Share on StockTwits

On Assignment (NASDAQ:ASGN) CFO Theodore S. Hanson sold 62,000 shares of On Assignment stock on the open market in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $35.61, for a total transaction of $2,207,820.00. Following the completion of the transaction, the chief financial officer now directly owns 295,030 shares of the company’s stock, valued at approximately $10,506,018. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on ASGN shares. Analysts at Zacks upgraded shares of On Assignment from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 23rd. They now have a $39.70 price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of On Assignment to $42.00 in a research note on Friday, March 28th. They now have a “buy” rating on the stock. Finally, analysts at Bank of America reiterated a “buy” rating on shares of On Assignment in a research note on Friday, March 28th. They now have a $42.00 price target on the stock, up previously from $40.00. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. On Assignment currently has a consensus rating of “Buy” and a consensus price target of $40.45.

On Assignment (NASDAQ:ASGN) traded down 1.01% during mid-day trading on Friday, hitting $35.25. 192,085 shares of the company’s stock traded hands. On Assignment has a 52 week low of $24.81 and a 52 week high of $39.86. The stock has a 50-day moving average of $35.39 and a 200-day moving average of $34.19. The company has a market cap of $1.915 billion and a P/E ratio of 26.30.

On Assignment (NASDAQ:ASGN) last released its earnings data on Wednesday, April 23rd. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.17. The company had revenue of $439.30 million for the quarter, compared to the consensus estimate of $436.15 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The company’s quarterly revenue was up 15.9% on a year-over-year basis. Analysts expect that On Assignment will post $1.48 EPS for the current fiscal year.

On Assignment, Inc is a global provider of skilled, professionals in the life sciences, healthcare and technology sectors.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.