ASGN (NYSE:ASGN) Updates Q1 2025 Earnings Guidance

ASGN (NYSE:ASGN) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.910-0.970 for the period, compared to the consensus 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 Stock Performance

NYSE ASGN traded up $0.77 on Wednesday, hitting $87.77. 588,224 shares of the company traded hands, compared to its average volume of 346,692. The business’s 50 day moving average price is $87.96 and its 200-day moving average price is $91.28. ASGN has a 52-week low of $82.04 and a 52-week high of $106.42. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 22.22 and a beta of 1.38.

ASGN (NYSE:ASGN) last released its earnings results on Wednesday, February 5th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.07. ASGN had a net margin of 4.37% and a return on equity of 13.65%. Equities analysts expect that ASGN will post 5.17 earnings per share for the current year.

Analyst Ratings Changes

ASGN has been the topic of several research analyst reports. StockNews.com downgraded shares of ASGN from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th. BMO Capital Markets upgraded ASGN from a “market perform” rating to an “outperform” rating and increased their target price for the company from $96.00 to $100.00 in a research report on Friday, November 22nd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $115.00 price target on shares of ASGN in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, ASGN has an average rating of “Hold” and a consensus target price of $101.75.

Insider Activity 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 value of $119,568.00. Following the completion of the sale, the chief executive officer now directly owns 288,855 shares in the company, valued at $28,781,512.20. This trade represents a 0.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.20% of the stock is currently owned by corporate insiders.

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.