ASGN Incorporated (NYSE:EFOR) Stock Now Rated “Hold” by Sell-Side Brokerages

Shares of ASGN Incorporated (NYSE:EFOR) have received an average rating of “Hold” from the eight brokerages that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $28.67.

Several research firms have commented on EFOR. Truist Financial raised ASGN from a “hold” rating to a “buy” rating and upped their price objective for the company from $33.00 to $36.00 in a research note on Wednesday, July 22nd. Weiss Ratings cut ASGN from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, September 11th. Zacks Research raised ASGN from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Finally, Wells Fargo & Company lowered their price objective on shares of ASGN from $33.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th.

ASGN Stock Performance

NYSE EFOR opened at $33.16 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 17.09 and a beta of 0.46. ASGN has a one year low of $16.90 and a one year high of $54.94. The company has a fifty day simple moving average of $30.02.

ASGN (NYSE:EFOR) last announced its earnings results on Wednesday, July 29th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.09. ASGN had a net margin of 2.09% and a return on equity of 9.54%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $983.00 million. During the same quarter in the prior year, the firm earned $1.17 earnings per share. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. Research analysts predict that ASGN will post 3.6 earnings per share for the current year.

Institutional Trading of ASGN

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rothschild Investment LLC lifted its position in ASGN by 119.0% in the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock valued at $49,000 after purchasing an additional 551 shares during the period. SG Americas Securities LLC increased its position in ASGN by 68.9% during the 1st quarter. SG Americas Securities LLC now owns 68,386 shares of the company’s stock worth $2,647,000 after purchasing an additional 27,903 shares during the period. Finally, Reinhart Partners LLC. raised its stake in shares of ASGN by 12.5% during the 4th quarter. Reinhart Partners LLC. now owns 1,206,940 shares of the company’s stock worth $58,139,000 after buying an additional 134,513 shares in the last quarter. Hedge funds and other institutional investors own 95.36% of the company’s stock.

About ASGN

ASGN Incorporated is a provider of information technology services and professional staffing solutions. The company helps businesses and government organizations address technology, digital transformation and workforce needs through consulting, engineering, application development, cybersecurity, cloud and infrastructure services, as well as the placement of skilled information technology and professional personnel.

ASGN operates through commercial and federal government businesses. Its commercial operations serve companies across industries with IT consulting, managed services and talent solutions, while its federal government business supports U.S.