Brokers Offer Predictions for ASGN’s Q1 Earnings (NYSE:ASGN)

ASGN Incorporated (NYSE:ASGN) – Equities researchers at William Blair cut their Q1 2025 earnings estimates for shares of ASGN in a research note issued to investors on Thursday, February 6th. William Blair analyst M. Nolan now anticipates that the business services provider will post earnings of $0.94 per share for the quarter, down from their previous estimate of $1.05. The consensus estimate for ASGN’s current full-year earnings is $5.17 per share. William Blair also issued estimates for ASGN’s Q2 2025 earnings at $1.27 EPS, Q3 2025 earnings at $1.44 EPS, Q4 2025 earnings at $1.38 EPS, FY2025 earnings at $5.04 EPS, Q2 2026 earnings at $1.48 EPS and FY2026 earnings at $5.88 EPS.

A number of other research analysts also recently commented on ASGN. StockNews.com downgraded shares of ASGN from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. BMO Capital Markets raised shares of ASGN from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $96.00 to $100.00 in a research note on Friday, November 22nd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $115.00 price objective on shares of ASGN in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $101.75.

ASGN Trading Down 5.8 %

Shares of ASGN stock opened at $82.76 on Friday. ASGN has a twelve month low of $81.64 and a twelve month high of $106.42. The firm has a 50-day moving average price of $87.89 and a 200 day moving average price of $91.25. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 20.95 and a beta of 1.38.

ASGN (NYSE:ASGN) last released its quarterly earnings results on Wednesday, February 5th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.07. ASGN had a return on equity of 13.65% and a net margin of 4.37%.

Insider Transactions at ASGN

In other ASGN news, CEO Theodore S. Hanson sold 1,200 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $99.64, for a total value of $119,568.00. Following the completion of the transaction, the chief executive officer now directly owns 288,855 shares of the company’s stock, valued at $28,781,512.20. This represents a 0.41 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 3.20% of the company’s stock.

Institutional Trading of ASGN

Several institutional investors have recently added to or reduced their stakes in ASGN. J.Safra Asset Management Corp increased its stake in ASGN by 48.1% during the fourth quarter. J.Safra Asset Management Corp now owns 428 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 139 shares during the last quarter. Cim Investment Management Inc. bought a new position in ASGN in the 3rd quarter valued at about $205,000. Entropy Technologies LP bought a new position in ASGN in the 4th quarter valued at about $299,000. Crossmark Global Holdings Inc. grew its position in ASGN by 17.3% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,414 shares of the business services provider’s stock valued at $505,000 after buying an additional 800 shares in the last quarter. Finally, Argent Capital Management LLC grew its position in ASGN by 12.1% in the 3rd quarter. Argent Capital Management LLC now owns 10,559 shares of the business services provider’s stock valued at $984,000 after buying an additional 1,142 shares in the last quarter. 95.36% of the stock is owned by institutional investors and hedge funds.

ASGN Company Profile

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.