ASGN (NYSE:ASGN) Releases Q1 2026 Earnings Guidance

ASGN (NYSE:ASGN) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.930-1.020 for the period, compared to the consensus estimate of 1.010. The company issued revenue guidance of $960.0 million-$980.0 million, compared to the consensus revenue estimate of $968.7 million.

Analyst Ratings Changes

Several research firms recently issued reports on ASGN. UBS Group cut their price target on shares of ASGN from $47.00 to $45.00 and set a “sell” rating for the company in a report on Thursday, October 23rd. Wells Fargo & Company reduced their price target on ASGN from $51.00 to $49.00 and set an “equal weight” rating for the company in a report on Wednesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating and set a $57.00 price objective on shares of ASGN in a report on Wednesday, December 3rd. Truist Financial raised their target price on ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, January 27th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of ASGN in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $51.33.

ASGN Price Performance

Shares of ASGN stock traded up $2.35 during trading on Wednesday, hitting $53.12. 758,228 shares of the company were exchanged, compared to its average volume of 525,597. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.64. The firm has a 50 day moving average price of $48.58 and a 200 day moving average price of $48.66. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 17.89 and a beta of 0.87. ASGN has a fifty-two week low of $39.25 and a fifty-two week high of $88.15.

ASGN (NYSE:ASGN) last posted its quarterly earnings data on Wednesday, February 4th. The business services provider reported $1.15 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.01). ASGN had a return on equity of 11.42% and a net margin of 3.28%.The company had revenue of $980.10 million for the quarter, compared to analysts’ expectations of $979.05 million. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. On average, equities analysts expect that ASGN will post 5.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ASGN

A hedge fund recently bought a new stake in ASGN stock. Horizon Investments LLC purchased a new stake in shares of ASGN Incorporated (NYSE:ASGN) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 10,880 shares of the business services provider’s stock, valued at approximately $515,000. 95.36% of the stock is 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.