William Blair Comments on ASGN’s Q1 Earnings (NYSE:ASGN)

ASGN Incorporated (NYSE:ASGNFree Report) – Investment analysts at William Blair lifted their Q1 2026 earnings per share estimates for shares of ASGN in a research report issued on Thursday, October 23rd. William Blair analyst M. Nolan now forecasts that the business services provider will post earnings per share of $0.98 for the quarter, up from their previous forecast of $0.97. The consensus estimate for ASGN’s current full-year earnings is $5.15 per share.

ASGN (NYSE:ASGNGet Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.09. ASGN had a return on equity of 11.42% and a net margin of 3.28%.The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period in the prior year, the business earned $1.43 EPS. The firm’s revenue for the quarter was down 1.9% on a year-over-year basis. ASGN has set its Q4 2025 guidance at 1.120-1.200 EPS.

A number of other analysts have also commented on ASGN. Jefferies Financial Group restated an “underperform” rating and set a $42.00 price target (down previously from $53.00) on shares of ASGN in a research note on Monday, July 7th. Wall Street Zen cut shares of ASGN from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Zacks Research upgraded shares of ASGN from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 19th. Truist Financial dropped their price target on shares of ASGN from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of ASGN in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $59.67.

Check Out Our Latest Research Report on ASGN

ASGN Trading Down 0.6%

NYSE ASGN opened at $46.21 on Monday. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.64. ASGN has a 52 week low of $42.77 and a 52 week high of $101.66. The business has a 50 day moving average price of $49.78 and a 200-day moving average price of $51.67. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 15.56 and a beta of 0.93.

Institutional Trading of ASGN

A number of hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in shares of ASGN by 662.8% in the 1st quarter. GAMMA Investing LLC now owns 1,045 shares of the business services provider’s stock worth $66,000 after buying an additional 908 shares during the last quarter. Entropy Technologies LP raised its position in ASGN by 105.5% in the first quarter. Entropy Technologies LP now owns 7,378 shares of the business services provider’s stock worth $465,000 after acquiring an additional 3,788 shares during the period. Russell Investments Group Ltd. raised its position in ASGN by 3.1% in the first quarter. Russell Investments Group Ltd. now owns 16,074 shares of the business services provider’s stock worth $1,013,000 after acquiring an additional 485 shares during the period. Reinhart Partners LLC. boosted its stake in ASGN by 53.1% in the second quarter. Reinhart Partners LLC. now owns 1,019,406 shares of the business services provider’s stock valued at $50,900,000 after acquiring an additional 353,419 shares during the last quarter. Finally, Kennedy Capital Management LLC grew its position in shares of ASGN by 1.7% during the 2nd quarter. Kennedy Capital Management LLC now owns 35,243 shares of the business services provider’s stock valued at $1,760,000 after acquiring an additional 594 shares during the period. 95.36% of the stock is currently owned by institutional investors.

About ASGN

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for ASGN (NYSE:ASGN)

Receive News & Ratings for ASGN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASGN and related companies with MarketBeat.com's FREE daily email newsletter.