ASGN Incorporated (NYSE:ASGN - Free Report) - Equities researchers at William Blair reduced their Q2 2025 earnings per share (EPS) estimates for shares of ASGN in a note issued to investors on Thursday, April 24th. William Blair analyst M. Nolan now forecasts that the business services provider will post earnings of $1.08 per share for the quarter, down from their previous estimate of $1.30. The consensus estimate for ASGN's current full-year earnings is $5.15 per share. William Blair also issued estimates for ASGN's Q3 2025 earnings at $1.22 EPS, Q4 2025 earnings at $1.18 EPS, FY2025 earnings at $4.40 EPS, Q1 2026 earnings at $0.99 EPS, Q2 2026 earnings at $1.24 EPS, Q3 2026 earnings at $1.43 EPS, Q4 2026 earnings at $1.41 EPS and FY2026 earnings at $5.06 EPS.
ASGN (NYSE:ASGN - Get Free Report) last issued 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). The business had revenue of $968.30 million during the quarter, compared to analysts' expectations of $971.00 million. ASGN had a net margin of 4.27% and a return on equity of 13.22%. The business's quarterly revenue was down 7.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.16 EPS.
ASGN has been the topic of several other research reports. Canaccord Genuity Group reaffirmed 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. UBS Group lowered their target price on shares of ASGN from $56.00 to $54.00 and set a "sell" rating for the company in a research note on Thursday, April 24th. Truist Financial dropped their target price on ASGN from $105.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Finally, StockNews.com downgraded ASGN from a "buy" rating to a "hold" rating in a report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $74.40.
Read Our Latest Report on ASGN
ASGN Stock Up 2.3 %
NYSE ASGN traded up $1.16 during trading hours on Monday, hitting $51.87. 255,433 shares of the company were exchanged, compared to its average volume of 393,408. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 0.58. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 13.51 and a beta of 1.20. The company has a 50 day moving average of $62.24 and a two-hundred day moving average of $79.06. ASGN has a 52-week low of $47.64 and a 52-week high of $105.67.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in shares of ASGN in the first quarter valued at approximately $396,000. GAMMA Investing LLC boosted its stake in ASGN by 662.8% during the 1st quarter. GAMMA Investing LLC now owns 1,045 shares of the business services provider's stock worth $66,000 after purchasing an additional 908 shares during the period. Reinhart Partners LLC. grew its position in ASGN by 13.4% during the 1st quarter. Reinhart Partners LLC. now owns 665,987 shares of the business services provider's stock worth $41,971,000 after purchasing an additional 78,794 shares during the last quarter. Pinebridge Investments L.P. increased its stake in ASGN by 42.7% in the fourth quarter. Pinebridge Investments L.P. now owns 21,983 shares of the business services provider's stock valued at $1,832,000 after purchasing an additional 6,576 shares during the period. Finally, Cibc World Markets Corp purchased a new stake in shares of ASGN in the fourth quarter valued at about $337,000. Hedge funds and other institutional investors own 95.36% of the company's stock.
About ASGN
(
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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.
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