Media stories about On Assignment (NYSE:ASGN) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. On Assignment earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 45.8449716280371 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- On Assignment, Inc. : Earnings Review and Free Research Report: On Assignment’s Revenue Grew 6%; EPS Surged 20% (4-traders.com)
- On Assignment, Inc. (ASGN) Expected to Announce Earnings of $0.76 Per Share (americanbankingnews.com)
- On Assignment, Inc. :ASGN-US: Earnings Analysis: Q3, 2017 By the Numbers : November 15, 2017 (finance.yahoo.com)
- ETFs with exposure to On Assignment, Inc. : November 16, 2017 (finance.yahoo.com)
On Assignment (NYSE:ASGN) traded up $0.80 on Tuesday, hitting $63.70. The stock had a trading volume of 353,282 shares, compared to its average volume of 280,490. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.57 and a quick ratio of 2.57. On Assignment has a twelve month low of $40.52 and a twelve month high of $63.71. The firm has a market capitalization of $3,270.00, a PE ratio of 21.88, a P/E/G ratio of 2.11 and a beta of 2.12.
On Assignment (NYSE:ASGN) last posted its earnings results on Wednesday, October 25th. The business services provider reported $0.83 EPS for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.08. On Assignment had a return on equity of 16.87% and a net margin of 4.45%. The business had revenue of $667.05 million for the quarter, compared to analysts’ expectations of $660.90 million. During the same quarter in the previous year, the firm earned $0.74 earnings per share. The business’s revenue was up 6.0% compared to the same quarter last year. equities research analysts forecast that On Assignment will post 2.97 earnings per share for the current fiscal year.
A number of analysts have issued reports on ASGN shares. Robert W. Baird reaffirmed a “hold” rating and set a $53.00 price target on shares of On Assignment in a report on Sunday, September 3rd. Royal Bank Of Canada reiterated a “buy” rating on shares of On Assignment in a research report on Friday, October 20th. Zacks Investment Research upgraded On Assignment from a “sell” rating to a “hold” rating in a research report on Thursday, September 21st. BidaskClub cut On Assignment from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. Finally, Deutsche Bank AG lifted their target price on On Assignment from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $60.17.
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In other On Assignment news, insider Jeffrey E. Veatch sold 48,480 shares of On Assignment stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $56.23, for a total value of $2,726,030.40. Following the sale, the insider now owns 392,938 shares of the company’s stock, valued at approximately $22,094,903.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffrey E. Veatch sold 1,520 shares of On Assignment stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $56.01, for a total value of $85,135.20. The disclosure for this sale can be found here. Insiders sold a total of 500,535 shares of company stock worth $29,588,807 in the last 90 days. 5.40% of the stock is currently owned by insiders.
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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