ASGN Inc [ASGN] stock is trading at $86.92, up 0.67%. An important factor to consider is whether the stock is rising or falling in short-term value. The ASGN shares have gain 4.30% over the last week, with a monthly amount drifted -2.04%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ASGN Inc [NYSE: ASGN] stock has seen the most recent analyst activity on November 22, 2024, when BMO Capital Markets upgraded its rating to a Outperform and also boosted its price target to $100 from $96. Previously, Canaccord Genuity started tracking the stock with Buy rating on December 06, 2023, and set its price target to $110. On November 07, 2023, UBS initiated with a Sell rating and assigned a price target of $72 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $102 on September 18, 2023. UBS initiated its recommendation with a Buy and recommended $80 as its price target on June 01, 2023. BofA Securities downgraded its rating to Underperform for this stock on April 27, 2023, and downed its price target to $66. In a note dated May 26, 2022, BMO Capital Markets downgraded an Market Perform rating on this stock.
ASGN Inc [ASGN] stock has fluctuated between $82.04 and $106.42 over the past year. Currently, Wall Street analysts expect the stock to reach $88 within the next 12 months. ASGN Inc [NYSE: ASGN] shares were valued at $86.92 at the most recent close of the market. An investor can expect a potential return of 1.24% based on the average ASGN price forecast.
Analyzing the ASGN fundamentals
ASGN Inc [NYSE:ASGN] reported sales of 4.19B for the trailing twelve months, which represents a drop of -7.68%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 85.62 points at the first support level, and at 84.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 87.62, and for the 2nd resistance point, it is at 88.32.
Ratios To Look Out For
For context, ASGN Inc’s Current Ratio is 2.25. On the other hand, the Quick Ratio is 2.25, and the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 0.92, the price to book ratio is 2.17 and price to earnings (TTM) ratio is 22.00.
Transactions by insiders
Recent insider trading involved Hanson Theodore S., CEO, that happened on Nov 12 ’24 when 1200.0 shares were sold. CEO, Hanson Theodore S. completed a deal on Nov 13 ’24 to sell 900.0 shares. Meanwhile, Officer Hanson Theodore S. bought 53000.0 shares on Nov 12 ’24.
