$ASGN

5 stories mentioning ASGN

Every FINWIRES story that references ASGN, newest first.

Update: ASGN Shares Drop After Q1 Adjusted EPS, Revenue Miss Estimates

(Updates with the latest stock move in the headline and the first paragraph, UBS downgrade in the eighth paragraph.)ASGN (ASGN) shares were down 47.5% in Thursday trading after the company reported fiscal Q1 results that missed analyst expectations on both earnings and revenue and issued a weaker-than-expected Q2 outlook.The company reported fiscal Q1 non-GAAP net income late Wednesday of $0.69 per diluted share, down from $0.92 a year earlier.Analysts polled by FactSet expected $0.98.Revenue for the quarter ended March 31 was $968.3 million, unchanged from $968.3 million a year earlier.Analysts expected $972.8 million.For fiscal Q2, the company expects non-GAAP EPS of $0.72 to $0.90, and revenue of $970 million to $1 billion.Analysts are looking for $1.28 and $1.02 billion, respectively.UBS adjusted its price target on ASGN to $35 from $39 and maintained its sell rating.Price: $21.22, Change: $-19.21, Percent Change: -47.51%

$ASGN

Wire53d ago

Top Midday Decliners

Avis Budget Group's (CAR) stock plunged 48% as intraday volume topped 13.6 million shares versus the daily average of about 2.12 million.The shares slumped for the second straight day after short sellers pocketed $2.8 billion in Wednesday's rout, Bloomberg reported, citing data from S3 Partners.ASGN (ASGN) shares tumbled 46% a day after the company reported lower Q1 adjusted net income and issued weaker-than-expected Q2 guidance.Volume topped 5.63 million shares versus the daily average of 830,549.ServiceNow (NOW) faces softer organic revenue trends and a slightly weaker margin outlook even after strong Q1 results, Oppenheimer said.The stock fell 18% as volume topped 65 million shares versus the daily average of almost 21.9 million.Price: $230.94, Change: $-213.00, Percent Change: -47.98%

$ASGN$CAR$NOW

Wire53d ago

UBS Adjusts Price Target on ASGN to $35 From $39, Maintains Sell Rating

ASGN (ASGN) has an average rating of hold and mean price target of $33.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $24.90, Change: $-15.47, Percent Change: -38.32%

$ASGN

Research53d ago

BMO Capital Downgrades ASGN to Market Perform From Outperform, Adjusts Price Target to $33 From $51

ASGN (ASGN) has an average rating of Hold and mean price target of $33.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$ASGN

Research53d ago

Truist Downgrades ASGN to Hold From Buy, Cuts Price Target to $33 From $60

ASGN (ASGN) has an average rating of hold and mean price target of $44.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$ASGN