In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, ASGN Inc (NYSE: ASGN) closed at $51.76 down -11.60% from its previous closing price of $58.55. In other words, the price has decreased by -$11.60 from its previous closing price. On the day, 1.48 million shares were traded. ASGN stock price reached its highest trading level at $55.83 during the session, while it also had its lowest trading level at $47.64.
Ratios:
For a deeper understanding of ASGN Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.23. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.72.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on November 22, 2024, Upgraded its rating to Outperform and sets its target price to $100 from $96 previously.
On December 06, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $110.
On November 07, 2023, UBS started tracking the stock assigning a Sell rating and target price of $72.UBS initiated its Sell rating on November 07, 2023, with a $72 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 12 ’24 when Hanson Theodore S. sold 1,200 shares for $99.64 per share. The transaction valued at 119,568 led to the insider holds 288,855 shares of the business.
Hanson Theodore S. sold 900 shares of ASGN for $87,405 on Nov 13 ’24. The CEO now owns 287,955 shares after completing the transaction at $97.12 per share. On Nov 12 ’24, another insider, Hanson Theodore S., who serves as the Officer of the company, bought 53,000 shares for $100.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASGN now has a Market Capitalization of 2280457472 and an Enterprise Value of 3437511936. As of this moment, ASGN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.74, and their Forward P/E ratio for the next fiscal year is 10.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 0.855 whereas that against EBITDA is 9.237.
Stock Price History:
The Beta on a monthly basis for ASGN is 1.06, which has changed by -0.46918267 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, ASGN has reached a high of $105.67, while it has fallen to a 52-week low of $55.95. The 50-Day Moving Average of the stock is -20.68%, while the 200-Day Moving Average is calculated to be -39.00%.
Shares Statistics:
For the past three months, ASGN has traded an average of 540.68K shares per day and 520370 over the past ten days. A total of 43.92M shares are outstanding, with a floating share count of 42.19M. Insiders hold about 3.94% of the company’s shares, while institutions hold 98.95% stake in the company. Shares short for ASGN as of 1743379200 were 2344690 with a Short Ratio of 4.34, compared to 1740700800 on 2376834. Therefore, it implies a Short% of Shares Outstanding of 2344690 and a Short% of Float of 7.3.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
As of right now, 6.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $1.23, with high estimates of $1.42 and low estimates of $1.13.
Analysts are recommending an EPS of between $4.75 and $4.26 for the fiscal current year, implying an average EPS of $4.43. EPS for the following year is $5.15, with 6.0 analysts recommending between $5.5 and $4.96.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $994.91M this quarter.It ranges from a high estimate of $1B to a low estimate of $987.72M. As of the current estimate, ASGN Inc’s year-ago sales were $1.03BFor the next quarter, 5 analysts are estimating revenue of $1B. There is a high estimate of $1.03B for the next quarter, whereas the lowest estimate is $984.9M.
A total of 5 analysts have provided revenue estimates for ASGN’s current fiscal year. The highest revenue estimate was $3.99B, while the lowest revenue estimate was $3.89B, resulting in an average revenue estimate of $3.94B. In the same quarter a year ago, actual revenue was $4.1BBased on 5 analysts’ estimates, the company’s revenue will be $4.11B in the next fiscal year. The high estimate is $4.29B and the low estimate is $3.95B.
