ASGN (NYSE:EFOR) CEO Acquires $999,806.60 in Stock

ASGN Incorporated (NYSE:EFOR) CEO Theodore Hanson acquired 51,965 shares of the business’s stock in a transaction on Friday, April 24th. The stock was acquired at an average price of $19.24 per share, with a total value of $999,806.60. Following the transaction, the chief executive officer directly owned 376,843 shares of the company’s stock, valued at $7,250,459.32. This represents a 16.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ASGN Trading Up 3.6%

NYSE:EFOR opened at $22.91 on Thursday. The firm has a market capitalization of $946.18 million, a price-to-earnings ratio of 10.14 and a beta of 0.89. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.16 and a quick ratio of 2.16. ASGN Incorporated has a 1 year low of $18.50 and a 1 year high of $60.75.

ASGN (NYSE:EFOR) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $0.69 earnings per share 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 posted $0.92 EPS. The firm’s quarterly revenue was up .0% on a year-over-year basis. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. Equities analysts anticipate that ASGN Incorporated will post 3.39 earnings per share for the current year.

Institutional Trading of ASGN

Hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its stake in ASGN by 85.3% in the 3rd 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 last quarter. GAMMA Investing LLC boosted its stake in ASGN by 97.8% in the 4th quarter. GAMMA Investing LLC now owns 542 shares of the company’s stock worth $26,000 after buying an additional 268 shares during the last quarter. Torren Management LLC acquired a new stake in ASGN in the 4th quarter worth about $34,000. Rothschild Investment LLC boosted its stake in ASGN by 119.0% in the 4th 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 last quarter. Finally, Parallel Advisors LLC boosted its stake in ASGN by 190.8% in the 4th 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 last quarter. 95.36% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EFOR has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their price target on ASGN from $54.00 to $33.00 and set an “equal weight” rating for the company in a research report on Thursday, April 23rd. UBS Group dropped their price target on ASGN from $39.00 to $35.00 and set a “sell” rating for the company in a research report on Thursday, April 23rd. Wall Street Zen cut ASGN from a “buy” rating to a “hold” rating in a research report on Sunday, March 22nd. BMO Capital Markets cut ASGN from an “outperform” rating to a “market perform” rating and set a $33.00 price target for the company. in a research report on Thursday, April 23rd. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of ASGN in a research report on Monday, April 20th. Four equities research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $35.67.

ASGN Company Profile

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.