Stock Price & Analysis

Based on the analysis of ASGN's recent performance and market indicators, it is recommended to sell ASGN stock due to its bearish technical indicators and negative earnings revisions. The stock's price trend and analyst sentiment suggest a weaker outlook.

ASGN stock is predicted to reach $85 in 2025, driven by the acquisition of TopBloc, which is expected to contribute $150 million in revenue, despite near-term earnings declines and a current bearish technical outlook. The stock faces short-term weakness due to downward earnings revisions but could recover as the acquisition integrates.

The S1 support level for ASGN Stock is $63.9 ,The R1 resistant level for ASGN Stock is $71.6.

As of the end of day on 2025-03-24, the price of ASGN Stock was $63.73.

The target price for ASGN Stock according to analyst rating is 94.20, with the highest price target at 115.00 and the lowest at 63.00. Analysts have a Moderate Buy rating on ASGN Stock overall.

The market cap of ASGN is $2.8B.

ASGN may be overvalued based on its current valuation metrics and financial performance. Its PE ratio of 21.74 (Q4 2024) and EV/EBITDA of 11.26 suggest a premium relative to industry peers. The stock's PS ratio of 0.93 and PB ratio of 2.05 also indicate higher valuation compared to its fundamentals. Additionally, declining revenue and net income in Q4 2024 raise concerns about growth momentum. While the company maintains stable margins, the combination of high valuations and weakening financials suggests caution.

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.

Price Prediction for ASGN Stock by 2030

Based on current trends and analysis, ASGN stock is predicted to reach $85 by 2030. This forecast is supported by the company's strategic acquisitions, such as the recent purchase of TopBloc, which strengthens its position in the growing Workday consultancy market. Additionally, ASGN's focus on digital transformation and cloud solutions aligns with long-term industry growth trends. However, the prediction is subject to market conditions and execution of the company's strategy.

ASGN has a total of 3700 employees.