Alert: New Earnings Report (10/23/24)-ASGN Inc (NYSE: ASGN).

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ASGN Inc (NYSE: ASGN) has reported earnings for its third fiscal quarter (ending September 30) of $1.07 versus $1.23 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $4.00 versus $4.58 for the same period a year ago.

Recent Price Action

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ASGN Inc (NYSE: ASGN) stock rose modestly by 0.4% on 10/23/24. The stock closed at $93.04. Moreover, unusually high trading volume at 171% of normal accompanied the advance. The stock has declined -4.5% during the last week and has been weak relative to the market over the last nine months.

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 D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. ASGN has a slightly negative Power Rating of 32 and a slightly negative Appreciation Score of 31, resulting in the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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