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

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

ASGN has been the subject of several research reports. Robert W. Baird set a $62.00 price objective on shares of ASGN in a research report on Thursday, February 5th. Truist Financial lifted their price target on shares of ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a research note on Wednesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating and set a $65.00 target price on shares of ASGN in a research report on Friday, February 6th. Finally, UBS Group dropped their price target on ASGN from $47.00 to $45.00 and set a “sell” rating on the stock in a research report on Thursday, October 23rd.

Read Our Latest Report on ASGN

Institutional Investors Weigh In On ASGN

Several hedge funds have recently modified their holdings of the business. Kennedy Capital Management LLC increased its holdings in ASGN by 1.7% during the second quarter. Kennedy Capital Management LLC now owns 35,243 shares of the business services provider’s stock valued at $1,760,000 after buying an additional 594 shares during the period. Congress Asset Management Co. bought a new stake in ASGN during the 3rd quarter valued at $4,065,000. SG Americas Securities LLC increased its holdings in shares of ASGN by 1,376.9% in the 3rd 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. 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 acquiring an additional 53,021 shares in the last quarter. Finally, TradeLink Capital LLC bought a new position in shares of ASGN in the 3rd quarter worth $259,000. Hedge funds and other institutional investors own 95.36% of the company’s stock.

ASGN Price Performance

Shares of ASGN stock opened at $41.48 on Monday. The stock has a 50 day moving average price of $48.99 and a 200 day moving average price of $48.48. ASGN has a 52-week low of $39.25 and a 52-week high of $77.80. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.99 and a current ratio of 1.99. The firm has a market capitalization of $1.77 billion, a P/E ratio of 15.89 and a beta of 0.87.

ASGN (NYSE:ASGNGet Free Report) 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 business had revenue of $980.10 million during the quarter, compared to analysts’ expectations of $979.05 million. During the same quarter in the previous year, the business earned $1.28 EPS. The business’s revenue for the quarter was down .5% on a year-over-year basis. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. As a group, sell-side analysts predict that ASGN will post 5.15 earnings per share for the current year.

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.

Further Reading

Analyst Recommendations for ASGN (NYSE:ASGN)

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