ASGN (NYSE:ASGN) Issues Q1 2025 Earnings Guidance

ASGN (NYSE:ASGN - Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.910-0.970 for the period, compared to the consensus EPS estimate of 1.100. The company issued revenue guidance of $950.0 million-$970.0 million, compared to the consensus revenue estimate of $995.5 million.

ASGN Price Performance

NYSE:ASGN traded down $4.01 during mid-day trading on Friday, hitting $78.72. The company's stock had a trading volume of 674,245 shares, compared to its average volume of 357,108. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 20.50 and a beta of 1.38. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.58. ASGN has a fifty-two week low of $78.69 and a fifty-two week high of $106.42. The stock has a fifty day moving average of $87.47 and a 200-day moving average of $91.03.

ASGN (NYSE:ASGN - Get Free Report) last posted its earnings results on Wednesday, February 5th. The business services provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.21 by $0.07. ASGN had a return on equity of 13.22% and a net margin of 4.27%. As a group, equities analysts forecast that ASGN will post 5.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ASGN shares. BMO Capital Markets upgraded ASGN from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $96.00 to $100.00 in a research report on Friday, November 22nd. StockNews.com cut ASGN from a "buy" rating to a "hold" rating in a report on Tuesday, January 7th. Finally, Canaccord Genuity Group reissued a "buy" rating and set a $115.00 price objective 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 company. According to MarketBeat, ASGN has an average rating of "Hold" and an average price target of $101.75.

Insider Transactions at ASGN

In related news, CEO Theodore S. Hanson sold 1,200 shares of ASGN stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $99.64, for a total transaction of $119,568.00. Following the transaction, the chief executive officer now owns 288,855 shares of the company's stock, valued at $28,781,512.20. This trade represents a 0.41 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 3.20% of the stock is currently owned by corporate insiders.

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.