Brokerages Set ASGN Incorporated (NYSE:EFOR) PT at $29.33

Shares of ASGN Incorporated (NYSE:EFOR) have earned a consensus recommendation of “Reduce” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $29.3333.

A number of analysts recently commented on EFOR shares. Zacks Research raised ASGN from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Robert W. Baird decreased their price objective on ASGN from $62.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Jefferies Financial Group raised ASGN from an “underperform” rating to a “hold” rating and lowered their target price for the stock from $28.00 to $22.00 in a research report on Friday, May 29th. Weiss Ratings cut ASGN from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen lowered shares of ASGN from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd.

ASGN Stock Up 1.1%

Shares of EFOR stock opened at $17.30 on Thursday. The stock’s 50 day moving average is $19.21. The firm has a market cap of $711.03 million, a P/E ratio of 7.65 and a beta of 0.52. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.82. ASGN has a 52 week low of $16.90 and a 52 week high of $60.75.

ASGN (NYSE:EFOR) last issued its 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 company had revenue of $968.30 million for the quarter. ASGN had a return on equity of 10.30% and a net margin of 2.46%.The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 earnings per share. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. Analysts anticipate that ASGN will post 3.39 earnings per share for the current year.

Insider Transactions at ASGN

In other ASGN news, Director Brian J. Callaghan purchased 5,121 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were acquired at an average price of $20.27 per share, with a total value of $103,802.67. Following the transaction, the director owned 328,950 shares in the company, valued at $6,667,816.50. The trade was a 1.58% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Theodore S. Hanson purchased 51,965 shares of the business’s stock in a transaction on Friday, April 24th. The shares were bought at an average price of $19.24 per share, with a total value of $999,806.60. Following the purchase, the chief executive officer directly owned 376,843 shares in the company, valued at approximately $7,250,459.32. The trade was a 16.00% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 91,375 shares of company stock valued at $1,770,367. Corporate insiders own 14.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EFOR. GAMMA Investing LLC lifted its stake in ASGN by 97.8% during 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 purchased a new position in shares of ASGN in the 4th quarter worth approximately $34,000. Rothschild Investment LLC boosted 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 worth $49,000 after buying an additional 551 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of ASGN by 190.8% in the fourth 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. Finally, Seizert Capital Partners LLC purchased a new stake in shares of ASGN during the fourth quarter valued at approximately $245,000. Institutional investors own 95.36% of the company’s stock.

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.