ASGN Incorporated (NYSE:EFOR) Receives $29.33 Average PT from Analysts

Shares of ASGN Incorporated (NYSE:EFOR) have received a consensus rating of “Reduce” from the eight analysts that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $29.3333.

A number of brokerages have commented on EFOR. Wall Street Zen lowered ASGN from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. UBS Group decreased their price objective on ASGN from $35.00 to $17.00 and set a “sell” rating on the stock in a report on Friday, May 22nd. Robert W. Baird decreased their price objective on ASGN from $62.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. BMO Capital Markets lowered ASGN from an “outperform” rating to a “market perform” rating and set a $33.00 price objective on the stock. in a report on Thursday, April 23rd. Finally, Truist Financial lowered ASGN from a “buy” rating to a “hold” rating and decreased their price objective for the company from $60.00 to $33.00 in a report on Thursday, April 23rd.

ASGN Stock Up 0.9%

Shares of NYSE EFOR opened at $21.03 on Friday. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.82. ASGN has a one year low of $16.90 and a one year high of $60.75. The firm has a market capitalization of $864.33 million, a price-to-earnings ratio of 9.31 and a beta of 0.49.

ASGN (NYSE:EFOR) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $0.69 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 firm had revenue of $968.30 million during the quarter. During the same quarter last year, the company posted $0.92 earnings per share. ASGN’s quarterly revenue was up .0% on a year-over-year basis. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. Equities research analysts expect that ASGN will post 3.39 EPS for the current year.

Insider Activity at ASGN

In related news, President Sadasivam Iyer bought 1,110 shares of ASGN stock in a transaction dated Tuesday, April 28th. The shares were bought at an average cost of $22.67 per share, with a total value of $25,163.70. Following the acquisition, the president owned 61,905 shares in the company, valued at $1,403,386.35. This trade represents a 1.83% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Theodore S. Hanson bought 51,965 shares of ASGN stock in a transaction dated Friday, April 24th. The shares were bought at an average cost of $19.24 per share, for a total transaction of $999,806.60. Following the completion of the acquisition, the chief executive officer owned 376,843 shares in the company, valued at $7,250,459.32. This represents a 16.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 91,375 shares of company stock worth $1,770,367 in the last quarter. 14.30% of the stock is currently owned by corporate insiders.

Institutional Trading of ASGN

Several large investors have recently modified their holdings of EFOR. EverSource Wealth Advisors LLC grew its holdings in shares of ASGN by 85.3% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 543 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of ASGN by 97.8% during the 4th quarter. GAMMA Investing LLC now owns 542 shares of the company’s stock worth $26,000 after purchasing an additional 268 shares in the last quarter. Torren Management LLC acquired a new stake in shares of ASGN during the 4th quarter worth $34,000. Rothschild Investment LLC grew its holdings in shares of ASGN by 119.0% during the 4th quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock worth $49,000 after purchasing an additional 551 shares in the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of ASGN by 190.8% during the 4th quarter. Parallel Advisors LLC now owns 1,390 shares of the company’s stock worth $67,000 after purchasing an additional 912 shares in the last quarter. 95.36% of the stock is owned by institutional investors and hedge funds.

About ASGN

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.