Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $69.94 in the prior trading day, ASGN Inc (NYSE: ASGN) closed at $67.42, down -3.60%. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 0.77 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ASGN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.17. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.58.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
As of this moment, ASGN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.55, and their Forward P/E ratio for the next fiscal year is 11.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.68.
Stock Price History:
Over the past 52 weeks, ASGN has reached a high of $106.42, while it has fallen to a 52-week low of $69.54. The 50-Day Moving Average of the stock is -20.74%, while the 200-Day Moving Average is calculated to be -26.04%.
Shares Statistics:
A total of 44.20M shares are outstanding, with a floating share count of 42.55M. Insiders hold about 3.76% of the company’s shares, while institutions hold 98.53% stake in the company.
