News headlines about On Assignment (NASDAQ:ASGN) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. On Assignment earned a news impact score of 0.19 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.0979371385324 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s analysis:
- ETFs with exposure to On Assignment, Inc. : September 15, 2017 (finance.yahoo.com)
- On Assignment, Inc. (ASGN) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- On Assignment (ASGN) Presents At Deutsche Bank 2017 Technology Conference – Slideshow (seekingalpha.com)
- $665.22 Million in Sales Expected for On Assignment, Inc. (ASGN) This Quarter (americanbankingnews.com)
Several equities analysts recently weighed in on ASGN shares. Zacks Investment Research upgraded shares of On Assignment from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a report on Tuesday, June 13th. Robert W. Baird restated a “hold” rating and set a $53.00 target price on shares of On Assignment in a report on Sunday, September 3rd. BidaskClub upgraded shares of On Assignment from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, BMO Capital Markets lifted their target price on shares of On Assignment from $54.00 to $60.00 and gave the company an “outperform” rating in a report on Friday, July 14th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. On Assignment has a consensus rating of “Buy” and an average target price of $55.67.
On Assignment (ASGN) opened at 49.36 on Friday. The firm has a 50-day moving average of $47.62 and a 200-day moving average of $50.01. On Assignment has a one year low of $32.05 and a one year high of $55.53. The firm has a market cap of $2.61 billion and a price-to-earnings ratio of 24.23.
On Assignment (NASDAQ:ASGN) last posted its earnings results 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 business had revenue of $653.31 million for the quarter, compared to analyst estimates of $655.96 million. During the same period last year, the business posted $0.68 EPS. On Assignment’s revenue was up 7.4% compared to the same quarter last year. Analysts anticipate that On Assignment will post $2.86 EPS for the current year.
In related news, Director Brian J. Callaghan sold 20,250 shares of the firm’s stock in a transaction on 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 directly owns 430,873 shares in the company, valued at approximately $23,275,759.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
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On Assignment Company Profile
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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