Research Analysts Offer Predictions for ASGN Q1 Earnings

ASGN Incorporated (NYSE:ASGN - Free Report) - Investment analysts at William Blair raised their Q1 2026 earnings estimates for ASGN in a note issued to investors on Wednesday, March 5th. William Blair analyst M. Nolan now forecasts that the business services provider will post earnings of $1.16 per share for the quarter, up from their prior forecast of $1.12. The consensus estimate for ASGN's current full-year earnings is $5.15 per share. William Blair also issued estimates for ASGN's Q2 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.73 EPS and Q4 2026 earnings at $1.68 EPS.

Several other equities research analysts have also recently commented on ASGN. BMO Capital Markets raised ASGN from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $96.00 to $100.00 in a research note on Friday, November 22nd. StockNews.com lowered ASGN from a "buy" rating to a "hold" rating in a research report on Tuesday, January 7th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $101.75.

ASGN Price Performance

Shares of ASGN stock traded down $0.25 during trading on Friday, reaching $71.35. The company's stock had a trading volume of 829,544 shares, compared to its average volume of 345,996. The stock has a 50-day moving average price of $80.92 and a two-hundred day moving average price of $88.02. The stock has a market capitalization of $3.11 billion, a P/E ratio of 18.58 and a beta of 1.34. 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 one year low of $63.92 and a one year high of $106.42.

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ASGN (NYSE:ASGN - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The business services provider reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.07. ASGN had a return on equity of 13.22% and a net margin of 4.27%.

Institutional Trading of ASGN

Several hedge funds have recently added to or reduced their stakes in the business. J.Safra Asset Management Corp raised its position in shares of ASGN by 48.1% during the fourth quarter. J.Safra Asset Management Corp now owns 428 shares of the business services provider's stock worth $36,000 after purchasing an additional 139 shares during the period. Cim Investment Management Inc. bought a new position in ASGN in the third quarter valued at approximately $205,000. Entropy Technologies LP acquired a new position in shares of ASGN in the fourth quarter valued at approximately $299,000. Cibc World Markets Corp bought a new stake in shares of ASGN during the fourth quarter worth $337,000. Finally, Crossmark Global Holdings Inc. raised its holdings in shares of ASGN by 17.3% during the third quarter. Crossmark Global Holdings Inc. now owns 5,414 shares of the business services provider's stock worth $505,000 after acquiring an additional 800 shares during the period. Institutional investors and hedge funds own 95.36% of the company's stock.

ASGN Company Profile

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.