ASGN Incorporated (NYSE:ASGN) Given Consensus Rating of “Reduce” by Brokerages

ASGN Incorporated (NYSE:ASGN) has earned a consensus recommendation of “Reduce” from the eight research firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $54.7143.

ASGN has been the topic of several research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a research report on Wednesday, January 21st. Wells Fargo & Company increased their price objective on ASGN from $49.00 to $54.00 and gave the company an “equal weight” rating in a research note on Thursday. BMO Capital Markets reissued an “outperform” rating and set a $65.00 target price on shares of ASGN in a research note on Friday. Truist Financial upped their price target on ASGN from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Finally, UBS Group decreased their price objective on ASGN from $47.00 to $45.00 and set a “sell” rating for the company in a research note on Thursday, October 23rd.

Institutional Investors Weigh In On ASGN

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tudor Investment Corp ET AL purchased a new position in ASGN during the 3rd quarter worth $8,030,000. New South Capital Management Inc. raised its stake in shares of ASGN by 46.0% during the 3rd quarter. New South Capital Management Inc. now owns 456,116 shares of the business services provider’s stock worth $21,597,000 after buying an additional 143,696 shares during the last quarter. Congress Asset Management Co. acquired a new stake in shares of ASGN during the third quarter valued at $4,065,000. SG Americas Securities LLC boosted 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 last quarter. Finally, Reinhart Partners LLC. raised its position in shares of ASGN by 5.2% in the 3rd quarter. Reinhart Partners LLC. now owns 1,072,427 shares of the business services provider’s stock worth $50,780,000 after buying an additional 53,021 shares during the period. Institutional investors and hedge funds own 95.36% of the company’s stock.

ASGN Stock Performance

Shares of ASGN stock opened at $52.71 on Monday. The firm has a market cap of $2.25 billion, a PE ratio of 20.20 and a beta of 0.86. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.65. ASGN has a 52 week low of $39.25 and a 52 week high of $83.64. The business’s fifty day simple moving average is $49.04 and its 200-day simple moving average is $48.74.

ASGN (NYSE:ASGN) last posted its earnings results on Wednesday, February 4th. The business services provider reported $1.15 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.03). The company had revenue of $980.10 million during the quarter, compared to analyst estimates of $979.05 million. ASGN had a net margin of 2.85% and a return on equity of 10.94%. The company’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.28 EPS. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. Equities analysts forecast that ASGN will post 5.15 earnings per share for the current year.

ASGN Company Profile

ASGN Incorporated (NYSE:ASGN) is a leading provider of specialized staffing and professional services, delivering tailored solutions across information technology, digital transformation, engineering and scientific disciplines. Through its diversified portfolio of brands, ASGN connects clients—ranging from life sciences and healthcare firms to technology enterprises and government agencies—with highly skilled consultants, project teams and permanent personnel. The company’s model emphasizes both temporary staffing and long-term consulting engagements to address complex talent and project needs.

ASGN’s service offerings are organized into two main business segments.