On Assignment, Inc. (NYSE:ASGN) Director Brian J. Callaghan sold 20,250 shares of On Assignment stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $64.00, for a total transaction of $1,296,000.00. Following the transaction, the director now directly owns 392,930 shares in the company, valued at $25,147,520. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
On Assignment, Inc. (ASGN) traded down $0.66 during midday trading on Thursday, reaching $63.96. 197,109 shares of the company’s stock traded hands, compared to its average volume of 277,900. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 0.66. On Assignment, Inc. has a fifty-two week low of $40.52 and a fifty-two week high of $65.34. The stock has a market capitalization of $3,355.48, a price-to-earnings ratio of 22.56, a P/E/G ratio of 2.17 and a beta of 2.12.
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, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.08. On Assignment had a net margin of 4.45% and a return on equity of 16.87%. The business had revenue of $667.05 million for the quarter, compared to analyst estimates of $660.90 million. During the same period in the previous year, the company earned $0.74 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. analysts forecast that On Assignment, Inc. will post 2.97 EPS for the current year.
Several equities analysts recently issued reports on the stock. ValuEngine raised shares of On Assignment from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Robert W. Baird reaffirmed a “hold” rating and issued a $59.00 price target on shares of On Assignment in a report on Friday, October 27th. BMO Capital Markets lifted their price target on shares of On Assignment from $61.00 to $62.00 and gave the stock an “outperform” rating in a report on Thursday, October 26th. BidaskClub raised shares of On Assignment from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 27th. Finally, Zacks Investment Research raised shares of On Assignment from a “sell” rating to a “hold” rating in a report on Friday, September 15th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $60.17.
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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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