William Blair Has Bearish Estimate for ASGN Q2 Earnings

ASGN Incorporated (NYSE:ASGN) – Research analysts at William Blair lowered their Q2 2026 earnings estimates for shares of ASGN in a report released on Monday, November 24th. William Blair analyst M. Nolan now forecasts that the business services provider will post earnings per share of $1.25 for the quarter, down from their prior estimate of $1.27. The consensus estimate for ASGN’s current full-year earnings is $5.15 per share. William Blair also issued estimates for ASGN’s Q4 2026 earnings at $1.35 EPS, FY2026 earnings at $4.97 EPS and FY2027 earnings at $6.01 EPS.

Several other equities analysts have also commented on the company. Truist Financial reduced their price target on ASGN from $65.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. Weiss Ratings reiterated a “sell (d+)” rating on shares of ASGN in a research note on Wednesday, October 8th. Wall Street Zen cut shares of ASGN from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Zacks Research raised shares of ASGN from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 19th. Finally, Wells Fargo & Company dropped their price target on shares of ASGN from $51.00 to $41.00 and set an “equal weight” rating on the stock in a research note on Friday, November 21st. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, ASGN presently has a consensus rating of “Reduce” and an average target price of $46.60.

ASGN Price Performance

Shares of NYSE ASGN opened at $45.29 on Wednesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.11 and a quick ratio of 2.11. ASGN has a 1-year low of $39.25 and a 1-year high of $95.29. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 15.25 and a beta of 0.96. The business has a 50-day moving average of $45.92 and a 200-day moving average of $49.88.

ASGN (NYSE:ASGN) last announced its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.09. ASGN had a return on equity of 11.42% and a net margin of 3.28%.The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period in the prior year, the firm earned $1.43 EPS. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. ASGN has set its Q4 2025 guidance at 1.120-1.200 EPS.

Institutional Trading of ASGN

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Horizon Investments LLC bought a new position in ASGN during the 3rd quarter valued at $515,000. Russell Investments Group Ltd. raised its stake in shares of ASGN by 96.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 30,497 shares of the business services provider’s stock valued at $1,444,000 after purchasing an additional 15,011 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of ASGN by 85.3% during the third quarter. EverSource Wealth Advisors LLC now owns 543 shares of the business services provider’s stock worth $26,000 after purchasing an additional 250 shares during the last quarter. New South Capital Management Inc. lifted its position in shares of ASGN by 46.0% during the third quarter. New South Capital Management Inc. now owns 456,116 shares of the business services provider’s stock worth $21,597,000 after purchasing an additional 143,696 shares during the last quarter. Finally, LRI Investments LLC grew its stake in ASGN by 761.9% in the third quarter. LRI Investments LLC now owns 1,741 shares of the business services provider’s stock worth $82,000 after purchasing an additional 1,539 shares in the last quarter. Institutional investors own 95.36% of the company’s stock.

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.