ASGN (NYSE:ASGN) Issues Q1 2025 Earnings Guidance

ASGN (NYSE:ASGN) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.910-0.970 for the period, compared to the consensus estimate of 1.100. The company issued revenue guidance of $950.0 million-$970.0 million, compared to the consensus revenue estimate of $995.5 million.

Analyst Ratings Changes

A number of research firms recently commented on ASGN. StockNews.com lowered ASGN from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. BMO Capital Markets upgraded shares of ASGN from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $96.00 to $100.00 in a report on Friday, November 22nd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $115.00 price target on shares of ASGN in a report on Thursday, October 24th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $101.75.

ASGN Price Performance

ASGN traded up $0.77 during trading on Wednesday, reaching $87.77. The stock had a trading volume of 588,224 shares, compared to its average volume of 346,692. The business has a 50-day moving average of $87.96 and a 200-day moving average of $91.28. ASGN has a one year low of $82.04 and a one year high of $106.42. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.25 and a current ratio of 2.25. The stock has a market cap of $3.88 billion, a PE ratio of 22.22 and a beta of 1.38.

ASGN (NYSE:ASGN) last announced its quarterly earnings data on Wednesday, February 5th. The business services provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.07. ASGN had a net margin of 4.37% and a return on equity of 13.65%. As a group, equities research analysts anticipate that ASGN will post 5.17 EPS for the current fiscal year.

Insider Buying and Selling at ASGN

In related news, CEO Theodore S. Hanson sold 1,200 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $99.64, for a total value of $119,568.00. Following the completion of the transaction, the chief executive officer now directly owns 288,855 shares of the company’s stock, valued at $28,781,512.20. This represents a 0.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 3.20% of the company’s stock.

About ASGN

ASGN Incorporated engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to enterprise clients.