ASGN Incorporated (NYSE:ASGN) Receives $54.71 Average PT from Brokerages

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

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a research note on Wednesday, January 21st. Robert W. Baird set a $62.00 target price on ASGN in a research report on Thursday, February 5th. Wells Fargo & Company upped their target price on ASGN from $49.00 to $54.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating and issued a $65.00 price target on shares of ASGN in a research report on Friday, February 6th. Finally, Truist Financial lifted their price target on ASGN from $50.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th.

ASGN Stock Down 0.6%

NYSE ASGN opened at $42.88 on Friday. ASGN has a 12 month low of $39.25 and a 12 month high of $73.13. The company has a market capitalization of $1.77 billion, a P/E ratio of 16.43 and a beta of 0.88. The company’s 50 day simple moving average is $47.26 and its 200 day simple moving average is $47.53. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.16 and a quick ratio of 2.16.

ASGN (NYSE:ASGN) last issued 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). The business had revenue of $980.10 million for the quarter, compared to the consensus estimate of $979.05 million. ASGN had a return on equity of 10.94% and a net margin of 2.85%.The company’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.28 earnings per share. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. Equities research analysts expect that ASGN will post 5.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of ASGN by 97.8% during the fourth quarter. GAMMA Investing LLC now owns 542 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 268 shares during the period. EverSource Wealth Advisors LLC boosted its stake in ASGN by 85.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 543 shares of the business services provider’s stock worth $26,000 after purchasing an additional 250 shares during the period. Torren Management LLC purchased a new position in ASGN during the 4th quarter worth approximately $34,000. Rothschild Investment LLC grew its position in ASGN by 119.0% during the 4th quarter. Rothschild Investment LLC now owns 1,014 shares of the business services provider’s stock worth $49,000 after purchasing an additional 551 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in ASGN by 190.8% during the 4th quarter. Parallel Advisors LLC now owns 1,390 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 912 shares during the period. 95.36% of the stock is owned by hedge funds and other 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.