William Blair Forecasts ASGN's Q1 Earnings (NYSE:ASGN)

ASGN Incorporated (NYSE:ASGN - Free Report) - Equities researchers at William Blair lifted their Q1 2025 earnings per share (EPS) estimates for shares of ASGN in a research note issued on Wednesday, March 5th. William Blair analyst M. Nolan now forecasts that the business services provider will post earnings per share of $0.95 for the quarter, up from their previous estimate of $0.94. The consensus estimate for ASGN's current full-year earnings is $5.15 per share. William Blair also issued estimates for ASGN's Q2 2025 earnings at $1.30 EPS, Q3 2025 earnings at $1.48 EPS, Q4 2025 earnings at $1.42 EPS, FY2025 earnings at $5.15 EPS and FY2026 earnings at $6.10 EPS.

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 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%.

ASGN has been the topic of several other research reports. BMO Capital Markets upgraded ASGN from a "market perform" rating to an "outperform" rating and increased their price target for the company from $96.00 to $100.00 in a report on Friday, November 22nd. StockNews.com downgraded shares of ASGN from a "buy" rating to a "hold" rating in a research note 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 MarketBeat.com, ASGN presently has an average rating of "Hold" and a consensus price target of $101.75.

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ASGN Trading Down 0.8 %

NYSE ASGN traded down $0.55 during trading hours on Monday, hitting $71.05. 317,415 shares of the company were exchanged, compared to its average volume of 344,089. ASGN has a 52 week low of $63.92 and a 52 week high of $106.42. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 0.58. The stock has a 50-day moving average price of $80.92 and a 200 day moving average price of $88.02. The stock has a market cap of $3.10 billion, a PE ratio of 18.42 and a beta of 1.34.

Institutional Trading of ASGN

A number of large investors have recently made changes to their positions in ASGN. J.Safra Asset Management Corp boosted its holdings in shares of ASGN by 48.1% in the fourth quarter. J.Safra Asset Management Corp now owns 428 shares of the business services provider's stock valued at $36,000 after purchasing an additional 139 shares during the period. Cim Investment Management Inc. bought a new stake in ASGN during the 3rd quarter valued at $205,000. Entropy Technologies LP purchased a new stake in shares of ASGN in the 4th quarter worth $299,000. Cibc World Markets Corp bought a new position in shares of ASGN during the 4th quarter worth $337,000. Finally, Crossmark Global Holdings Inc. grew its position in shares of ASGN by 17.3% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,414 shares of the business services provider's stock worth $505,000 after buying an additional 800 shares in the last quarter. 95.36% of the stock is owned by hedge funds and other institutional investors.

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.