Shares of ASGN Incorporated (NYSE:EFOR – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the eight analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $31.50.
Several research firms recently weighed in on EFOR. Zacks Research lowered ASGN from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Weiss Ratings upgraded shares of ASGN from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, September 28th. Truist Financial boosted their target price on shares of ASGN from $36.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, October 9th. BMO Capital Markets upped their price target on shares of ASGN from $30.00 to $41.00 and gave the company a “market perform” rating in a report on Friday, October 9th. Finally, Wells Fargo & Company decreased their price target on shares of ASGN from $33.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th.
View Our Latest Research Report on EFOR
ASGN Trading Up 1.2%
Shares of NYSE:EFOR opened at $39.63 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.13 and a quick ratio of 2.13. The company has a market capitalization of $1.62 billion, a PE ratio of 9.65 and a beta of 0.48. ASGN has a 1 year low of $16.90 and a 1 year high of $54.94. The stock has a fifty day simple moving average of $33.66.
ASGN (NYSE:EFOR – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $983.00 million. ASGN had a return on equity of 9.54% and a net margin of 2.09%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 earnings per share. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. On average, sell-side analysts forecast that ASGN will post 3.60 earnings per share for the current fiscal year.
Hedge Funds Weigh In On ASGN
An institutional investor recently raised its stake in ASGN stock. SG Americas Securities LLC boosted its holdings in shares of ASGN Incorporated (NYSE:EFOR – Free Report) by 68.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,386 shares of the company’s stock after purchasing an additional 27,903 shares during the quarter. SG Americas Securities LLC owned about 0.17% of ASGN worth $2,647,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 95.36% of the company’s stock.
ASGN Company Profile
ASGN Incorporated is a provider of information technology and professional services to commercial and government organizations. The company helps clients address digital transformation, cloud modernization, cybersecurity, data and analytics, application development, and other technology needs.
ASGN delivers these services through consulting, project-based solutions, and professional staffing. Its government segment provides technology, engineering, and mission-support services to U.S. federal agencies, while its commercial segment serves businesses across industries including healthcare, financial services, communications, and manufacturing.
The company traces its origins to 1985, when it was established as On Assignment, and expanded its government-services capabilities through the acquisition of ECS Federal in 2018.
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