Market Cap
US$4.1b
Last Updated
2020/12/02 23:58 UTC
Data Sources
Company Financials +
Executive Summary
ASGN Incorporated provides professional staffing and IT solutions in the technology, digital, creative, engineering and life sciences fields across commercial and government sectors in the United States and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has ASGN's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
Market Performance
7 Day Return
-4.1%
ASGN
-0.6%
US Professional Services
0.7%
US Market
1 Year Return
16.8%
ASGN
24.1%
US Professional Services
22.2%
US Market
Return vs Industry: ASGN underperformed the US Professional Services industry which returned 26% over the past year.
Return vs Market: ASGN underperformed the US Market which returned 22.7% over the past year.
Shareholder returns
| ASGN | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.1% | -0.6% | 0.7% |
| 30 Day | 12.9% | 10.0% | 11.8% |
| 90 Day | 9.8% | 8.1% | 8.6% |
| 1 Year | 16.8%16.8% | 25.1%24.1% | 25.0%22.2% |
| 3 Year | 25.2%25.2% | 60.2%55.5% | 49.4%39.5% |
| 5 Year | 70.3%70.3% | 110.6%99.7% | 100.2%78.1% |
Long-Term Price Volatility Vs. Market
How volatile is ASGN's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Have Insiders Been Selling ASGN Incorporated (NYSE:ASGN) Shares This Year?1 month ago | Simply Wall St
ASGN Incorporated Just Beat EPS By 14%: Here's What Analysts Think Will Happen Next1 month ago | Simply Wall St
Is ASGN Incorporated's (NYSE:ASGN) Latest Stock Performance Being Led By Its Strong Fundamentals?Valuation
Is ASGN undervalued compared to its fair value and its price relative to the market?
4.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASGN ($78.2) is trading below our estimate of fair value ($82.12)
Significantly Below Fair Value: ASGN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ASGN is good value based on its PE Ratio (22.4x) compared to the US Professional Services industry average (22.6x).
PE vs Market: ASGN is poor value based on its PE Ratio (22.4x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: ASGN is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: ASGN is good value based on its PB Ratio (2.7x) compared to the US Professional Services industry average (3x).
Next Steps
Future Growth
How is ASGN forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
13.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASGN's forecast earnings growth (13.7% per year) is above the savings rate (2.2%).
Earnings vs Market: ASGN's earnings (13.7% per year) are forecast to grow slower than the US market (21.8% per year).
High Growth Earnings: ASGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASGN's revenue (4.6% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: ASGN's revenue (4.6% 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
Next Steps
Past Performance
How has ASGN performed over the past 5 years?
19.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASGN has high quality earnings.
Growing Profit Margin: ASGN's current net profit margins (4.6%) are lower than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: ASGN's earnings have grown by 19.2% per year over the past 5 years.
Accelerating Growth: ASGN's earnings growth over the past year (1.5%) is below its 5-year average (19.2% per year).
Earnings vs Industry: ASGN earnings growth over the past year (1.5%) exceeded the Professional Services industry -0.06%.
Return on Equity
High ROE: ASGN's Return on Equity (12.1%) is considered low.
Next Steps
Financial Health
How is ASGN's financial position?
Financial Position Analysis
Short Term Liabilities: ASGN's short term assets ($934.7M) exceed its short term liabilities ($389.4M).
Long Term Liabilities: ASGN's short term assets ($934.7M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: ASGN's debt to equity ratio (67.8%) is considered high.
Reducing Debt: ASGN's debt to equity ratio has reduced from 103.3% to 67.8% over the past 5 years.
Debt Coverage: ASGN's debt is well covered by operating cash flow (40.6%).
Interest Coverage: ASGN's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
Next Steps
Dividend
What is ASGN current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASGN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Ted Hanson (52 yo)
1.67yrs
Tenure
US$4,414,277
Compensation
Mr. Theodore S. Hanson, also known as Ted, has been the President of ASGN Incorporated (also known as On Assignment, Inc.) since December 2016 and as its Chief Executive Officer since April 30, 2019. Mr. H...
CEO Compensation Analysis
Compensation vs Market: Ted's total compensation ($USD4.41M) is about average for companies of similar size in the US market ($USD5.21M).
Compensation vs Earnings: Ted's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & DIrector | 1.67yrs | US$4.41m | 0.51% $ 21.2m | |
| Executive VP & CFO | 8.25yrs | US$2.31m | 0.20% $ 8.3m | |
| Senior VP | 5.17yrs | US$1.70m | 0.076% $ 3.1m | |
| President of Apex Systems | 8.58yrs | US$5.35m | 0.18% $ 7.3m | |
| President of ECS Federal LLC | 2.67yrs | US$2.01m | 0.027% $ 1.1m | |
| Chief Information Officer & Senior VP | 17.42yrs | US$415.15k | no data | |
| Senior VP | 8.25yrs | US$1.20m | no data | |
| Chief Marketing Officer | 5.42yrs | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| VP of Finance & Corporate Controller | 6.33yrs | no data | no data | |
| President of Cybercoders | no data | no data | no data |
6.3yrs
Average Tenure
63yo
Average Age
Experienced Management: ASGN's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & DIrector | 1.67yrs | US$4.41m | 0.51% $ 21.2m | |
| Independent Director | 26.75yrs | US$225.95k | 0.021% $ 856.3k | |
| Independent Chairman | 17.83yrs | US$289.94k | 0.087% $ 3.6m | |
| Independent Director | 1.5yrs | US$206.96k | 0.0079% $ 326.0k | |
| Independent Director | 8.25yrs | US$227.45k | 0.0072% $ 295.8k | |
| Independent Director | 6.5yrs | US$219.71k | 0.017% $ 696.6k | |
| Director | 4yrs | US$212.45k | 0.017% $ 691.7k | |
| Advisor to the Board of Directors | 2.5yrs | no data | 0.0065% $ 267.6k | |
| Independent Director | 8.58yrs | US$211.70k | 0.60% $ 24.7m | |
| Independent Director | 8.58yrs | US$212.45k | 1.51% $ 62.5m |
7.4yrs
Average Tenure
55yo
Average Age
Experienced Board: ASGN's board of directors are considered experienced (7.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASGN insiders have only sold shares 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 company bio, 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
- Market Cap: US$4.137b
- Shares outstanding: 52.90m
- Website: https://www.asgn.com
Number of Employees
Location
- ASGN Incorporated
- 4400 Cox Road
- Suite 110
- Glen Allen
- Virginia
- 23060
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASGN | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Sep 1992 |
| OA2 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Sep 1992 |
Biography
ASGN Incorporated provides professional staffing and IT solutions in the technology, digital, creative, engineering and life sciences fields across commercial and government sectors in the United States an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/02 23:58 |
| End of Day Share Price | 2020/12/02 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.