(ASGN) ASGN - Overview
Stock: IT Services, Consulting, Cloud, Cybersecurity
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 39.0% |
| Relative Tail Risk | -4.38% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.13 |
| Alpha | -53.75 |
| Character TTM | |
|---|---|
| Beta | 0.785 |
| Beta Downside | 0.401 |
| Drawdowns 3y | |
|---|---|
| Max DD | 61.81% |
| CAGR/Max DD | -0.28 |
Description: ASGN ASGN January 14, 2026
ASGN Inc. (NYSE: ASGN) delivers IT services and solutions across commercial and federal government markets in the U.S., Canada, and Europe. Founded in 1985 and rebranded from On Assignment in 2018, the firm operates two primary segments: Commercial, which offers consulting, creative digital marketing, permanent placement, and digital-transformation services; and Federal Government, which supplies mission-critical cloud, cybersecurity, AI/ML, and engineering solutions to DoD, intelligence, and civilian agencies.
In FY 2023 the company generated roughly $1.2 billion in revenue, posting a 5.8% year-over-year increase and an operating margin of about 7.5%, driven largely by strong demand for cloud migration and data-analytics projects. The backlog-approximately $1.4 billion-reflects a healthy pipeline, while free cash flow of $85 million supports ongoing acquisitions and share-repurchase programs. ASGN’s growth is closely tied to macro trends such as sustained federal IT-modernization spending (projected to rise > 4% annually) and the broader corporate shift toward digital-first operating models.
Given the firm’s exposure to both private-sector digital transformation and government-driven cybersecurity spend, analysts should monitor the pace of U.S. defense budget allocations and enterprise cloud-adoption rates for early signals of earnings momentum. For a deeper, data-driven look at ASGN’s valuation metrics, a quick check on ValueRay can provide useful context.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 130.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -4.26 > 1.0 |
| NWC/Revenue: 11.44% < 20% (prev 12.02%; Δ -0.58% < -1%) |
| CFO/TA 0.09 > 3% & CFO 325.8m > Net Income 130.7m |
| Net Debt (1.11b) to EBITDA (428.0m): 2.60 < 3 |
| Current Ratio: 1.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.9m) vs 12m ago -2.44% < -2% |
| Gross Margin: 28.90% > 18% (prev 0.28%; Δ 2862 % > 0.5%) |
| Asset Turnover: 111.8% > 50% (prev 122.1%; Δ -10.30% > 0%) |
| Interest Coverage Ratio: 2.37 > 6 (EBITDA TTM 428.0m / Interest Expense TTM 133.1m) |
Altman Z'' 3.00
| A: 0.12 (Total Current Assets 918.4m - Total Current Liabilities 462.3m) / Total Assets 3.70b |
| B: 0.30 (Retained Earnings 1.11b / Total Assets 3.70b) |
| C: 0.09 (EBIT TTM 315.5m / Avg Total Assets 3.57b) |
| D: 0.59 (Book Value of Equity 1.11b / Total Liabilities 1.87b) |
| Altman-Z'' Score: 3.00 = A |
Beneish M -3.05
| DSRI: 1.09 (Receivables 710.4m/686.4m, Revenue 3.99b/4.19b) |
| GMI: 0.95 (GM 28.90% / 27.56%) |
| AQI: 1.05 (AQ_t 0.73 / AQ_t-1 0.69) |
| SGI: 0.95 (Revenue 3.99b / 4.19b) |
| TATA: -0.05 (NI 130.7m - CFO 325.8m) / TA 3.70b) |
| Beneish M-Score: -3.05 (Cap -4..+1) = AA |
What is the price of ASGN shares?
Over the past week, the price has changed by +4.95%, over one month by +14.12%, over three months by +19.80% and over the past year by -39.07%.
Is ASGN a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 4
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the ASGN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 51.2 | -3.9% |
| Analysts Target Price | 51.2 | -3.9% |
| ValueRay Target Price | 49 | -8% |
ASGN Fundamental Data Overview January 29, 2026
P/E Forward = 10.2564
P/S = 0.5564
P/B = 1.1819
P/EG = 2.02
Revenue TTM = 3.99b USD
EBIT TTM = 315.5m USD
EBITDA TTM = 428.0m USD
Long Term Debt = 1.17b USD (from longTermDebt, last quarter)
Short Term Debt = 28.8m USD (from shortTermDebt, last quarter)
Debt = 1.24b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.11b USD (from netDebt column, last quarter)
Enterprise Value = 3.33b USD (2.22b + Debt 1.24b - CCE 126.5m)
Interest Coverage Ratio = 2.37 (Ebit TTM 315.5m / Interest Expense TTM 133.1m)
EV/FCF = 11.76x (Enterprise Value 3.33b / FCF TTM 283.3m)
FCF Yield = 8.51% (FCF TTM 283.3m / Enterprise Value 3.33b)
FCF Margin = 7.11% (FCF TTM 283.3m / Revenue TTM 3.99b)
Net Margin = 3.28% (Net Income TTM 130.7m / Revenue TTM 3.99b)
Gross Margin = 28.90% ((Revenue TTM 3.99b - Cost of Revenue TTM 2.83b) / Revenue TTM)
Gross Margin QoQ = 29.36% (prev 28.74%)
Tobins Q-Ratio = 0.90 (Enterprise Value 3.33b / Total Assets 3.70b)
Interest Expense / Debt = 6.82% (Interest Expense 84.6m / Debt 1.24b)
Taxrate = 24.55% (12.4m / 50.5m)
NOPAT = 238.0m (EBIT 315.5m * (1 - 24.55%))
Current Ratio = 1.99 (Total Current Assets 918.4m / Total Current Liabilities 462.3m)
Debt / Equity = 0.68 (Debt 1.24b / totalStockholderEquity, last quarter 1.83b)
Debt / EBITDA = 2.60 (Net Debt 1.11b / EBITDA 428.0m)
Debt / FCF = 3.93 (Net Debt 1.11b / FCF TTM 283.3m)
Total Stockholder Equity = 1.81b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.67% (Net Income 130.7m / Total Assets 3.70b)
RoE = 7.23% (Net Income TTM 130.7m / Total Stockholder Equity 1.81b)
RoCE = 10.61% (EBIT 315.5m / Capital Employed (Equity 1.81b + L.T.Debt 1.17b))
RoIC = 7.99% (NOPAT 238.0m / Invested Capital 2.98b)
WACC = 7.50% (E(2.22b)/V(3.46b) * Re(8.81%) + D(1.24b)/V(3.46b) * Rd(6.82%) * (1-Tc(0.25)))
Discount Rate = 8.81% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.86%
[DCF Debug] Terminal Value 82.91% ; FCFF base≈333.6m ; Y1≈411.5m ; Y5≈700.8m
Fair Price DCF = 282.6 (EV 13.18b - Net Debt 1.11b = Equity 12.07b / Shares 42.7m; r=7.50% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -66.94 | EPS CAGR: -48.65% | SUE: -4.0 | # QB: 0
Revenue Correlation: -75.05 | Revenue CAGR: -1.09% | SUE: 0.53 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.98 | Chg30d=+0.001 | Revisions Net=+1 | Analysts=6
EPS next Year (2026-12-31): EPS=4.97 | Chg30d=+0.050 | Revisions Net=+3 | Growth EPS=+8.6% | Growth Revenue=+0.1%