On Assignment, Inc. (NASDAQ:ASGN)‘s stock had its “buy” rating restated by equities research analysts at Royal Bank Of Canada in a report released on Friday. They currently have a $55.00 target price on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 0.26% from the company’s current price.

ASGN has been the subject of several other research reports. BidaskClub upgraded shares of On Assignment from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of On Assignment from a “sell” rating to a “hold” rating in a report on Thursday, September 21st. Robert W. Baird restated a “hold” rating and issued a $53.00 target price on shares of On Assignment in a report on Sunday, September 3rd. Finally, BMO Capital Markets raised their target price on shares of On Assignment from $54.00 to $60.00 and gave the stock an “outperform” rating in a report on Friday, July 14th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $54.60.

On Assignment (NASDAQ:ASGN) last released its earnings results on Wednesday, July 26th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.06. The firm had revenue of $653.31 million during the quarter, compared to analyst estimates of $655.96 million. On Assignment had a net margin of 5.09% and a return on equity of 14.70%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business earned $0.68 EPS.

ILLEGAL ACTIVITY NOTICE: “Royal Bank Of Canada Reiterates “Buy” Rating for On Assignment, Inc. (ASGN)” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/10/13/royal-bank-of-canada-reiterates-buy-rating-for-on-assignment-inc-asgn.html.

In related news, insider Jeffrey E. Veatch sold 1,520 shares of On Assignment stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $56.01, for a total transaction of $85,135.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. lifted its holdings in On Assignment by 137,720.1% during the 1st quarter. BlackRock Inc. now owns 5,902,836 shares of the company’s stock valued at $286,464,000 after buying an additional 5,898,553 shares in the last quarter. Vanguard Group Inc. lifted its holdings in On Assignment by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 4,430,849 shares of the company’s stock valued at $239,930,000 after buying an additional 44,109 shares in the last quarter. BlackRock Fund Advisors lifted its holdings in On Assignment by 9.1% during the 3rd quarter. BlackRock Fund Advisors now owns 3,392,096 shares of the company’s stock valued at $123,099,000 after buying an additional 283,542 shares in the last quarter. TimesSquare Capital Management LLC lifted its holdings in On Assignment by 4.4% during the 3rd quarter. TimesSquare Capital Management LLC now owns 2,841,196 shares of the company’s stock valued at $103,107,000 after buying an additional 120,250 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in On Assignment by 0.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,240,588 shares of the company’s stock valued at $121,328,000 after buying an additional 10,945 shares in the last quarter.

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.

Analyst Recommendations for On Assignment (NASDAQ:ASGN)

Receive News & Ratings for On Assignment Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On Assignment Inc. and related companies with MarketBeat.com's FREE daily email newsletter.