ASGN official logo ASGN
ASGN 1-star rating from Upturn Advisory
ASGN Inc (ASGN) company logo

ASGN Inc (ASGN)

ASGN Inc (ASGN) 1-star rating from Upturn Advisory
$40.5
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Upturn Advisory Summary

02/24/2026: ASGN (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

8 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $54.5

1 Year Target Price $54.5

Analysts Price Target For last 52 week
$54.5 Target price
52w Low $39.25
Current$40.5
52w High $73.13
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Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.79B USD
Price to earnings Ratio 15.75
1Y Target Price 54.5
Price to earnings Ratio 15.75
1Y Target Price 54.5
Volume (30-day avg) 8
Beta 0.85
52 Weeks Range 39.25 - 73.13
Updated Date 02/24/2026
52 Weeks Range 39.25 - 73.13
Updated Date 02/24/2026
Dividends yield (FY) -
Basic EPS (TTM) 2.6

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Earnings Date

Report Date 2026-02-11
When -
Estimate 1.16
Actual 1.15

Profitability

Profit Margin 2.85%
Operating Margin (TTM) 6.83%

Management Effectiveness

Return on Assets (TTM) 4.05%
Return on Equity (TTM) 6.34%

Valuation

Trailing PE 15.75
Forward PE 8.94
Enterprise Value 3170820000
Price to Sales(TTM) 0.45
Enterprise Value 3170820000
Price to Sales(TTM) 0.45
Enterprise Value to Revenue 0.79
Enterprise Value to EBITDA 8.79
Shares Outstanding 42700000
Shares Floating 40815936
Shares Outstanding 42700000
Shares Floating 40815936
Percent Insiders 3.97
Percent Institutions 99.32

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

ASGN Inc

ASGN Inc(ASGN) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

ASGN Inc. was founded in 1977 as Accountemps, a staffing firm. It later rebranded to Robert Half Technology before being acquired by Adecco Group in 2001. In 2007, it was spun off as a public company and eventually changed its name to ASGN Inc. in 2018. The company has grown significantly through strategic acquisitions, expanding its service offerings beyond IT staffing to encompass a broader range of technology and professional services.

Company business area logo Core Business Areas

  • Segment Name 1: ECS Federal: Focuses on providing critical technology solutions and professional services to the U.S. federal government, particularly in defense, intelligence, and civilian sectors. Services include cybersecurity, cloud migration, data analytics, and mission support.
  • Segment Name 2: Apex Systems: A leading provider of IT staffing and consulting services, specializing in placing IT professionals in contract, contract-to-hire, and direct-hire roles across various industries.
  • Segment Name 3: Oxford Prof: Delivers specialized IT and engineering consulting services, focusing on digital transformation, cloud, data, cybersecurity, and infrastructure.

leadership logo Leadership and Structure

ASGN Inc. is led by its executive management team, with Chief Executive Officer (CEO) Brad D. Cole overseeing the company's strategic direction. The organizational structure is primarily aligned with its core business segments (ECS Federal, Apex Systems, Oxford Prof), each with dedicated leadership responsible for operations and client delivery.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Product Name 1: IT Staffing and Consulting (Apex Systems): ASGN's largest segment, offering placement of IT professionals in various roles. Competitors include Randstad, Adecco, TEKsystems, and Kforce. Market share data is not publicly detailed but is a significant portion of the IT staffing market.
  • Product Name 2: Federal Government Technology Solutions (ECS Federal): Providing advanced technology services to government agencies. Competitors include Booz Allen Hamilton, Leidos, CACI International, and SAIC. Market share is within the federal IT services sector.
  • Product Name 3: Specialized IT & Engineering Consulting (Oxford Prof): Offering niche consulting services for digital transformation and modernizing IT infrastructure. Competitors include Accenture, Deloitte, and specialized boutique firms. Market share is within specific consulting verticals.

Market Dynamics

industry overview logo Industry Overview

ASGN operates in the dynamic IT services and staffing industry, characterized by rapid technological advancements, a growing demand for specialized skills (e.g., AI, cloud computing, cybersecurity), and evolving work models (remote, hybrid). The federal government sector presents a stable but highly regulated market.

Positioning

ASGN is well-positioned as a diversified provider of IT and professional services, with strong capabilities in both the commercial and government sectors. Its acquisitions have broadened its service portfolio and client base. Competitive advantages include its specialized expertise, established client relationships, and a large network of skilled professionals.

Total Addressable Market (TAM)

The TAM for IT staffing and services is in the hundreds of billions of dollars globally and is projected to grow. ASGN's TAM is concentrated within its key segments: U.S. federal IT services, IT staffing and consulting in the U.S. commercial market, and specialized engineering services. The company holds a significant, though not dominant, position within these specific market niches.

Upturn SWOT Analysis

Strengths

  • Diversified service offerings across commercial and government sectors.
  • Strong market presence in IT staffing and federal government solutions.
  • Proven track record of successful acquisitions and integration.
  • Extensive network of skilled IT professionals.
  • Long-standing client relationships.

Weaknesses

  • Dependence on key clients and government contracts.
  • Integration challenges with past acquisitions.
  • Sensitivity to economic downturns impacting IT spending.
  • Intense competition in the IT staffing market.

Opportunities

  • Growing demand for specialized IT skills (AI, cybersecurity, cloud).
  • Expansion into new geographies or service lines through further acquisitions.
  • Leveraging existing client relationships for cross-selling opportunities.
  • Increased government spending on technology modernization.
  • Shift towards hybrid and remote work models creating demand for IT support.

Threats

  • Economic recession impacting client IT budgets.
  • Intensifying competition from larger and smaller players.
  • Changes in government contracting regulations or budget allocations.
  • Talent shortages for highly specialized IT roles.
  • Rapid technological obsolescence requiring continuous adaptation.

Competitors and Market Share

Key competitor logo Key Competitors

  • TEKsystems (part of Allegis Group)
  • Randstad
  • Adecco Group
  • Booz Allen Hamilton
  • Leidos
  • CACI International
  • SAIC

Competitive Landscape

ASGN benefits from its diversified service lines and strong government presence. However, it faces intense competition from both large, established players and smaller, niche specialists. Its ability to integrate acquisitions and maintain specialized expertise is crucial.

Major Acquisitions

ECS Federal

  • Year: 2020
  • Acquisition Price (USD millions): 737
  • Strategic Rationale: To significantly expand its presence and capabilities in the U.S. federal government sector, particularly in defense and intelligence.

Oxford Prof

  • Year: 2019
  • Acquisition Price (USD millions): 1500
  • Strategic Rationale: To enhance its portfolio of specialized IT and engineering consulting services, focusing on digital transformation and cloud solutions.

Growth Trajectory and Initiatives

Historical Growth: ASGN has a history of aggressive growth through strategic acquisitions, transforming from a niche staffing provider to a diversified technology services company. Organic growth has also contributed, particularly in its Apex Systems and ECS Federal segments.

Future Projections: Analysts generally project continued revenue growth for ASGN, fueled by ongoing demand for IT services and potential future acquisitions. Projections will vary based on analyst coverage and market conditions.

Recent Initiatives: Recent initiatives have focused on integrating acquired businesses, expanding capabilities in high-growth areas like cloud and cybersecurity, and enhancing operational efficiency.

Summary

ASGN Inc. is a well-diversified IT services and staffing company with strong positions in both commercial and U.S. federal markets. Its history of strategic acquisitions has fueled significant growth and expanded its service capabilities. The company benefits from strong demand in key IT areas like cybersecurity and cloud. However, it faces intense competition and is susceptible to economic downturns impacting IT spending. Continued focus on integrating acquisitions and adapting to evolving technology trends will be key to its future success.

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Sources and Disclaimers

Data Sources:

  • ASGN Inc. Investor Relations website
  • SEC Filings (10-K, 10-Q)
  • Financial News Outlets (e.g., Bloomberg, Wall Street Journal)
  • Industry Research Reports

Disclaimers:

This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute financial advice. Market share data is an estimate and may not reflect precise current figures. Financial performance metrics should be verified with the latest official company reports.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About ASGN Inc

Exchange NYSE
Headquaters Glen Allen, VA, United States
IPO Launch date 1992-09-22
CEO & Director Mr. Theodore S. Hanson CPA
Sector Technology
Industry Information Technology Services
Full time employees 3200
Full time employees 3200

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. This segment also offers workforce mobilization, modern enterprise, and digital innovation IT consulting services; and cloud, data and analytics, and digital transformation solutions. The Federal Government Segment provides mission-critical solutions to the department of defense, intelligence communities, and federal civilian agencies. This segment offers cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, and science and engineering solutions. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. The company was founded in 1985 and is based in Glen Allen, Virginia.