Analysts Set ASGN Incorporated (NYSE:EFOR) PT at $28.67

Shares of ASGN Incorporated (NYSE:EFOR) have been given a consensus rating of “Hold” by the eight brokerages that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $28.6667.

Several equities analysts recently issued reports on the company. Truist Financial raised ASGN from a “hold” rating to a “buy” rating and increased their target price for the stock from $33.00 to $36.00 in a research note on Wednesday, July 22nd. Wells Fargo & Company dropped their price target on shares of ASGN from $33.00 to $26.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. UBS Group decreased their price target on ASGN from $35.00 to $17.00 and set a “sell” rating for the company in a report on Friday, May 22nd. Jefferies Financial Group upgraded ASGN from an “underperform” rating to a “hold” rating and cut their target price for the stock from $28.00 to $22.00 in a research report on Friday, May 29th. Finally, Weiss Ratings raised shares of ASGN from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 26th.

ASGN Trading Up 2.8%

Shares of EFOR opened at $31.73 on Friday. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 16.36 and a beta of 0.46. ASGN has a 12 month low of $16.90 and a 12 month high of $54.94. The firm has a 50 day simple moving average of $25.44. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.13 and a current ratio of 2.13.

ASGN (NYSE:EFOR) last released its earnings results on Wednesday, July 29th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.09. The business 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 business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.17 earnings per share. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. Equities research analysts forecast that ASGN will post 3.6 EPS for the current year.

Institutional Trading of ASGN

Large investors have recently bought and sold shares of the company. New South Capital Management Inc. grew its position in shares of ASGN by 39.2% in the fourth quarter. New South Capital Management Inc. now owns 635,011 shares of the company’s stock valued at $30,588,000 after purchasing an additional 178,895 shares during the last quarter. Reinhart Partners LLC. boosted its holdings in shares of ASGN by 12.5% in the 4th quarter. Reinhart Partners LLC. now owns 1,206,940 shares of the company’s stock valued at $58,139,000 after purchasing an additional 134,513 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of ASGN by 106.4% in the 4th quarter. Russell Investments Group Ltd. now owns 62,934 shares of the company’s stock valued at $3,032,000 after purchasing an additional 32,437 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of ASGN by 68.9% during the 1st quarter. SG Americas Securities LLC now owns 68,386 shares of the company’s stock valued at $2,647,000 after buying an additional 27,903 shares during the period. Finally, Horizon Investments LLC purchased a new stake in shares of ASGN during the 3rd quarter valued at $515,000. Institutional investors and hedge funds own 95.36% of the company’s stock.

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.