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
Proven track record with adequate balance sheet.
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 less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ASGN's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Professional Services
1 Year Return
US Professional Services
Return vs Industry: ASGN exceeded the US Professional Services industry which returned 41.3% over the past year.
Return vs Market: ASGN exceeded the US Market which returned 51.8% over the past year.
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
1 week ago | Simply Wall StASGN Incorporated's (NYSE:ASGN) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
4 weeks ago | Simply Wall StWe Think ASGN (NYSE:ASGN) Can Stay On Top Of Its Debt
1 month ago | Simply Wall StIf You Had Bought ASGN (NYSE:ASGN) Stock A Year Ago, You Could Pocket A 194% Gain Today
Is ASGN undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASGN ($104.34) is trading below our estimate of fair value ($150.49)
Significantly Below Fair Value: ASGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASGN is good value based on its PE Ratio (26.8x) compared to the US Professional Services industry average (28x).
PE vs Market: ASGN is poor value based on its PE Ratio (26.8x) compared to the US market (20.2x).
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 overvalued based on its PB Ratio (3.4x) compared to the US Professional Services industry average (3.2x).
How is ASGN forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASGN's forecast earnings growth (16.5% per year) is above the savings rate (2%).
Earnings vs Market: ASGN's earnings (16.5% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: ASGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASGN's revenue (7.6% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: ASGN's revenue (7.6% 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
How has ASGN performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASGN has high quality earnings.
Growing Profit Margin: ASGN's current net profit margins (5.1%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: ASGN's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: ASGN's earnings growth over the past year (11.7%) is below its 5-year average (16.6% per year).
Earnings vs Industry: ASGN earnings growth over the past year (11.7%) exceeded the Professional Services industry 11%.
Return on Equity
High ROE: ASGN's Return on Equity (12.5%) is considered low.
How is ASGN's financial position?
Financial Position Analysis
Short Term Liabilities: ASGN's short term assets ($1.1B) exceed its short term liabilities ($428.9M).
Long Term Liabilities: ASGN's short term assets ($1.1B) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: ASGN's debt to equity ratio (57.2%) is considered high.
Reducing Debt: ASGN's debt to equity ratio has reduced from 89.1% to 57.2% over the past 5 years.
Debt Coverage: ASGN's debt is well covered by operating cash flow (45.1%).
Interest Coverage: ASGN's interest payments on its debt are well covered by EBIT (8.4x coverage).
What is ASGN current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASGN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASGN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASGN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASGN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASGN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ted Hanson (52 yo)
Mr. Theodore S. Hanson, also known as Ted, has been the President of ASGN Incorporated (also known as On Assignment, Inc.) since December 2016 and as its Chief Executive Officer since April 30, 2019. Mr. H...
CEO Compensation Analysis
Compensation vs Market: Ted's total compensation ($USD6.61M) is about average for companies of similar size in the US market ($USD6.50M).
Compensation vs Earnings: Ted's compensation has increased by more than 20% in the past year.
Experienced Management: ASGN's management team is seasoned and experienced (7.9 years average tenure).
Experienced Board: ASGN's board of directors are considered experienced (6.9 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ASGN Incorporated's company bio, employee growth, exchange listings and data sources
- Name: ASGN Incorporated
- Ticker: ASGN
- Exchange: NYSE
- Founded: 1985
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: US$5.551b
- Shares outstanding: 53.20m
- Website: https://www.asgn.com
Number of Employees
- ASGN Incorporated
- 4400 Cox Road
- Suite 110
- Glen Allen
- United States
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||2021/05/07 03:29|
|End of Day Share Price||2021/05/06 00:00|
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.