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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for ASGN Inc. To summarize, we found that ASGN Inc ranked in the 72th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 224.5% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for ASGN, they are:
In the past 5.7 years, ASGN Inc has a compound free cash flow growth rate of 0.33%; that's higher than 71.24% of free cash flow generating stocks in the Industrials sector.
ASGN Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 17.58% 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 73.47% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of ASGN Inc? See MEC, QUAD, MAN, PRG, and IESC.
ASGN, Inc. (ASGN) Q2 2020 Earnings Conference Call July 29, 2020, 17:00 ET Company Participants Kimberly Esterkin - ADDO Investor Relations Theodore Hanson - CEO, President & Director Edward Pierce - EVP & CFO Randolph Blazer - President, Apex Systems, LLC George Wilson - CEO & President Conference Call Participants...
Shares of ASGN (NYSE:ASGN) fell 5.43% in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 0.85% year over year to $1.17, which beat the estimate of $0.87.Revenue of $936,800,000 decreased by 3.65% year over year, which beat the estimate of $898,890,000.Looking Ahead Q3 EPS expected between $1.04 and $1.14.Q3 revenue expected to be between $913,000,000 and $938,000,000.Conference Call Details Date: Jul 29, 2020View more earnings on ASGNTime: 05:00 PMET Webcast URL: http://public.viavid.com/player/index.php?id=140185Price Action 52-week high: $72.66Company's 52-week low was at $29.04Price action over last quarter: Up 29.58%Company Overview ASGN, formerly On Assignment, is a global provider of skilled professional staffing in the...