ASGN Incorporated (ASGN) Stock Analysis
DELISTED 2026
What happened to ASGN Incorporated (ASGN) stock?
ASGN Incorporated (ASGN) no longer trades on public markets. It was delisted in April 2026. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
ASGN Incorporated (ASGN) trades at $20.96. ASGN Incorporated provides IT services and professional solutions across technology, digital, and creative sectors. Market cap: $895M, Sector: Technology.
Last analyzed: May 10, 2026ASGN stock analysis for 2026: Analysts have set a consensus price target of $58.60 for ASGN Incorporated, suggesting 179.6% upside from the current price of $20.96. Key factors: analyst coverage, company fundamentals.
ASGN: 1/2 scored disciplines lean bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →ASGN Incorporated (ASGN) Technology Profile & Competitive Position
ASGN Incorporated delivers specialized IT services and solutions, focusing on technology, digital, and creative fields. Operating through commercial and federal government segments, ASGN serves Fortune 1000 clients and government agencies with consulting, digital marketing, and IT modernization solutions, positioning itself in a competitive IT services market.
What Is the Investment Thesis for ASGN?
ASGN Incorporated presents a compelling investment case based on its strategic positioning in the growing IT services market. With a market capitalization of $895M and a P/E ratio of 8.6, ASGN demonstrates a potentially undervalued profile. The company's focus on both commercial and federal government sectors provides diversification and stability. Key value drivers include the increasing demand for digital transformation and IT modernization services, particularly within the federal government. A gross margin of 27.7% indicates solid profitability, although the profit margin of 2.5% suggests room for improvement. Growth catalysts include expanding its service offerings in high-demand areas like AI and cybersecurity. Potential risks include increased competition and economic downturns affecting IT spending.
Based on FMP financials and quantitative analysis
ASGN Key Highlights
Market Cap of $895M indicates a significant presence in the IT services market.
- P/E Ratio of 8.6 suggests potential undervaluation compared to industry peers.
- Gross Margin of 27.7% reflects solid profitability in service delivery.
- Profit Margin of 2.5% indicates areas for operational efficiency improvement.
- Beta of 0.88 suggests lower volatility compared to the broader market.
Who Are ASGN's Competitors?
ASGN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| VRRM Verra Mobility Corporation | $4.66 | +0.22% | $708M | 56 |
| TASK TaskUs, Inc. | $7.76 | -3.96% | $700M | 79 |
| GDYN Grid Dynamics Holdings, Inc. | $7.98 | +4.04% | $647M | 76 |
| CRAYF Crayon Group Holding ASA | $13.85 | -4.94% | $1.24B | 52 |
| DTSOF DTS Corporation | $7.99 | +0.00% | $1.25B | 52 |
| DLGEF Digital Garage, Inc. | $13.77 | +0.00% | $635M | 57 |
| CLVT Clarivate Plc | $2.07 | +1.47% | $1.32B | 53 |
| NDTAF Northern Data AG | $9.25 | +0.00% | $594M | 57 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ASGN's Key Strengths?
Diversified service offerings across commercial and government sectors.
- Established relationships with Fortune 1000 clients and federal agencies.
- Expertise in high-growth areas such as cloud computing and cybersecurity.
- Strong reputation for delivering mission-critical IT solutions.
What Are ASGN's Weaknesses?
Relatively low profit margin compared to industry peers (2.5%).
- Dependence on project-based revenue, which can be cyclical.
- Potential vulnerability to economic downturns affecting IT spending.
- Limited proprietary technology solutions compared to some competitors.
What Could Drive ASGN Stock Higher?
Continued expansion of cybersecurity service offerings to capitalize on growing demand.
- Increasing adoption of AI and machine learning solutions across various industries.
- Federal government IT modernization initiatives driving demand for ASGN's services.
- Potential strategic acquisitions to expand service offerings and geographic reach.
- Development of proprietary technology solutions to differentiate ASGN from competitors.
What Are the Key Risks for ASGN?
Financial-distress signal — its Altman Z-Score of 1.72 sits in the distress zone (elevated bankruptcy risk).
- Intense competition from large multinational corporations and niche service providers.
- Rapid technological advancements requiring continuous innovation and investment.
- Budget cuts in federal government IT spending affecting contract opportunities.
- Economic downturns affecting commercial client IT investments and project demand.
- Integration challenges associated with strategic acquisitions and partnerships.
What Are the Growth Opportunities for ASGN?
- Expansion in Cybersecurity Services: The increasing frequency and sophistication of cyber threats drive significant demand for cybersecurity solutions. ASGN can capitalize on this by expanding its cybersecurity service offerings to both commercial and federal clients. The global cybersecurity market is projected to reach $345 billion by 2026, presenting a substantial growth opportunity for ASGN.
- Increased Focus on Artificial Intelligence and Machine Learning: The adoption of AI and machine learning technologies is rapidly growing across various industries. ASGN can leverage its expertise to provide AI-driven solutions, including data analytics, automation, and predictive modeling.
- Penetration of the Federal Government Sector: The U.S. federal government is increasingly investing in IT modernization and digital transformation initiatives. ASGN's established presence and expertise in serving federal agencies position it to secure additional contracts and expand its market share. Federal IT spending is projected to reach $110 billion in 2026, providing a stable and lucrative market for ASGN.
- Strategic Acquisitions and Partnerships: ASGN can pursue strategic acquisitions and partnerships to expand its service offerings, geographic reach, and client base. This includes acquiring companies with complementary capabilities in areas such as cloud computing, data analytics, and digital marketing. Strategic alliances can also enhance ASGN's competitive position and accelerate its growth trajectory.
- Development of Proprietary Technology Solutions: Investing in the development of proprietary technology solutions can differentiate ASGN from its competitors and create new revenue streams. This includes developing specialized software platforms, data analytics tools, and cybersecurity products. Proprietary solutions can enhance ASGN's value proposition and attract clients seeking innovative and customized solutions.
What Are ASGN's Competitive Advantages?
- Established relationships with Fortune 1000 clients.
- Expertise in serving the U.S. federal government.
- Diversified service offerings across technology, digital, and creative fields.
- Strong reputation for delivering mission-critical IT solutions.
What Does ASGN Do?
ASGN Incorporated, established in 1985 and formerly known as On Assignment, Inc. until its rebranding in April 2018, is a prominent provider of information technology services and professional solutions. Headquartered in Glen Allen, Virginia, the company operates across the technology, digital, and creative sectors, serving both commercial and government clients throughout the United States. ASGN is structured into two primary segments: Commercial and Federal Government. The Commercial segment offers a range of services, including consulting, creative digital marketing, and permanent placement solutions, primarily catering to Fortune 1000 and mid-market clients. These services extend to workforce mobilization, modern enterprise solutions, digital innovation IT consulting, and advanced solutions in cloud computing, data analytics, and digital transformation. The Federal Government segment focuses on delivering mission-critical solutions to the Department of Defense, intelligence agencies, and various civilian agencies. This includes providing expertise in cloud computing, cybersecurity, artificial intelligence, machine learning, application and IT modernization, and science and engineering solutions. ASGN's comprehensive service portfolio and strategic focus on high-growth areas have solidified its position as a key player in the IT services industry.
What Products and Services Does ASGN Offer?
- Provides IT consulting services to commercial clients.
- Offers creative digital marketing solutions.
- Provides permanent placement services for IT professionals.
- Delivers workforce mobilization and modern enterprise solutions.
- Offers cloud, data analytics, and digital transformation solutions.
- Provides mission-critical IT solutions to the Department of Defense.
- Serves intelligence and civilian agencies with specialized IT services.
How Does ASGN Make Money?
- Generates revenue through consulting and project-based IT services.
- Earns income from permanent placement fees for IT professionals.
- Secures contracts with federal government agencies for IT solutions.
- Provides recurring revenue through managed IT services and support.
What Industry Does ASGN Operate In?
ASGN Incorporated operates within the expansive and dynamic information technology services industry. The market is characterized by rapid technological advancements, increasing demand for digital transformation, and a growing need for cybersecurity solutions. The competitive landscape includes large multinational corporations, niche service providers, and specialized government contractors. ASGN's focus on both commercial and federal sectors allows it to capitalize on diverse market opportunities. The industry is projected to continue its growth trajectory, driven by cloud computing, AI, and data analytics, positioning ASGN for sustained expansion.
Who Are ASGN's Key Customers?
- Fortune 1000 companies seeking IT consulting and digital transformation.
- Mid-market clients requiring IT support and solutions.
- U.S. Department of Defense and intelligence agencies.
- Civilian agencies needing IT modernization and cybersecurity services.
ASGN Incorporated Financial Trajectory
ASGN Incorporated (ASGN) reported $1.01B in revenue for Q2 2026, reflecting 4.0% growth compared to the prior quarter. The company recorded net income of $14.2M, with diluted EPS of $0.35. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Technology. Across the four most recent quarters, ASGN averaged $0.48 in diluted EPS.
Company Profile
ASGN Incorporated operates in the Information Technology Services industry within the Technology sector. It is headquartered in Glen Allen, US. The company is led by CEO Theodore S. Hanson. ASGN has traded publicly since 1992.
How ASGN Incorporated Is Valued
ASGN Incorporated carries a market capitalization of $895M, placing it in the small-cap category.
Key Financial Metrics
Return on equity for ASGN Incorporated stands at 5.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.7%, showing how much profit it generates from its asset base. ASGN trades at a trailing price-to-earnings ratio of 8.55, below the Technology sector average of ~34x. Its free cash flow yield is 34.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.16 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 11.7%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
ASGN Incorporated's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.72 places it in the distress zone, a signal of elevated financial risk.
Forward Outlook
Wall Street analysts project ASGN Incorporated revenue of about $3.97B for fiscal 2026, with EPS near $3.62. The estimate reflects 5 contributing analysts.
ASGN Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in ASGN's future performance, indicating that leadership believes in the company's growth potential.
- Community sentiment has shifted positively, with discussions highlighting ASGN's strong position in the staffing industry, especially in tech sectors.
- Analysts have noted ASGN's resilience in adapting to market changes, which has been appreciated by investors looking for stability.
- The company's recent contract wins have bolstered its reputation, leading to increased optimism among shareholders and potential investors.
Bear Case
- Despite recent positive sentiment, some investors remain cautious due to ongoing economic uncertainties that could impact staffing demand.
- There are concerns about potential labor market fluctuations, which could affect ASGN's revenue streams in the near term.
- Negative discussions in certain forums indicate skepticism about ASGN's ability to maintain its growth trajectory amidst rising competition.
- Recent layoffs in the tech sector have raised red flags about ASGN's client base, leading to worries about future contract renewals and revenue stability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $1.01B | $14M | $0.35 |
| Q1 2026 | $968M | $6M | $0.13 |
| Q4 2025 | $980M | $25M | $0.59 |
| Q3 2025 | $1.01B | $38M | $0.87 |
Based on FMP financials and quantitative analysis
ASGN Latest News
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Stocks That Hit 52-Week Highs On Tuesday
· Dec 16, 2019
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Stocks That Hit 52-Week Highs On Friday
· Dec 13, 2019
Leadership: Theodore S. Hanson
CEO
Theodore S. Hanson serves as the CEO of ASGN Incorporated, managing a workforce of 3200 employees. His career spans several leadership roles within the technology and IT services sectors. Prior to joining ASGN, Hanson held executive positions at leading consulting firms, where he focused on driving growth and innovation. He holds an MBA from a top-tier business school and a Bachelor's degree in Computer Science. Hanson's expertise lies in strategic planning, operational excellence, and client relationship management.
Track Record: Under Theodore S. Hanson's leadership, ASGN Incorporated has focused on expanding its service offerings in high-growth areas such as cloud computing, cybersecurity, and artificial intelligence. He has overseen strategic acquisitions to enhance the company's capabilities and market presence. Hanson has also emphasized strengthening relationships with key clients in both the commercial and federal government sectors, contributing to sustained revenue growth and profitability.
ASGN Incorporated Technology Stock: Key Questions Answered
What happened to ASGN Incorporated (ASGN) stock?
ASGN Incorporated (ASGN) no longer trades on public markets. It was delisted in April 2026. The figures below are historical and are not a current quote.
Can I still buy ASGN shares?
No. ASGN stopped trading on public markets in April 2026, so the shares are not available through a broker. Anything you see quoted for ASGN elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before ASGN stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to ASGN Incorporated. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does ASGN Incorporated do?
ASGN Incorporated is a leading provider of information technology services and professional solutions, operating through two segments: Commercial and Federal Government. The company offers consulting, creative digital marketing, and permanent placement services to Fortune 1000 and mid-market clients. It also delivers mission-critical IT solutions to the Department of Defense, intelligence agencies, and civilian agencies.
What do analysts say about ASGN stock?
Analyst consensus on ASGN Incorporated reflects a generally positive outlook, driven by the company's strategic positioning in the growing IT services market and its diversified revenue streams. Key valuation metrics, such as the P/E ratio of 8.6, suggest potential undervaluation compared to industry peers.
What are the main risks for ASGN?
The main risks for ASGN Incorporated include intense competition from larger IT service providers, rapid technological advancements requiring continuous investment in innovation, and potential budget cuts in federal government IT spending. Economic downturns could also affect commercial client IT investments, reducing project demand. Integration challenges associated with strategic acquisitions and partnerships pose another risk.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-05-10.
- Financial metrics are based on the most recent available reports.