ASGN (NYSE:EFOR) EVP Acquires $100,045.00 in Stock

ASGN Incorporated (NYSE:EFOR) EVP Marie Perry purchased 5,350 shares of ASGN stock in a transaction dated Friday, April 24th. The shares were purchased at an average price of $18.70 per share, with a total value of $100,045.00. Following the completion of the acquisition, the executive vice president owned 58,328 shares in the company, valued at $1,090,733.60. The trade was a 10.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

ASGN Trading Up 3.6%

Shares of ASGN stock opened at $22.91 on Thursday. The stock has a market cap of $946.18 million, a PE ratio of 10.14 and a beta of 0.89. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.16 and a quick ratio of 2.16. ASGN Incorporated has a 52-week low of $18.50 and a 52-week high of $60.75.

ASGN (NYSE:EFOR) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.28). The firm had revenue of $968.30 million for the quarter. ASGN had a net margin of 2.46% and a return on equity of 10.30%. ASGN’s revenue was up .0% compared to the same quarter last year. During the same period last year, the company posted $0.92 EPS. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. Equities research analysts expect that ASGN Incorporated will post 3.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its stake in shares of ASGN by 85.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 543 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of ASGN by 97.8% in the 4th quarter. GAMMA Investing LLC now owns 542 shares of the company’s stock valued at $26,000 after acquiring an additional 268 shares in the last quarter. Torren Management LLC bought a new position in shares of ASGN in the 4th quarter valued at approximately $34,000. Rothschild Investment LLC raised its stake in shares of ASGN by 119.0% in the 4th quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock valued at $49,000 after acquiring an additional 551 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of ASGN by 190.8% in the 4th quarter. Parallel Advisors LLC now owns 1,390 shares of the company’s stock valued at $67,000 after acquiring an additional 912 shares in the last quarter. 95.36% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EFOR. Weiss Ratings reiterated a “sell (d+)” rating on shares of ASGN in a report on Monday, April 20th. BMO Capital Markets lowered ASGN from an “outperform” rating to a “market perform” rating and set a $33.00 price target for the company. in a report on Thursday, April 23rd. UBS Group cut their price objective on ASGN from $39.00 to $35.00 and set a “sell” rating on the stock in a research note on Thursday, April 23rd. Wells Fargo & Company cut their price objective on ASGN from $54.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 23rd. Finally, Robert W. Baird cut their price objective on ASGN from $62.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Four analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $35.67.

About ASGN

ASGN is a provider of professional services that connects skilled talent with organizations seeking technology, digital, creative and engineering expertise. The firm focuses on staffing and workforce solutions, delivering contract and permanent placement services as well as project-based consulting and managed services to support clients’ technical and operational needs.

Its offerings commonly include IT consulting, digital transformation support, application development and maintenance, data and analytics, cybersecurity, cloud services and engineering resources.