Investors evaluating technology stocks may find a significant disparity in performance between ASGN Incorporated and Datasea Inc.. A recent analysis highlights that ASGN, trading on the NYSE, demonstrates stronger profitability and institutional support compared to its counterpart on NASDAQ, Datasea.
Financial Performance Overview
In terms of revenue and earnings, ASGN reported a gross revenue of $4.00 billion with a price-to-sales ratio of 0.53. In contrast, Datasea generated $71.62 million in revenue, with a price-to-sales ratio of 0.22. Furthermore, ASGN’s net income stands at $175.20 million, resulting in earnings per share of $3.16 and a price-to-earnings ratio of 15.19. Datasea, meanwhile, reported a net loss of $5.09 million and lacks earnings per share data due to negative profitability.
The financial data reflects a broader narrative, with ASGN significantly outperforming Datasea across key metrics.
Ownership and Analyst Insights
Institutional ownership plays a pivotal role in assessing stock performance. Approximately 95.4% of ASGN shares are held by institutional investors, indicating strong confidence from the investment community. In contrast, Datasea has 82.1% of its shares held by institutions, with 50.7% of shares owned by insiders. This suggests a more considerable insider commitment to Datasea compared to only 3.4% for ASGN.
Analyst sentiment also favors ASGN. According to MarketBeat.com, ASGN holds a consensus price target of $60.00, indicating a potential upside of 25.00%. Datasea, lacking buy ratings, has a perfect hold rating with a score of 1.00, while ASGN boasts a rating score of 1.88.
Risk assessment shows that Datasea has a beta of 0.18, suggesting it is significantly less volatile than the S&P 500. ASGN, with a beta of 0.93, is slightly less volatile than the market average.
Overall, ASGN surpasses Datasea in 11 out of 12 comparative factors, showcasing its relative strength in the competitive landscape of technology stocks.
Company Profiles
Datasea Inc. specializes in technology and information systems within the People’s Republic of China. The company focuses on smart city solutions and 5G messaging applications, alongside providing smart security solutions for various sectors, including schools and tourist attractions. Founded in 2014 and headquartered in Beijing, Datasea has undergone branding changes since its former name, Rose Rock, Inc., in October 2015.
ASGN Incorporated, established in 1985 and based in Glen Allen, Virginia, offers a broad range of information technology services. The company operates in commercial and federal government sectors, providing consulting, digital marketing, and mission-critical solutions, including cloud services and cybersecurity. ASGN was previously known as On Assignment, Inc. before rebranding in April 2018.
As investors weigh their options, the comparative analysis suggests that ASGN presents a more robust investment opportunity than Datasea, driven by superior financial metrics, institutional backing, and analyst confidence.
