ASGN (NYSE:ASGN) issued an update on its first quarter 2020
After-Hours earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.02-1.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.03. The company issued revenue guidance of $990M – 1 billion, compared to the consensus revenue estimate of $998.61 million.ASGN also updated its Q1 guidance to $1.02-1.09 EPS.
ASGN stock traded down $1.69 during midday trading on Friday, reaching $63.02. The company’s stock had a trading volume of 328,500 shares, compared to its average volume of 226,165. The company has a debt-to-equity ratio of 0.79, a quick ratio of 2.11 and a current ratio of 2.11. The stock has a fifty day simple moving average of $69.58 and a two-hundred day simple moving average of $65.36. ASGN has a 1 year low of $50.33 and a 1 year high of $72.66. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 1.50 and a beta of 2.01.
ASGN (NYSE:ASGN) last released its earnings results on Wednesday, February 12th. The business services provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.05. ASGN had a return on equity of 19.01% and a net margin of 4.74%. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter last year, the firm posted $1.14 earnings per share. The business’s revenue was up 10.3% compared to the same quarter last year. As a group, analysts forecast that ASGN will post 4.64 EPS for the current fiscal year.
ASGN Incorporated provides information technology (IT) and professional staffing services in the technology, digital, creative, engineering, and life sciences fields across commercial and government sectors in the United States and internationally. The company operates through Apex, Oxford, and ECS segments.
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