Impact of Brokerage Rating on On Assignment, Inc.(ASGN)

Many On Assignment, Inc.(ASGN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. On Assignment was Downgraded by Avondale to Mkt Perform on Dec 19, 2016.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Peter T Dameris (Chief Executive Officer) sold 1,005 shares at 47.41 per share price.On Nov 16, 2016, Randolph C Blazer (Pres, Apex-a sub of the Issuer) sold 20,000 shares at 40.25 per share price.On Sep 14, 2016, Michael Mcgowan (COO, OAI; Pres, OGR) sold 4,000 shares at 37.17 per share price.

On Assignment Last issued its quarterly earnings results on Feb 14, 2017. The company reported $0.64 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $0.69. The company had revenue of $621.00 million for the quarter, compared to analysts expectations of $614.13 million. The companys revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

On Assignment, Inc. (NYSE:ASGN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.57 by 7 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.

On Assignment, Inc. (NYSE:ASGN): According to 6 Analysts, The short term target price has been estimated at $ 48.17.The target price could deviate by a maximum of $5.98 from the forecast price. In the near term, the target price could hit a high of $54 and a low of $ 38.

On Assignment, Inc. (NYSE:ASGN) witnessed a decline in the market cap on Tuesday as its shares dropped 1.15% or 0.53 points. After the session commenced at $45.65, the stock reached the higher end at $45.98 while it hit a low of $45.11. With the volume soaring to 904,338 shares, the last trade was called at $45.46. The company has a 52-week high of $47.46. The company has a market cap of $2,407 million and there are 52,937,116 shares in outstanding. The 52-week low of the share price is $30.1.

On Assignment, Inc., through its first operating division, Lab Support, is a leading nationwide provider of temporary scientific professionals to laboratories in the biotechnology, pharmaceutical, food and beverage, chemical, and environmental industries. The companys strategy is to serve the needs of targeted industries for quality assignments of temporary professionals.


Share this post

Leave a Reply