ASGN

ASGN Inc

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Advanced Chart

56.630

+0.630(+1.130%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

57.020

Open

55.830

VWAP

56.50

Vol

379.93K

Mkt Cap

2.48B

Low

55.270

Amount

21.47M

EV/EBITDA(TTM)

9.42

Total Shares

45.90M

3.63B

EV/OCF(TTM)

10.56

P/S(TTM)

0.63

ASGN Incorporated is a provider of information technology (IT) services and solutions to the commercial and government sectors. The Company operates through two segments: Commercial and Federal Government. The Commercial segment provides IT services and solutions, digital and creative services to Fortune 1000 and large enterprise clients across the United States, Canada and Europe. The Federal Government segment delivers advanced solutions in cloud and enterprise IT, cybersecurity, artificial intelligence, machine learning and digital transformation to meet the mission critical needs of defense, intelligence and federal civilian agencies. This segment provides services under time-and-materials, cost reimbursable, and firm-fixed-price contracts. The Company helps corporate enterprises and government organizations develop, implement and operate critical IT and business solutions through its integrated offering of IT consulting and professional staffing.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

994.64M

-3.87%

1.084

-20.31%

1.00B

-2.58%

1.237

-13.48%

986.05M

+0.11%

1.204

-5.96%

Estimates Revision

The market is revising Downward the revenue expectations for ASGN Incorporated (ASGN) for FY2025, with the revenue forecasts being adjusted by -2.97% over the past three months. During the same period, the stock price has changed by -22.64%.

Revenue Estimates for FY2025

Revise Downward

-2.97%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-11.7%

In Past 3 Month

Stock Price

Go Down

-22.64%

In Past 3 Month

5 Analyst Rating

4.19% Upside

Wall Street analysts forecast ASGN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASGN is 59.00 USD with a low forecast of 54.00 USD and a high forecast of 68.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

1 Hold

1 Sell

Moderate Buy

4.19% Upside

Current: 56.630

Low

54.00

Averages

59.00

High

68.00

4.19% Upside

Current: 56.630

Low

54.00

Averages

59.00

High

68.00

Canaccord Genuity

Joseph Vafi

Strong Buy

Hold

Downgrades

$115 → $55

2025-04-25

Reason

Canaccord Genuity

Joseph Vafi

Price Target

$115 → $55

2025-04-25

Downgrades

Strong Buy

Hold

Reason

Canaccord downgraded ASGN to Hold from Buy with a price target of $55, down from $115. The company's Assignment revenue has yet to trough despite what has now been a couple of years since macro headwinds began to appear, the analyst tells investors in a research note. The firm says that with the macro environment showing some steadiness, continued declines in Assignment revenue "could be signaling some changing dynamics in the business." It believes the Department of Government Efficiency is also a risk for ASGN.

UBS

Kevin Mcveigh

Strong Sell

Maintains

$56 → $54

2025-04-24

Reason

UBS

Kevin Mcveigh

Price Target

$56 → $54

2025-04-24

Maintains

Strong Sell

Reason

Truist Securities

Tobey Sommer

Strong Buy

Maintains

$105 → $75

2025-04-15

Reason

Truist Securities

Tobey Sommer

Price Target

$105 → $75

2025-04-15

Maintains

Strong Buy

Reason

Truist lowered the firm's price target on ASGN to $75 from $105 and keeps a Buy rating on the shares as part of a broader research note on Human Capital names. The firm is adjusting its estimates to reflect macroeconomic uncertainty and a more dour private company feedback in its recent Safari Snapshots poll, the analyst tells investors in a research note. In the prior earnings cycle, companies had expressed optimism about the Trump administration's deregulation policies, while hopes for a TCJA - Tax Cuts and Jobs Act - extension yielded optimism for an inflection in the staffing cycle, but tariffs seem to have reversed early enthusiasm, Truist adds.

BMO Capital

Jeffrey Silber

Hold

Buy

Upgrades

$96 → $100

2024-11-22

Reason

BMO Capital

Jeffrey Silber

Price Target

$96 → $100

2024-11-22

Upgrades

Hold

Buy

Reason

BMO Capital upgraded ASGN to Outperform from Market Perform with a price target of $100, up from $96. The stock has been under pressure on fears that the proposed government efficiency commission will hurt its Federal Government business, the analyst tells investors in a research note. Though too early to tell, management noted ASGN's focus on digital transformation and machine learnings helps clients enhance their own efficiencies and that its key Federal customers are likely at less risk of closure or funding cuts, says BMO. As such, it believes the selloff provides a good entry point.

BMO Capital

Jeffrey Silber

Hold

Maintains

$94 → $96

2024-10-25

Reason

BMO Capital

Jeffrey Silber

Price Target

$94 → $96

2024-10-25

Maintains

Hold

Reason

BMO Capital raised the firm's price target on ASGN to $96 from $94 and keeps a Market Perform rating on the shares. The company's Q3 topped consensus and BMO expectations due to margin strength, with Consulting business notching solid 4% y/y growth as the comps eased materially, though Assignment weakness continued with no notable changes in IT spend, the analyst tells investors in a research note. BMO adds however that ASGN may see possible multiple expansion as investors begin to appreciate its migration toward more of a consulting model.

Canaccord Genuity

Joseph Vafi

Strong Buy

Maintains

$115

2024-10-24

Reason

Canaccord Genuity

Joseph Vafi

Price Target

$115

2024-10-24

Maintains

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for ASGN Inc (ASGN.N) is 12.25, compared to its 5-year average forward P/E of 16.37. For a more detailed relative valuation and DCF analysis to assess ASGN Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

16.37

Current PE

12.25

Overvalued PE

18.93

Undervalued PE

13.80

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Undervalued

5Y Average EV/EBITDA

11.01

Current EV/EBITDA

8.73

Overvalued EV/EBITDA

12.52

Undervalued EV/EBITDA

9.50

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Undervalued

5Y Average PS

1.06

Current PS

0.61

Overvalued PS

1.27

Undervalued PS

0.84