
ASGN Incorporated (NYSE:ASGN – Free Report) – Investment analysts at William Blair upped their FY2025 EPS estimates for ASGN in a research report issued to clients and investors on Thursday, October 23rd. William Blair analyst M. Nolan now anticipates that the business services provider will earn $4.56 per share for the year, up from their previous estimate of $4.49. The consensus estimate for ASGN’s current full-year earnings is $5.15 per share. William Blair also issued estimates for ASGN’s Q4 2025 earnings at $1.16 EPS, Q2 2026 earnings at $1.27 EPS, Q4 2026 earnings at $1.29 EPS, FY2026 earnings at $4.94 EPS and FY2027 earnings at $5.69 EPS.
Several other analysts have also issued reports on the company. Wall Street Zen lowered ASGN from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Wells Fargo & Company dropped their price target on ASGN from $56.00 to $51.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 24th. Zacks Research upgraded ASGN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 19th. Jefferies Financial Group reissued an “underperform” rating and issued a $42.00 price objective (down from $53.00) on shares of ASGN in a research report on Monday, July 7th. Finally, Truist Financial dropped their price objective on shares of ASGN from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $59.67.
ASGN Stock Up 4.6%
Shares of ASGN stock opened at $46.53 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.11 and a current ratio of 2.11. The firm’s 50-day moving average is $49.91 and its 200-day moving average is $51.88. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 15.67 and a beta of 0.93. ASGN has a 52-week low of $42.77 and a 52-week high of $101.66.
ASGN (NYSE:ASGN – Get Free Report) last issued its earnings results on Wednesday, October 22nd. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. ASGN had a net margin of 3.28% and a return on equity of 11.42%. ASGN’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.43 EPS. ASGN has set its Q4 2025 guidance at 1.120-1.200 EPS.
Hedge Funds Weigh In On ASGN
A number of hedge funds have recently bought and sold shares of the business. Reinhart Partners LLC. increased its position in ASGN by 53.1% during the second quarter. Reinhart Partners LLC. now owns 1,019,406 shares of the business services provider’s stock worth $50,900,000 after acquiring an additional 353,419 shares during the period. Congress Asset Management Co. bought a new position in shares of ASGN during the third quarter worth approximately $4,065,000. SG Americas Securities LLC increased its holdings in shares of ASGN by 1,376.9% during the third quarter. SG Americas Securities LLC now owns 73,224 shares of the business services provider’s stock worth $3,467,000 after purchasing an additional 68,266 shares during the period. Kennedy Capital Management LLC increased its holdings in shares of ASGN by 1.7% during the second quarter. Kennedy Capital Management LLC now owns 35,243 shares of the business services provider’s stock worth $1,760,000 after purchasing an additional 594 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in shares of ASGN by 3.1% during the first quarter. Russell Investments Group Ltd. now owns 16,074 shares of the business services provider’s stock worth $1,013,000 after purchasing an additional 485 shares during the period. 95.36% of the stock is owned by institutional investors.
About ASGN
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.
See Also
- Five stocks we like better than ASGN
- Stock Market Sectors: What Are They and How Many Are There?
- Rayonier-PotlatchDeltic Merger Signals Industry Upside
- Why Invest in 5G? How to Invest in 5G Stocks
- Hims & Hers Short Interest Nears All-Time High, Buy The Dip?
- Do ETFs Pay Dividends? What You Need to Know
- This Defense Stock Has a $57B Backlog and New AI Tailwinds
Receive News & Ratings for ASGN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASGN and related companies with MarketBeat.com's FREE daily email newsletter.
