ASGN Inc (ASGN) plunged -4.20 in the last month: It’s impossible to believe the numbers

ASGN Inc (NYSE: ASGN) kicked off on Monday, down -4.20% from the previous trading day, before settling in for the closing price of $61.25. Over the past 52 weeks, ASGN has traded in a range of $59.83-$105.67.

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Annual sales at Technology sector company grew by 1.45% over the past five years. While this was happening, its average annual earnings per share was recorded -3.37%. With a float of $41.88 million, this company’s outstanding shares have now reached $43.80 million.

Let’s look at the performance matrix of the company that is accounted for 24500 employees. In terms of profitability, gross margin is 28.14%, operating margin of 7.42%, and the pretax margin is 5.86%.

ASGN Inc (ASGN) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of ASGN Inc is 3.94%, while institutional ownership is 99.60%. The most recent insider transaction that took place on Nov 12 ’24, was worth 119,568. In this transaction CEO of this company sold 1,200 shares at a rate of $99.64, taking the stock ownership to the 288,855 shares. Before that another transaction happened on Nov 13 ’24, when Company’s CEO sold 900 for $97.12, making the entire transaction worth $87,405. This insider now owns 287,955 shares in total.

ASGN Inc (ASGN) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.27 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.06% during the next five years compared to 3.22% growth over the previous five years of trading.

ASGN Inc (NYSE: ASGN) Trading Performance Indicators

Take a look at ASGN Inc’s (ASGN) current performance indicators. Last quarter, stock had a quick ratio of 2.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62. Likewise, its price to free cash flow for the trailing twelve months is 7.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.84, a number that is poised to hit 0.95 in the next quarter and is forecasted to reach 5.83 in one year’s time.

Technical Analysis of ASGN Inc (ASGN)

ASGN Inc (NYSE: ASGN) saw its 5-day average volume 0.51 million, a positive change from its year-to-date volume of 0.5 million. As of the previous 9 days, the stock’s Stochastic %D was 19.52%. Additionally, its Average True Range was 2.48.

During the past 100 days, ASGN Inc’s (ASGN) raw stochastic average was set at 1.93%, which indicates a significant decrease from 7.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.75% in the past 14 days, which was lower than the 33.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $72.07, while its 200-day Moving Average is $86.62. Nevertheless, the first resistance level for the watch stands at $61.67 in the near term. At $64.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $66.56. If the price goes on to break the first support level at $56.78, it is likely to go to the next support level at $54.87. Assuming the price breaks the second support level, the third support level stands at $51.89.

ASGN Inc (NYSE: ASGN) Key Stats

The company with the Market Capitalisation of 2.56 billion has total of 43,600K Shares Outstanding. Its annual sales at the moment are 4,100 M in contrast with the sum of 175,200 K annual income. Company’s last quarter sales were recorded 985,000 K and last quarter income was 42,400 K.