What Analysts Are Saying About ASGN Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed opinions on ASGN Inc (NYSE:ASGN), with recent ratings ranging from bullish to bearish. Over the last quarter, 4 analysts provided ratings, with the latest 30-day sentiment showing 1 bullish and no bearish ratings. The 12-month price target average for ASGN has risen to $91.25, up 1.76% from the previous $89.67. Notable analyst actions include Tobey Sommer of Truist Securities raising the target to $110, Kevin Mcveigh of UBS announcing a sell rating with a $72 target, Jeffrey Silber of BMO Capital raising the target to $85, and Joshua Chan of UBS raising the target to $98. ASGN's financial performance shows a market cap below industry benchmarks, a revenue decline of -6.77% over 3 months, a strong net margin of 5.32%, a lower-than-average ROE of 3.1%, an excellent ROA of 1.66%, and a conservative debt-to-equity ratio of 0.58.

January 02, 2024 | 5:00 pm
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NEUTRAL IMPACT
Analysts have mixed views on ASGN, with a recent uptick in the average price target to $91.25. Financial performance indicators are mixed, with strong net margins but a recent revenue decline and lower ROE.
The mixed analyst ratings and the recent increase in the average price target suggest a neutral short-term impact on ASGN's stock price. The strong net margin is positive, but the revenue decline and lower ROE may concern investors. The conservative debt management is a positive sign, indicating a balanced financial strategy. Overall, the impact is neutral due to the contrasting indicators.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100