ASGN (NYSE:EFOR) Releases Q3 2026 Earnings Guidance

ASGN (NYSE:EFOR) updated its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.920-1.100 for the period, compared to the consensus estimate of 1.000. The company issued revenue guidance of $994.0M-$1.0 billion, compared to the consensus revenue estimate of $999.5 million.

ASGN Price Performance

EFOR stock traded down $0.06 during midday trading on Friday, hitting $27.51. The company’s stock had a trading volume of 581,005 shares, compared to its average volume of 1,052,369. The business has a fifty day moving average price of $19.69. ASGN has a twelve month low of $16.90 and a twelve month high of $54.94. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.82. The firm has a market cap of $1.13 billion, a PE ratio of 14.18 and a beta of 0.52.

ASGN (NYSE:EFOR) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.09. ASGN had a return on equity of 9.53% and a net margin of 2.09%.The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $983.00 million. During the same quarter last year, the firm posted $1.17 EPS. The company’s quarterly revenue was down 1.3% on a year-over-year basis. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. Equities analysts expect that ASGN will post 3.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

EFOR has been the subject of a number of analyst reports. BMO Capital Markets downgraded shares of ASGN from an “outperform” rating to a “market perform” rating and set a $33.00 price target for the company. in a research report on Thursday, April 23rd. Truist Financial upgraded ASGN from a “hold” rating to a “buy” rating and upped their target price for the company from $33.00 to $36.00 in a research report on Wednesday, July 22nd. Weiss Ratings lowered ASGN from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Robert W. Baird decreased their price target on ASGN from $62.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Finally, Jefferies Financial Group raised ASGN from an “underperform” rating to a “hold” rating and dropped their price target for the company from $28.00 to $22.00 in a research note on Friday, May 29th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $28.67.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EFOR. Parallel Advisors LLC lifted its holdings in ASGN by 190.8% during the fourth quarter. Parallel Advisors LLC now owns 1,390 shares of the company’s stock valued at $67,000 after purchasing an additional 912 shares during the last quarter. Horizon Investments LLC purchased a new stake in shares of ASGN during the third quarter worth $515,000. Russell Investments Group Ltd. raised its stake in shares of ASGN by 96.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 30,497 shares of the company’s stock valued at $1,444,000 after purchasing an additional 15,011 shares during the period. Finally, New South Capital Management Inc. lifted its holdings in ASGN by 39.2% during the 4th quarter. New South Capital Management Inc. now owns 635,011 shares of the company’s stock worth $30,588,000 after purchasing an additional 178,895 shares in the last quarter. Hedge funds and other institutional investors own 95.36% of the company’s stock.

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.