ASGN Inc
NYSE:ASGN
Intrinsic Value
ASGN, Inc. engages in the provision of information technology and professional services in the technology, digital, creative, engineering, and life sciences fields in the commercial and government sec... [ Read More ]
The intrinsic value of one ASGN stock under the Base Case scenario is 115.64 USD. Compared to the current market price of 104.76 USD, ASGN Inc is Undervalued by 9%.
Valuation Backtest
ASGN Inc
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Fundamental Analysis
ASGN Reports Strong Q4 Results, Exceeds Targets
2023-Q4 Earnings Call
ASGN Incorporated concluded the fourth quarter with strong financial performance, particularly in IT Consulting, where they achieved over 55% of consolidated revenues, surpassing their target a year early. Despite an overall year-over-year low-teen decline in Commercial segment revenues, the company saw a 2% rise in Commercial consulting revenues. A positive book-to-bill ratio of 1.2x and the addition of new Fortune 1000 clients indicate solid growth potential and customer confidence. The Federal segment also experienced growth, with revenues up 9.2% from the previous year and a contract backlog of $3 billion, promising stronger bookings anticipated in the first half of 2024.
Balance Sheet Decomposition
ASGN Inc
Current Assets | 973.3m |
Cash & Short-Term Investments | 175.9m |
Receivables | 741.5m |
Other Current Assets | 55.9m |
Non-Current Assets | 2.6B |
PP&E | 145.6m |
Intangibles | 2.4B |
Other Non-Current Assets | 33.7m |
Current Liabilities | 394.1m |
Accounts Payable | 34m |
Accrued Liabilities | 256m |
Other Current Liabilities | 104.1m |
Non-Current Liabilities | 1.3B |
Long-Term Debt | 1B |
Other Non-Current Liabilities | 221.8m |
Earnings Waterfall
ASGN Inc
Revenue
|
4.5B
USD
|
Cost of Revenue
|
-3.2B
USD
|
Gross Profit
|
1.3B
USD
|
Operating Expenses
|
-915.9m
USD
|
Operating Income
|
364.1m
USD
|
Other Expenses
|
-144.8m
USD
|
Net Income
|
219.3m
USD
|
Free Cash Flow Analysis
ASGN Inc
What is Free Cash Flow?
ASGN Profitability Score
Profitability Due Diligence
ASGN Inc's profitability score is 53/100. The higher the profitability score, the more profitable the company is.
Score
ASGN Inc's profitability score is 53/100. The higher the profitability score, the more profitable the company is.
ASGN Solvency Score
Solvency Due Diligence
ASGN Inc's solvency score is 54/100. The higher the solvency score, the more solvent the company is.
Score
ASGN Inc's solvency score is 54/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ASGN Price Targets Summary
ASGN Inc
According to Wall Street analysts, the average 1-year price target for ASGN is 94.42 USD with a low forecast of 70.7 USD and a high forecast of 115.5 USD.
Ownership
ASGN Insider Trading
Buy and sell transactions by insiders
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3 Months |
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9 Months |
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12 Months |
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Shareholder Return
ASGN Price
ASGN Inc
Average Annual Return | 11.44% |
Standard Deviation of Annual Returns | 35.76% |
Max Drawdown | -57% |
Market Capitalization | 4.9B USD |
Shares Outstanding | 46 500 000 |
Percentage of Shares Shorted | 3.4% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
ASGN, Inc. engages in the provision of information technology and professional services in the technology, digital, creative, engineering, and life sciences fields in the commercial and government sectors. The company is headquartered in Glen Allen, Virginia and currently employs 3,900 full-time employees. Its segments include Commercial Segment and Federal Government Segment. The Commercial Segment provides consulting, creative digital marketing, and placement services primarily to Fortune 1000 clients and mid-market companies. The Federal Government Segment provides mission-critical solutions to the Department of Defense, intelligence agencies, and civilian agencies. The company delivers advanced solutions in cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, science and engineering to defense, intelligence, and federal civilian agencies. The company provides a range of services, such as commercial services, which includes digital transformation, such as application services, artificial intelligence, cloud, cybersecurity, data and analysis, and the Internet of things.
Contact
IPO
Employees
Officers
The intrinsic value of one ASGN stock under the Base Case scenario is 115.64 USD.
Compared to the current market price of 104.76 USD, ASGN Inc is Undervalued by 9%.