News stories about On Assignment (NYSE:ASGN) have been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring 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 coverage optimism score of 0.21 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.7348891435199 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of On Assignment (ASGN) opened at $67.40 on Friday. The stock has a market capitalization of $3,451.71, a PE ratio of 31.35, a price-to-earnings-growth ratio of 1.98 and a beta of 2.12. On Assignment has a 52 week low of $43.25 and a 52 week high of $68.50. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.57 and a current ratio of 2.57.

On Assignment (NYSE:ASGN) last released its quarterly earnings results on Wednesday, October 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.08. The business had revenue of $667.05 million during the quarter, compared to the consensus estimate of $660.90 million. On Assignment had a return on equity of 16.87% and a net margin of 4.45%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.74 EPS. equities research analysts anticipate that On Assignment will post 3.1 earnings per share for the current year.

Several research firms recently commented on ASGN. Zacks Investment Research downgraded On Assignment from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. BidaskClub upgraded On Assignment from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. Robert W. Baird restated a “hold” rating and set a $59.00 price target on shares of On Assignment in a research note on Friday, October 27th. Royal Bank of Canada boosted their price target on On Assignment from $59.00 to $61.00 and gave the company an “outperform” rating in a research note on Thursday, October 26th. Finally, Wells Fargo & Co boosted their price target on On Assignment to $71.00 and gave the company an “outperform” rating in a research note on Friday, December 29th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $66.50.

In related news, insider Theodore S. Hanson sold 18,313 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $61.55, for a total transaction of $1,127,165.15. Following the completion of the transaction, the insider now directly owns 253,639 shares in the company, valued at approximately $15,611,480.45. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Theodore S. Hanson sold 11,325 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $61.72, for a total value of $698,979.00. Following the transaction, the insider now owns 253,639 shares of the company’s stock, valued at $15,654,599.08. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 399,391 shares of company stock valued at $24,060,593. Corporate insiders own 5.40% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for On Assignment (NYSE:ASGN)

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