AI Spotlight on ASGN
Company Description
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.
Market Data
Last Price | 87.54 |
Change Percentage | -0.76% |
Open | 86.46 |
Previous Close | 88.21 |
Market Cap ( Millions) | 3869 |
Volume | 62727 |
Year High | 106.42 |
Year Low | 82.04 |
M A 50 | 88.02 |
M A 200 | 92.49 |
Financial Ratios
FCF Yield | 10.57% |
Dividend Yield | 0.00% |
ROE | 9.98% |
Debt / Equity | 62.03% |
Net Debt / EBIDTA | 217.43% |
Price To Book | 2.2 |
Price Earnings Ratio | 21.28 |
Price To FCF | 9.46 |
Price To sales | 0.92 |
EV / EBITDA | 11.18 |
News
- Jan -15 - ASGN Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
- Dec -03 - Apex Systems UK Receives Great Place to Work Certification for Four Consecutive Years
- Nov -18 - ECS-CMS Team Receives Agency Honor Award
- Nov -14 - ECS Partners With NSA Cybersecurity Collaboration Center
- Oct -24 - ASGN Incorporated (ASGN) Q3 2024 Earnings Call Transcript
- Oct -24 - ASGN Inc (ASGN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
- Oct -23 - ASGN Inc (ASGN) Q3 Earnings Top Estimates
- Oct -23 - ASGN Incorporated Reports Third Quarter 2024 Results
- Oct -09 - ASGN Schedules Third Quarter 2024 Earnings Release and Conference Call
- Jul -25 - ASGN Incorporated (ASGN) Q2 2024 Earnings Call Transcript
- Jul -25 - ASGN Inc (ASGN) Reports Q2 Earnings: What Key Metrics Have to Say
- Jul -24 - ASGN Inc (ASGN) Tops Q2 Earnings Estimates
- Jun -25 - ECS Receives Seventh Top Workplaces Award From The Washington Post
- Jun -24 - ASGN Releases 2023 Environmental Social Governance Report
- Jun -20 - New Strong Sell Stocks for June 20th
- Jun -13 - ASGN Announces the Appointment of Patricia Obermaier to Board of Directors
- Jun -13 - New Strong Sell Stocks for June 13th
- Jun -12 - New Strong Sell Stocks for June 12th
- Jun -05 - New Strong Sell Stocks for June 5th
- Jun -04 - Creative Circle Unveils 2024 Client Pulse Report: Navigating AI in the Creative and Marketing Industry
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Commercial
Expected Growth : 3.5 %
What the company do ?
ASGN Incorporated's commercial segment provides IT staffing and consulting services to commercial clients, focusing on technology, creative, and digital solutions.
Why we expect these perspectives ?
ASGN Incorporated's commercial segment growth of 3.5% is driven by increasing demand for IT consulting services, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on digital transformation, cloud computing, and cybersecurity solutions is contributing to its growth. Furthermore, the company's strong relationships with clients and its ability to provide tailored solutions are also driving revenue growth.
Segment nΒ°2 -> Federal Government
Expected Growth : 4.5 %
What the company do ?
The Federal Government, as a client of ASGN Incorporated, refers to the central authority of the United States, comprising three branches: the legislative, executive, and judicial, responsible for governing the nation.
Why we expect these perspectives ?
The 4.5% growth of Federal Government segment from ASGN Incorporated is driven by increasing demand for digital transformation, cloud adoption, and cybersecurity services. The company's expertise in IT consulting, systems integration, and managed services positions it well to capitalize on government agencies' modernization efforts, contributing to its steady growth.
Asgn Incorporated Products
Product Range | What is it ? |
---|---|
EagleONE | A comprehensive IT consulting and outsourcing services platform |
CSG | A suite of IT consulting services focused on digital transformation |
SAP Services | A range of SAP consulting services, from implementation to optimization |
Cloud and Infrastructure Services | A comprehensive suite of cloud and infrastructure services, including migration, management, and security |
Cybersecurity Services | A range of cybersecurity services, including risk assessment, penetration testing, and incident response |
Data Analytics and AI | A suite of data analytics and AI services, including data strategy, architecture, and implementation |
Digital Experience | A range of digital experience services, including UX design, development, and testing |
ASGN Incorporated's Porter Forces
Threat Of Substitutes
The threat of substitutes for ASGN Incorporated is moderate, as there are some alternatives available in the market, but they are not very attractive to customers.
Bargaining Power Of Customers
The bargaining power of customers for ASGN Incorporated is low, as the company operates in a niche market and customers have limited alternatives.
Bargaining Power Of Suppliers
The bargaining power of suppliers for ASGN Incorporated is moderate, as the company relies on a few key suppliers, but they do not have significant bargaining power.
Threat Of New Entrants
The threat of new entrants for ASGN Incorporated is high, as the market is attractive and there are low barriers to entry.
Intensity Of Rivalry
The intensity of rivalry for ASGN Incorporated is high, as the company operates in a competitive market with several established players.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
Value | |
---|---|
Debt Weight | 35.82% |
Debt Cost | 8.16% |
Equity Weight | 64.18% |
Equity Cost | 11.53% |
WACC | 10.32% |
Leverage | 55.82% |
ASGN Incorporated : Quality Control
ASGN Incorporated passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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DLB | Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV, transmissions and devices, mobile devices, OTT video and music services, and home entertainment β¦ |