ASGN (NYSE:EFOR) Price Target Raised to $45.00

ASGN (NYSE:EFOR) had its target price lifted by Truist Financial from $36.00 to $45.00 in a research report sent to investors on Friday,Benzinga reports. Truist Financial currently has a buy rating on the stock.

Several other analysts have also weighed in on EFOR. Wells Fargo & Company decreased their target price on shares of ASGN from $33.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Weiss Ratings raised shares of ASGN from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, September 28th. Finally, Zacks Research lowered shares of ASGN from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $31.50.

ASGN Price Performance

EFOR opened at $37.56 on Friday. ASGN has a fifty-two week low of $16.90 and a fifty-two week high of $54.94. 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 business’s fifty day simple moving average is $32.58. The firm has a market capitalization of $1.54 billion, a P/E ratio of 19.36 and a beta of 0.48.

ASGN (NYSE:EFOR) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.09. ASGN had a net margin of 2.09% and a return on equity of 9.54%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $983.00 million. During the same quarter in the previous year, the firm posted $1.17 EPS. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. ASGN has set its Q3 2026 guidance at 0.920-1.100 EPS. On average, equities research analysts expect that ASGN will post 3.60 EPS for the current fiscal year.

Institutional Trading of ASGN

A hedge fund recently raised its position in ASGN stock. SG Americas Securities LLC boosted its stake in ASGN Incorporated (NYSE:EFOR) by 68.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,386 shares of the company’s stock after buying an additional 27,903 shares during the quarter. SG Americas Securities LLC owned approximately 0.17% of ASGN worth $2,647,000 at the end of the most recent quarter. Institutional investors own 95.36% of the company’s stock.

ASGN Company Profile

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.