ASGN Inc (NYSE:ASGN) insider George H. Wilson purchased 3,700 shares of the firm’s stock in a transaction dated Wednesday, November 14th. The stock was acquired at an average cost of $66.76 per share, for a total transaction of $247,012.00. Following the purchase, the insider now owns 3,700 shares in the company, valued at $247,012. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of ASGN stock opened at $67.50 on Monday. ASGN Inc has a 52 week low of $58.84 and a 52 week high of $94.25. The firm has a market capitalization of $3.54 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 1.30 and a beta of 2.00. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 1.02.

ASGN (NYSE:ASGN) last announced its quarterly earnings results on Wednesday, October 24th. The business services provider reported $1.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.10 by $0.20. ASGN had a return on equity of 20.29% and a net margin of 5.69%. The business had revenue of $906.40 million for the quarter, compared to analyst estimates of $892.87 million. During the same quarter in the prior year, the company posted $0.83 EPS. The company’s quarterly revenue was up 35.9% on a year-over-year basis. Equities analysts forecast that ASGN Inc will post 4.39 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. State of Alaska Department of Revenue acquired a new position in ASGN during the 2nd quarter worth about $1,257,000. Xact Kapitalforvaltning AB acquired a new position in ASGN during the 2nd quarter worth about $659,000. Bank of Montreal Can acquired a new position in ASGN during the 2nd quarter worth about $420,000. Winslow Evans & Crocker Inc. acquired a new position in ASGN during the 2nd quarter worth about $154,000. Finally, Louisiana State Employees Retirement System acquired a new position in ASGN during the 2nd quarter worth about $1,720,000. 90.53% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have recently commented on the company. Wells Fargo & Co decreased their price target on ASGN from $96.00 to $82.00 and set an “outperform” rating on the stock in a research note on Thursday, October 25th. Zacks Investment Research raised ASGN from a “hold” rating to a “buy” rating and set a $101.00 price target on the stock in a research note on Wednesday, August 15th. Robert W. Baird reaffirmed a “neutral” rating on shares of ASGN in a research note on Thursday, July 26th. ValuEngine lowered ASGN from a “buy” rating to a “hold” rating in a research note on Saturday, October 6th. Finally, BMO Capital Markets upped their price target on ASGN from $79.00 to $80.00 and gave the company an “outperform” rating in a research note on Thursday, October 25th. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. ASGN has an average rating of “Buy” and a consensus price target of $80.00.

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About ASGN

ASGN Incorporated provides IT and professional services in the technology, creative/digital, engineering, and life sciences fields across commercial and government sectors in the United State and internationally. The company operates through Apex, Oxford, and ECS segments. The Apex segment offers technical, scientific, digital, and creative services and solutions to Fortune 1000 and mid-market clients.

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