ASGN (ASGN) Expected to Announce Quarterly Earnings on Wednesday

ASGN (NYSE:ASGN) will likely be announcing its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.08 per share and revenue of $994.64 million for the quarter. ASGN has set its Q2 2025 guidance at 1.030-1.140 EPS.

ASGN (NYSE:ASGN) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.03). ASGN had a net margin of 3.93% and a return on equity of 12.55%. The company had revenue of $968.30 million for the quarter, compared to analyst estimates of $971.00 million. During the same quarter in the prior year, the firm earned $1.16 EPS. The company’s revenue for the quarter was down 7.7% compared to the same quarter last year. On average, analysts expect ASGN to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ASGN Trading Down 3.0%

Shares of ASGN stock opened at $47.07 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.37 and a current ratio of 2.37. ASGN has a 1 year low of $46.93 and a 1 year high of $105.67. The stock has a fifty day moving average of $52.54 and a two-hundred day moving average of $64.88. The firm has a market capitalization of $2.06 billion, a PE ratio of 13.41 and a beta of 0.97.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ASGN. Truist Financial reduced their target price on ASGN from $105.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, April 15th. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $55.00 target price (down from $115.00) on shares of ASGN in a research report on Friday, April 25th. Wells Fargo & Company started coverage on ASGN in a research report on Tuesday, June 3rd. They issued an “equal weight” rating and a $56.00 target price on the stock. UBS Group dropped their target price on ASGN from $56.00 to $54.00 and set a “sell” rating on the stock in a research report on Thursday, April 24th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and issued a $42.00 target price (down from $53.00) on shares of ASGN in a research report on Monday, July 7th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $63.67.

ASGN Company Profile

ASGN Incorporated engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to enterprise clients.