Royal Bank of Canada set a $76.00 price objective on ASGN (NYSE:ASGN) in a research note published on Friday morning, TipRanks reports. The brokerage currently has a buy rating on the business services provider’s stock.

Several other research firms have also recently commented on ASGN. SunTrust Banks reaffirmed a buy rating and issued a $185.00 target price on shares of Expedia Group in a research note on Thursday. ValuEngine raised shares of YY from a sell rating to a hold rating in a research note on Friday, June 7th. Finally, Credit Suisse Group set a CHF 88 target price on shares of Novartis and gave the stock a neutral rating in a research note on Tuesday, May 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of $74.00.

Shares of ASGN opened at $62.80 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.20 and a current ratio of 2.14. The stock’s 50 day simple moving average is $58.67. ASGN has a 1-year low of $50.33 and a 1-year high of $94.25. The stock has a market cap of $3.36 billion, a PE ratio of 14.35, a price-to-earnings-growth ratio of 1.52 and a beta of 2.05.

ASGN (NYSE:ASGN) last released its earnings results on Wednesday, July 24th. The business services provider reported $1.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.19 by ($0.09). The firm had revenue of $972.30 million during the quarter, compared to analysts’ expectations of $972.24 million. ASGN had a return on equity of 19.56% and a net margin of 4.64%. The firm’s revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.11 earnings per share. On average, equities analysts expect that ASGN will post 4.58 earnings per share for the current year.

Several large investors have recently bought and sold shares of ASGN. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of ASGN by 32.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 4,247 shares of the business services provider’s stock valued at $231,000 after acquiring an additional 1,033 shares in the last quarter. Advisor Group Inc. lifted its holdings in ASGN by 12.7% in the 4th quarter. Advisor Group Inc. now owns 2,256 shares of the business services provider’s stock worth $123,000 after buying an additional 255 shares in the last quarter. Two Sigma Investments LP acquired a new position in ASGN in the 4th quarter worth $2,717,000. Municipal Employees Retirement System of Michigan bought a new stake in shares of ASGN in the 4th quarter worth about $686,000. Finally, Amundi Pioneer Asset Management Inc. bought a new stake in shares of ASGN in the 4th quarter worth about $272,000. Institutional investors and hedge funds own 90.38% of the company’s stock.

ASGN Company Profile

ASGN Incorporated provides information technology (IT) and professional staffing services in the technology, digital, creative, engineering, and life sciences fields across commercial and government sectors in the United States and internationally. The company operates through Apex, Oxford, and ECS segments.

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Analyst Recommendations for ASGN (NYSE:ASGN)

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