What Does ASGN Incorporated's (NYSE:ASGN) Share Price Indicate?
Oct 29
U.S. HR Services Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies50
- 7D-8.0%
- 3M-15.4%
- 1Y-13.9%
- YTD-9.8%
Over the last 7 days, the HR Services industry has dropped 8.0%, driven by Automatic Data Processing declining 11%. Overall the industry is down 14% in 12 months. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the U.S. HR Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | US$200.5b | US$86.9b | US$5.8b | 19.3x | 34.3x | 2.3x |
| Thu, 28 Sep 2023 | US$224.4b | US$92.1b | US$6.3b | 19.7x | 35.6x | 2.4x |
| Sat, 26 Aug 2023 | US$236.0b | US$92.0b | US$6.2b | 20.6x | 38.1x | 2.6x |
| Mon, 24 Jul 2023 | US$237.4b | US$91.6b | US$6.2b | 16.9x | 38x | 2.6x |
| Wed, 21 Jun 2023 | US$219.9b | US$91.8b | US$6.3b | 16.3x | 35x | 2.4x |
| Fri, 19 May 2023 | US$210.3b | US$91.7b | US$6.3b | 15.2x | 33.3x | 2.3x |
| Sun, 16 Apr 2023 | US$173.9b | US$87.1b | US$6.0b | 13x | 29x | 2x |
| Tue, 14 Mar 2023 | US$45.2b | US$65.3b | US$1.4b | 12.5x | 32.6x | 0.7x |
| Thu, 09 Feb 2023 | US$49.3b | US$63.7b | US$1.7b | 13.1x | 28.5x | 0.8x |
| Sat, 07 Jan 2023 | US$45.2b | US$64.0b | US$2.1b | 12.2x | 22x | 0.7x |
| Mon, 05 Dec 2022 | US$47.5b | US$63.7b | US$2.7b | 12.5x | 17.3x | 0.7x |
| Wed, 02 Nov 2022 | US$46.9b | US$63.6b | US$2.6b | 10.7x | 18x | 0.7x |
| Fri, 30 Sep 2022 | US$40.9b | US$57.8b | US$2.5b | 10.9x | 16.7x | 0.7x |
| Sun, 28 Aug 2022 | US$45.8b | US$57.6b | US$2.5b | 12.3x | 18.6x | 0.8x |
| Tue, 26 Jul 2022 | US$45.2b | US$57.6b | US$2.2b | 11.6x | 20.3x | 0.8x |
| Thu, 23 Jun 2022 | US$44.0b | US$57.9b | US$2.3b | 10.6x | 19.3x | 0.8x |
| Sat, 21 May 2022 | US$51.9b | US$59.2b | US$2.3b | 12.1x | 22.1x | 0.9x |
| Mon, 18 Apr 2022 | US$60.4b | US$56.9b | US$2.3b | 16.1x | 26.8x | 1.1x |
| Wed, 16 Mar 2022 | US$59.9b | US$57.4b | US$4.9b | 15.7x | 12.1x | 1x |
| Fri, 11 Feb 2022 | US$68.2b | US$58.6b | US$2.1b | 19.5x | 31.9x | 1.2x |
| Sun, 09 Jan 2022 | US$66.4b | US$57.8b | US$2.0b | 20.1x | 33.2x | 1.1x |
| Tue, 07 Dec 2021 | US$69.5b | US$57.6b | US$2.0b | 19.5x | 35.6x | 1.2x |
| Thu, 04 Nov 2021 | US$75.9b | US$57.4b | US$1.9b | 21.1x | 39.8x | 1.3x |
| Sat, 02 Oct 2021 | US$72.3b | US$54.9b | US$1.7b | 25.7x | 43.6x | 1.3x |
| Mon, 30 Aug 2021 | US$69.3b | US$55.3b | US$1.7b | 24.4x | 41x | 1.3x |
| Tue, 06 Jul 2021 | US$62.4b | US$54.8b | US$1.6b | 23x | 39x | 1.1x |
| Fri, 09 Apr 2021 | US$51.9b | US$51.1b | US$999.6m | 25.7x | 51.9x | 1x |
| Thu, 31 Dec 2020 | US$42.6b | US$46.6b | US$511.6m | 22.5x | 83.2x | 0.9x |
Price to Earnings Ratio
43.7x
Current Industry PE
- Investors are relatively neutral on the American Human Resource and Employment Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 36.2x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Human Resource and Employment Services industry have grown 96% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. HR Services compare with similar industries?
| US Market | -2.42% | |
| Industrials | -2.64% | |
| Professional Services | -6.34% | |
| HR Services | -7.97% | |
| Research and Consulting Services | -5.20% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RHI Robert Half | US$74.05 | 2.2% +US$167.5m | -3.2% | PE16.5x | |
| ASGN ASGN | US$81.39 | 3.5% +US$133.1m | -4.0% | PE17.5x | |
| HSII Heidrick & Struggles International | US$24.14 | 2.4% +US$14.2m | -14.3% | PE8.7x | |
| DLHC DLH Holdings | US$13.87 | 5.6% +US$10.3m | 6.5% | PE25.6x | |
| BBSI Barrett Business Services | US$89.04 | 0.6% +US$3.8m | 2.1% | PE12.8x |
