Fintel reports that on June 2, 2023, Truist Securities maintained coverage of ASGN (NYSE:ASGN) with a Buy recommendation.
Analyst Price Forecast Suggests 21.32% Upside
As of June 1, 2023, the average one-year price target for ASGN is 80.58. The forecasts range from a low of 60.60 to a high of $107.10. The average price target represents an increase of 21.32% from its latest reported closing price of 66.42.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for ASGN is 4,859MM, an increase of 5.20%. The projected annual non-GAAP EPS is 6.88.
What is the Fund Sentiment?
There are 705 funds or institutions reporting positions in ASGN. This is a decrease of 8 owner(s) or 1.12% in the last quarter. Average portfolio weight of all funds dedicated to ASGN is 0.23%, a decrease of 11.84%. Total shares owned by institutions decreased in the last three months by 3.97% to 57,321K shares. 
The put/call ratio of ASGN is 1.94, indicating a bearish outlook.
What are Other Shareholders Doing?
Bamco holds 2,131K shares representing 4.32% ownership of the company. In it's prior filing, the firm reported owning 2,044K shares, representing an increase of 4.09%. The firm decreased its portfolio allocation in ASGN by 5.42% over the last quarter.
BSCFX - BARON SMALL CAP FUND holds 1,750K shares representing 3.55% ownership of the company. No change in the last quarter.
Boston Partners holds 1,642K shares representing 3.33% ownership of the company. In it's prior filing, the firm reported owning 2,252K shares, representing a decrease of 37.15%. The firm decreased its portfolio allocation in ASGN by 25.86% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 1,539K shares representing 3.12% ownership of the company. In it's prior filing, the firm reported owning 1,541K shares, representing a decrease of 0.10%. The firm decreased its portfolio allocation in ASGN by 2.99% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,478K shares representing 3.00% ownership of the company. In it's prior filing, the firm reported owning 1,446K shares, representing an increase of 2.20%. The firm decreased its portfolio allocation in ASGN by 4.21% 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.
Key filings for this company:
This story originally appeared on Fintel.
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