ASGN Incorporated (NYSE:EFOR) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• ASGN has a consensus “Hold” rating from eight analysts: two sell, four hold, one buy and one strong buy. The average 12-month price target is $28.67, below the stock’s reported $32.73 price.
• Analyst views have shifted in both directions, with Truist Financial upgrading ASGN to “Buy” and Zacks Research to “Strong Buy,” while Wells Fargo lowered its target to $26 and Jefferies reduced its target to $22.
• ASGN exceeded quarterly expectations with earnings of $0.91 per share versus an $0.82 estimate and revenue of $1.01 billion, although revenue declined 1.3% year over year. Institutional investors own 95.36% of the company.

ASGN Incorporated (NYSE:EFOR - Get Free Report) has been given a consensus recommendation of "Hold" by the eight analysts that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $28.6667.

Several research firms have commented on EFOR. Truist Financial upgraded shares of ASGN from a "hold" rating to a "buy" rating and increased their price objective for the company from $33.00 to $36.00 in a research note on Wednesday, July 22nd. Zacks Research raised ASGN from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 30th. Weiss Ratings downgraded ASGN from a "sell (d+)" rating to a "sell (d)" rating in a research report on Friday, September 11th. Jefferies Financial Group upgraded ASGN from an "underperform" rating to a "hold" rating and dropped their price target for the stock from $28.00 to $22.00 in a report on Friday, May 29th. Finally, Wells Fargo & Company decreased their target price on ASGN from $33.00 to $26.00 and set an "equal weight" rating for the company in a research report on Thursday, July 30th.

Hedge Funds Weigh In On ASGN

Several institutional investors have recently added to or reduced their stakes in the stock. Rothschild Investment LLC raised its position in ASGN by 119.0% in the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the company's stock worth $49,000 after acquiring an additional 551 shares during the period. SG Americas Securities LLC grew its position in shares of ASGN by 68.9% during the 1st quarter. SG Americas Securities LLC now owns 68,386 shares of the company's stock valued at $2,647,000 after acquiring an additional 27,903 shares during the period. Finally, Reinhart Partners LLC. grew its position in shares of ASGN by 12.5% during the 4th quarter. Reinhart Partners LLC. now owns 1,206,940 shares of the company's stock valued at $58,139,000 after acquiring an additional 134,513 shares during the period. Institutional investors own 95.36% of the company's stock.

ASGN Trading Down 0.1%

Shares of NYSE:EFOR opened at $32.73 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.80. The company has a market cap of $1.34 billion, a PE ratio of 16.87 and a beta of 0.46. The company's fifty day moving average is $28.83. ASGN has a 1-year low of $16.90 and a 1-year high of $54.94.

ASGN (NYSE:EFOR - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.82 by $0.09. ASGN had a net margin of 2.09% and a return on equity of 9.54%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $983.00 million. During the same quarter in the prior year, the company posted $1.17 earnings per share. The firm's revenue for the quarter was down 1.3% on a year-over-year basis. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. On average, sell-side analysts forecast that ASGN will post 3.6 earnings per share for the current fiscal year.

ASGN Company Profile

ASGN Incorporated is a provider of information technology services and professional staffing solutions. The company helps businesses and government organizations address technology, digital transformation and workforce needs through consulting, engineering, application development, cybersecurity, cloud and infrastructure services, as well as the placement of skilled information technology and professional personnel.

ASGN operates through commercial and federal government businesses. Its commercial operations serve companies across industries with IT consulting, managed services and talent solutions, while its federal government business supports U.S.

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