ASGN Inc

ASGN Inc Stock Forecast & Price Prediction

Live ASGN Inc Stock (ASGN) Price
$90.13

7

Ratings

  • Buy 4
  • Hold 2
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$90.13

P/E Ratio

22.76

Volume Traded Today

$282,008

Dividend

Dividends not available for ASGN

52 Week High/low

106.42/83.71

ASGN Inc Market Cap

$3.98B

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ASGN Summary

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.

ASGN Analyst Ratings

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.

ASGN stock forecast by analyst

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

ASGN Company Information

What They Do: Provides IT services and solutions across sectors.

Business Model: ASGN Incorporated generates revenue by offering a range of IT services and solutions tailored to both commercial enterprises and federal government agencies. Its business model includes consulting, digital marketing, workforce mobilization, and IT consulting services, as well as mission-critical solutions such as cloud computing and cybersecurity.

Other Information: Founded in 1985 and based in Glen Allen, Virginia, ASGN operates in North America and Europe. The company has a strategic partnership with the National Security Agency Cybersecurity Collaboration Center, enhancing its capabilities in cybersecurity and digital innovation. It was previously known as On Assignment, Inc. before rebranding in April 2018.
ASGN
ASGN Inc (ASGN)

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

ASGN Inc (ASGN) Financial Data

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

$3.50B

Revenue From 2021

$4.01B

14.49 %
From Previous Year

Revenue From 2022

$4.58B

14.26 %
From Previous Year

Revenue From 2023

$4.45B

-2.85 %
From Previous Year
  • Revenue TTM $4.19B
  • Operating Margin TTM 7.7%
  • Gross profit TTM $1.28B
  • Return on assets TTM 5.6%
  • Return on equity TTM 9.9%
  • Profit Margin 4.4%
  • Book Value Per Share 40.15%
  • Market capitalisation $3.98B
  • Revenue for 2021 $4.01B
  • Revenue for 2022 $4.58B
  • Revenue for 2023 $4.45B
  • EPS this year (TTM) $3.96

ASGN Inc (ASGN) Latest News

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

...

ASGN Frequently asked questions

The highest forecasted price for ASGN is $115 from Joseph Vafi at Canaccord Genuity.

The lowest forecasted price for ASGN is $72 from from B of A Securities

The ASGN analyst ratings consensus are 4 buy ratings, 2 hold ratings, and 1 sell ratings.