Analysts Set Expectations for ASGN’s Q1 Earnings (NYSE:ASGN)

ASGN Incorporated (NYSE:ASGN) – Investment analysts at William Blair reduced their Q1 2025 earnings estimates for shares of ASGN in a research report issued to clients and investors on Thursday, February 6th. William Blair analyst M. Nolan now forecasts that the business services provider will post earnings of $0.94 per share for the quarter, down from their previous forecast of $1.05. The consensus estimate for ASGN’s current full-year earnings is $5.17 per share. William Blair also issued estimates for ASGN’s Q2 2025 earnings at $1.27 EPS, Q3 2025 earnings at $1.44 EPS, Q4 2025 earnings at $1.38 EPS, FY2025 earnings at $5.04 EPS, Q2 2026 earnings at $1.48 EPS and FY2026 earnings at $5.88 EPS.

Several other brokerages also recently commented on ASGN. BMO Capital Markets upgraded shares of ASGN from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $96.00 to $100.00 in a research note on Friday, November 22nd. Canaccord Genuity Group restated a “buy” rating and issued a $115.00 target price on shares of ASGN in a research note on Thursday, October 24th. Finally, StockNews.com downgraded shares of ASGN from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $101.75.

ASGN Stock Down 4.8 %

Shares of NYSE:ASGN opened at $78.72 on Friday. ASGN has a 52 week low of $78.69 and a 52 week high of $106.42. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.25 and a current ratio of 2.25. The company’s fifty day moving average is $87.73 and its 200-day moving average is $91.19. The company has a market capitalization of $3.48 billion, a PE ratio of 19.93 and a beta of 1.38.

ASGN (NYSE:ASGN) last announced its quarterly earnings results on Wednesday, February 5th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.07. ASGN had a net margin of 4.37% and a return on equity of 13.65%.

Insiders Place Their Bets

In other news, CEO Theodore S. Hanson sold 1,200 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $99.64, for a total value of $119,568.00. Following the transaction, the chief executive officer now owns 288,855 shares of the company’s stock, valued at approximately $28,781,512.20. This trade represents a 0.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Reinhart Partners LLC. boosted its stake in shares of ASGN by 7.2% in the 3rd quarter. Reinhart Partners LLC. now owns 588,999 shares of the business services provider’s stock valued at $54,912,000 after purchasing an additional 39,607 shares during the last quarter. Argent Capital Management LLC boosted its stake in shares of ASGN by 31.6% in the 4th quarter. Argent Capital Management LLC now owns 13,898 shares of the business services provider’s stock valued at $1,158,000 after purchasing an additional 3,339 shares during the last quarter. Handelsbanken Fonder AB boosted its stake in shares of ASGN by 28.2% in the 3rd quarter. Handelsbanken Fonder AB now owns 11,823 shares of the business services provider’s stock valued at $1,102,000 after purchasing an additional 2,600 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of ASGN by 17.3% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,414 shares of the business services provider’s stock valued at $505,000 after purchasing an additional 800 shares during the last quarter. Finally, Entropy Technologies LP bought a new position in shares of ASGN in the 4th quarter valued at about $299,000. Institutional investors own 95.36% of the company’s stock.

ASGN Company Profile

ASGN Incorporated engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to enterprise clients.