ASGN Incorporated (NYSE:EFOR) Stock Has Consensus Target Price of $28.67

Shares of ASGN Incorporated (NYSE:EFOR) have received a consensus rating of “Hold” from the eight analysts that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $28.67.

Several equities analysts recently weighed in on EFOR shares. Zacks Research raised ASGN from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Truist Financial upgraded ASGN from a “hold” rating to a “buy” rating and boosted their target price for the stock from $33.00 to $36.00 in a research report on Wednesday, July 22nd. Weiss Ratings lowered ASGN from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, September 11th. Jefferies Financial Group raised ASGN from an “underperform” rating to a “hold” rating and lowered their target price for the company from $28.00 to $22.00 in a report on Friday, May 29th. Finally, Wells Fargo & Company dropped their price target on ASGN from $33.00 to $26.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th.

Hedge Funds Weigh In On ASGN

Several hedge funds have recently added to or reduced their stakes in the business. Reinhart Partners LLC. raised its position in ASGN by 12.5% during the fourth quarter. Reinhart Partners LLC. now owns 1,206,940 shares of the company’s stock worth $58,139,000 after acquiring an additional 134,513 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of ASGN by 68.9% in the first quarter. SG Americas Securities LLC now owns 68,386 shares of the company’s stock valued at $2,647,000 after purchasing an additional 27,903 shares in the last quarter. Finally, Rothschild Investment LLC grew its position in shares of ASGN by 119.0% in the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock valued at $49,000 after purchasing an additional 551 shares during the last quarter. 95.36% of the stock is currently owned by hedge funds and other institutional investors.

ASGN Stock Down 2.6%

Shares of NYSE EFOR opened at $32.29 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.13 and a quick ratio of 2.13. ASGN has a 52 week low of $16.90 and a 52 week high of $54.94. The company has a 50-day moving average of $29.73. The firm has a market capitalization of $1.32 billion, a PE ratio of 16.64 and a beta of 0.46.

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

ASGN Company Profile

ASGN Incorporated is a provider of information technology services and professional staffing solutions. The company helps businesses and government organizations address technology, digital transformation and workforce needs through consulting, engineering, application development, cybersecurity, cloud and infrastructure services, as well as the placement of skilled information technology and professional personnel.

ASGN operates through commercial and federal government businesses. Its commercial operations serve companies across industries with IT consulting, managed services and talent solutions, while its federal government business supports U.S.