ASGN Incorporated (NYSE:ASGN – Get Free Report) Director Carol Lindstrom sold 1,060 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $93.02, for a total value of $98,601.20. Following the completion of the sale, the director now owns 4,579 shares in the company, valued at $425,938.58. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
ASGN Price Performance
NYSE:ASGN traded down $1.12 during mid-day trading on Friday, reaching $92.75. 246,996 shares of the stock were exchanged, compared to its average volume of 293,437. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.57. The business has a fifty day moving average price of $93.74 and a 200 day moving average price of $93.96. ASGN Incorporated has a 1-year low of $77.37 and a 1-year high of $106.42. The firm has a market capitalization of $4.26 billion, a PE ratio of 21.65 and a beta of 1.40.
ASGN (NYSE:ASGN – Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.08. ASGN had a net margin of 4.56% and a return on equity of 14.30%. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the company posted $1.68 EPS. The business’s revenue was down 7.7% compared to the same quarter last year. Research analysts expect that ASGN Incorporated will post 5.14 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on ASGN. Canaccord Genuity Group reiterated a “buy” rating and issued a $115.00 price objective on shares of ASGN in a research report on Thursday. BMO Capital Markets lifted their price target on ASGN from $94.00 to $96.00 and gave the company a “market perform” rating in a report on Friday. Finally, Jefferies Financial Group decreased their price objective on ASGN from $95.00 to $88.00 and set a “hold” rating for the company in a report on Monday, September 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $97.44.
Get Our Latest Stock Analysis 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.
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