ASGN Incorporated (NYSE:ASGN) Receives Consensus Recommendation of “Reduce” from Analysts

ASGN Incorporated (NYSE:ASGNGet Free Report) has been given a consensus rating of “Reduce” by the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $54.7143.

A number of equities research analysts have recently commented on ASGN shares. Robert W. Baird set a $62.00 price target on ASGN in a research report on Thursday, February 5th. BMO Capital Markets reissued an “outperform” rating and set a $65.00 target price on shares of ASGN in a research note on Friday, February 6th. Truist Financial raised their target price on shares of ASGN from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ASGN in a research note on Wednesday, January 21st. Finally, Wells Fargo & Company upped their price target on shares of ASGN from $49.00 to $54.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th.

Check Out Our Latest Analysis on ASGN

ASGN Trading Up 2.9%

ASGN opened at $43.15 on Friday. The firm’s fifty day moving average is $47.40 and its two-hundred day moving average is $47.67. The firm has a market cap of $1.78 billion, a PE ratio of 16.53 and a beta of 0.88. ASGN has a twelve month low of $39.25 and a twelve month high of $73.13. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.16 and a current ratio of 2.16.

ASGN (NYSE:ASGNGet Free Report) last released its quarterly earnings data 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 firm had revenue of $980.10 million during the quarter, compared to the consensus estimate of $979.05 million. ASGN had a net margin of 2.85% and a return on equity of 10.94%. ASGN’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.28 EPS. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. Equities research analysts anticipate that ASGN will post 5.15 EPS for the current year.

Institutional Investors Weigh In On ASGN

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its position in ASGN by 97.8% during the fourth quarter. GAMMA Investing LLC now owns 542 shares of the business services provider’s stock worth $26,000 after acquiring an additional 268 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of ASGN by 85.3% during the 3rd 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. Torren Management LLC bought a new stake in shares of ASGN in the 4th quarter valued at about $34,000. Rothschild Investment LLC raised its holdings in shares of ASGN by 119.0% in the 4th quarter. Rothschild Investment LLC now owns 1,014 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 551 shares during the period. Finally, Parallel Advisors LLC lifted its stake in ASGN by 190.8% in the 4th quarter. Parallel Advisors LLC now owns 1,390 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 912 shares during the last quarter. 95.36% of the stock is owned by institutional investors.

ASGN Company Profile

(Get Free Report)

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.

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Analyst Recommendations for ASGN (NYSE:ASGN)

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