ASGN (NYSE:ASGN) Hits New 12-Month Low – What’s Next?

ASGN Incorporated (NYSE:ASGN) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $35.56 and last traded at $35.6350, with a volume of 58206 shares trading hands. The stock had previously closed at $37.06.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. BMO Capital Markets reissued an “outperform” rating and issued a $65.00 target price on shares of ASGN in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ASGN in a research note on Wednesday, January 21st. Wells Fargo & Company upped their price objective on shares of ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Robert W. Baird set a $62.00 target price on shares of ASGN in a research report on Thursday, February 5th. Finally, Wall Street Zen upgraded ASGN from a “hold” rating to a “buy” rating in a report on Saturday. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, ASGN presently has an average rating of “Reduce” and a consensus price target of $54.71.

ASGN Stock Performance

The company has a market cap of $1.47 billion, a price-to-earnings ratio of 13.65 and a beta of 0.88. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.16 and a quick ratio of 2.16. The firm has a fifty day simple moving average of $45.80 and a 200 day simple moving average of $46.78.

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

Institutional Investors Weigh In On ASGN

Hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. grew its position in shares of ASGN by 106.4% in the fourth quarter. Russell Investments Group Ltd. now owns 62,934 shares of the business services provider’s stock valued at $3,032,000 after purchasing an additional 32,437 shares during the last quarter. New South Capital Management Inc. lifted its position in shares of ASGN by 39.2% during the 4th quarter. New South Capital Management Inc. now owns 635,011 shares of the business services provider’s stock worth $30,588,000 after purchasing an additional 178,895 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of ASGN by 190.8% during the 4th quarter. Parallel Advisors LLC now owns 1,390 shares of the business services provider’s stock worth $67,000 after purchasing an additional 912 shares during the last quarter. Reinhart Partners LLC. boosted its stake in ASGN by 12.5% during the 4th quarter. Reinhart Partners LLC. now owns 1,206,940 shares of the business services provider’s stock valued at $58,139,000 after purchasing an additional 134,513 shares during the period. Finally, Rothschild Investment LLC boosted its stake in ASGN by 119.0% during the 4th quarter. Rothschild Investment LLC now owns 1,014 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 551 shares during the period. 95.36% of the stock is currently 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.