ASGN (ASGN)

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

NYSE

Website

asgn.com

CEO

Theodore Hanson

Incorporated

Delaware

Location

Virginia

Fiscal year end

Dec 31

Sector

Administrative and Support and Waste Management and Remediation Services > Employment Placement Agencies

Industry (SIC)

Services - Help Supply Services

ManpowerGroup • Kelly Services • Robert Half International • TTEC • Insperity • TrueBlue • Volt Information Sciences • AMN Healthcare Services • Kforce • Cross Country Healthcares, Inc. - Registered Shares ...

Former names

ON ASSIGNMENT INC

SEC CIK

0000890564

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Apex Systems, LLC • ECS Federal, LLC • Creative Circle, LLC ...

IRS number

954023433

ASGN stock data

1M 1Y 5Y

News

From Benzinga Pro

Recap: ASGN Q2 Earnings

27 Jul 22

ASGN (NYSE:ASGN) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM. Here's what investors need to know about the announcement. Earnings ASGN beat estimated earnings by 3.64%, reporting an EPS of $1.71 versus an estimate of $1.65.

ASGN Q2 EPS $1.71 Beats $1.65 Estimate, Sales $1.14B Beat $1.13B Estimate

27 Jul 22

ASGN (NYSE:ASGN) reported quarterly earnings of $1.71 per share which beat the analyst consensus estimate of $1.65 by 3.64 percent. This is a 29.55 percent increase over earnings of $1.32 per share from the same period

Earnings Scheduled For July 27, 2022

27 Jul 22

Companies Reporting Before The Bell • Equinor (NYSE:EQNR) is projected to report earnings for its second quarter.

Truist Cuts ASGN Price Target By 27% - Read Why

14 Jun 22

4 Analysts Have This to Say About ASGN

14 Jun 22

Press releases

From Benzinga Pro

ECS Names John Roman Vice President of Contracts and Procurement

3 Aug 22

Company to expand contract and procurement teams ECS, a leader in advanced technology, science, and engineering solutions, announced that John Roman has been named vice president (VP) of contracts and procurement. In

ASGN Incorporated Reports Second Quarter 2022 Results

27 Jul 22

Financial Results Exceeded Previously-announced Guidance Estimates ASGN Incorporated (NYSE:ASGN), a leading provider of IT services and solutions, including technology and creative digital marketing, across the

ASGN Incorporated Announces Closing of the Acquisition of GlideFast Consulting

6 Jul 22

ASGN Incorporated (NYSE:ASGN), a leading provider of IT services and solutions, including technology and creative digital marketing, across the commercial and government sectors, announced today that it has closed its

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

Last 3 months

Average target

$100.75

Low target

$90.00

High target

$110.00

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

8 Aug 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart ASGN financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
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

Beta Read what these cash burn values mean

Financial data from ASGN earnings reports.

Recent insider trades

ASGN insider ownership history Insider history

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

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

ASGN institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

CMTSU Liquidation

Risks

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

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