Asgn Inc Stock Today

ASGN Stock  USD 101.83  2.24  2.15%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
ASGN is selling at 101.83 as of the 25th of July 2024; that is 2.15 percent decrease since the beginning of the trading day. The stock's open price was 104.07. ASGN has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for ASGN Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of June 2024 and ending today, the 25th of July 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
22nd of September 1992
Category
Technology
Classification
Industrials
ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States. ASGN Incorporated was incorporated in 1985 and is based in Glen Allen, Virginia. The company has 45.9 M outstanding shares of which 1.76 M shares are presently shorted by private and institutional investors with about 4.4 trading days to cover. More on ASGN Inc

Moving together with ASGN Stock

  0.69FC Franklin Covey Fiscal Year End 6th of November 2024 PairCorr
  0.79MG Mistras GroupPairCorr

Moving against ASGN Stock

  0.5ESGL ESGL Holdings LimitedPairCorr
  0.36VRSK Verisk AnalyticsPairCorr
  0.36WHLM WilhelminaPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

ASGN Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanArshad Matin
Thematic IdeaESG Investing (View all Themes)
Business ConcentrationHuman Resource & Employment Services, Commercial & Professional Services, Industrials, NYSE Composite, SP Midcap 400, ESG Investing, Industrials, Professional Services, Information Technology Services, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06770.0619
Significantly Up
Slightly volatile
Asset Turnover2.081.2556
Way Up
Slightly volatile
Gross Profit Margin0.340.2655
Significantly Up
Slightly volatile
Total Current Liabilities413.8 M394.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.3 B1.3 B
Sufficiently Up
Slightly volatile
Total Assets3.7 B3.5 B
Sufficiently Up
Slightly volatile
Total Current AssetsB973.3 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities479.7 M456.9 M
Sufficiently Up
Slightly volatile
Debt Levels
ASGN can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ASGN's financial leverage. It provides some insight into what part of ASGN's total assets is financed by creditors.
Liquidity
ASGN Inc currently holds 1.11 B in liabilities with Debt to Equity (D/E) ratio of 0.6, which is about average as compared to similar companies. ASGN Inc has a current ratio of 2.23, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about ASGN's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

10.81 Million
ASGN Inc (ASGN) is traded on New York Stock Exchange in USA. It is located in 4400 Cox Road, Glen Allen, VA, United States, 23060 and employs 3,700 people. ASGN is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.67 B. ASGN Inc conducts business under Professional Services sector and is part of Industrials industry. The entity has 45.9 M outstanding shares of which 1.76 M shares are presently shorted by private and institutional investors with about 4.4 trading days to cover. ASGN Inc currently holds about 211.2 M in cash with 456.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.23.
Check ASGN Probability Of Bankruptcy
Ownership Allocation
ASGN holds a total of 45.9 Million outstanding shares. The majority of ASGN Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in ASGN Inc to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in ASGN. Please pay attention to any change in the institutional holdings of ASGN Inc as this could imply that something significant has changed or is about to change at the company. Also note that nearly four hundred fifty-nine thousand invesors are currently shorting ASGN expressing very little confidence in its future performance.
Check ASGN Ownership Details

ASGN Stock Institutional Holders

InstituionRecorded OnShares
Pathstone Holdings Llc2024-03-31
911.6 K
Victory Capital Management Inc.2024-03-31
891.9 K
Thrivent Financial For Lutherans2024-03-31
801.6 K
Fidelity International Ltd2024-03-31
690.4 K
Goldman Sachs Group Inc2024-03-31
681.8 K
Schroder Investment Management Group2024-03-31
662.6 K
Jennison Associates Llc2024-03-31
645.2 K
Aristotle Capital Boston, Llc2024-03-31
575.1 K
Charles Schwab Investment Management Inc2024-03-31
555.7 K
Blackrock Inc2024-03-31
5.6 M
Vanguard Group Inc2024-03-31
4.7 M
View ASGN Diagnostics

ASGN Historical Income Statement

At this time, ASGN's EBIT is very stable compared to the past year. As of the 25th of July 2024, EBITDA is likely to grow to about 382.3 M, while Interest Expense is likely to drop about 63.1 M. View More Fundamentals

ASGN Stock Against Markets

ASGN Corporate Directors

Jonathan HolmanIndependent DirectorProfile
Mark FrantzIndependent DirectorProfile
Mariel JolietIndependent DirectorProfile
Marty KittrellIndependent DirectorProfile

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.

Additional Information and Resources on Investing in ASGN Stock

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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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
(0.18)
Earnings Share
4.32
Revenue Per Share
91.824
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0625
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.