ASGN (NYSE:ASGN) Issues Q1 2026 Earnings Guidance

ASGN (NYSE:ASGN) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.930-1.020 for the period, compared to the consensus EPS estimate of 1.010. The company issued revenue guidance of $960.0 million-$980.0 million, compared to the consensus revenue estimate of $968.7 million.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Truist Financial boosted their price target on ASGN from $50.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, January 27th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $57.00 price objective on shares of ASGN in a research report on Wednesday, December 3rd. Wells Fargo & Company reduced their price objective on shares of ASGN from $51.00 to $49.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 21st. UBS Group decreased their price objective on ASGN from $47.00 to $45.00 and set a “sell” rating for the company in a report on Thursday, October 23rd. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of ASGN in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $51.33.

ASGN Stock Performance

NYSE:ASGN traded up $2.35 during mid-day trading on Wednesday, hitting $53.12. The company’s stock had a trading volume of 758,228 shares, compared to its average volume of 487,957. The business’s fifty day moving average is $48.73 and its two-hundred day moving average is $48.69. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 17.89 and a beta of 0.87. ASGN has a 1 year low of $39.25 and a 1 year high of $88.15. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.99 and a quick ratio of 1.99.

ASGN (NYSE:ASGN) last announced its quarterly earnings results on Wednesday, February 4th. The business services provider reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.03). The business had revenue of $980.10 million during the quarter, compared to analysts’ expectations of $979.05 million. ASGN had a net margin of 3.28% and a return on equity of 11.42%. ASGN’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.28 EPS. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. Analysts anticipate that ASGN will post 5.15 EPS for the current fiscal year.

Trending Headlines about ASGN

Here are the key news stories impacting ASGN this week:

• Positive Sentiment: Substantial government contracting backlog and recent awards support recurring revenue and visibility; Quiver’s report shows ~ $525.9M of award payments to ASGN over the last year, highlighting the firm’s government exposure and contract wins. ASGN Releases Q4 2025 Earnings
• Positive Sentiment: Apex Systems (an ASGN unit) achieved all six Microsoft Solutions Partner designations, which can support higher-margin services and win rates on enterprise deals. Apex Systems Achieves All Six Microsoft Solutions Partner Designations
• Neutral Sentiment: Top-line roughly in line with expectations: Q4 revenue reported ~$980.1M, essentially flat year-over-year and close to consensus — removes a big revenue surprise but doesn’t offset margin pressure. ASGN Q4 Results (MarketBeat)
• Negative Sentiment: EPS miss and material margin weakness: ASGN reported $1.15 EPS (small miss vs. consensus) and disclosed sizable declines in operating profit and net income year-over-year — Quiver notes operating profit down ~24% and net income down ~41%, which pressures valuation. ASGN Misses Q4 Earnings Estimates
• Negative Sentiment: Q1 2026 guidance slightly below consensus: EPS guide of $0.93–$1.02 vs. consensus ~ $1.01, and revenue guide $960–$980M versus consensus ~$968.7M — the lower end of ranges and modest EPS undercut could weigh on near-term stock performance. ASGN Press Release / Guidance
• Negative Sentiment: Balance sheet and cash flow trends flagged: reported cash fell year-over-year and total liabilities increased, per third-party reporting — these trends reduce financial flexibility and compound concerns from lower profitability. ASGN Q4 Financial Detail (Quiver)

Institutional Trading of ASGN

A hedge fund recently raised its stake in ASGN stock. Russell Investments Group Ltd. grew its stake in shares of ASGN Incorporated (NYSE:ASGN) by 96.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,497 shares of the business services provider’s stock after acquiring an additional 15,011 shares during the quarter. Russell Investments Group Ltd. owned about 0.07% of ASGN worth $1,444,000 at the end of the most recent quarter. 95.36% of the stock is owned by institutional investors.

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.