ASGN Incorporated (NYSE:ASGN) Receives Average Rating of “Reduce” from Brokerages

Shares of ASGN Incorporated (NYSE:ASGN) have received a consensus recommendation of “Reduce” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $54.7143.

Several equities analysts recently weighed in on ASGN shares. Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a research report on Wednesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $65.00 target price on shares of ASGN in a report on Friday, February 6th. Wells Fargo & Company lifted their price target on ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. 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, Robert W. Baird set a $62.00 price objective on ASGN in a research report on Thursday, February 5th.

ASGN Stock Performance

NYSE:ASGN opened at $38.29 on Tuesday. ASGN has a 1 year low of $34.59 and a 1 year high of $64.29. The firm’s fifty day simple moving average is $43.61 and its 200 day simple moving average is $45.81. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $1.58 billion, a PE ratio of 14.67 and a beta of 0.88.

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

Institutional Trading of ASGN

Hedge funds have recently bought and sold shares of the stock. New South Capital Management Inc. increased its holdings 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 purchasing an additional 143,696 shares during the period. Tudor Investment Corp ET AL acquired a new position in shares of ASGN during the third quarter valued at about $8,030,000. Congress Asset Management Co. bought a new stake in shares of ASGN in the third quarter valued at about $4,065,000. Reinhart Partners LLC. grew its position in ASGN by 5.2% during the third 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 in the last quarter. Finally, SG Americas Securities LLC increased its stake in 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 valued at $3,467,000 after acquiring an additional 68,266 shares during the period. 95.36% of the stock is owned by institutional investors.

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.