ASGN (NYSE:ASGN) Stock Price Down 12.2% – Should You Sell?

ASGN Incorporated (NYSE:ASGN)’s stock price dropped 12.2% during mid-day trading on Wednesday . The stock traded as low as $43.50 and last traded at $43.3450. Approximately 434,906 shares changed hands during trading, a decline of 23% from the average daily volume of 563,896 shares. The stock had previously closed at $49.34.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $65.00 target price on shares of ASGN in a research note on Friday, February 6th. UBS Group reduced their price objective on ASGN from $47.00 to $45.00 and set a “sell” rating for the company in a research report on Thursday, October 23rd. Wells Fargo & Company lifted their price objective on ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Robert W. Baird set a $62.00 price objective on ASGN in a research report on Thursday, February 5th. Finally, Truist Financial raised their target price on ASGN from $50.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, January 27th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, ASGN has a consensus rating of “Reduce” and an average target price of $54.71.

ASGN Stock Down 13.9%

The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 16.29 and a beta of 0.87. The business has a fifty day simple moving average of $49.21 and a two-hundred day simple moving average of $48.66. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.65.

ASGN (NYSE:ASGN) last posted its earnings results on Wednesday, February 4th. The business services provider reported $1.15 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%.ASGN’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business earned $1.28 EPS. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. Equities analysts expect that ASGN Incorporated will post 5.15 EPS for the current year.

Institutional Investors Weigh In On ASGN

Several large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its position in shares of ASGN by 85.3% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 543 shares of the business services provider’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. GAMMA Investing LLC boosted its position in ASGN by 97.8% in the fourth quarter. GAMMA Investing LLC now owns 542 shares of the business services provider’s stock valued at $26,000 after buying an additional 268 shares in the last quarter. Rothschild Investment LLC grew its stake in ASGN by 119.0% during the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the business services provider’s stock worth $49,000 after buying an additional 551 shares during the last quarter. Kennedy Capital Management LLC increased its holdings in shares of ASGN by 1.7% during the second 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 in the last quarter. Finally, Torren Management LLC bought a new position in shares of ASGN in the fourth quarter valued at approximately $34,000. Institutional investors own 95.36% of the company’s stock.

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.