ASGN Incorporated is showing a strong performance today with a price of $20.96, marking a $2 increase (10.49%) from the previous close at $18.97. The trading volume stands at $809,115, which is 81.36% higher than the average.
The latest quarterly earnings report for ASGN was released on Tuesday, April 21st, with a consensus estimate EPS of 0.98.
UBS published a new grade for ASGN on April 23rd, shifting it to "Sell" from the previous "Sell," indicating a hold action at the current price of $40.43.
ASGN reported a net change in cash of $34.7 million, with operating cash flow at $102.3 million. Noteworthy items include acquisitions netting $306.1 million and debt repayment of $134.6 million.
Revenue for ASGN stands at $968.3 million, resulting in a gross profit of $249.5 million. The company reported an operating income of $40.5 million and a net income of $5.5 million, translating to earnings per share of 13 cents.
Key ratios for ASGN include a gross profit margin of 25.77%, return on equity at 0.3, and a price-to-earnings ratio of 75.9.
ASGN's balance sheet shows total assets of $3.68 billion, total liabilities of $1.87 billion, and net debt of $1 billion.
This real-time financial report showcases ASGN's positive price movement, earnings performance, analyst grades, cash flow details, income statement metrics, key ratios, and balance sheet figures, providing investors with a comprehensive snapshot of the asset's current status.
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. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to Fortune 1000 and mid-market 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 agencies, and 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. ASGN Incorporated was incorporated in 1985 and is based in Glen Allen, Virginia.