ASGN (NYSE:ASGN) Releases Q3 2025 Earnings Guidance

ASGN (NYSE:ASGN - Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.180-1.260 for the period, compared to the consensus EPS estimate of 1.221. The company issued revenue guidance of $992.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.

ASGN Stock Down 1.7%

ASGN stock traded down $0.95 during trading hours on Friday, hitting $54.70. 1,297,513 shares of the stock traded hands, compared to its average volume of 527,968. The firm's 50-day moving average price is $51.68 and its two-hundred day moving average price is $63.37. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.72. The company has a market cap of $2.40 billion, a PE ratio of 17.31 and a beta of 0.97. ASGN has a one year low of $46.63 and a one year high of $101.66.

ASGN (NYSE:ASGN - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.09. ASGN had a return on equity of 11.98% and a net margin of 3.50%. The business had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $994.64 million. During the same period in the previous year, the firm posted $1.36 EPS. The business's revenue was down 1.4% on a year-over-year basis. On average, research analysts forecast that ASGN will post 5.15 EPS for the current year.

Analyst Ratings Changes

ASGN has been the topic of several analyst reports. Wells Fargo & Company lowered their price objective on ASGN from $56.00 to $51.00 and set an "equal weight" rating on the stock in a research report on Thursday. UBS Group cut their price objective on ASGN from $49.00 to $47.00 and set a "sell" rating for the company in a research report on Thursday. Canaccord Genuity Group reissued a "hold" rating and issued a $55.00 price objective (down previously from $115.00) on shares of ASGN in a research note on Friday, April 25th. Jefferies Financial Group reaffirmed an "underperform" rating and set a $42.00 target price (down from $53.00) on shares of ASGN in a research report on Monday, July 7th. Finally, Truist Financial cut their price target 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. Two 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 MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $61.67.

About ASGN

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.