ASGN (NYSE:ASGN – Get Free Report) posted its quarterly earnings data on Wednesday. The business services provider reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.03, Briefing.com reports. ASGN had a return on equity of 14.90% and a net margin of 4.76%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the prior year, the business earned $1.59 earnings per share. ASGN’s revenue for the quarter was down 8.5% compared to the same quarter last year. ASGN updated its Q3 guidance to $1.31-$1.39 EPS and its Q3 2024 guidance to 1.310-1.390 EPS.
ASGN Price Performance
Shares of NYSE ASGN traded down $9.06 during midday trading on Thursday, reaching $92.77. 843,886 shares of the company traded hands, compared to its average volume of 300,108. The firm has a market cap of $4.26 billion, a PE ratio of 23.57, a PEG ratio of 8.58 and a beta of 1.40. The stock’s 50-day simple moving average is $93.14 and its 200-day simple moving average is $95.95. ASGN has a 12 month low of $75.85 and a 12 month high of $106.42. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.51 and a current ratio of 2.51.
Insider Buying and Selling at ASGN
In other news, Director Marty R. Kittrell sold 1,000 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $98.61, for a total value of $98,610.00. Following the completion of the sale, the director now directly owns 4,316 shares in the company, valued at $425,600.76. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, Director Marty R. Kittrell sold 1,000 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $98.61, for a total value of $98,610.00. Following the completion of the sale, the director now directly owns 4,316 shares in the company, valued at $425,600.76. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Randolph C. Blazer sold 6,000 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $98.00, for a total value of $588,000.00. Following the completion of the sale, the president now owns 101,923 shares of the company’s stock, valued at $9,988,454. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,000 shares of company stock valued at $783,650. 3.20% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on ASGN
About ASGN
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.
Featured Articles
- Five stocks we like better than ASGN
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Viking Therapeutics: Pharma Stock Soars on Positive Earnings
- What is the Hang Seng index?
- Top 3 Small Cap Stocks Emerging as Rotation Winners
- Canadian Penny Stocks: Can They Make You Rich?
- Bargain Alert: 3 Stocks Worth Watching While The Market Cools
Receive News & Ratings for ASGN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASGN and related companies with MarketBeat.com's FREE daily email newsletter.