The ASGN Inc (ASGN) share price is expected to increase by 9.1% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered ASGN. Price targets range from $72 at the low end to $115 at the high end. The current analyst consensus for ASGN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assigned ASGN 4 buy ratings, 2 hold ratings, and 1 sell ratings. This means that analysts expect ASGN Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ASGN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ASGN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jeffrey Silber BMO Capital | Outperform | $100 | Upgrade | Nov 22, 2024 |
Jeffrey Silber BMO Capital | Market Perform | $96 | Maintains | Oct 25, 2024 |
Joseph Vafi Canaccord Genuity | Buy | $115 | Maintains | Oct 24, 2024 |
Surinder Thind Jefferies | Hold | $88 | Maintains | Sep 9, 2024 |
Joseph Vafi Canaccord Genuity | Buy | $115 | Maintains | Jul 25, 2024 |
Jeffrey Silber BMO Capital | Market Perform | $94 | Maintains | Apr 26, 2024 |
Mark Marcon Baird | Neutral | $104 | Maintains | Apr 25, 2024 |
Tobey Sommer Truist Securities | Buy | $110 | Maintains | Jan 2, 2024 |
Joseph Vafi Canaccord Genuity | Buy | Initiates | Dec 6, 2023 | |
Kevin Mcveigh UBS | Sell | $72 | Initiates | Nov 7, 2023 |
Jeffrey Silber BMO Capital | Market Perform | $85 | Maintains | Oct 26, 2023 |
Joshua Chan UBS | Buy | $98 | Maintains | Oct 12, 2023 |
Edward Caso Wells Fargo | Overweight | $102 | Initiates | Sep 18, 2023 |
Kevin Mcveigh Credit Suisse | Underperform | $60 | Reiterates | Jul 27, 2023 |
Joshua Chan UBS | Buy | $88 | Maintains | Jul 5, 2023 |
Tobey Sommer Truist Securities | Buy | $93 | Maintains | Jun 2, 2023 |
Joshua Chan UBS | Buy | $80 | Initiates | Jun 1, 2023 |
Mark Marcon Baird | Neutral | $87 | Maintains | Apr 28, 2023 |
Jeffrey Silber BMO Capital | Market Perform | $81 | Maintains | Apr 28, 2023 |
Tobey Sommer Truist Securities | Buy | $102 | Maintains | Apr 27, 2023 |
When did it IPO
1992
Staff Count
3,700
Country
United States
Sector/Industry
Technology/Information Technology Services
CEO
Mr. Theodore S. Hanson CPA
Market Cap
$3.98B
In 2023, ASGN generated $4.45B in revenue, which was a decrease of -2.85% from the previous year. This can be seen as a signal that ASGN's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Apex Systems, part of ASGN (NYSE: ASGN), has been recertified as a Great Place to Workยฎ in the UK for the fourth consecutive year, reflecting strong workplace culture.
Why It Matters - Apex Systems' recertification as a Great Place to Work enhances its reputation, potentially attracting top talent and improving employee retention, which can drive productivity and profitability for ASGN.
Summary - ASGN Incorporated (NYSE: ASGN) will present at the BofA Securities Leveraged Finance Conference on December 3, with CEO Ted Hanson speaking at 10:50 a.m. ET.
Why It Matters - ASGN's participation in a major finance conference showcases its strategic initiatives and leadership engagement, potentially influencing investor sentiment and company visibility.
Summary - ECS-CMS Incident Response team in Fairfax, VA, was recognized by CMS for enhancing response times and improving operational efficiency.
Why It Matters - Recognition of ECS-CMS for enhanced incident response can signal improved operational resilience and risk management, potentially leading to increased investor confidence and stability in performance.
Summary - ECS will utilize NSA threat intelligence to enhance security for clients in the U.S. defense industrial base, aiming to improve overall security measures.
Why It Matters - ECS's partnership with NSA enhances cybersecurity for defense clients, potentially increasing demand for its services and boosting revenue in a critical sector.
Summary - ASGN Incorporated will hold its Q3 2024 Earnings Conference Call on October 23, 2024, at 4:30 PM ET, featuring key executives and analysts from major firms.
Why It Matters - The earnings call provides insights into ASGN's financial performance and future outlook, influencing stock valuation and investor sentiment. Key analysts' questions may signal market expectations.
Summary - ASGN Incorporated (NYSE: ASGN) reported Q3 2024 revenues of $1.031 billion, net income of $47.5 million, and adjusted EBITDA of $116.9 million. Free cash flow was $127.9 million.
Why It Matters - ASGN's strong revenue and net income growth, along with solid cash flow metrics and share repurchases, indicate financial health, boosting confidence in its operational efficiency and shareholder value.