ASGN (NYSE:EFOR) Price Target Raised to $41.00

ASGN (NYSE:EFOR) had its target price increased by BMO Capital Markets from $30.00 to $41.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a market perform rating on the stock.

Several other equities analysts have also weighed in on the stock. Weiss Ratings raised shares of ASGN from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, September 28th. Truist Financial boosted their target price on shares of ASGN from $36.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday. Zacks Research lowered shares of ASGN from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Finally, Wells Fargo & Company dropped their price target on shares of ASGN from $33.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $31.50.

ASGN Price Performance

EFOR opened at $37.56 on Friday. ASGN has a fifty-two week low of $16.90 and a fifty-two week high of $54.94. The business’s 50-day moving average price is $32.58. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.13 and a quick ratio of 2.13. The stock has a market cap of $1.54 billion, a P/E ratio of 19.36 and a beta of 0.48.

ASGN (NYSE:EFOR) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.09. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $983.00 million. ASGN had a return on equity of 9.54% and a net margin of 2.09%. The firm’s revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.17 EPS. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. On average, equities research analysts expect that ASGN will post 3.60 earnings per share for the current fiscal year.

Institutional Trading of ASGN

A hedge fund recently raised its stake in ASGN stock. SG Americas Securities LLC increased its stake in shares of ASGN Incorporated (NYSE:EFOR) by 68.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 68,386 shares of the company’s stock after acquiring an additional 27,903 shares during the period. SG Americas Securities LLC owned 0.17% of ASGN worth $2,647,000 as of its most recent filing with the SEC. Institutional investors own 95.36% of the company’s stock.

About ASGN

ASGN Incorporated is a provider of IT services and professional workforce solutions. The company helps organizations address technology and business needs through consulting, project-based services, and the placement of highly skilled professionals.

Its service offerings include digital transformation, application modernization, cloud and infrastructure services, cybersecurity, data and analytics, artificial intelligence, and enterprise technology consulting. ASGN also provides technical and professional staffing services, supplying specialists in areas such as information technology, engineering, healthcare, and other business disciplines.

ASGN serves commercial and government organizations, with operations focused primarily on the United States and additional activity in Canada.