Analysts Set Expectations for ASGN’s Q1 Earnings (NYSE:ASGN)

ASGN Incorporated (NYSE:ASGN) – Analysts at William Blair cut their Q1 2025 EPS estimates for ASGN in a note issued to investors on Thursday, February 6th. William Blair analyst M. Nolan now anticipates that the business services provider will post earnings per share of $0.94 for the quarter, down from their previous forecast 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.

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

ASGN has been the subject of a number of other reports. Canaccord Genuity Group reiterated a “buy” rating and issued a $115.00 target price on shares of ASGN in a research note on Thursday, October 24th. BMO Capital Markets upgraded shares of ASGN from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $96.00 to $100.00 in a research note on Friday, November 22nd. Finally, StockNews.com cut shares of ASGN from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $101.75.

ASGN Stock Performance

ASGN stock opened at $78.72 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.25 and a current ratio of 2.25. The stock has a market cap of $3.48 billion, a P/E ratio of 19.93 and a beta of 1.38. The firm has a 50 day simple moving average of $87.73 and a 200 day simple moving average of $91.19. ASGN has a 52 week low of $78.69 and a 52 week high of $106.42.

Hedge Funds Weigh In On ASGN

Institutional investors and hedge funds have recently bought and sold shares of the stock. Argent Capital Management LLC increased its position in ASGN by 31.6% during the fourth quarter. Argent Capital Management LLC now owns 13,898 shares of the business services provider’s stock worth $1,158,000 after acquiring an additional 3,339 shares during the period. Reinhart Partners LLC. increased its position in ASGN by 7.2% during the third quarter. Reinhart Partners LLC. now owns 588,999 shares of the business services provider’s stock worth $54,912,000 after acquiring an additional 39,607 shares during the period. Crossmark Global Holdings Inc. increased its position in ASGN by 17.3% during the third quarter. Crossmark Global Holdings Inc. now owns 5,414 shares of the business services provider’s stock worth $505,000 after acquiring an additional 800 shares during the period. Handelsbanken Fonder AB increased its position in ASGN by 28.2% during the third quarter. Handelsbanken Fonder AB now owns 11,823 shares of the business services provider’s stock worth $1,102,000 after acquiring an additional 2,600 shares during the period. Finally, Cim Investment Management Inc. bought a new position in ASGN during the third quarter worth $205,000. Institutional investors own 95.36% of the company’s stock.

Insider Transactions at ASGN

In related news, CEO Theodore S. Hanson sold 1,200 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $99.64, for a total transaction of $119,568.00. Following the transaction, the chief executive officer now owns 288,855 shares of the company’s stock, valued at approximately $28,781,512.20. The trade was a 0.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.20% of the stock is owned by corporate insiders.

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.