ASGN (NYSE:ASGN) Sets New 1-Year Low – Time to Sell?

ASGN Incorporated (NYSE:ASGN)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $38.51 and last traded at $39.2210, with a volume of 177311 shares traded. The stock had previously closed at $40.33.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Truist Financial boosted their price target on ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Robert W. Baird set a $62.00 price objective on ASGN in a research report on Thursday, February 5th. Wells Fargo & Company upped their price target on shares of ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 5th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $65.00 target price on shares of ASGN in a report on Friday, February 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $54.71.

ASGN Trading Down 2.7%

The business has a 50-day moving average of $47.07 and a 200 day moving average of $47.46. The stock has a market cap of $1.62 billion, a PE ratio of 15.04 and a beta of 0.88. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.16 and a current ratio of 2.16.

ASGN (NYSE:ASGN) last released its quarterly earnings results on Wednesday, February 4th. The business services provider reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by ($0.03). The firm had revenue of $980.10 million for 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 revenue for the quarter was down .5% on a year-over-year basis. During the same period 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. Equities research analysts predict that ASGN Incorporated will post 5.15 EPS for the current fiscal year.

Institutional Trading of ASGN

A number of hedge funds have recently added to or reduced their stakes in ASGN. Russell Investments Group Ltd. increased its stake in shares of ASGN by 106.4% during the 4th quarter. Russell Investments Group Ltd. now owns 62,934 shares of the business services provider’s stock valued at $3,032,000 after acquiring an additional 32,437 shares during the last quarter. New South Capital Management Inc. lifted its holdings 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 valued at $30,588,000 after acquiring an additional 178,895 shares in the last quarter. Parallel Advisors LLC increased its holdings in ASGN by 190.8% in the 4th quarter. Parallel Advisors LLC now owns 1,390 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 912 shares in the last quarter. Reinhart Partners LLC. raised its position in ASGN by 12.5% in the fourth 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 position in shares of ASGN by 119.0% in the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the business services provider’s stock worth $49,000 after buying an additional 551 shares during the period. 95.36% of the stock is owned by institutional investors and hedge funds.

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.