ASGN Inc. (ASGN)
NYSEInformation TechnologyInformation Technology ServicesSnapshot 2026-09-04
$32.27-1.38%
Close 2026-08-13 · 1-day change
NYSEInformation TechnologyInformation Technology ServicesSnapshot 2026-09-04
Broken: Primary pillar broken — Keep gross margin between 28.3% and 28.7% next quarter: 28.3% vs 28.3% target.
ASGN keeps revenue near $970M to $1,000M next quarter. Gross margin stays around 28.5%. Cash from operations is growing, reaching $18.5M in Q1. The company shows steady profit and good cash flow.
The stock is down over 50% recently, showing market doubts. Profit margins could shrink below 28%. Revenue might fall below $970M. Cash flow growth could stall or reverse.
The recent sharp selloff suggests the market is worried about ASGN's near-term performance. Our view is cautious, expecting the company to meet guidance but acknowledging risks to margins and revenue.
Breaks if: Cash from operations falls below $18.5M over next year
ASGN is focused on increasing cash generated from operating activities.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable growth opportunity with a focus on maintaining revenue and cash generation. The current thesis state is intact, supported by recent financial performance that is above the industry average.
The market currently prices ASGN as justified, with a low fragility tier indicating stability. Valuation is considered cheap compared to peers, suggesting that expectations are somewhat aligned with the company's performance.
Management is on track to maintain revenue guidance and increase cash from operations. However, gross margin performance is mixed, which could impact overall financial health in the near term.
Key factors include the potential for the Federal Reserve to cut interest rates, which could benefit ASGN, and the performance of major tech companies like IBM and ACN. Additionally, any cuts to guidance in future calls could negatively affect sentiment.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 3 of last 3 quarters. Cash from operating activities increased to $18.5M in 2026-Q1 from $16.8M in 2025-Q1. The company is making progress in increasing its cash generation from operations, indicating positive trajectory.
“Cash from operating activities increased to $18.5M in 2026-Q1.”
“Cash from operating activities was $102.3M.”
“Cash from operating activities was $83.9M.”
Breaks if: Gross margin falls below 28.3% next quarter
ASGN targets a gross margin between 28.3% and 28.7% for the upcoming quarter.
Stated in 3 of last 3 quarters. Gross profit was $266.6M in 2026-Q1. The company has been maintaining its gross margin within the guidance range, showing consistent delivery on this priority.
“Gross margin 28.7 % 29.1 %”
“Gross margin 28.8 % 29.3 %”
“Gross margin 29.3 % 29.6 %”
Breaks if: Revenue falls below $970M next quarter
ASGN aims to keep its revenue within the range of $970 million to $1,000 million.
Stated in 3 of last 3 quarters. Revenue was $968.3M in 2026-Q1, within the guidance range. The company has consistently maintained its revenue within the projected range, indicating delivering on this priority.
“The Company's financial estimates for the first quarter of 2026... Revenues $ 960.0 $ 980.0”
“ASGN reconfirmed today that it expects revenues will be at the high end of the previously announced guidance range of $960 million to $980 million.”
“The Company's financial estimates for the third quarter of 2025... Revenues $ 992.0 $ 1,012.0”
Over the next one to three years, ASGN's performance will depend on external economic factors and management's ability to meet its guidance. Not investment advice.