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RICHMOND, Va.--(BUSINESS WIRE)---- $asgn #AI--Apex Systems, a leading global technology solutions firm and one of seven ASGN brands that will be unifying under the new Everforth brand (NYSE: ASGN), today announced the latest evolution of its partnership with Databricks, the Data and AI company, by reaching the Silver Tier in the Brickbuilder Partner Network. Through the partnership with Databricks, Apex Systems helps enterprise clients implement and scale data engineering, collaborative data science, full li.

Posted by Defense World Staff on Apr 6th, 2026

SG Americas Securities LLC cut its position in shares of ASGN Incorporated (NYSE:ASGN – Free Report) by 44.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,483 shares of the business services provider’s stock after selling 32,741 shares during the period. SG Americas Securities LLC owned about 0.09% of ASGN worth $1,950,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in ASGN. New South Capital Management Inc. increased its stake in shares of ASGN by 46.0% during the third quarter. New South Capital Management Inc. now owns 456,116 shares of the business services provider’s stock valued at $21,597,000 after buying an additional 143,696 shares during the period. Tudor Investment Corp ET AL purchased a new stake in ASGN in the third quarter worth about $8,030,000. Congress Asset Management Co. purchased a new stake in ASGN in the third quarter worth about $4,065,000. Reinhart Partners LLC. grew its holdings in ASGN by 5.2% during the 3rd quarter. Reinhart Partners LLC. now owns 1,072,427 shares of the business services provider’s stock worth $50,780,000 after acquiring an additional 53,021 shares in the last quarter. Finally, SummerHaven Investment Management LLC bought a new position in ASGN during the 3rd quarter worth about $797,000. 95.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades Several equities research analysts have recently commented on ASGN shares. BMO Capital Markets restated an “outperform” rating and issued a $65.00 price target on shares of ASGN in a report on Friday, February 6th. Wall Street Zen downgraded shares of ASGN from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Robert W. Baird set a $62.00 price objective on shares of ASGN in a report on Thursday, February 5th. Wells Fargo & Company upped their target price on ASGN from $49.00 to $54.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Finally, Truist Financial increased their target price on ASGN from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $54.71.

Get Our Latest Stock Analysis on ASGN

ASGN Stock Down 0.1% Shares of ASGN stock opened at $39.03 on Monday. ASGN Incorporated has a fifty-two week low of $34.59 and a fifty-two week high of $62.76. The firm has a market capitalization of $1.61 billion, a PE ratio of 14.95 and a beta of 0.89. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.16 and a current ratio of 2.16. The stock’s 50-day simple moving average is $42.67 and its 200-day simple moving average is $45.47.

ASGN (NYSE:ASGN – Get Free Report) last released its earnings results on Wednesday, February 4th. The business services provider reported $1.15 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.03). ASGN had a return on equity of 10.94% and a net margin of 2.85%.The firm had revenue of $980.10 million for the quarter, compared to analyst estimates of $979.05 million. During the same period last year, the firm earned $1.28 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. ASGN has set its Q1 2026 guidance at 0.930-1.020 EPS. Equities analysts expect that ASGN Incorporated will post 5.15 earnings per share for the current year.

ASGN Profile (Free Report)

ASGN Incorporated (NYSE:ASGN) is a leading provider of specialized staffing and professional services, delivering tailored solutions across information technology, digital transformation, engineering and scientific disciplines. Through its diversified portfolio of brands, ASGN connects clients—ranging from life sciences and healthcare firms to technology enterprises and government agencies—with highly skilled consultants, project teams and permanent personnel. The company’s model emphasizes both temporary staffing and long-term consulting engagements to address complex talent and project needs.

ASGN’s service offerings are organized into two main business segments.

Featured Stories Five stocks we like better than ASGN Want to see what other hedge funds are holding ASGN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASGN Incorporated (NYSE:ASGN – Free Report).

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ASGN Inc came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -29.59%. A quarter ago, it was expected that this staffing company would post earnings of $1.18 per share when it actually produced earnings of $1.15, delivering a surprise of -2.54%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

ASGN Inc, which belongs to the Zacks Computers - IT Services industry, posted revenues of $968.3 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.18%. This compares to year-ago revenues of $968.3 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

ASGN Inc shares have lost about 15.8% since the beginning of the year versus the S&P 500's gain of 3.2%.

What's Next for ASGN Inc?While ASGN Inc has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for ASGN Inc was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.29 on $1.03 billion in revenues for the coming quarter and $5.03 on $4.04 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computers - IT Services is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Cerence (CRNC - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026.

This automotive artificial intelligence developer is expected to post quarterly earnings of $0.21 per share in its upcoming report, which represents a year-over-year change of -60.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Cerence's revenues are expected to be $60.92 million, down 21.9% from the year-ago quarter.

© Chaay_Tee / iStock via Getty Images

Pre-Market Stock Futures: Futures are trading lower on this Thursday, but what a difference a month makes: 30 days ago, the worries over inflation and the spiraling situation in Iran were weighing heavily on the stock market. On Wednesday, the Nasdaq Composite and S&P 500 hit new all-time highs, driven by hopes for an extended U.S.-Iran ceasefire and strong corporate earnings. While the Nasdaq set an intraday record for the fifth time in six sessions and the S&P 500 finished at a record, the Dow Jones Industrials and the Russell 2000 did not print all-time highs, but both finished the session strongly at 49,490 and 2,780, respectively. The Nasdaq closed  Wednesday’s trading at 24,657, up 1.64%, while the venerable S&P 500 was last seen at 7,137, up 1.05%, as the duo printed those new records.

Treasury Bonds: Just like Tuesday, with stocks rallying higher, the sellers emerged again, as yields were modestly higher over the belly and long end of the Treasury market on Wednesday. Analysts cited resurgent inflation concerns and escalating tensions in the Middle East, with oil prices climbing, prompting markets to reassess how quickly the Federal Reserve may cut interest rates. Investors are increasingly focused on the risk of stubborn inflation, driving bond yields higher as they demand greater compensation for holding longer-duration debt. The 30-year bond closed at 4.91%, while the 10-year note was last at 4.31%.

Oil and Gas: While some across the energy complex welcomed President Trump’s extension of the ceasefire, the ongoing instability in the Strait of Hormuz, which remains effectively shut, has kept sellers leaning on the major oil benchmarks. Brent Crude closed Wednesday at $101.40, up 2.99%, while West Texas Intermediate finished the session at $92.56, up 3.22%. Natural gas had another solid day, closing at $2,71, up 0.51%. 

Gold: Gold had another positive day, consolidating near $4,800. This comes as Chris Mancini, a portfolio manager for the Gabelli Gold Fund, put forth the proposition that Gold will become the primary alternative to the U.S. dollar, and they see a continued rise to the $6,000 level. The final trade on Wednesday was posted at $4, 737 up 0.39%, while the last print for Silver came in at $77.54, up 1.31%. 

Crypto: The Cryptocurrency sector continued its strong rally, with Bitcoin surging over 2% to top $78,000, reaching its highest level in more than 10 weeks. Analysts cited the extension of the ceasefire and some potential short covering as Bitcoin continues to try and break out from a months-long trading range. At the same time, the broader market also saw significant gains, with the CoinDesk MemeCoin Index rising 3.4% and tokens like DOGE adding 3.8%. At 8 AM EDT, Bitcoin was quoted at $77,716, while Ethereum was trading at $2,331. 

24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. 

Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Thursday, April 23, 2026. 

Upgrades: Boston Scientific (NYSE: BSX | BSX Price Prediction) was upgraded to Buy from Hold at Nephron Research, which has an $85 target price for the company. McDonald’s (NYSE: MCD) was upgraded to Neutral from Sell at Rothschild Redburn & Co, which lifted the target price for the fast-food giant to $306 from $260. Murphy USA (NYSE: MUSA) was raised to Neutral from Underperform at Bank of America, which launched the target price for the shares to $550 from $350. On Semiconductor (NASDAQ: ON) was upgraded to Buy from Neutral at B. Riley, which raised the target price for the shares to $115 from $64. Texas Instruments (NYSE: TXN) was upgraded to Equal Weight from underweight at Barclays, which raised the target price for the legacy tech company to $250 from $175. Downgrades: ASGN (NYSE: ASGN) was downgraded to Hold from Buy at Truist Financial, which slashed the target price for the stock to $33 from $60. CSX (NYSE: CSX) was downgraded to Hold from Buy at Vertical Research, with a $44 target price. Deckers Outdoor (NYSE: DECK) was cut to Outperform from Strong Buy at Raymond James, which has a $133 target price for the shares. Madison Square Garden Entertainment (NYSE: MSGS) was cut to Neutral from Buy at Citigroup, which bumped the target price for the shares to $355 from $337. TE Connectivity (NYSE: TEL) was downgraded to Hold from Buy at HSBC, with a $234 target price. Initiations: Datadog (NASDAQ: DDOG) was initiated with a Buy rating at Rothschild Redburn & Co, which has set a $170 target price for the shares. Dynatrace (NYSE: DT) was started with a Neutral rating at Rothschild Redburn & Co, which has a $40 target price Oklo (NYSE: OKLO) was initiated with a Buy rating at HSBC, with a $96 target price for the stock. Palantir Technologies (NASDAQ: PLTR) was initiated with a Buy rating at DZ Bank, with a $175 target price objective. 
Sterling Infrastructure (NASDAQ: STRL) was started with an Overweight rating at KeyBanc, with a $572 target price.

Everforth, formerly ASGN Incorporated, is a U.S.-based IT consulting and professional services provider facing significant recent share price decline. I previously rated ASGN (now EFOR) a Buy in May 2023 due to strong fundamentals and technical oversold signals, resulting in a substantial rally. A subsequent downgrade to hold was driven by execution issues and macroeconomic pressures outweighing apparent valuation discounts.