How do I set a price alert for ASGN?

To set a ASGN price alert on Stock Alarm Pro, navigate to the ASGN quote page, select "Set Alert," choose your trigger type (price target, % move, RSI level, MACD, or volume breakout), and set your delivery channel. Stock Alarm Pro supports instant push notifications, SMS, and automated phone call alerts.

Can I get phone call alerts for ASGN?

Yes. Stock Alarm Pro provides real-time automated phone call alerts for ASGN. Phone call alerts ensure you are immediately awakened or interrupted during critical volatility events, overnight earnings moves, or strict stop-loss levels when silent push notifications might be overlooked.

What types of alerts can I set for Asgn Inc?

Stock Alarm Pro supports over 125 trigger types for ASGN: price target alerts (above/below target), intraday percentage moves, RSI overbought/oversold levels, 50-day and 200-day moving average crossovers (golden cross / death cross), relative volume (RVOL) spikes, confirmed earnings date releases, and SEC Form-4 insider transaction filings.

How quickly will I be notified about ASGN price changes?

ASGN alerts are evaluated continuously in real-time against live market telemetry. Notifications are dispatched within sub-second latency via push notifications, SMS, or phone calls as soon as your trigger condition is met across regular, pre-market, and after-hours trading sessions.

Is Stock Alarm Pro free to use for ASGN alerts?

Yes, Stock Alarm Pro offers a free tier that includes 3 active price alerts for ASGN and other stocks. Full Pro membership is $20/month or $168/year with a 7-day free trial, unlocking unlimited alerts, phone call delivery, SMS, all 125+ technical indicators, institutional screeners, and real-time market telemetry across web, iOS, and Android.

ASGN Company Intelligence - Business Model, Drivers & Risks

ASGN Incorporated(ASGN)

$20.96—Stale · unknown old

WatchlistAsk AI Chart

ASGN Incorporated(ASGN)

NYSE • Last print unknown agoAbout this data

$20.96—Stale · unknown old

WatchlistAsk AI Chart Studio

ASGN(ASGN)

ASGN

ASGN Incorporated is a $4.0B revenue IT staffing and consulting firm operating through two primary segments: commercial IT staffing (Apex Systems brand) and federal government IT services (ECS segment). The company provides contract technology professionals, project-based consulting, and managed services to Fortune 1000 clients and federal agencies, with revenue heavily dependent on corporate IT spending cycles and federal budget allocations.

TechnologyIT Staffing & Professional Servicesmoderate - The business has meaningful fixed costs in corporate infrastructure, recruiting technology, and sales teams, but variable costs scale with revenue through contractor compensation (largest expense). The 6.5% operating margin suggests limited operating leverage as the company must invest in talent acquisition and account management to grow. Economic downturns quickly compress margins as bill rate premiums narrow and utilization rates decline.

Business Overview

01Commercial IT staffing and contract placements (~65-70% of revenue, primarily through Apex Systems brand)

02Federal government IT services and consulting (~25-30% via ECS segment, including DoD, intelligence agencies)

03Permanent placement fees and project-based consulting (~5-10%)

ASGN generates revenue by placing contract IT professionals at client sites and charging hourly bill rates that exceed the pay rates to contractors, capturing a gross margin spread of approximately 27%. The business model relies on maintaining large databases of qualified IT talent, strong client relationships with enterprise buyers, and efficient recruiting operations. Pricing power is moderate, constrained by competition from other staffing firms and offshore providers. The federal segment operates on longer-term contracts with more stable but lower margins. Operating leverage is moderate as the company must scale recruiting and sales headcount with revenue, though technology platforms provide some efficiency gains.

What Moves the Stock

Corporate IT spending trends and enterprise technology project budgets, particularly among Fortune 1000 clients

Federal government IT budget allocations and contract award timing, especially defense and intelligence spending

Bill rate vs. pay rate spreads (gross margin compression or expansion based on labor market tightness)

Consultant utilization rates and average hours worked per contractor (demand signal)

M&A activity in fragmented staffing industry and potential for consolidation or divestitures

Watch on Earnings

Revenue growth by segment (Commercial vs. Federal) and organic vs. inorganic contributionsGross margin trends and bill/pay rate spread dynamicsConsultant headcount, utilization rates, and average bill ratesDays sales outstanding (DSO) and working capital efficiencyEBITDA margin and free cash flow conversion rates

Risk Factors

Offshore competition and labor arbitrage as clients shift IT work to lower-cost geographies (India, Eastern Europe), compressing domestic staffing demand and bill rates

Automation and AI-driven productivity gains reducing demand for contract IT labor, particularly in routine software development, testing, and infrastructure roles

Direct hiring trends as companies build internal talent acquisition capabilities and reduce reliance on third-party staffing intermediaries

Intense competition from larger diversified staffing firms (Manpower, Robert Half), specialized IT staffing competitors (TEKsystems, Modis), and offshore providers (Cognizant, Infosys) creating pricing pressure

Low switching costs for clients and commoditization of staffing services limiting pricing power and client retention

Talent acquisition challenges in tight labor markets as ASGN competes with direct employers and other staffing firms for qualified IT professionals

Debt service obligations with 0.65x debt/equity ratio in rising rate environment, though manageable given 15% FCF yield

Working capital strain during revenue growth periods requiring increased receivables financing, with DSO management critical to liquidity

Potential goodwill impairment risk from past acquisitions if commercial segment continues underperforming

StructuralCompetitiveBalance Sheet

Macro Sensitivity

Economic Cycle

high - IT staffing is highly cyclical and among the first expenses corporations cut during economic slowdowns. Demand correlates directly with corporate confidence, technology project spending, and digital transformation initiatives. The -2.9% revenue decline and -35% net income drop reflect current weakness in enterprise IT budgets. Federal segment provides partial buffer but commercial staffing (70% of revenue) is extremely GDP-sensitive.

Interest Rates

Rising interest rates negatively impact ASGN through multiple channels: (1) higher corporate borrowing costs reduce client IT budgets and discretionary project spending, (2) technology sector weakness (primary client base) as growth stocks underperform in high-rate environments, (3) increased debt service costs on ASGN's 0.65x debt/equity balance sheet, and (4) valuation multiple compression as investors demand higher returns. The 0.5x P/S ratio suggests the market is pricing in continued rate-driven headwinds.

Credit

Moderate credit exposure through client payment risk and working capital requirements. IT staffing requires ASGN to pay contractors bi-weekly while collecting from clients on 30-60 day terms, creating significant receivables exposure. Tightening credit conditions increase client payment delays and bad debt risk, particularly among mid-market technology clients. The 0.00 current ratio (likely data anomaly, but working capital intensity is real) highlights liquidity management importance.

Live Conditions

Nasdaq 100 FuturesS&P 500 Futures

Profile

value - The 0.5x P/S, 1.0x P/B, and 7.2x EV/EBITDA valuations with 15% FCF yield attract deep value investors betting on cyclical recovery in IT spending. The -39.5% one-year return and depressed multiples suggest the market is pricing in structural challenges, creating potential for contrarian value plays if commercial IT spending stabilizes. Not suitable for growth or dividend investors given negative revenue growth and likely modest dividend yield.

high - As a cyclical staffing business with high operating leverage to corporate IT budgets, ASGN exhibits significant volatility. The -39.5% one-year return and -16.6% six-month return demonstrate downside volatility during economic uncertainty. Small-cap status ($1.9B market cap) and limited institutional ownership likely amplify price swings. Beta likely exceeds 1.5x relative to broader market.

Key Metrics to Watch

Federal Funds Rate and 10-year Treasury yield trends (impact corporate IT spending budgets)

Technology sector employment trends and IT job openings data (demand signal for staffing services)

Federal defense and intelligence budget appropriations (drives ECS segment revenue)

Nonfarm payrolls and unemployment rate (labor market tightness affects recruiting costs and bill/pay spreads)

Industrial production and business confidence indices (leading indicators for corporate IT project spending)

Competitor quarterly results and margin trends (industry health check)

debt M&A free cash flow margin expansion operating leverage

Explore More

Technology Stocks

More Technology stocks

Stock Comparison

Compare equities side by side

52-Week Highs Breakout

Stocks breaking to new annual highs

52-Week Lows Oversold

S&P 500 oversold value screener

Trending Momentum

Relative strength momentum leaders

Earnings Calendar

Upcoming earnings dates & reports

S&P 500 Screener

Filter and sort all 500 stocks

Strategy Focus List

Continuous multi-factor scoring & catalyst forensics

Market Movers

Today's biggest gainers and losers