Equities Analysts Offer Predictions for ASGN Q1 Earnings

ASGN Incorporated (NYSE:ASGN) – William Blair reduced their Q1 2025 earnings per share estimates for ASGN in a research note issued on Thursday, February 6th. William Blair analyst M. Nolan now expects that the business services provider will post earnings of $0.94 per share for the quarter, down from their prior 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.

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

ASGN Stock Performance

ASGN opened at $82.76 on Friday. The company has a market cap of $3.66 billion, a PE ratio of 20.95 and a beta of 1.38. The stock has a 50-day moving average of $87.89 and a 200-day moving average of $91.25. ASGN has a 52-week low of $81.64 and a 52-week high of $106.42. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.25 and a current ratio of 2.25.

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

Institutional Trading of ASGN

Several hedge funds have recently added to or reduced their stakes in ASGN. J.Safra Asset Management Corp raised its stake in ASGN by 48.1% during the 4th quarter. J.Safra Asset Management Corp now owns 428 shares of the business services provider’s stock worth $36,000 after buying an additional 139 shares during the period. Cim Investment Management Inc. acquired a new stake in shares of ASGN in the 3rd quarter valued at about $205,000. Entropy Technologies LP acquired a new stake in shares of ASGN in the 4th quarter valued at about $299,000. Crossmark Global Holdings Inc. raised its stake in shares of 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 purchasing an additional 800 shares during the period. Finally, Argent Capital Management LLC raised its stake in shares of 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 purchasing an additional 1,142 shares during the period. Institutional investors and hedge funds own 95.36% of the company’s stock.

Insider Buying and Selling at ASGN

In other news, CEO Theodore S. Hanson sold 1,200 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $99.64, for a total value of $119,568.00. Following the transaction, the chief executive officer now directly owns 288,855 shares in the company, valued at $28,781,512.20. This trade represents a 0.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 3.20% of the company’s stock.

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.