Everforth

ASGN · NYSE

$39.17+$1.54 (+4.09%)TodayMarket closed · Oct 20, 4:00 PM ET

Prev close $37.63

ASGN analyst rating

HoldConsensus of 5 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold4
Underperform0
Sell1

12-month price target · 8 analysts

Average $34.00 (−13.2% downside)

Low: $28.28
Now: $39.17
High: $39.90

Upgrades and downgrades

The latest rating actions, newest first

ASGN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
UBS	Apr 23, 2026	Maintains	Sell	$39.00 → $35.00	45%
Wells Fargo	Apr 23, 2026	Maintains	Equal-Weight	$54.00 → $33.00	46%
Truist Securities	Apr 23, 2026	Downgrade	Buy → Hold	$60.00 → $33.00	61%
BMO Capital	Apr 23, 2026	Downgrade	Outperform → Market Perform	$33.00	60%
Baird	Apr 23, 2026	Maintains	Neutral	$62.00 → $38.00	65%
Wells Fargo	Feb 5, 2026	Maintains	Equal-Weight	$49.00 → $54.00	46%
Truist Securities	Jan 27, 2026	Maintains	Buy	$50.00 → $60.00	61%
Wells Fargo	Jan 21, 2026	Maintains	Equal-Weight	$51.00 → $49.00	46%
Wells Fargo	Jan 14, 2026	Maintains	Equal-Weight	$41.00 → $51.00	46%
Truist Securities	Nov 21, 2025	Maintains	Buy	$65.00 → $50.00	61%

The case for and against

Updated Nov 24, 2024

Bull case

ASGN Inc. is experiencing positive momentum in its Consulting business, which accounts for 27% of its projected 2024 revenues, with organic growth accelerating in Q3 2024 and two out of five industry verticals showing improvement. The shift towards higher-margin consulting services is anticipated to enhance overall growth and profitability, potentially allowing for multiple expansion as ASGN moves closer to historical median valuation multiples. Additionally, increased demand for services from ASGN's Mexico delivery center, as companies seek cost-effective and skilled IT consulting talent, further supports a favorable outlook for the company's financial performance.

Bear case

ASGN Inc. has reported significant year-over-year declines across all commercial end-markets, with particularly poor performance in core IT staffing and permanent placement services, leading to downward trends in assignment revenue. The company's adjusted EBITDA margins have fallen slightly below consensus expectations, and its revenue guidance of $1.043-1.063 billion, which reflects a decline of 7-9% year-over-year, is also below market consensus. Additionally, the outlook for adjusted EPS guidance has also trailed behind analyst expectations, suggesting a further weakening of financial performance, compounded by external factors such as proposed government spending reductions.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.