ASGN Financials

ASGN Stock  USD 90.98  0.09  0.1%   
Based on the analysis of ASGN's profitability, liquidity, and operating efficiency, ASGN Inc is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, ASGN's Retained Earnings are very stable compared to the past year. As of the 28th of November 2024, Accounts Payable is likely to grow to about 35.7 M, while Common Stock Shares Outstanding is likely to drop about 39 M. Key indicators impacting ASGN's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.05170.0493
Sufficiently Up
Slightly volatile
Return On Assets0.06770.0619
Significantly Up
Slightly volatile
Return On Equity0.10.1159
Fairly Down
Slightly volatile
Debt Equity Ratio0.50.5582
Moderately Down
Pretty Stable
Operating Income382.3 M364.1 M
Sufficiently Up
Slightly volatile
Current Ratio4.582.4697
Way Up
Slightly volatile
Investors should never underestimate ASGN's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ASGN's cash flow, debt, and profitability to make informed and accurate decisions about investing in ASGN Inc.

Net Income

230.26 Million

  
Understanding current and past ASGN Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ASGN's financial statements are interrelated, with each one affecting the others. For example, an increase in ASGN's assets may result in an increase in income on the income statement.

ASGN Earnings Geography

ASGN Stock Summary

ASGN competes with ExlService Holdings, WNS Holdings, Gartner, Hackett, and Genpact. ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States. ASGN Incorporated was incorporated in 1985 and is based in Glen Allen, Virginia. On Assignment operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 00 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS00191U1025
CUSIP00191U102 682159108
LocationVirginia; U.S.A
Business Address4400 Cox Road,
SectorProfessional Services
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.asgn.com
Phone888 482 8068
CurrencyUSD - US Dollar

ASGN Key Financial Ratios

ASGN Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.3B3.5B3.6B3.5B3.7B
Other Current Liab55.3M330.3M343M319.7M284.3M298.5M
Net Debt1.0B851.3M567.8M1.1B929.3M975.8M
Retained Earnings744.7M926.3M1.2B1.2B1.2B1.3B
Accounts Payable39.2M38.3M20.1M35.2M34M35.7M
Cash95.2M274.4M529.6M70.3M175.9M184.7M
Net Receivables662.5M602.8M708.2M853.6M741.5M778.6M
Other Current Assets4.4M117.2M71.6M57.2M55.9M58.7M
Total Liab1.6B1.7B1.6B1.7B1.7B1.7B
Total Current Assets791.5M994.4M1.3B981.1M973.3M1.0B
Intangible Assets488.7M476.5M487.9M569.6M497.9M522.8M
Other Assets18.2M110M1.3B25.6M29.4M28.0M
Good Will1.5B1.6B1.6B1.9B1.9B1.8B
Inventory29.4M23.3M41.2M39.9M231.8M243.4M
Other Liab116.3M178.4M603.5M143.6M165.1M173.4M
Long Term Debt1.0B1.0B1.0B1.1B1.0B644.5M
Net Tangible Assets(587.2M)(519.2M)(192M)(560.3M)(504.3M)(529.5M)
Capital Surpluse601.8M638M661.3M690.8M794.4M594.2M
Long Term Debt Total575.2M1.1B1.0B1.0B1.2B941.9M

ASGN Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense52.9M39.7M37.5M45.9M66.4M63.1M
Total Revenue3.9B4.0B4.0B4.6B4.5B4.7B
Gross Profit1.1B1.1B1.1B1.4B1.3B1.3B
Operating Income308.6M310.4M350.9M409.5M364.1M382.3M
Ebit308.6M281.2M350.9M409.5M364.1M382.3M
Ebitda359.7M370.9M440.5M500.9M364.1M382.3M
Cost Of Revenue2.8B2.9B2.9B3.2B3.2B3.3B
Income Before Tax236.8M270.7M313.4M363.6M297.7M312.6M
Net Income174.7M200.3M231.8M268.1M219.3M230.3M
Income Tax Expense62M70.4M81.6M96.7M78.4M82.3M
Tax Provision62M70.4M81.6M96.7M82.4M72.0M
Net Interest Income(52.9M)(39.7M)(37.5M)(45.9M)(64.1M)(67.3M)

ASGN Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash53.4M179.2M255.2M(459.3M)105.6M110.9M
Free Cash Flow280.5M392.2M159M270.3M417M437.9M
Depreciation91.2M89.7M89.6M91.4M100.3M105.3M
Other Non Cash Items34.9M5.9M(210.6M)8.2M10.3M10.8M
Capital Expenditures32.7M32.6M34.7M37.5M39.9M41.9M
Net Income174.7M200.3M409.9M268.1M219.3M230.3M
End Period Cash Flow95.2M274.4M529.6M70.3M175.9M184.7M
Change To Netincome89.8M39.5M(177.6M)89M102.4M107.5M
Change To Inventory42.3M(16.7M)19.2M50.9M45.8M43.5M
Change Receivables(90.7M)(24.3M)(12.9M)(111.1M)(100.0M)(95.0M)
Net Borrowings(91M)(1.2M)(1.4M)31.5M28.4M26.9M
Investments(149.1M)(219M)246.5M(510M)(176.7M)(185.5M)

ASGN Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ASGN's current stock value. Our valuation model uses many indicators to compare ASGN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASGN competition to find correlations between indicators driving ASGN's intrinsic value. More Info.
ASGN Inc is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about  0.56  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ASGN Inc is roughly  1.78 . At this time, ASGN's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ASGN's earnings, one of the primary drivers of an investment's value.

ASGN's Earnings Breakdown by Geography

ASGN Inc Systematic Risk

ASGN's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ASGN volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ASGN Inc correlated with the market. If Beta is less than 0 ASGN generally moves in the opposite direction as compared to the market. If ASGN Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ASGN Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ASGN is generally in the same direction as the market. If Beta > 1 ASGN moves generally in the same direction as, but more than the movement of the benchmark.

ASGN Thematic Clasifications

ASGN Inc is part of ESG Investing investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Companies that promote environmental, social, and governance factors during their day-to-day operations. Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance
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Today, most investors in ASGN Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ASGN's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ASGN growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.4)

At this time, ASGN's Price Earnings To Growth Ratio is very stable compared to the past year.

ASGN November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ASGN help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ASGN Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of ASGN Inc based on widely used predictive technical indicators. In general, we focus on analyzing ASGN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ASGN's daily price indicators and compare them against related drivers.
When determining whether ASGN Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASGN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asgn Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asgn Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASGN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASGN. If investors know ASGN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASGN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
3.96
Revenue Per Share
91.558
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0559
The market value of ASGN Inc is measured differently than its book value, which is the value of ASGN that is recorded on the company's balance sheet. Investors also form their own opinion of ASGN's value that differs from its market value or its book value, called intrinsic value, which is ASGN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASGN's market value can be influenced by many factors that don't directly affect ASGN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASGN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASGN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASGN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.