On Assignment Company Profile (NASDAQ:ASGN)

About On Assignment (NASDAQ:ASGN)

On Assignment logoOn 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. The Apex segment provides technical, scientific and creative professionals for temporary, contract-to-hire and permanent placement positions and consulting services to clients across the United States. The Apex segment includes Apex Systems, Lab Support and Creative Circle. The Oxford segment provides specialized niche staffing, permanent placement and consulting services in select skill and geographic markets. The Oxford segment includes Oxford Global Resources, CyberCoders and Life Sciences Europe. The Company has a network of branch offices throughout the United States, Canada and Europe.

Industry, Sector and Symbol:
  • Sector: Industrials
  • Industry: Employment Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:ASGN
  • CUSIP: N/A
  • Web: www.onassignment.com/
Capitalization:
  • Market Cap: $2.95 billion
  • Outstanding Shares: 52,804,000
Average Prices:
  • 50 Day Moving Avg: $52.73
  • 200 Day Moving Avg: $51.38
  • 52 Week Range: $32.04 - $57.21
P/E:
  • Trailing P/E Ratio: 27.45
  • Foreward P/E Ratio: 17.98
  • P/E Growth: 2.03
Sales & Book Value:
  • Annual Revenue: $2.53 billion
  • Price / Sales: 1.17
  • Book Value: $17.55 per share
  • Price / Book: 3.19
Profitability:
  • EBITDA: $263.01 million
  • Net Margins: 5.09%
  • Return on Equity: 14.70%
  • Return on Assets: 7.58%
Misc:
  • Average Volume: 281,851 shs.
  • Short Ratio: 1.92
 

Frequently Asked Questions for On Assignment (NASDAQ:ASGN)

What is On Assignment's stock symbol?

On Assignment trades on the NASDAQ under the ticker symbol "ASGN."

How will On Assignment's stock buyback program work?

On Assignment announced that its Board of Directors has authorized a stock buyback program on Sunday, June 4th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were On Assignment's earnings last quarter?

On Assignment, Inc. (NASDAQ:ASGN) released its quarterly earnings results on Wednesday, July, 26th. The company reported $0.78 EPS for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.06. The company had revenue of $653.31 million for 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 company's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 earnings per share. View On Assignment's Earnings History.

When will On Assignment make its next earnings announcement?

On Assignment is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for On Assignment.

What guidance has On Assignment issued on next quarter's earnings?

On Assignment issued an update on its third quarter earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of $0.73-0.76 for the period, compared to the Thomson Reuters consensus estimate of $0.81. The company issued revenue guidance of $660-670 million, compared to the consensus revenue estimate of $676.76 million.

Where is On Assignment's stock going? Where will On Assignment's stock price be in 2017?

5 equities research analysts have issued twelve-month price objectives for On Assignment's shares. Their forecasts range from $48.00 to $61.00. On average, they expect On Assignment's stock price to reach $54.80 in the next year. View Analyst Ratings for On Assignment.

Who are some of On Assignment's key competitors?

Who are On Assignment's key executives?

On Assignment's management team includes the folowing people:

  • Jeremy M. Jones, Independent Chairman of the Board
  • Theodore S. Hanson, President
  • Peter T. Dameris, Chief Executive Officer, Director
  • Edward L. Pierce, Chief Financial Officer, Executive Vice President
  • Randolph C. Blazer, President of Apex
  • James L. Brill, Senior Vice President, Chief Administrative Officer and Treasurer
  • Jennifer Hankes Painter, Senior Vice President, Chief Legal Officer and Secretary
  • William E. Brock, Independent Director
  • Brian J. Callaghan, Independent Director
  • Jonathan S. Holman, Independent Director

Who owns On Assignment stock?

On Assignment's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Nationwide Fund Advisors (0.11%), Leith Wheeler Investment Counsel Ltd. (0.08%), Sit Investment Associates Inc. (0.08%), Fox Run Management L.L.C. (0.02%), Strs Ohio (0.01%) and Winslow Evans & Crocker Inc. (0.00%). Company insiders that own On Assignment stock include Brian J Callaghan, Edwin A Sheridan, Jeffrey E Veatch, Jeremy M Jones, Jonathan S Holman, Michael Mcgowan, Peter T Dameris, Randolph C Blazer, Theodore S Hanson and William E Brock. View Institutional Ownership Trends for On Assignment.

Who sold On Assignment stock? Who is selling On Assignment stock?

On Assignment's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Sit Investment Associates Inc., Strs Ohio and Winslow Evans & Crocker Inc.. Company insiders that have sold On Assignment stock in the last year include Brian J Callaghan, Edwin A Sheridan, Jeffrey E Veatch, Jeremy M Jones, Jonathan S Holman, Michael Mcgowan, Peter T Dameris, Randolph C Blazer, Theodore S Hanson and William E Brock. View Insider Buying and Selling for On Assignment.

Who bought On Assignment stock? Who is buying On Assignment stock?

On Assignment's stock was purchased by a variety of institutional investors in the last quarter, including Leith Wheeler Investment Counsel Ltd. and Fox Run Management L.L.C.. View Insider Buying and Selling for On Assignment.

How do I buy On Assignment stock?

Shares of On Assignment can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is On Assignment's stock price today?

One share of On Assignment stock can currently be purchased for approximately $55.91.


MarketBeat Community Rating for On Assignment (NASDAQ ASGN)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  74 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  132
MarketBeat's community ratings are surveys of what our community members think about On Assignment and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for On Assignment (NASDAQ:ASGN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $54.80 (1.99% downside)
Consensus Price Target History for On Assignment (NASDAQ:ASGN)
Price Target History for On Assignment (NASDAQ:ASGN)
Analysts' Ratings History for On Assignment (NASDAQ:ASGN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Royal Bank Of CanadaReiterated RatingBuyN/AView Rating Details
10/15/2017BMO Capital MarketsReiterated RatingBuy$61.00N/AView Rating Details
10/6/2017Robert W. BairdReiterated RatingHold$53.00N/AView Rating Details
4/28/2017Deutsche Bank AGReiterated RatingBuy$51.00 -> $57.00LowView Rating Details
2/15/2017Avondale PartnersUpgradeMarket Perform -> OutperformN/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for On Assignment (NASDAQ:ASGN)
Earnings by Quarter for On Assignment (NASDAQ:ASGN)
Earnings History by Quarter for On Assignment (NASDAQ ASGN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.76N/AView Earnings Details
7/26/2017Q2 2017$0.72$0.78$655.96 million$653.31 millionViewN/AView Earnings Details
4/26/2017Q1 17$0.57$0.61$619.83 million$626.53 millionViewN/AView Earnings Details
2/14/2017Q416$0.67$0.64$614.13 million$620.90 millionViewListenView Earnings Details
10/27/2016Q316$0.84$0.74$624.53 million$629.40 millionViewListenView Earnings Details
7/27/2016Q216$0.78$0.80$600.12 million$608.10 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for On Assignment (NASDAQ:ASGN)
2017 EPS Consensus Estimate: $2.80
2018 EPS Consensus Estimate: $3.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.58$0.58$0.58
Q2 20172$0.71$0.72$0.72
Q3 20172$0.75$0.75$0.75
Q4 20172$0.72$0.78$0.75
Q1 20181$0.65$0.65$0.65
Q2 20181$0.86$0.86$0.86
Q3 20181$0.93$0.93$0.93
Q4 20181$0.87$0.87$0.87
(Data provided by Zacks Investment Research)

Dividends

Dividend History for On Assignment (NASDAQ:ASGN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for On Assignment (NASDAQ:ASGN)
Insider Trades by Quarter for On Assignment (NASDAQ:ASGN)
Institutional Ownership by Quarter for On Assignment (NASDAQ:ASGN)
Insider Trades by Quarter for On Assignment (NASDAQ:ASGN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/20/2017Jeffrey E VeatchInsiderSell74,894$56.53$4,233,757.82View SEC Filing  
10/18/2017Jeffrey E VeatchInsiderSell48,480$56.23$2,726,030.40View SEC Filing  
10/10/2017Jeffrey E VeatchInsiderSell1,520$56.01$85,135.20View SEC Filing  
6/20/2017Brian J CallaghanDirectorSell20,250$54.02$1,093,905.00View SEC Filing  
6/15/2017Jeremy M JonesDirectorSell20,000$54.46$1,089,200.00View SEC Filing  
6/12/2017Jonathan S HolmanDirectorSell2,000$54.29$108,580.00View SEC Filing  
6/12/2017Randolph C BlazerInsiderSell10,000$54.33$543,300.00View SEC Filing  
5/31/2017Peter T DamerisCEOSell24,500$52.31$1,281,595.00View SEC Filing  
5/25/2017Randolph C BlazerInsiderSell10,000$52.99$529,900.00View SEC Filing  
5/22/2017Edwin A SheridanDirectorSell65,328$52.13$3,405,548.64View SEC Filing  
5/22/2017Theodore S HansonInsiderSell15,000$52.21$783,150.00View SEC Filing  
5/10/2017Edwin A SheridanDirectorSell29,372$52.14$1,531,456.08View SEC Filing  
5/10/2017Theodore S HansonInsiderSell5,325$52.13$277,592.25View SEC Filing  
5/2/2017Michael McgowanInsiderSell31,400$51.53$1,618,042.00View SEC Filing  
5/1/2017Jeffrey E VeatchInsiderSell150,000$51.14$7,671,000.00View SEC Filing  
4/28/2017Michael McgowanInsiderSell118,150$52.01$6,144,981.50View SEC Filing  
4/25/2017Jeffrey E VeatchInsiderSell100,000$49.29$4,929,000.00View SEC Filing  
4/24/2017Jeffrey E VeatchInsiderSell19,019$49.02$932,311.38View SEC Filing  
3/16/2017Peter T DamerisCEOSell21,275$48.34$1,028,433.50View SEC Filing  
3/10/2017Edwin A SheridanDirectorSell25,764$47.09$1,213,226.76View SEC Filing  
3/7/2017Brian J CallaghanDirectorSell14,290$47.01$671,772.90View SEC Filing  
3/2/2017Edwin A SheridanDirectorSell55,900$47.47$2,653,573.00View SEC Filing  
3/1/2017William E BrockDirectorSell7,500$47.75$358,125.00View SEC Filing  
2/16/2017Jeffrey E VeatchInsiderSell50,000$48.06$2,403,000.00View SEC Filing  
2/16/2017Peter T DamerisCEOSell16,338$47.75$780,139.50View SEC Filing  
2/13/2017Peter T DamerisCEOSell1,005$47.37$47,606.85View SEC Filing  
2/3/2017Jeffrey E VeatchInsiderSell1,221$47.08$57,484.68View SEC Filing  
2/3/2017Peter T DamerisCEOSell10,000$46.77$467,700.00View SEC Filing  
1/25/2017Jeffrey E VeatchInsiderSell50,000$46.24$2,312,000.00View SEC Filing  
1/25/2017Peter T DamerisCEOSell8,199$46.04$377,481.96View SEC Filing  
1/24/2017Peter T DamerisCEOSell16,101$45.63$734,688.63View SEC Filing  
1/18/2017Peter T DamerisCEOSell300$45.01$13,503.00View SEC Filing  
1/13/2017Peter T DamerisCEOSell15,000$45.02$675,300.00View SEC Filing  
12/8/2016Jeffrey E VeatchInsiderSell100,000$45.03$4,503,000.00View SEC Filing  
11/16/2016Randolph C BlazerInsiderSell20,000$40.25$805,000.00View SEC Filing  
9/22/2016Peter T DamerisCEOSell23,537$36.88$868,044.56View SEC Filing  
9/13/2016Michael McgowanCOOSell4,000$37.17$148,680.00View SEC Filing  
6/15/2016Michael McgowanCOOSell8,000$37.01$296,080.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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On Assignment (ASGN) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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