01/2024 |
3 | ASGN Hits New 52-Week High at 102.34 - MarketBeat | 03/04/2024 |
4 | Disposition of 13442 shares by Edwin Sheridan of ASGN at 103.78 subject to Rule 16b-3 | 03/08/2024 |
5 | ECS Named Prime on 500M ARPA-H IDIQ | 03/11/2024 |
6 | Investors Met With Slowing Returns on Capital At ASGN | 03/14/2024 |
7 | Disposition of 192 shares by Jonathan Holman of ASGN at 92.65 subject to Rule 16b-3 | 03/15/2024 |
8 | ASGN Hits New 1-Year High at 104.62 - MarketBeat | 03/20/2024 |
9 | ECS Subsidiary Awarded 120M Cybersecurity Contract With Centers for Medicare Medicaid Services | 03/26/2024 |
10 | Is There An Opportunity With ASGN Incorporateds 42 percent Undervaluation | 03/27/2024 |
11 | ECS Cyber Ops Leader Adam Tischler Awarded Elastics 2023 Certified Professional of the Year | 03/28/2024 |
12 | ASGN vs. DT Which Stock Should Value Investors Buy Now - Yahoo Movies Canada | 04/02/2024 |
13 | ASGNs earnings growth rate lags the 7.8 percent CAGR delivered to shareholders | 04/09/2024 |
14 | Disposition of tradable shares by Rose Cunningham of ASGN subject to Rule 16b-3 | 04/11/2024 |
15 | Earnings Preview ASGN Inc Q3 Earnings Expected to Decline - Yahoo Movies Canada | 04/12/2024 |
16 | Analysts Estimate ASGN Inc to Report a Decline in Earnings What to Look Out for | 04/17/2024 |
| Begin Period Cash Flow | 70.3 M |
ASGN |
ASGN Relative Risk vs. Return Landscape
If you would invest 9,336 in ASGN Inc on January 19, 2024 and sell it today you would earn a total of 219.00 from holding ASGN Inc or generate 2.35% return on investment over 90 days. ASGN Inc is currently generating 0.0505% in daily expected returns and assumes 1.6634% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than ASGN, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ASGN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASGN's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ASGN Inc, and traders can use it to determine the average amount a ASGN's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0304
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ASGN |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average ASGN is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ASGN by adding it to a well-diversified portfolio.
ASGN Fundamentals Growth
ASGN Stock prices reflect investors' perceptions of the future prospects and financial health of ASGN, and ASGN fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ASGN Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0638 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 5.34 B | |||
| Shares Outstanding | 46.5 M | |||
| Price To Earning | 16.71 X | |||
| Price To Book | 2.35 X | |||
| Price To Sales | 1.00 X | |||
| Revenue | 4.45 B | |||
| Gross Profit | 1.37 B | |||
| EBITDA | 364.1 M | |||
| Net Income | 219.3 M | |||
| Cash And Equivalents | 211.2 M | |||
| Cash Per Share | 4.23 X | |||
| Total Debt | 1.11 B | |||
| Debt To Equity | 0.60 % | |||
| Current Ratio | 2.28 X | |||
| Book Value Per Share | 40.52 X | |||
| Cash Flow From Operations | 456.9 M | |||
| Earnings Per Share | 4.50 X | |||
| Market Capitalization | 4.41 B | |||
| Total Asset | 3.54 B | |||
| Retained Earnings | 1.2 B | |||
| Working Capital | 579.2 M | |||
| Current Asset | 414.21 M | |||
| Current Liabilities | 160.35 M | |||
About ASGN Performance
To evaluate ASGN Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ASGN generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ASGN Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ASGN Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ASGN's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 25.88 | 27.18 | |
| 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 |
Things to note about ASGN Inc performance evaluation
Checking the ongoing alerts about ASGN for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ASGN Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 zacks.com: Analysts Estimate ASGN Inc to Report a Decline in Earnings What to Look Out for |
- Analyzing ASGN's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ASGN's stock is overvalued or undervalued compared to its peers.
- Examining ASGN's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ASGN's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ASGN's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ASGN's stock. These opinions can provide insight into ASGN's potential for growth and whether the stock is currently undervalued or overvalued.
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 tightly coupled with the direction of predictive economic indicators such as signals in price. 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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
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Is ASGN's industry 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 (0.05) | Earnings Share 4.5 | Revenue Per Share 92.145 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0638 |
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.