ASGN ASGN Inc

ASGN Incorporated (NYSE:ASGN) has received a consensus "Reduce" rating from eight research firms, with an average 12-month price target of $48.33. Analysts are divided on the stock, with some trimming price targets while others maintain optimistic ratings. Despite a Q3 EPS beat, the company's revenue was down year-over-year, and institutional investors own approximately 95.36% of the stock.

New call options for ASGN Inc. (ASGN) expiring in February 2026 are now available. Investors can consider a covered call strategy using the $50.00 strike price, which offers a potential return of 3.16% if the stock is called away, or a 2.02% premium boost if the contract expires worthless. The current odds of the contract expiring worthless are 49%, and the implied volatility is 41%.

Elastic (NYSE: ESTC) and ASGN Incorporated's (NYSE: ASGN) ECS have secured a contract with the Cybersecurity and Infrastructure Security Agency (CISA) for a Security Information and Event Management as-a-Service (SIEMaaS) offering. This partnership, valued at up to $130M, aims to standardize cybersecurity monitoring across U.S. federal civilian agencies, enhancing threat detection and incident response. The FedRAMP-certified Elastic Cloud will power the SIEMaaS, providing a unified, cloud-hosted platform for improved cyber defense.

ASGN Incorporated appears undervalued by 34% based on a Discounted Cash Flow (DCF) model, with a projected fair value of US$72.43 against its current share price of US$47.62. This valuation is considerably higher than ASGN's analyst price target of US$48.67, suggesting a potential investment opportunity. The analysis highlights ASGN's debt coverage as a strength but notes a decline in earnings over the past year, while future earnings are forecast to grow.

BMO Capital reiterated a Buy rating on ASGN Incorporated with a $57 price target, while Truist also maintained a Buy rating but lowered its price target to $50. ASGN plans to transition to a new parent brand, Everforth, to unify its six current brands and drive operational efficiencies. The company provides IT services and solutions through Commercial and Federal Government segments, with AI identified as a potential catalyst despite automation risks.

BMO Capital reiterated a Buy rating on ASGN Incorporated (ASGN) with a $57 price target, while Truist maintained a Buy but lowered its price target to $50. ASGN plans to unify its six brands under a new parent brand, Everforth, to drive operational efficiencies and enhance client value. The company, which provides IT services, acknowledges AI as a catalyst but also faces risks from automation.