ASGN (ASGN) Projected to Post Earnings on Wednesday

ASGN (NYSE:ASGN - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 23rd. Analysts expect ASGN to post 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 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.03). ASGN had a net margin of 3.93% and a return on equity of 12.55%. The business had revenue of $968.30 million during the quarter, compared to analyst estimates of $971.00 million. During the same quarter last year, the company posted $1.16 earnings per share. The company's revenue 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 Stock Performance

Shares of ASGN stock traded down $0.21 on Friday, hitting $49.31. The company's stock had a trading volume of 15,314 shares, compared to its average volume of 426,900. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.37 and a current ratio of 2.37. The stock's 50 day moving average is $52.28 and its 200-day moving average is $64.53. ASGN has a fifty-two week low of $46.64 and a fifty-two week high of $105.67. The company has a market capitalization of $2.16 billion, a PE ratio of 14.10 and a beta of 0.97.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wells Fargo & Company started coverage on shares of ASGN in a research note on Tuesday, June 3rd. They issued an "equal weight" rating and a $56.00 price target on the stock. Truist Financial dropped their target price on shares of ASGN from $105.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Jefferies Financial Group reissued an "underperform" rating and issued a $42.00 target price (down previously from $53.00) on shares of ASGN in a report on Monday, July 7th. Canaccord Genuity Group reissued a "hold" rating and issued a $55.00 target price (down previously from $115.00) on shares of ASGN in a report on Friday, April 25th. Finally, UBS Group dropped their target price on shares of ASGN from $56.00 to $54.00 and set a "sell" rating for the company in a report on Thursday, April 24th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus 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.