ASGN (NYSE:ASGN) Releases Q2 2026 Earnings Guidance

ASGN (NYSE:ASGN) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.720-0.900 for the period, compared to the consensus estimate of 1.280. The company issued revenue guidance of $970.0M-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ASGN. Weiss Ratings reiterated a “sell (d+)” rating on shares of ASGN in a research note on Monday. Wells Fargo & Company lifted their price target on ASGN from $49.00 to $54.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating and issued a $65.00 price target on shares of ASGN in a research note on Friday, February 6th. Robert W. Baird set a $62.00 price target on ASGN in a research note on Thursday, February 5th. Finally, Wall Street Zen lowered ASGN from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. 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. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $54.71.

ASGN Price Performance

Shares of ASGN stock traded down $0.04 on Wednesday, hitting $40.51. The company’s stock had a trading volume of 523,874 shares, compared to its average volume of 758,661. 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 has a 1 year low of $34.59 and a 1 year high of $60.75. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 15.52 and a beta of 0.89. The firm has a fifty day moving average price of $39.61 and a 200-day moving average price of $44.61.

ASGN (NYSE:ASGN) last posted its quarterly earnings data 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). ASGN had a return on equity of 10.94% and a net margin of 2.85%.The firm had revenue of $980.10 million during the quarter, compared to analyst estimates of $979.05 million. During the same quarter in the previous year, the firm posted $1.28 earnings per share. The company’s quarterly revenue was down .5% on a year-over-year basis. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. As a group, sell-side analysts anticipate that ASGN will post 5.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ASGN

Institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted 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 worth $67,000 after buying an additional 912 shares during the last quarter. Horizon Investments LLC acquired a new stake in ASGN in the 3rd quarter worth about $515,000. Russell Investments Group Ltd. boosted its holdings in ASGN by 96.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 30,497 shares of the business services provider’s stock worth $1,444,000 after buying an additional 15,011 shares during the last quarter. Finally, New South Capital Management Inc. boosted its holdings in ASGN by 39.2% in 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 buying an additional 178,895 shares during the last quarter. 95.36% of the stock is currently 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.