ASGN Incorporated (NYSE:EFOR) Stock Now Rated “Hold” by Wall Street Analysts

Shares of ASGN Incorporated (NYSE:EFOR) have been assigned an average rating of “Hold” from the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $28.67.

Several research analysts have commented on the stock. Wells Fargo & Company decreased their target price on shares of ASGN from $33.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th. Weiss Ratings lowered shares of ASGN from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, September 11th. Zacks Research upgraded shares of ASGN from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Finally, Truist Financial raised shares of ASGN from a “hold” rating to a “buy” rating and raised their price objective for the stock from $33.00 to $36.00 in a research note on Wednesday, July 22nd.

Institutional Trading of ASGN

Hedge funds and other institutional investors have recently modified their holdings of the business. Rothschild Investment LLC raised its position in ASGN by 119.0% during the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock valued at $49,000 after buying an additional 551 shares during the period. SG Americas Securities LLC boosted its position in ASGN by 68.9% during the 1st quarter. SG Americas Securities LLC now owns 68,386 shares of the company’s stock worth $2,647,000 after acquiring an additional 27,903 shares during the period. Finally, Reinhart Partners LLC. boosted its position in ASGN by 12.5% during the 4th quarter. Reinhart Partners LLC. now owns 1,206,940 shares of the company’s stock worth $58,139,000 after acquiring an additional 134,513 shares during the period. Institutional investors and hedge funds own 95.36% of the company’s stock.

ASGN Stock Down 0.8%

Shares of NYSE EFOR opened at $32.84 on Tuesday. ASGN has a 12 month low of $16.90 and a 12 month high of $54.94. The stock has a market capitalization of $1.35 billion, a P/E ratio of 16.93 and a beta of 0.46. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.13 and a current ratio of 2.13. The company’s fifty day moving average is $30.30.

ASGN (NYSE:EFOR) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $983.00 million. ASGN had a return on equity of 9.54% and a net margin of 2.09%.ASGN’s revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the business posted $1.17 EPS. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. As a group, sell-side analysts expect that ASGN will post 3.6 EPS for the current fiscal year.

About ASGN

ASGN Incorporated is a provider of information technology services and professional staffing solutions. The company helps businesses and government organizations address technology, digital transformation and workforce needs through consulting, engineering, application development, cybersecurity, cloud and infrastructure services, as well as the placement of skilled information technology and professional personnel.

ASGN operates through commercial and federal government businesses. Its commercial operations serve companies across industries with IT consulting, managed services and talent solutions, while its federal government business supports U.S.