ASGN Inc (NYSE: ASGN). Meaningful negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for ASGN Inc (NYSE: ASGN): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ASGN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
ASGN has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. ASGN has a poor Appreciation Score of 28 and a poor Power Rating of 21, leading to the Lowest Value Trend Rating.
Recent Price Action
On 8/30/24, ASGN Inc (NYSE: ASGN) stock declined slightly by -0.8%, closing at $96.16. Moreover, this decline was accompanied by exceptionally high trading volume at 219% of normal. The stock has performed in line with the market over the last nine months and has risen 3.5% during the last week.
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