Brokerages Set ASGN Incorporated (NYSE:EFOR) PT at $29.33

Shares of ASGN Incorporated (NYSE:EFOR) have received an average recommendation of “Reduce” from the eight ratings firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $29.3333.

Several equities research analysts recently commented on the stock. Robert W. Baird cut their price objective on shares of ASGN from $62.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Zacks Research cut shares of ASGN from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. BMO Capital Markets cut shares of ASGN from an “outperform” rating to a “market perform” rating and set a $33.00 price objective on the stock. in a research report on Thursday, April 23rd. UBS Group cut their price objective on shares of ASGN from $35.00 to $17.00 and set a “sell” rating on the stock in a research report on Friday, May 22nd. Finally, Weiss Ratings cut shares of ASGN from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th.

Insiders Place Their Bets

In related news, President Sadasivam Iyer acquired 1,110 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were acquired at an average cost of $22.67 per share, with a total value of $25,163.70. Following the transaction, the president owned 61,905 shares of the company’s stock, valued at $1,403,386.35. The trade was a 1.83% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Theodore S. Hanson purchased 51,965 shares of the business’s stock in a transaction on Friday, April 24th. The shares were acquired at an average cost of $19.24 per share, for a total transaction of $999,806.60. Following the completion of the transaction, the chief executive officer directly owned 376,843 shares in the company, valued at approximately $7,250,459.32. This represents a 16.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 91,375 shares of company stock worth $1,770,367 in the last ninety days. 14.30% of the stock is owned by insiders.

Institutional Investors Weigh In On ASGN

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted 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 buying an additional 27,903 shares in the last quarter. Russell Investments Group Ltd. lifted its position in ASGN by 106.4% during the 4th quarter. Russell Investments Group Ltd. now owns 62,934 shares of the company’s stock worth $3,032,000 after buying an additional 32,437 shares in the last quarter. New South Capital Management Inc. lifted its position in ASGN by 39.2% during the 4th quarter. New South Capital Management Inc. now owns 635,011 shares of the company’s stock worth $30,588,000 after buying an additional 178,895 shares in the last quarter. Parallel Advisors LLC lifted its position in ASGN by 190.8% during the 4th quarter. Parallel Advisors LLC now owns 1,390 shares of the company’s stock worth $67,000 after buying an additional 912 shares in the last quarter. Finally, Reinhart Partners LLC. lifted 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 buying an additional 134,513 shares in the last quarter. 95.36% of the stock is owned by institutional investors.

ASGN Price Performance

Shares of EFOR stock opened at $19.11 on Friday. The firm has a market capitalization of $785.42 million, a PE ratio of 8.46 and a beta of 0.49. ASGN has a 12-month low of $16.90 and a 12-month high of $60.75. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.10 and a quick ratio of 2.10.

ASGN (NYSE:EFOR) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.28). The company had revenue of $968.30 million during the quarter. ASGN had a net margin of 2.46% and a return on equity of 10.30%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.92 earnings per share. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. Equities analysts predict that ASGN will post 3.39 EPS for the current fiscal year.

ASGN Company Profile

ASGN is a provider of professional services that connects skilled talent with organizations seeking technology, digital, creative and engineering expertise. The firm focuses on staffing and workforce solutions, delivering contract and permanent placement services as well as project-based consulting and managed services to support clients’ technical and operational needs.

Its offerings commonly include IT consulting, digital transformation support, application development and maintenance, data and analytics, cybersecurity, cloud services and engineering resources.