ASGN (NYSE:ASGN) Issues Q1 2025 Earnings Guidance

ASGN (NYSE:ASGN) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. 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.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ASGN shares. Canaccord Genuity Group reissued a “buy” rating and issued a $115.00 price objective on shares of ASGN in a research report on Thursday, October 24th. BMO Capital Markets upgraded ASGN from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $96.00 to $100.00 in a report on Friday, November 22nd. Finally, StockNews.com downgraded ASGN from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $101.75.

ASGN Price Performance

NYSE:ASGN traded up $0.77 during trading hours on Wednesday, reaching $87.77. 588,224 shares of the company’s stock were exchanged, compared to its average volume of 346,692. The business’s 50-day simple moving average is $87.89 and its two-hundred day simple moving average is $91.25. The company has a market capitalization of $3.88 billion, a P/E ratio of 22.22 and a beta of 1.38. ASGN has a 12 month low of $82.04 and a 12 month 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.

ASGN (NYSE:ASGN) last released its quarterly earnings data on Wednesday, February 5th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts expect that ASGN will post 5.17 EPS for the current fiscal year.

Insider Activity

In related news, CEO Theodore S. Hanson sold 1,200 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer now owns 288,855 shares of the company’s stock, valued at approximately $28,781,512.20. This trade represents a 0.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.20% of the stock is currently owned by 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.