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ASGN

ASGN NYSE:ASGN Stock Report

Last Price

US$94.00

Market Cap

US$5.1b

7D

-6.4%

1Y

-7.9%

Updated

25 May, 2022

Data

Company Financials +
ASGN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends0/6

ASGN Stock Overview

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 Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ASGN
Historical stock prices
Current Share PriceUS$94.00
52 Week HighUS$131.89
52 Week LowUS$91.61
Beta1.9
1 Month Change-19.05%
3 Month Change-12.44%
1 Year Change-7.88%
3 Year Change78.47%
5 Year Change79.39%
Change since IPO4,831.15%

Recent News & Updates

Apr 14
Does ASGN (NYSE:ASGN) Have A Healthy Balance Sheet?

Does ASGN (NYSE:ASGN) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Mar 15
ASGN Incorporated (NYSE:ASGN) Shares Could Be 50% Below Their Intrinsic Value Estimate

ASGN Incorporated (NYSE:ASGN) Shares Could Be 50% Below Their Intrinsic Value Estimate

How far off is ASGN Incorporated ( NYSE:ASGN ) from its intrinsic value? Using the most recent financial data, we'll...

Shareholder Returns

ASGNUS Professional ServicesUS Market
7D-6.4%-2.2%-4.0%
1Y-7.9%-17.2%-13.2%

Return vs Industry: ASGN exceeded the US Professional Services industry which returned -17.2% over the past year.

Return vs Market: ASGN exceeded the US Market which returned -13.2% over the past year.

Price Volatility

Is ASGN's price volatile compared to industry and market?
ASGN volatility
ASGN Average Weekly Movement5.6%
Professional Services Industry Average Movement6.8%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: ASGN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ASGN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19853,900Ted Hansonhttps://www.asgn.com

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. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to Fortune 1000 and mid-market clients.

ASGN Fundamentals Summary

How do ASGN's earnings and revenue compare to its market cap?
ASGN fundamental statistics
Market CapUS$5.13b
Earnings (TTM)US$256.60m
Revenue (TTM)US$4.19b

18.7x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASGN income statement (TTM)
RevenueUS$4.19b
Cost of RevenueUS$2.97b
Gross ProfitUS$1.23b
Other ExpensesUS$968.70m
EarningsUS$256.60m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.02
Gross Margin29.22%
Net Profit Margin6.12%
Debt/Equity Ratio55.3%

How did ASGN perform over the long term?

See historical performance and comparison

Valuation

Is ASGN undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ASGN ($94) is trading below our estimate of fair value ($198.9)

Significantly Below Fair Value: ASGN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ASGN is poor value based on its Price-To-Earnings Ratio (18.7x) compared to the US Professional Services industry average (16.8x).

PE vs Market: ASGN is poor value based on its Price-To-Earnings Ratio (18.7x) compared to the US market (14.9x).


Price to Earnings Growth Ratio

PEG Ratio: ASGN is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: ASGN's Price-To-Book Ratio (2.6x) is in line with the US Professional Services industry average.


Future Growth

How is ASGN forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASGN's forecast earnings growth (12.6% per year) is above the savings rate (1.9%).

Earnings vs Market: ASGN's earnings (12.6% per year) are forecast to grow faster than the US market (12.1% per year).

High Growth Earnings: ASGN's earnings are forecast to grow, but not significantly.

Revenue vs Market: ASGN's revenue (7.7% per year) is forecast to grow faster than the US market (7.7% per year).

High Growth Revenue: ASGN's revenue (7.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ASGN's Return on Equity is forecast to be high in 3 years time


Past Performance

How has ASGN performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ASGN has high quality earnings.

Growing Profit Margin: ASGN's current net profit margins (6.1%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: ASGN's earnings have grown by 12.7% per year over the past 5 years.

Accelerating Growth: ASGN's earnings growth over the past year (41.5%) exceeds its 5-year average (12.7% per year).

Earnings vs Industry: ASGN earnings growth over the past year (41.5%) exceeded the Professional Services industry 32.6%.


Return on Equity

High ROE: ASGN's Return on Equity (13.7%) is considered low.


Financial Health

How is ASGN's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ASGN's short term assets ($1.3B) exceed its short term liabilities ($439.1M).

Long Term Liabilities: ASGN's short term assets ($1.3B) exceed its long term liabilities ($1.2B).


Debt to Equity History and Analysis

Debt Level: ASGN's net debt to equity ratio (28.5%) is considered satisfactory.

Reducing Debt: ASGN's debt to equity ratio has reduced from 69.5% to 55.3% over the past 5 years.

Debt Coverage: ASGN's debt is not well covered by operating cash flow (12.6%).

Interest Coverage: ASGN's interest payments on its debt are well covered by EBIT (10.2x coverage).


Balance Sheet


Dividend

What is ASGN current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ASGN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ASGN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ASGN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ASGN's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ASGN has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average management tenure


CEO

Ted Hanson (53 yo)

3.08yrs

Tenure

US$9,546,278

Compensation

Mr. Theodore S. Hanson, also known as Ted, has been Chief Executive Officer since April 30, 2019 at ASGN Incorporated (also known as On Assignment, Inc.) and served as its President since December 2016. Mr...


CEO Compensation Analysis

Compensation vs Market: Ted's total compensation ($USD9.55M) is about average for companies of similar size in the US market ($USD8.23M).

Compensation vs Earnings: Ted's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ASGN's management team is seasoned and experienced (7.8 years average tenure).


Board Members

Experienced Board: ASGN's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ASGN Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: ASGN Incorporated
  • Ticker: ASGN
  • Exchange: NYSE
  • Founded: 1985
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Implied Market Cap: US$5.135b
  • Shares outstanding: 51.10m
  • Website: https://www.asgn.com

Number of Employees


Location

  • ASGN Incorporated
  • 4400 Cox Road
  • Suite 110
  • Glen Allen
  • Virginia
  • 23060
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.