Brokerages Set ASGN Incorporated (NYSE:ASGN) Price Target at $54.71

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

ASGN has been the subject of several analyst reports. Wells Fargo & Company upped their target price on shares of ASGN from $49.00 to $54.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating and issued a $65.00 price objective on shares of ASGN in a report on Friday, February 6th. Truist Financial upped their price objective on shares of ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Wall Street Zen downgraded ASGN from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ASGN in a research report on Wednesday, January 21st.

Institutional Investors Weigh In On ASGN

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

ASGN Price Performance

ASGN stock opened at $39.03 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.16 and a current ratio of 2.16. ASGN has a 1 year low of $34.59 and a 1 year high of $62.76. The firm has a market cap of $1.61 billion, a P/E ratio of 14.95 and a beta of 0.89. The stock has a 50-day simple moving average of $42.91 and a 200-day simple moving average of $45.62.

ASGN (NYSE:ASGN) last released its quarterly earnings results on Wednesday, February 4th. The business services provider reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.03). ASGN had a return on equity of 10.94% and a net margin of 2.85%.The company had revenue of $980.10 million during the quarter, compared to analysts’ expectations of $979.05 million. During the same quarter in the prior year, the company earned $1.28 EPS. The firm’s revenue 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, equities analysts predict that ASGN will post 5.15 earnings per share for the current fiscal year.

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.