Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, ASGN Inc (NYSE: ASGN) closed at $56.00 up 1.78% from its previous closing price of $55.02. In other words, the price has increased by $1.78 from its previous closing price. On the day, 0.52 million shares were traded. ASGN stock price reached its highest trading level at $56.21 during the session, while it also had its lowest trading level at $54.71.
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 22.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.94. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.74.
On November 22, 2024, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $96 to $100.
On December 06, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $110.Canaccord Genuity initiated its Buy rating on December 06, 2023, with a $110 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 2452800000 and an Enterprise Value of 3697799936. As of this moment, ASGN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.97, and their Forward P/E ratio for the next fiscal year is 10.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 0.92 whereas that against EBITDA is 9.946.
Stock Price History:
The Beta on a monthly basis for ASGN is 1.02, which has changed by -0.44620252 over the last 52 weeks, in comparison to a change of 0.11571348 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 $47.64. The 50-Day Moving Average of the stock is -7.07%, while the 200-Day Moving Average is calculated to be -31.35%.
Shares Statistics:
For the past three months, ASGN has traded an average of 582.08K shares per day and 558970 over the past ten days. A total of 43.90M shares are outstanding, with a floating share count of 42.08M. Insiders hold about 3.94% of the company’s shares, while institutions hold 98.67% stake in the company. Shares short for ASGN as of 1745971200 were 2308647 with a Short Ratio of 3.97, compared to 1743379200 on 2344690. Therefore, it implies a Short% of Shares Outstanding of 2308647 and a Short% of Float of 8.68.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
