ASGN (NYSE:EFOR) Director Purchases $71,896.00 in Stock

ASGN Incorporated (NYSE:EFOR) Director Mark Frantz purchased 3,800 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was acquired at an average cost of $18.92 per share, with a total value of $71,896.00. Following the completion of the acquisition, the director directly owned 22,001 shares of the company’s stock, valued at $416,258.92. The trade was a 20.88% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

ASGN Stock Up 3.6%

ASGN stock opened at $22.91 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.16 and a quick ratio of 2.16. ASGN Incorporated has a 12-month low of $18.50 and a 12-month high of $60.75. The stock has a market capitalization of $946.18 million, a P/E ratio of 10.14 and a beta of 0.89.

ASGN (NYSE:EFOR) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.28). ASGN had a net margin of 2.46% and a return on equity of 10.30%. The business had revenue of $968.30 million during the quarter. During the same period last year, the company earned $0.92 earnings per share. The firm’s revenue was up .0% compared to the same quarter last year. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. Sell-side analysts anticipate that ASGN Incorporated will post 3.39 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on EFOR shares. BMO Capital Markets cut ASGN from an “outperform” rating to a “market perform” rating and set a $33.00 price target for the company. in a report on Thursday, April 23rd. UBS Group cut their price target on ASGN from $39.00 to $35.00 and set a “sell” rating for the company in a report on Thursday, April 23rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of ASGN in a research report on Monday, April 20th. Zacks Research lowered ASGN from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. Finally, Truist Financial lowered ASGN from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $60.00 to $33.00 in a research report on Thursday, April 23rd. Four investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, ASGN presently has a consensus rating of “Reduce” and an average target price of $35.67.

Institutional Trading of ASGN

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in ASGN by 97.8% in the fourth quarter. GAMMA Investing LLC now owns 542 shares of the company’s stock worth $26,000 after purchasing an additional 268 shares during the period. EverSource Wealth Advisors LLC increased its position in ASGN by 85.3% in the third quarter. EverSource Wealth Advisors LLC now owns 543 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the period. Torren Management LLC acquired a new stake in ASGN in the fourth quarter worth about $34,000. Rothschild Investment LLC increased its position in ASGN by 119.0% in the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock worth $49,000 after purchasing an additional 551 shares during the period. Finally, Parallel Advisors LLC increased its position in ASGN by 190.8% in the fourth quarter. Parallel Advisors LLC now owns 1,390 shares of the company’s stock worth $67,000 after purchasing an additional 912 shares during the period. 95.36% of the stock is currently owned by institutional investors and hedge funds.

ASGN Company Profile

ASGN is a provider of professional services that connects skilled talent with organizations seeking technology, digital, creative and engineering expertise. The firm focuses on staffing and workforce solutions, delivering contract and permanent placement services as well as project-based consulting and managed services to support clients’ technical and operational needs.

Its offerings commonly include IT consulting, digital transformation support, application development and maintenance, data and analytics, cybersecurity, cloud services and engineering resources.