Insider Buying: ASGN (NYSE:EFOR) Director Buys $103,802.67 in Stock

ASGN Incorporated (NYSE:EFOR) Director Brian Callaghan acquired 5,121 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was purchased at an average cost of $20.27 per share, with a total value of $103,802.67. Following the acquisition, the director directly owned 328,950 shares of the company’s stock, valued at $6,667,816.50. This trade represents a 1.58% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

ASGN Price Performance

Shares of EFOR opened at $22.91 on Thursday. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.82. ASGN Incorporated has a 12-month low of $18.50 and a 12-month high of $60.75. The stock has a market capitalization of $946.18 million, a P/E ratio of 10.14 and a beta of 0.89.

ASGN (NYSE:EFOR) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.28). ASGN had a net margin of 2.46% and a return on equity of 10.30%. The firm had revenue of $968.30 million during the quarter. During the same period in the prior year, the company earned $0.92 earnings per share. The company’s revenue for the quarter was up .0% compared to the same quarter last year. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. On average, sell-side analysts anticipate that ASGN Incorporated will post 3.39 earnings per share for the current year.

Wall Street Analyst Weigh In

EFOR has been the subject of a number of analyst reports. Wall Street Zen lowered shares of ASGN from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a report on Monday, April 20th. BMO Capital Markets lowered shares of ASGN from an “outperform” rating to a “market perform” rating and set a $33.00 target price for the company. in a research note on Thursday, April 23rd. Truist Financial lowered shares of ASGN from a “buy” rating to a “hold” rating and lowered their target price for the stock from $60.00 to $33.00 in a research note on Thursday, April 23rd. Finally, Robert W. Baird lowered their target price on shares of ASGN from $62.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. Four investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $35.67.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in ASGN by 97.8% during the fourth quarter. GAMMA Investing LLC now owns 542 shares of the company’s stock worth $26,000 after buying an additional 268 shares during the period. EverSource Wealth Advisors LLC boosted its stake in ASGN by 85.3% during the third quarter. EverSource Wealth Advisors LLC now owns 543 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the period. Torren Management LLC purchased a new position in ASGN during the fourth quarter worth about $34,000. Rothschild Investment LLC boosted its stake in ASGN by 119.0% during the fourth quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock worth $49,000 after buying an additional 551 shares during the period. Finally, Parallel Advisors LLC boosted its stake in ASGN by 190.8% during the fourth quarter. Parallel Advisors LLC now owns 1,390 shares of the company’s stock worth $67,000 after buying an additional 912 shares during the period. Hedge funds and other institutional investors own 95.36% of the company’s stock.

About ASGN

ASGN is a provider of professional services that connects skilled talent with organizations seeking technology, digital, creative and engineering expertise. The firm focuses on staffing and workforce solutions, delivering contract and permanent placement services as well as project-based consulting and managed services to support clients’ technical and operational needs.

Its offerings commonly include IT consulting, digital transformation support, application development and maintenance, data and analytics, cybersecurity, cloud services and engineering resources.