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ASGN logo ASGN
Upturn stock ratingUpturn stock rating
ASGN logo

ASGN Inc (ASGN)

Upturn stock ratingUpturn stock rating
$87.4
Delayed price
Profit since last BUY-5.28%
upturn advisory
WEAK BUY
BUY since 7 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

02/03/2025: ASGN (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -37.72%
Avg. Invested days 33
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/03/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.78B USD
Price to earnings Ratio 16.45
1Y Target Price 93.33
Price to earnings Ratio 16.45
1Y Target Price 93.33
Volume (30-day avg) 330552
Beta 1.34
52 Weeks Range 61.70 - 105.67
Updated Date 03/31/2025
52 Weeks Range 61.70 - 105.67
Updated Date 03/31/2025
Dividends yield (FY) -
Basic EPS (TTM) 3.83

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 4.27%
Operating Margin (TTM) 7.53%

Management Effectiveness

Return on Assets (TTM) 5.46%
Return on Equity (TTM) 9.55%

Valuation

Trailing PE 16.45
Forward PE 12.27
Enterprise Value 3671252994
Price to Sales(TTM) 0.68
Enterprise Value 3671252994
Price to Sales(TTM) 0.68
Enterprise Value to Revenue 0.9
Enterprise Value to EBITDA 9.16
Shares Outstanding 44058300
Shares Floating 41981568
Shares Outstanding 44058300
Shares Floating 41981568
Percent Insiders 3.61
Percent Institutions 103.6

Analyst Ratings

Rating 3.71
Target Price 98.33
Buy 1
Strong Buy 3
Buy 1
Strong Buy 3
Hold 2
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

ASGN Inc

stock logo

Company Overview

overview logo History and Background

ASGN Incorporated (formerly known as On Assignment, Inc.) was founded in 1985. Initially focused on clinical staffing, it expanded through acquisitions and organic growth into IT, professional, and creative staffing services. It is a leading provider of IT and professional staffing services in the technology, digital, creative, healthcare technology, engineering, life sciences, and government sectors.

business area logo Core Business Areas

  • Apex Systems: IT staffing services, focusing on placing IT professionals in contract, contract-to-hire, and direct-hire positions.
  • Creative Circle: Specializes in placing creative and marketing professionals in contract and full-time roles.
  • ECS Federal: Delivers advanced technology solutions and managed services for U.S. federal government agencies.

leadership logo Leadership and Structure

The CEO of ASGN Inc is Theodore (Ted) Hanson. The company has a traditional corporate structure with various departments including finance, operations, sales, marketing, and technology. The Board of Directors provides oversight and strategic direction.

Top Products and Market Share

overview logo Key Offerings

  • IT Staffing Services: Placement of IT professionals for contract, contract-to-hire, and permanent positions. ASGN, through Apex Systems, is a significant player in this market. Competitors include Robert Half Technology (RHI), TEKsystems, and Insight Global. Revenue for this segment is estimated based on overall revenue and IT staffing industry data.
  • Creative Staffing Services: Placement of creative and marketing professionals. Market share is smaller than IT staffing, competing with companies like Aquent and The Creative Group (RHI). Revenue for this segment is estimated based on overall revenue and creative staffing industry data.
  • Government IT Solutions: ECS provides IT solutions to government agencies. Competitors include Leidos (LDOS), CACI International (CACI), and Booz Allen Hamilton (BAH).

Market Dynamics

industry overview logo Industry Overview

The IT staffing industry is driven by technological advancements and demand for specialized skills. The creative staffing industry is influenced by marketing trends and the need for digital content creators. Government IT solutions are driven by federal budgets and the need for cyber security. All segments are experiencing growth with cloud computing, data analytics, and cybersecurity driving IT staffing demand.

Positioning

ASGN Inc is a major player in the IT and professional staffing space, with a strong presence in both the commercial and government sectors. Their competitive advantages include a diverse range of services and a strong reputation. The ECS Federal acquisition expands their government capabilities.

Total Addressable Market (TAM)

The total addressable market for IT staffing, creative staffing, and government IT solutions is estimated to be hundreds of billions of dollars. ASGN Inc is positioned to capture a significant portion of this TAM through its various business segments.

Upturn SWOT Analysis

Strengths

  • Diversified service offerings
  • Strong presence in IT and professional staffing
  • Established relationships with clients
  • Solid track record of acquisitions
  • Expertise in high-growth sectors

Weaknesses

  • Dependence on economic cycles
  • Intense competition in the staffing industry
  • Difficulty in attracting and retaining talent
  • Integration risks from acquisitions

Opportunities

  • Growing demand for IT and creative talent
  • Expansion into new geographic markets
  • Strategic acquisitions to expand service offerings
  • Increased demand for government IT solutions
  • Adoption of new technologies like AI to enhance staffing processes

Threats

  • Economic downturns impacting staffing demand
  • Increased competition from online staffing platforms
  • Changes in government regulations affecting staffing
  • Cybersecurity threats impacting data security
  • Rapid technological changes requiring continuous upskilling

Competitors and Market Share

competitor logo Key Competitors

  • RHI
  • KFY
  • MAN

Competitive Landscape

ASGN has a diverse portfolio. RHI has a larger presence in staffing overall. KFY has a larger influence in the executive search and professional recruiting side. MAN provides workforce solutions and recruitment process outsourcing.

Major Acquisitions

ECS Federal

  • Year: 2018
  • Acquisition Price (USD millions): 775
  • Strategic Rationale: Expanded ASGN's presence in the government IT solutions market.

Growth Trajectory and Initiatives

Historical Growth: ASGN Inc has demonstrated strong growth through both organic expansion and strategic acquisitions.

Future Projections: Projected future growth is expected to be in line with industry growth rates, driven by demand for IT, creative, and government technology talent.

Recent Initiatives: Recent strategic initiatives include acquisitions to expand their presence in the government sector and investments in technology to improve staffing efficiency.

Summary

ASGN Inc is a strong player in the IT and professional staffing industry. Their diversified service offerings and strong track record of acquisitions are working well. They need to watch out for economic downturns and increased competition from online platforms. Their government IT solutions sector is working well and gives them a strong place in the industry.

Similar Companies

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MANratingrating

ManpowerGroup Inc

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RHIratingrating

Robert Half International Inc

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Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Financial news sources

Disclaimers:

This analysis is based on available data and is not financial advice. Market conditions can change rapidly, and investors should conduct their own due diligence.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ASGN Inc

Exchange NYSE
Headquaters Glen Allen, VA, United States
IPO Launch date 1992-09-22
CEO & Director Mr. Theodore S. Hanson CPA
Sector Technology
Industry Information Technology Services
Full time employees 3200
Full time employees 3200

ASGN Incorporated engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to enterprise clients. This segment also offers workforce mobilization, modern enterprise, and digital innovation IT consulting services; and cloud, data and analytics, and digital transformation solutions. The Federal Government Segment provides mission-critical solutions to the department of defense, intelligence communities, and federal civilian agencies. This segment offers cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, and science and engineering solutions. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. The company was founded in 1985 and is based in Glen Allen, Virginia.

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