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

ASGN Incorporated (NYSE:ASGN) has been given an average rating of “Reduce” by the eight brokerages that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $54.7143.

Several research firms recently weighed in on ASGN. BMO Capital Markets restated an “outperform” rating and set a $65.00 target price on shares of ASGN in a research note on Friday, February 6th. Truist Financial increased their price target on shares of ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a report on Wednesday, January 21st. Wells Fargo & Company boosted their price objective on shares of ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Finally, Robert W. Baird set a $62.00 target price on shares of ASGN in a report on Thursday, February 5th.

ASGN Stock Performance

Shares of ASGN stock opened at $36.77 on Friday. The company has a market cap of $1.52 billion, a P/E ratio of 14.09 and a beta of 0.88. The firm has a fifty day moving average price of $46.46 and a 200 day moving average price of $47.22. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 0.65. ASGN has a 12 month low of $36.74 and a 12 month high of $69.63.

ASGN (NYSE:ASGN) last posted 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). The business had revenue of $980.10 million during the quarter, compared to analyst estimates of $979.05 million. ASGN had a net margin of 2.85% and a return on equity of 10.94%. The firm’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.28 earnings per share. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. Sell-side analysts predict that ASGN will post 5.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ASGN

Large investors have recently bought and sold shares of the stock. Kennedy Capital Management LLC grew its holdings in shares of ASGN by 1.7% during the second quarter. Kennedy Capital Management LLC now owns 35,243 shares of the business services provider’s stock worth $1,760,000 after purchasing an additional 594 shares during the last quarter. Congress Asset Management Co. acquired a new stake in shares of ASGN during the third quarter worth about $4,065,000. SG Americas Securities LLC lifted its holdings in shares of ASGN by 1,376.9% in the 3rd quarter. SG Americas Securities LLC now owns 73,224 shares of the business services provider’s stock valued at $3,467,000 after purchasing an additional 68,266 shares during the last quarter. Reinhart Partners LLC. boosted its position in shares of ASGN by 5.2% in the 3rd quarter. Reinhart Partners LLC. now owns 1,072,427 shares of the business services provider’s stock valued at $50,780,000 after purchasing an additional 53,021 shares during the period. Finally, TradeLink Capital LLC acquired a new stake in shares of ASGN in the 3rd quarter valued at about $259,000. Institutional investors and hedge funds own 95.36% of the company’s stock.

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.