ASGN Incorporated (NYSE:EFOR) Given Average Recommendation of “Hold” by Brokerages

ASGN Incorporated (NYSE:EFOR) has received an average rating of “Hold” from the eight brokerages that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $28.6667.

A number of research firms have recently commented on EFOR. Zacks Research upgraded ASGN from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Robert W. Baird decreased their price target on shares of ASGN from $62.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Wells Fargo & Company lowered their price objective on shares of ASGN from $33.00 to $26.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Jefferies Financial Group raised shares of ASGN from an “underperform” rating to a “hold” rating and dropped their price objective for the stock from $28.00 to $22.00 in a research note on Friday, May 29th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of ASGN in a report on Monday, August 3rd.

Institutional Investors Weigh In On ASGN

Several institutional investors have recently modified their holdings of the stock. Torren Management LLC bought a new position in shares of ASGN during the 4th quarter valued at approximately $34,000. Rothschild Investment LLC raised its holdings in ASGN by 119.0% during the 4th quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock valued at $49,000 after buying an additional 551 shares during the period. Parallel Advisors LLC lifted its position in ASGN by 190.8% in the fourth quarter. Parallel Advisors LLC now owns 1,390 shares of the company’s stock worth $67,000 after buying an additional 912 shares during the last quarter. Seizert Capital Partners LLC bought a new stake in ASGN in the fourth quarter worth $245,000. Finally, Horizon Investments LLC purchased a new position in ASGN during the third quarter worth $515,000. 95.36% of the stock is owned by institutional investors.

ASGN Stock Up 0.4%

Shares of ASGN stock opened at $32.36 on Monday. ASGN has a twelve month low of $16.90 and a twelve month high of $54.94. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.80. The firm’s 50-day moving average price is $20.95. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 16.68 and a beta of 0.46.

ASGN (NYSE:EFOR) last posted its earnings results on Wednesday, July 29th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $983.00 million. ASGN had a return on equity of 9.54% and a net margin of 2.09%.The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.17 earnings per share. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. On average, equities analysts expect that ASGN will post 3.6 EPS for the current fiscal year.

About ASGN

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.