ASGN (ASGN) to Release Earnings on Wednesday

ASGN (NYSE:ASGN - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.08 per share and revenue of $994.64 million for the quarter. ASGN has set its Q2 2025 guidance at 1.030-1.140 EPS.

ASGN (NYSE:ASGN - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.92 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.03). ASGN had a return on equity of 12.55% and a net margin of 3.93%. The company had revenue of $968.30 million for the quarter, compared to analyst estimates of $971.00 million. During the same quarter last year, the company earned $1.16 EPS. The firm's revenue for the quarter was down 7.7% on a year-over-year basis. On average, analysts expect ASGN to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ASGN Price Performance

NYSE ASGN traded down $1.14 during trading hours on Friday, hitting $48.38. 457,343 shares of the company's stock traded hands, compared to its average volume of 428,711. ASGN has a 52-week low of $46.64 and a 52-week high of $105.00. The company has a market capitalization of $2.12 billion, a PE ratio of 13.78 and a beta of 0.97. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.37 and a quick ratio of 2.37. The firm's 50-day moving average is $52.13 and its 200-day moving average is $64.29.

Analysts Set New Price Targets

ASGN has been the topic of several recent analyst reports. Truist Financial decreased their price objective on shares of ASGN from $105.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. UBS Group decreased their price objective on shares of ASGN from $56.00 to $54.00 and set a "sell" rating on the stock in a report on Thursday, April 24th. Canaccord Genuity Group restated a "hold" rating and issued a $55.00 price objective (down from $115.00) on shares of ASGN in a report on Friday, April 25th. Jefferies Financial Group restated an "underperform" rating and issued a $42.00 price objective (down from $53.00) on shares of ASGN in a report on Monday, July 7th. Finally, Wells Fargo & Company initiated coverage on shares of ASGN in a report on Tuesday, June 3rd. They issued an "equal weight" rating and a $56.00 price objective on the stock. Two equities 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 stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $63.67.

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.