ASGN Incorporated (EFOR) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analyst sentiment is cautious: ASGN has an average “Reduce” rating from eight brokerages, with two sells, five holds, and one buy. The average 12-month price target is $31.50, below the cited share price of $38.27.
• Recent results exceeded expectations: ASGN reported quarterly EPS of $0.91 versus the $0.82 consensus estimate and revenue of $1.01 billion, although revenue declined 1.3% year over year and net margin was 2.09%.
• Institutional ownership remains high: Institutions own 95.36% of ASGN, while SG Americas Securities increased its stake by 68.9% during the first quarter.

ASGN Incorporated (NYSE:EFOR - Get Free Report) has received an average recommendation of "Reduce" from the eight brokerages that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $31.50.

A number of research analysts have weighed in on the company. Zacks Research downgraded ASGN from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 28th. Wells Fargo & Company dropped their price objective on ASGN from $33.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 30th. Weiss Ratings raised ASGN from a "sell (d)" rating to a "sell (d+)" rating in a report on Monday, September 28th. Truist Financial increased their price target on shares of ASGN from $36.00 to $45.00 and gave the company a "buy" rating in a research note on Friday, October 9th. Finally, BMO Capital Markets lifted their price objective on shares of ASGN from $30.00 to $41.00 and gave the company a "market perform" rating in a research report on Friday, October 9th.

ASGN Price Performance

Shares of NYSE:EFOR opened at $38.27 on Friday. The business's 50-day simple moving average is $33.30. ASGN has a one year low of $16.90 and a one year high of $54.94. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.80. The company has a market cap of $1.57 billion, a PE ratio of 19.73 and a beta of 0.48.

ASGN (NYSE:EFOR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $983.00 million. ASGN had a return on equity of 9.54% and a net margin of 2.09%. ASGN's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 EPS. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. On average, analysts anticipate that ASGN will post 3.60 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ASGN

An institutional investor recently raised its stake in ASGN stock. SG Americas Securities LLC increased its holdings in shares of ASGN Incorporated (NYSE:EFOR - Free Report) by 68.9% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 68,386 shares of the company's stock after purchasing an additional 27,903 shares during the period. SG Americas Securities LLC owned 0.17% of ASGN worth $2,647,000 as of its most recent filing with the SEC. Institutional investors own 95.36% of the company's stock.

About ASGN

ASGN Incorporated is a provider of IT services and professional workforce solutions. The company helps organizations address technology and business needs through consulting, project-based services, and the placement of highly skilled professionals.

Its service offerings include digital transformation, application modernization, cloud and infrastructure services, cybersecurity, data and analytics, artificial intelligence, and enterprise technology consulting. ASGN also provides technical and professional staffing services, supplying specialists in areas such as information technology, engineering, healthcare, and other business disciplines.

ASGN serves commercial and government organizations, with operations focused primarily on the United States and additional activity in Canada.

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