ASGN

UBS Initiates Coverage of ASGN (ASGN) with Sell Recommendation

Fintel reports that on November 7, 2023, UBS initiated coverage of ASGN (NYSE:ASGN) with a Sell recommendation.

Analyst Price Forecast Suggests 2.99% Upside

As of October 31, 2023, the average one-year price target for ASGN is 88.74. The forecasts range from a low of 70.70 to a high of $107.10. The average price target represents an increase of 2.99% from its latest reported closing price of 86.16.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for ASGN is 4,859MM, an increase of 7.34%. The projected annual non-GAAP EPS is 6.88.

What is the Fund Sentiment?

There are 663 funds or institutions reporting positions in ASGN. This is a decrease of 15 owner(s) or 2.21% in the last quarter. Average portfolio weight of all funds dedicated to ASGN is 0.22%, an increase of 2.25%. Total shares owned by institutions increased in the last three months by 0.19% to 57,630K shares. ASGN / ASGN Inc Put/Call Ratios The put/call ratio of ASGN is 0.87, indicating a bullish outlook.

What are Other Shareholders Doing?

ASGN / ASGN Inc Shares Held by Institutions

Bamco holds 2,210K shares representing 4.68% ownership of the company. In it's prior filing, the firm reported owning 2,131K shares, representing an increase of 3.58%. The firm decreased its portfolio allocation in ASGN by 12.48% over the last quarter.

BSCFX - BARON SMALL CAP FUND holds 1,750K shares representing 3.71% ownership of the company. No change in the last quarter.

Boston Partners holds 1,625K shares representing 3.44% ownership of the company. In it's prior filing, the firm reported owning 1,642K shares, representing a decrease of 1.02%. The firm increased its portfolio allocation in ASGN by 130.08% over the last quarter.

IJH - iShares Core S&P Mid-Cap ETF holds 1,495K shares representing 3.17% ownership of the company. In it's prior filing, the firm reported owning 1,539K shares, representing a decrease of 2.94%. The firm decreased its portfolio allocation in ASGN by 14.87% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,483K shares representing 3.14% ownership of the company. In it's prior filing, the firm reported owning 1,478K shares, representing an increase of 0.34%. The firm decreased its portfolio allocation in ASGN by 15.31% over the last quarter.

ASGN Background Information
(This description is provided by the company.)

ECS, a segment of ASGN, delivers advanced solutions in cloud, cybersecurity, artificial intelligence (AI), machine learning (ML), application and IT modernization, science, and engineering. The company solves critical, complex challenges for customers across the U.S. public sector, defense, intelligence, and commercial industries. ECS maintains partnerships with leading cloud, cybersecurity, and AI/ML providers and holds specialized certifications in their technologies. Headquartered in Fairfax, Virginia, ECS has more than 3,000 employees throughout the United States.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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