Brokerages Set ASGN Incorporated (NYSE:ASGN) Price Target at $48.33

ASGN Incorporated (NYSE:ASGN) has earned an average recommendation of “Reduce” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $48.3333.

A number of research analysts have recently commented on ASGN shares. Truist Financial lowered their target price on ASGN from $65.00 to $50.00 and set a “buy” rating for the company in a research report on Friday, November 21st. UBS Group dropped their price objective on shares of ASGN from $47.00 to $45.00 and set a “sell” rating for the company in a research note on Thursday, October 23rd. BMO Capital Markets restated an “outperform” rating and set a $57.00 target price on shares of ASGN in a research report on Wednesday, December 3rd. Wells Fargo & Company lowered their price objective on ASGN from $51.00 to $41.00 and set an “equal weight” rating for the company in a research note on Friday, November 21st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of ASGN in a report on Wednesday, October 8th.

ASGN Stock Up 1.9%

Shares of ASGN stock opened at $49.85 on Friday. The company’s fifty day simple moving average is $45.56 and its two-hundred day simple moving average is $48.86. ASGN has a 52 week low of $39.25 and a 52 week high of $95.29. The stock has a market cap of $2.13 billion, a P/E ratio of 16.78 and a beta of 0.88. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.64.

ASGN (NYSE:ASGN) last issued its earnings results on Wednesday, October 22nd. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.09. ASGN had a return on equity of 11.42% and a net margin of 3.28%.The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period in the previous year, the firm posted $1.43 earnings per share. The business’s revenue was down 1.9% compared to the same quarter last year. ASGN has set its Q4 2025 guidance at 1.120-1.200 EPS. Analysts predict that ASGN will post 5.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. raised its position in shares of ASGN by 3.1% in the first quarter. Russell Investments Group Ltd. now owns 16,074 shares of the business services provider’s stock valued at $1,013,000 after buying an additional 485 shares during the last quarter. Reinhart Partners LLC. increased its position in shares of ASGN by 53.1% during the second quarter. Reinhart Partners LLC. now owns 1,019,406 shares of the business services provider’s stock valued at $50,900,000 after acquiring an additional 353,419 shares during the last quarter. Kennedy Capital Management LLC lifted its stake 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 worth $1,760,000 after purchasing an additional 594 shares in the last quarter. Congress Asset Management Co. acquired a new position in shares of ASGN in the third quarter valued at approximately $4,065,000. Finally, SG Americas Securities LLC raised its position in 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 purchasing an additional 68,266 shares in the last quarter. 95.36% of the stock is currently owned by institutional investors.

About ASGN

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.