ASGN (NYSE:ASGN) Raised to Buy at Wall Street Zen

ASGN (NYSE:ASGN) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other equities research analysts have also recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $65.00 price target on shares of ASGN in a research report on Friday, February 6th. Robert W. Baird set a $62.00 price objective on shares of ASGN in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ASGN in a research report on Wednesday, January 21st. Wells Fargo & Company lifted their target price 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. Finally, Truist Financial boosted their target price on ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $54.71.

ASGN Stock Performance

Shares of ASGN stock opened at $36.40 on Friday. ASGN has a 52 week low of $35.69 and a 52 week high of $69.63. The business’s fifty day simple moving average is $46.25 and its 200-day simple moving average is $47.10. The firm has a market cap of $1.50 billion, a PE ratio of 13.95 and a beta of 0.88. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.65.

ASGN (NYSE:ASGN) last issued its quarterly earnings data on Wednesday, February 4th. The business services provider reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.03). The business had revenue of $980.10 million for the quarter, compared to analyst estimates of $979.05 million. ASGN had a return on equity of 10.94% and a net margin of 2.85%.The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.28 earnings per share. 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.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. increased its stake in ASGN by 106.4% during the 4th quarter. Russell Investments Group Ltd. now owns 62,934 shares of the business services provider’s stock worth $3,032,000 after buying an additional 32,437 shares during the period. New South Capital Management Inc. boosted its position in ASGN by 39.2% in the 4th quarter. New South Capital Management Inc. now owns 635,011 shares of the business services provider’s stock valued at $30,588,000 after buying an additional 178,895 shares during the period. Parallel Advisors LLC boosted its position 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 buying an additional 912 shares during the period. Reinhart Partners LLC. grew its stake in shares of ASGN by 12.5% in the fourth quarter. Reinhart Partners LLC. now owns 1,206,940 shares of the business services provider’s stock worth $58,139,000 after acquiring an additional 134,513 shares in the last quarter. Finally, Rothschild Investment LLC grew its stake in shares of ASGN by 119.0% in the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the business services provider’s stock worth $49,000 after acquiring an additional 551 shares in the last quarter. Institutional investors and hedge funds own 95.36% of the company’s stock.

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.