ECS, a segment of ASGN, delivers advanced solutions in cloud, cybersecurity, artificial intelligence (AI), machine learning (ML), application and IT modernization, science, and engineering. The company solves critical, complex challenges for customers across the U.S. public sector, defense, intelligence, and commercial industries. ECS maintains partnerships with leading cloud, cybersecurity, and AI/ML providers and holds specialized certifications in their technologies. Headquartered in Fairfax, Virginia, ECS has more than 3,000 employees throughout the United States.

Company profile
Ticker
ASGN
Exchange
Website
CEO
Theodore Hanson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ON ASSIGNMENT INC
SEC CIK
Corporate docs
Subsidiaries
Apex Systems, LLC • ECS Federal, LLC • Creative Circle, LLC ...
IRS number
954023433
ASGN stock data
Press releases
ECS Names John Roman Vice President of Contracts and Procurement
3 Aug 22
ASGN Incorporated Reports Second Quarter 2022 Results
27 Jul 22
ASGN Incorporated Announces Closing of the Acquisition of GlideFast Consulting
6 Jul 22
ECS Awarded $49M Contract by US Army in Support of Network Transformation
23 Jun 22
ECS Awarded Recompete BPA in Support of NOAA OMAO
15 Jun 22
Analyst ratings and price targets
Current price
Average target
$100.75
Low target
$90.00
High target
$110.00
Truist Securities
Maintains
$110.00
Jefferies
Maintains
$101.00
BMO Capital
Downgraded
$102.00
Credit Suisse
Downgraded
$90.00
Investment data
Securities sold
Number of investors
Calendar
8 Aug 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 490.6M | 490.6M | 490.6M | 490.6M | 490.6M | 490.6M |
Cash burn (monthly) | 3.93M | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 5.72M | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 484.88M | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 123.3 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Jul 22 | Hanson Theodore S. | Common Stock | Payment of exercise | Dispose F | No | No | 91.09 | 1,939 | 176.62K | 254,699 |
17 Jun 22 | Hawthorne Maria R | Common Stock | Payment of exercise | Dispose F | No | No | 79.74 | 228 | 18.18K | 2,104 |
10 Feb 22 | Edward L Pierce | Common Stock | Payment of exercise | Dispose F | No | No | 111.94 | 918 | 102.76K | 86,146 |
10 Feb 22 | Edward L Pierce | Common Stock | Grant | Acquire A | No | No | 0 | 2,332 | 0 | 87,064 |
10 Feb 22 | Edward L Pierce | Common Stock | Payment of exercise | Dispose F | No | No | 111.94 | 573 | 64.14K | 84,732 |
10 Feb 22 | Edward L Pierce | Common Stock | Grant | Acquire A | No | No | 0 | 1,456 | 0 | 85,305 |
10 Feb 22 | Blazer Randolph C | Common Stock | Payment of exercise | Dispose F | No | No | 111.94 | 1,719 | 192.42K | 113,216 |
10 Feb 22 | Blazer Randolph C | Common Stock | Grant | Acquire A | No | No | 0 | 3,560 | 0 | 114,935 |
10 Feb 22 | Blazer Randolph C | Common Stock | Payment of exercise | Dispose F | No | No | 111.94 | 8,894 | 995.59K | 111,375 |
10 Feb 22 | Blazer Randolph C | Common Stock | Grant | Acquire A | No | No | 0 | 36,825 | 0 | 120,269 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Financial report summary
?Competition
CMTSU LiquidationRisks
- An impairment in the carrying amount of goodwill and other intangible assets could require a write down that materially and adversely affects our results of operations and net worth.
- We are required to comply with numerous laws and regulations related to government contracts, some of which are complex, and our failure to comply could result in fines or civil or criminal penalties, or suspension or debarment, which could materially and adversely affect our results of operations.
- Changes in U.S. government spending or budgetary priorities, the failure of government budgets to be approved on a timely basis, or delays in contract awards and other procurement activity may significantly and adversely affect our future financial results.
- Audits by U.S. government agencies for contracts with federal government clients could result in unfavorable audit results that could subject us to a variety of penalties and sanctions and could harm our reputation and relationships with our customers and adversely impact results of operations.
- Our business is subject to disruptions and other risks of health crises, earthquakes, fire, floods and other catastrophic events.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
duration, Elite, firm, GlideFast, insignificant, license, reduced, remaining, resale, ServiceNow, subsequent, suspended
Removed:
conform, determination, Global, headcount, noted, present, prior, recently, relate, Retrospective, support, unit
Financial reports
Current reports
8-K
Departure of Directors or Certain Officers
9 Aug 22
8-K
ASGN Incorporated Reports Second Quarter 2022 Results
28 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
21 Jun 22
8-K
ASGN Incorporated Reports First Quarter 2022 Results
28 Apr 22
8-K
ASGN Incorporated Reports Fourth Quarter and Full Year 2021 Financial Results
9 Feb 22
8-K
ASGN Incorporated Announces Key Leadership Updates
4 Jan 22
8-K
ASGN Incorporated Reports Third Quarter 2021 Results
28 Oct 21
8-K
ASGN Incorporated Reports Second Quarter 2021 Results
28 Jul 21
8-K
ASGN Announces Agreement to Sell Oxford Global Resources
1 Jul 21
8-K
ASGN Announces Appointment of Maria R. Hawthorne to
21 Jun 21
Registration and prospectus
S-8
Registration of securities for employees
9 Jun 21
S-8
Registration of securities for employees
16 Aug 19
S-8
Registration of securities for employees
26 Mar 18
D
$30M in equity, sold $30M, 4 investors
15 Jun 15
S-8
Registration of securities for employees
4 Jun 15
S-8
Registration of securities for employees
12 Jun 13
424B3
Prospectus supplement
13 Sep 12
S-8
Registration of securities for employees
11 Sep 12
424B3
Prospectus supplement
9 Sep 12
25
Voluntary exchange delisting
29 Aug 12
Other
CT ORDER
Confidential treatment order
14 Jun 18
UPLOAD
Letter from SEC
18 Sep 16
CORRESP
Correspondence with SEC
8 Sep 16
UPLOAD
Letter from SEC
22 Aug 16
CT ORDER
Confidential treatment order
29 Jun 15
CERTNYS
Certification of approval for NYSE listing
22 Aug 12
EFFECT
Notice of effectiveness
24 Jun 12
EFFECT
Notice of effectiveness
29 May 12
CORRESP
Correspondence with SEC
12 Apr 12
UPLOAD
Letter from SEC
12 Apr 12
Ownership
3
ASGN / Marie Perry ownership change
8 Aug 22
4
ASGN / Theodore S. Hanson ownership change
11 Jul 22
4
ASGN / MARIA R HAWTHORNE ownership change
21 Jun 22
4
ASGN / EDWARD L PIERCE ownership change
14 Feb 22
4
ASGN / RANDOLPH C BLAZER ownership change
13 Feb 22
4
ASGN / George H Wilson ownership change
13 Feb 22
4
ASGN / Jennifer Hankes Painter ownership change
13 Feb 22
4
ASGN / Theodore S. Hanson ownership change
13 Feb 22
SC 13G/A
ASGN / VANGUARD ownership change
9 Feb 22
SC 13G/A
ASGN / FMR ownership change
9 Feb 22
Transcripts
2022 Q2
Earnings call transcript
30 Jul 22
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
10 Feb 22
2021 Q3
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
29 Jul 21
2021 Q1
Earnings call transcript
29 Apr 21
2020 Q4
Earnings call transcript
11 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
30 Jul 20
2020 Q1
Earnings call transcript
3 May 20
Reddit threads
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
DocuSign Earnings Spook Investors, Consumer Prices Unexpectedly Rise; Stocks Fall as Lows Outpace Highs
10 Jun 22
Pre-market summary - June 2
2 Jun 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - February 9th, 2022
9 Feb 22
Daily Discussion Thread - February 8th, 2022
8 Feb 22