Wall Street analysts expect On Assignment, Inc. (NYSE:ASGN) to report earnings of $0.72 per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for On Assignment’s earnings, with estimates ranging from $0.71 to $0.73. On Assignment reported earnings per share of $0.79 in the same quarter last year, which suggests a negative year over year growth rate of 8.9%. The company is expected to announce its next quarterly earnings results after the market closes on Wednesday, July 26th.

According to Zacks, analysts expect that On Assignment will report full year earnings of $2.90 per share for the current fiscal year, with EPS estimates ranging from $2.80 to $3.00. For the next fiscal year, analysts anticipate that the business will post earnings of $3.16 per share, with EPS estimates ranging from $3.05 to $3.30. Zacks’ EPS averages are an average based on a survey of research analysts that cover On Assignment.

ASGN has been the subject of a number of research analyst reports. Royal Bank Of Canada increased their target price on shares of On Assignment from $52.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, April 27th. ValuEngine raised shares of On Assignment from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. BidaskClub raised shares of On Assignment from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 9th. Finally, Deutsche Bank AG increased their target price on shares of On Assignment from $51.00 to $57.00 and gave the stock a “buy” rating in a research report on Monday, May 1st. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. On Assignment currently has a consensus rating of “Buy” and an average price target of $56.00.

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On Assignment (NYSE ASGN) traded up 1.73% on Wednesday, hitting $54.75. 210,959 shares of the stock traded hands. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 28.66 and a beta of 2.15. The firm’s 50-day moving average price is $53.15 and its 200-day moving average price is $48.37. On Assignment has a 12-month low of $32.04 and a 12-month high of $55.53.

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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