With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on ASGN shows that it touched its highest point at $105.67 and its lowest point at $47.64 during that stretch. It currently has a 1-year price target of $61.33. Beta for the stock currently stands at 1.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASGN was up-trending over the past week, with a rise of 8.18%, but this was down by -7.12% over a month. Three-month performance dropped to -37.98% while six-month performance fell -40.15%. The stock lost -43.32% in the past year, while it has lost -34.61% so far this year. A look at the trailing 12-month EPS for ASGN yields 3.51 with Next year EPS estimates of 5.13. For the next quarter, that number is 1.08. This implies an EPS growth rate of -14.93% for this year and 15.45% for next year. EPS is expected to grow by 7.22% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.22%.
Float and Shares Shorts:
At present, 43.90 million ASGN shares are outstanding with a float of 42.08 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASGN since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.19085 being high and $5.15092 being low. For ASGN, this leads to a yearly average estimate of $5.1609. Based on analyst estimates, the high estimate for the next quarter is $1.42 and the low estimate is $1.13. The average estimate for the next quarter is thus $1.24.
