ASGN (NYSE:ASGN) Reaches New 1-Year Low – What’s Next?

Shares of ASGN Incorporated (NYSE:ASGN) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $35.56 and last traded at $35.6350, with a volume of 58206 shares changing hands. The stock had previously closed at $37.06.

Wall Street Analysts Forecast Growth

ASGN has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ASGN in a research report on Wednesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating and set a $65.00 price target on shares of ASGN in a report on Friday, February 6th. Wall Street Zen upgraded shares of ASGN from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Truist Financial boosted their price objective on shares of ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Finally, Wells Fargo & Company raised their target price on shares of ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 5th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $54.71.

ASGN Stock Performance

The stock’s fifty day simple moving average is $45.25 and its 200-day simple moving average is $46.63. The company has a market capitalization of $1.46 billion, a PE ratio of 13.55 and a beta of 0.88. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.65.

ASGN (NYSE:ASGN) last issued its quarterly earnings data on Wednesday, February 4th. The business services provider reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by ($0.03). ASGN had a return on equity of 10.94% and a net margin of 2.85%.The firm had revenue of $980.10 million for the quarter, compared to analyst estimates of $979.05 million. During the same period in the prior year, the firm posted $1.28 earnings per share. The business’s revenue for the quarter was down .5% compared to the same quarter last year. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. On average, research analysts predict that ASGN Incorporated will post 5.15 earnings per share for the current fiscal year.

Institutional Trading of ASGN

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kennedy Capital Management LLC lifted its holdings in shares of ASGN by 1.7% during the 2nd quarter. Kennedy Capital Management LLC now owns 35,243 shares of the business services provider’s stock worth $1,760,000 after acquiring an additional 594 shares during the period. Congress Asset Management Co. acquired a new position in shares of ASGN in the 3rd quarter valued at $4,065,000. SG Americas Securities LLC increased its holdings in shares of ASGN by 1,376.9% during the 3rd quarter. SG Americas Securities LLC now owns 73,224 shares of the business services provider’s stock worth $3,467,000 after buying an additional 68,266 shares during the last quarter. Reinhart Partners LLC. boosted its holdings in ASGN by 5.2% in the third quarter. Reinhart Partners LLC. now owns 1,072,427 shares of the business services provider’s stock valued at $50,780,000 after acquiring an additional 53,021 shares during the last quarter. Finally, TradeLink Capital LLC acquired a new stake in ASGN during the third quarter worth about $259,000. 95.36% of the stock is owned by hedge funds and other institutional investors.

ASGN Company Profile

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.