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

Shares of ASGN Incorporated (NYSE:ASGN) have been given an average recommendation of “Reduce” by the eight brokerages that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $54.7143.

Several research analysts have recently commented on ASGN shares. Truist Financial boosted their target price on ASGN from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Wells Fargo & Company increased 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. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ASGN in a report on Wednesday, January 21st. Robert W. Baird set a $62.00 price objective on ASGN in a report on Thursday, February 5th. Finally, Wall Street Zen downgraded ASGN from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. New South Capital Management Inc. lifted its stake in shares of ASGN by 46.0% in the 3rd quarter. New South Capital Management Inc. now owns 456,116 shares of the business services provider’s stock valued at $21,597,000 after purchasing an additional 143,696 shares during the period. Tudor Investment Corp ET AL acquired a new stake in shares of ASGN in the 3rd quarter valued at approximately $8,030,000. Congress Asset Management Co. bought a new position in ASGN during the 3rd quarter worth approximately $4,065,000. Reinhart Partners LLC. boosted its stake in ASGN by 5.2% during the 3rd quarter. Reinhart Partners LLC. now owns 1,072,427 shares of the business services provider’s stock worth $50,780,000 after acquiring an additional 53,021 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in ASGN by 1,376.9% during the 3rd quarter. SG Americas Securities LLC now owns 73,224 shares of the business services provider’s stock worth $3,467,000 after acquiring an additional 68,266 shares during the last quarter. Institutional investors and hedge funds own 95.36% of the company’s stock.

ASGN Stock Down 1.7%

ASGN opened at $38.40 on Tuesday. ASGN has a fifty-two week low of $34.59 and a fifty-two week high of $62.75. 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’s fifty day moving average price is $42.43 and its two-hundred day moving average price is $45.38. The company has a market capitalization of $1.59 billion, a P/E ratio of 14.71 and a beta of 0.89.

ASGN (NYSE:ASGN) last released 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 company had revenue of $980.10 million for 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 revenue for the quarter was down .5% compared to the same quarter last year. During the same period 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, analysts anticipate that ASGN will post 5.15 EPS for the current year.

About ASGN

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.