ASGN Incorporated is a global provider of in-demand, skilled professionals in the growing life sciences and technology sectors. The company was founded in 1985 and is based in Calabasas, California.
ASGN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ASGN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that ASGN Inc ranked in the 68th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 122.33%. As for the metrics that stood out in our discounted cash flow analysis of ASGN Inc, consider:
As a business, ASGN is generating more cash flow than 69.77% of positive cash flow stocks in the Industrials.
ASGN Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 19.21% of tickers in our DCF set.
ASGN Inc's effective tax rate, as measured by taxes paid relative to net income, is at 18 -- greater than 72.91% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ICFI, QUAD, NES, BV, and LII can be thought of as valuation peers to ASGN, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
RICHMOND, Va.–(BUSINESS WIRE)–ASGN Incorporated (NYSE: ASGN) announced today that it expects to release its fourth quarter and full year 2020 financial results on Wednesday, February 10, 2021 at approximately 4:15 p.m. EST to be followed by its regular quarterly conference call later that day at 4:30 p.m. EST hosted by Ted Hanson, Chief Executive Officer… Read More »ASGN Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call
Your money can be inflated away but your knowledge and talent cannot." - Warren Buffett Businesses are constantly evolving, and these days, that is often done with technology. Not every company has the talent, or enough talent, to do so and that is where ASGN Incorporated (ASGN) can help. ASGN...
Michael A. Gayed, CFA on Seeking Alpha | December 28, 2020
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]