ASGN Stock Overview
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.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$121.76|
|52 Week High||US$131.00|
|52 Week Low||US$77.45|
|1 Month Change||6.06%|
|3 Month Change||7.44%|
|1 Year Change||51.41%|
|3 Year Change||75.83%|
|5 Year Change||199.31%|
|Change since IPO||6,287.41%|
Recent News & Updates
I Ran A Stock Scan For Earnings Growth And ASGN (NYSE:ASGN) Passed With Ease
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
ASGN: Investor Day Outlines The Path Toward Medium-Term Transformation
ASGN’s recent investor day event highlighted some promising medium-term growth numbers across the business. At the center of the growth strategy is the expansion of its consulting services business, which is set to underpin c. $6 billion of revenue generation. While shares have outperformed in recent months, the ongoing business transition should prove margin accretive, supporting further multiple expansion ahead.
ASGN (NYSE:ASGN) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is There An Opportunity With ASGN Incorporated's (NYSE:ASGN) 21% Undervaluation?
How far off is ASGN Incorporated ( NYSE:ASGN ) from its intrinsic value? Using the most recent financial data, we'll...
|ASGN||US Professional Services||US Market|
Return vs Industry: ASGN exceeded the US Professional Services industry which returned 17% over the past year.
Return vs Market: ASGN exceeded the US Market which returned 21.3% over the past year.
|ASGN Average Weekly Movement||2.9%|
|Professional Services Industry Average Movement||5.8%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: ASGN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ASGN's weekly volatility (3%) has been stable over the past year.
About the Company
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. The company operates through three segments: Apex, Oxford, and ECS. The Apex segment offers technology, digital, creative, scientific, engineering staffing, and consulting services to Fortune 1000 and mid-market commercial clients.
ASGN Fundamentals Summary
|ASGN fundamental statistics|
Is ASGN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ASGN income statement (TTM)|
|Cost of Revenue||US$3.09b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.56|
|Net Profit Margin||5.52%|
How did ASGN perform over the long term?See historical performance and comparison
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 ($121.76) is trading below our estimate of fair value ($143.82)
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 poor value based on its PE Ratio (26.7x) compared to the US Professional Services industry average (23.9x).
PE vs Market: ASGN is poor value based on its PE Ratio (26.7x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: ASGN is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: ASGN is overvalued based on its PB Ratio (3.5x) compared to the US Professional Services industry average (3.1x).
How is ASGN forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASGN's forecast earnings growth (7.2% per year) is above the savings rate (2%).
Earnings vs Market: ASGN's earnings (7.2% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: ASGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASGN's revenue (6.6% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: ASGN's revenue (6.6% 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 (5.5%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: ASGN's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: ASGN's earnings growth over the past year (40.8%) exceeds its 5-year average (14.4% per year).
Earnings vs Industry: ASGN earnings growth over the past year (40.8%) exceeded the Professional Services industry 30.2%.
Return on Equity
High ROE: ASGN's Return on Equity (12.9%) is considered low.
How is ASGN's financial position?
Financial Position Analysis
Short Term Liabilities: ASGN's short term assets ($1.4B) exceed its short term liabilities ($591.0M).
Long Term Liabilities: ASGN's short term assets ($1.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: ASGN's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: ASGN's debt to equity ratio has reduced from 76.4% to 56.3% over the past 5 years.
Debt Coverage: ASGN's debt is well covered by operating cash flow (35.1%).
Interest Coverage: ASGN's interest payments on its debt are well covered by EBIT (9.6x coverage).
What is ASGN current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASGN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASGN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASGN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASGN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASGN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ted Hanson (53 yo)
Mr. Theodore S. Hanson, also known as Ted, has been the President of ASGN Incorporated (also known as On Assignment, Inc.) since December 2016 and as its Chief Executive Officer since April 30, 2019. Mr. H...
CEO Compensation Analysis
Compensation vs Market: Ted's total compensation ($USD6.61M) is about average for companies of similar size in the US market ($USD6.24M).
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 (8.4 years average tenure).
Experienced Board: ASGN's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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 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$6.344b
- Shares outstanding: 52.10m
- Website: https://www.asgn.com
Number of Employees
- ASGN Incorporated
- 4400 Cox Road
- Suite 110
- Glen Allen
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:02|
|End of Day Share Price||2021/11/26 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.