ASGN Incorporated (NYSE:ASGN) Receives Consensus Rating of “Reduce” from Analysts

Shares of ASGN Incorporated (NYSE:ASGN) have been given a consensus rating of “Reduce” by the eight brokerages that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $54.7143.

A number of research firms have recently commented on ASGN. Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a research report on Wednesday, January 21st. Robert W. Baird set a $62.00 price objective on shares of ASGN in a report on Thursday, February 5th. Wall Street Zen lowered shares of ASGN from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. BMO Capital Markets reiterated an “outperform” rating and issued a $65.00 target price on shares of ASGN in a report on Friday, February 6th. Finally, Wells Fargo & Company boosted their target price on shares of ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th.

ASGN Price Performance

Shares of NYSE:ASGN opened at $39.03 on Tuesday. ASGN has a fifty-two week low of $34.59 and a fifty-two week high of $62.76. The business has a 50-day moving average of $42.67 and a two-hundred day moving average of $45.50. The stock has a market capitalization of $1.61 billion, a P/E ratio of 14.95 and a beta of 0.89. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.16 and a quick ratio of 2.16.

ASGN (NYSE:ASGN) last released its quarterly earnings results 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). The company had revenue of $980.10 million for the quarter, compared to the consensus estimate of $979.05 million. ASGN had a return on equity of 10.94% and a net margin of 2.85%.The business’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the company posted $1.28 EPS. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. On average, equities research analysts predict that ASGN will post 5.15 EPS for the current fiscal year.

Hedge Funds Weigh In On ASGN

Several large investors have recently made changes to their positions in ASGN. Kennedy Capital Management LLC increased its position in ASGN by 1.7% in the 2nd quarter. Kennedy Capital Management LLC now owns 35,243 shares of the business services provider’s stock worth $1,760,000 after buying an additional 594 shares during the period. Congress Asset Management Co. acquired a new position in shares of ASGN during the third quarter worth approximately $4,065,000. SG Americas Securities LLC boosted its position in shares of ASGN by 1,376.9% in the third quarter. SG Americas Securities LLC now owns 73,224 shares of the business services provider’s stock valued at $3,467,000 after acquiring an additional 68,266 shares during the period. Reinhart Partners LLC. boosted its position in shares of 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 period. Finally, TradeLink Capital LLC acquired a new stake in shares of ASGN in the third quarter worth $259,000. Institutional investors and hedge funds own 95.36% of the company’s stock.

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.