ASGN Inc (NYSE: ASGN) has reported earnings for its first fiscal quarter (ending March 31) of $0.82 versus $1.00 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $4.35 versus $4.96 for the same period a year ago.
Recent Price Action
ASGN Inc (NYSE: ASGN) stock closed at $102.11 on 4/24/24 after an increase of 1.3%. Moreover, unusually high trading volume at 166% of normal accompanied the advance. The stock has risen 7.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ASGN is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
ASGN has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ASGN has a poor Appreciation Score of 24 but a good Power Rating of 79, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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