Brokerages Set ASGN Incorporated (NYSE:ASGN) Target Price at $50.00

ASGN Incorporated (NYSE:ASGN) has been given a consensus recommendation of “Reduce” by the eight research firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $50.00.

A number of research analysts recently commented on ASGN shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of ASGN in a research note on Wednesday, October 8th. Truist Financial lowered their target price on ASGN from $65.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Wells Fargo & Company boosted their price target on ASGN from $41.00 to $51.00 and gave the company an “equal weight” rating in a research note on Wednesday. BMO Capital Markets reiterated an “outperform” rating and set a $57.00 price objective on shares of ASGN in a research report on Wednesday, December 3rd. Finally, UBS Group reduced their target price on shares of ASGN from $47.00 to $45.00 and set a “sell” rating for the company in a research report on Thursday, October 23rd.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ASGN. EverSource Wealth Advisors LLC raised its position in shares of ASGN by 85.3% in the third quarter. EverSource Wealth Advisors LLC now owns 543 shares of the business services provider’s stock valued at $26,000 after buying an additional 250 shares in the last quarter. GAMMA Investing LLC raised its holdings in ASGN by 97.8% in the 4th quarter. GAMMA Investing LLC now owns 542 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 268 shares in the last quarter. LRI Investments LLC raised its holdings in ASGN by 761.9% in the 3rd quarter. LRI Investments LLC now owns 1,741 shares of the business services provider’s stock valued at $82,000 after acquiring an additional 1,539 shares in the last quarter. TradeLink Capital LLC bought a new stake in shares of ASGN during the 3rd quarter valued at $259,000. Finally, Horizon Investments LLC acquired a new stake in shares of ASGN during the 3rd quarter worth $515,000. 95.36% of the stock is owned by institutional investors.

ASGN Stock Down 1.9%

Shares of ASGN stock opened at $49.05 on Thursday. ASGN has a 52-week low of $39.25 and a 52-week high of $95.29. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 16.52 and a beta of 0.86. The firm’s 50-day moving average is $46.77 and its 200-day moving average is $48.62. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.99 and a current ratio of 1.99.

ASGN (NYSE:ASGN) last released its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.09. ASGN had a return on equity of 11.42% and a net margin of 3.28%.The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period last year, the firm posted $1.43 earnings per share. The business’s revenue was down 1.9% on a year-over-year basis. ASGN has set its Q4 2025 guidance at 1.120-1.200 EPS. Sell-side analysts predict that ASGN will post 5.15 EPS for the current year.

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.