ASGN (NYSE:EFOR – Get Free Report) had its price objective hoisted by equities researchers at BMO Capital Markets from $30.00 to $41.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ target price suggests a potential upside of 8.55% from the company’s previous close.
Several other analysts have also commented on the stock. Zacks Research lowered shares of ASGN from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Weiss Ratings raised ASGN from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, September 28th. Truist Financial upped their price target on ASGN from $36.00 to $45.00 and gave the company a “buy” rating in a research report on Friday. Finally, Wells Fargo & Company decreased their price objective on ASGN from $33.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, ASGN has an average rating of “Reduce” and a consensus target price of $31.50.
View Our Latest Stock Report on EFOR
ASGN Stock Performance
ASGN (NYSE:EFOR – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.82 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $983.00 million. ASGN had a net margin of 2.09% and a return on equity of 9.54%. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.17 EPS. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. Sell-side analysts expect that ASGN will post 3.6 EPS for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in ASGN stock. SG Americas Securities LLC grew its holdings in shares of ASGN Incorporated (NYSE:EFOR – Free Report) by 68.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,386 shares of the company’s stock after purchasing an additional 27,903 shares during the quarter. SG Americas Securities LLC owned approximately 0.17% of ASGN worth $2,647,000 as of its most recent filing with the Securities & Exchange Commission. 95.36% of the stock is owned by hedge funds and other institutional investors.
About ASGN
ASGN Incorporated is a provider of IT services and professional workforce solutions. The company helps organizations address technology and business needs through consulting, project-based services, and the placement of highly skilled professionals.
Its service offerings include digital transformation, application modernization, cloud and infrastructure services, cybersecurity, data and analytics, artificial intelligence, and enterprise technology consulting. ASGN also provides technical and professional staffing services, supplying specialists in areas such as information technology, engineering, healthcare, and other business disciplines.
ASGN serves commercial and government organizations, with operations focused primarily on the United States and additional activity in Canada.
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