William Blair Has Positive Outlook for ASGN FY2025 Earnings

Key Points

• William Blair has increased its FY2025 EPS estimate for ASGN to $4.56 per share, reflecting a positive outlook for the business services provider.
• ASGN reported $1.31 EPS for its most recent quarter, exceeding the consensus estimate of $1.22 and achieving $1.01 billion in revenue.
• Institutional investors are actively modifying their stakes in ASGN, with notable increases from firms like GAMMA Investing, which grew its position by 662.8%.

ASGN Incorporated (NYSE:ASGN - Free Report) - Investment analysts at William Blair upped their FY2025 EPS estimates for ASGN in a research report issued to clients and investors on Thursday, October 23rd. William Blair analyst M. Nolan now anticipates that the business services provider will earn $4.56 per share for the year, up from their previous estimate of $4.49. The consensus estimate for ASGN's current full-year earnings is $5.15 per share. William Blair also issued estimates for ASGN's Q4 2025 earnings at $1.16 EPS, Q2 2026 earnings at $1.27 EPS, Q4 2026 earnings at $1.29 EPS, FY2026 earnings at $4.94 EPS and FY2027 earnings at $5.69 EPS.

ASGN has been the topic of several other reports. Jefferies Financial Group reiterated an "underperform" rating and issued a $42.00 price objective (down from $53.00) on shares of ASGN in a report on Monday, July 7th. Weiss Ratings reiterated a "sell (d+)" rating on shares of ASGN in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price objective on shares of ASGN from $56.00 to $51.00 and set an "equal weight" rating on the stock in a report on Thursday, July 24th. Truist Financial decreased their price objective on shares of ASGN from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Monday, October 13th. Finally, UBS Group decreased their price objective on shares of ASGN from $47.00 to $45.00 and set a "sell" rating on the stock in a report on Thursday. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of $59.67.

ASGN Price Performance

NYSE:ASGN opened at $44.44 on Friday. ASGN has a one year low of $42.77 and a one year high of $101.66. The company has a market cap of $1.95 billion, a P/E ratio of 14.96 and a beta of 0.93. The firm's fifty day moving average price is $50.02 and its two-hundred day moving average price is $51.95. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.11 and a quick ratio of 2.11.

ASGN (NYSE:ASGN - Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.22 by $0.09. ASGN had a net margin of 3.28% and a return on equity of 11.47%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period in the previous year, the company earned $1.43 earnings per share. The company's quarterly revenue was down 1.9% on a year-over-year basis. ASGN has set its Q4 2025 guidance at 1.120-1.200 EPS.

Hedge Funds Weigh In On ASGN

Several institutional investors and hedge funds have recently modified their holdings of ASGN. GAMMA Investing LLC grew its stake in shares of ASGN by 662.8% in the first quarter. GAMMA Investing LLC now owns 1,045 shares of the business services provider's stock valued at $66,000 after acquiring an additional 908 shares in the last quarter. Entropy Technologies LP grew its stake in shares of ASGN by 105.5% in the first quarter. Entropy Technologies LP now owns 7,378 shares of the business services provider's stock valued at $465,000 after acquiring an additional 3,788 shares in the last quarter. Russell Investments Group Ltd. grew its stake in ASGN by 3.1% during the first quarter. Russell Investments Group Ltd. now owns 16,074 shares of the business services provider's stock worth $1,013,000 after buying an additional 485 shares in the last quarter. Kennedy Capital Management LLC grew its stake in ASGN by 1.7% during the second quarter. Kennedy Capital Management LLC now owns 35,243 shares of the business services provider's stock worth $1,760,000 after buying an additional 594 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in ASGN by 1,376.9% during the third quarter. SG Americas Securities LLC now owns 73,224 shares of the business services provider's stock worth $3,467,000 after buying an additional 68,266 shares in the last quarter. 95.36% of the stock is currently owned by institutional investors and hedge funds.

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.

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