ASGN (ASGN) to Release Earnings on Wednesday

ASGN (NYSE:ASGN - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, February 5th. Analysts expect ASGN to post earnings of $1.21 per share and revenue of $1.00 billion for the quarter. Parties interested in participating in the company's conference call can do so using this link.

ASGN Stock Performance

NYSE:ASGN traded down $0.54 during trading hours on Friday, hitting $88.33. 735,510 shares of the company were exchanged, compared to its average volume of 261,519. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.25 and a quick ratio of 2.25. ASGN has a 52-week low of $82.04 and a 52-week high of $106.42. The stock has a market capitalization of $3.90 billion, a price-to-earnings ratio of 22.36 and a beta of 1.38. The company's 50 day moving average price is $88.11 and its 200-day moving average price is $91.59.

Analyst Ratings Changes

Several equities analysts recently issued reports on ASGN shares. BMO Capital Markets raised ASGN from a "market perform" rating to an "outperform" rating and upped their target price for the company from $96.00 to $100.00 in a research report on Friday, November 22nd. StockNews.com lowered ASGN from a "buy" rating to a "hold" rating in a report on Tuesday, January 7th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $115.00 target price on shares of ASGN in a report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $101.75.

Insider Buying and Selling at ASGN

In other ASGN news, CEO Theodore S. Hanson sold 1,200 shares of the business's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $99.64, for a total value of $119,568.00. Following the completion of the transaction, the chief executive officer now directly owns 288,855 shares of the company's stock, valued at approximately $28,781,512.20. The trade was a 0.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.20% of the stock is owned by corporate insiders.

About ASGN

ASGN Incorporated engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to enterprise clients.