In Friday’s Wall Street session, ASGN Inc (NYSE:ASGN) shares traded at $53.55, down -1.22% from the previous session.
ASGN stock price is now -8.52% away from the 50-day moving average and -33.49% away from the 200-day moving average. The market capitalization of the company currently stands at $2.35B.
With the price target maintained at $55, Canaccord Genuity recently Downgraded its rating from Buy to Hold for ASGN Inc (NYSE: ASGN). On November 22, 2024, BMO Capital Markets Upgraded its previous ‘Market Perform’ rating to ‘Outperform’ on the stock increasing its target price from $96 to quote $100, while ‘Canaccord Genuity’ rates the stock as ‘Buy’
In other news, Hanson Theodore S., CEO sold 1,200 shares of the company’s stock on Nov 12 ’24. The stock was sold for $119,568 at an average price of $99.64. Upon completion of the transaction, the CEO now directly owns 288,855 shares in the company, valued at $15.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 13 ’24, CEO Hanson Theodore S. sold 900 shares of the business’s stock. A total of $87,405 was realized by selling the stock at an average price of $97.12. This leaves the insider owning 287,955 shares of the company worth $15.42 million. A total of 3.94% of the company’s stock is owned by insiders.
During the past 12 months, ASGN Inc has had a low of $47.64 and a high of $105.67. As of last week, the company has a debt-to-equity ratio of 0.75, a current ratio of 2.37, and a quick ratio of 2.37. According to the stock market information, the enterprise value for the company is $3590490112, which is based on a 15.27 price-to-earnings ratio, a 2.11 price-to-earnings-growth ratio, and a beta of 1.02. The fifty day moving average price for ASGN is $58.5374 and a two-hundred day moving average price translates $80.51465 for the stock.
The latest earnings results from ASGN Inc (NYSE: ASGN) was released for 2025-03-31. The net profit margin was 3.93% and return on equity was 8.65% for ASGN. The company reported revenue of $968.3 million for the quarter, compared to $1.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.69 percent. For the current quarter, analysts expect ASGN to generate $994.64M in revenue.
