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ASGN Secures $100 Million Incremental Term Loan Facility

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ASGN Secures $100 Million Incremental Term Loan Facility

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ASGN ( (ASGN) ) has issued an update.

On July 31, 2025, ASGN Incorporated entered into a Second Amendment to its Third Amended and Restated Credit Agreement, introducing an incremental term loan facility of $100 million. This amendment aims to enhance ASGN’s financial flexibility, allowing for strategic allocation of cash flows towards organic business investments, future acquisitions, and share buybacks.

The most recent analyst rating on (ASGN) stock is a Buy with a $100.00 price target. To see the full list of analyst forecasts on ASGN stock, see the ASGN Stock Forecast page.

Spark’s Take on ASGN Stock

According to Spark, TipRanks’ AI Analyst, ASGN is a Outperform.

ASGN’s overall score reflects a stable financial position with robust cash flow capabilities countering challenges in revenue decline and profit margins. Technical indicators are mixed, showing neutral momentum. The earnings call highlights growth areas in IT consulting and strategic investments, despite some revenue challenges.

To see Spark’s full report on ASGN stock, click here.

More about ASGN

Average Trading Volume: 539,723

Technical Sentiment Signal: Sell

Current Market Cap: $2.35B

Learn more about ASGN stock on TipRanks’ Stock Analysis page.

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