News articles about On Assignment (NASDAQ:ASGN) have been trending somewhat positive on Monday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. On Assignment earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.6280638419028 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of analysts have weighed in on the company. BMO Capital Markets increased their price target on On Assignment from $54.00 to $60.00 and gave the stock an “outperform” rating in a report on Friday, July 14th. Zacks Investment Research upgraded On Assignment from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a report on Tuesday, June 13th. Robert W. Baird reiterated a “hold” rating and set a $53.00 price target on shares of On Assignment in a report on Sunday, September 3rd. Finally, BidaskClub upgraded On Assignment from a “sell” rating to a “hold” rating in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. On Assignment has a consensus rating of “Hold” and an average price target of $55.67.
Shares of On Assignment (NASDAQ ASGN) opened at 48.43 on Monday. The firm’s 50-day moving average price is $48.05 and its 200-day moving average price is $49.97. On Assignment has a one year low of $32.04 and a one year high of $55.53. The firm has a market capitalization of $2.56 billion and a P/E ratio of 23.78.
On Assignment (NASDAQ:ASGN) last released its quarterly earnings data on Wednesday, July 26th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.06. On Assignment had a net margin of 5.09% and a return on equity of 14.70%. The firm had revenue of $653.31 million for the quarter, compared to analysts’ expectations of $655.96 million. During the same quarter in the previous year, the company earned $0.68 earnings per share. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. On average, equities analysts forecast that On Assignment will post $2.86 earnings per share for the current year.
In other On Assignment news, Director Brian J. Callaghan sold 20,250 shares of the business’s stock in a transaction dated Tuesday, June 20th. The shares were sold at an average price of $54.02, for a total value of $1,093,905.00. Following the transaction, the director now owns 430,873 shares in the company, valued at $23,275,759.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeremy M. Jones sold 20,000 shares of the business’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $54.46, for a total transaction of $1,089,200.00. The disclosure for this sale can be found here.
About On Assignment
On Assignment, Inc is a global provider of in-demand, skilled professionals in the technology, life sciences and creative sectors. The Company matches resumes with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. It operates through two segments.
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