About On Assignment (NASDAQ:ASGN)
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. 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/
- Market Cap: $2.95 billion
- Outstanding Shares: 52,804,000
- 50 Day Moving Avg: $52.73
- 200 Day Moving Avg: $51.38
- 52 Week Range: $32.04 - $57.21
Sales & Book Value:
- Trailing P/E Ratio: 27.45
- Foreward P/E Ratio: 17.98
- P/E Growth: 2.03
- Annual Revenue: $2.53 billion
- Price / Sales: 1.17
- Book Value: $17.55 per share
- Price / Book: 3.19
- EBITDA: $263.01 million
- Net Margins: 5.09%
- Return on Equity: 14.70%
- Return on Assets: 7.58%
- 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?
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?
Some companies that are related to On Assignment include Rentokil Initial plc (RTO), Watsco (WSO.B), Trinity Industries (TRN), easyJet plc (EZJ), Bombardier (BDRBF), Schneider National (SNDR), Weir Group PLC (WEIR), Halma plc (HLMA), G4S plc (GFS), Melrose Industries PLC (MRO), Babcock International Group PLC (BAB), Spirax-Sarco Engineering plc (SPX), Terex (TEX), Meggitt plc (MGGT), Knight-Swift Transportation Holdings (SWFT), Royal Mail PLC (RMG), Capita PLC (CPI) and Renishaw plc (RSW).
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?
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?
MarketBeat Community Rating for On Assignment (NASDAQ ASGN)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.
One share of On Assignment stock can currently be purchased for approximately $55.91.
Consensus Ratings for On Assignment (NASDAQ:ASGN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for On Assignment (NASDAQ:ASGN)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Royal Bank Of Canada||Reiterated Rating||Buy||N/A|
|10/15/2017||BMO Capital Markets||Reiterated Rating||Buy||$61.00||N/A|
|10/6/2017||Robert W. Baird||Reiterated Rating||Hold||$53.00||N/A|
|4/28/2017||Deutsche Bank AG||Reiterated Rating||Buy||$51.00 -> $57.00||Low|
|2/15/2017||Avondale Partners||Upgrade||Market Perform -> Outperform||N/A|
Earnings History for On Assignment (NASDAQ:ASGN)Earnings History by Quarter for On Assignment (NASDAQ ASGN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$0.72||$0.78||$655.96 million||$653.31 million||View||N/A|
|4/26/2017||Q1 17||$0.57||$0.61||$619.83 million||$626.53 million||View||N/A|
|2/14/2017||Q416||$0.67||$0.64||$614.13 million||$620.90 million||View||Listen|
|10/27/2016||Q316||$0.84||$0.74||$624.53 million||$629.40 million||View||Listen|
|7/27/2016||Q216||$0.78||$0.80||$600.12 million||$608.10 million||View||Listen|
Earnings Estimates for On Assignment (NASDAQ:ASGN)
2017 EPS Consensus Estimate: $2.80
2018 EPS Consensus Estimate: $3.31
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for On Assignment (NASDAQ:ASGN)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for On Assignment (NASDAQ:ASGN)Insider Trades by Quarter for On Assignment (NASDAQ:ASGN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/20/2017||Jeffrey E Veatch||Insider||Sell||74,894||$56.53||$4,233,757.82|| |
|10/18/2017||Jeffrey E Veatch||Insider||Sell||48,480||$56.23||$2,726,030.40|| |
|10/10/2017||Jeffrey E Veatch||Insider||Sell||1,520||$56.01||$85,135.20|| |
|6/20/2017||Brian J Callaghan||Director||Sell||20,250||$54.02||$1,093,905.00|| |
|6/15/2017||Jeremy M Jones||Director||Sell||20,000||$54.46||$1,089,200.00|| |
|6/12/2017||Jonathan S Holman||Director||Sell||2,000||$54.29||$108,580.00|| |
|6/12/2017||Randolph C Blazer||Insider||Sell||10,000||$54.33||$543,300.00|| |
|5/31/2017||Peter T Dameris||CEO||Sell||24,500||$52.31||$1,281,595.00|| |
|5/25/2017||Randolph C Blazer||Insider||Sell||10,000||$52.99||$529,900.00|| |
|5/22/2017||Edwin A Sheridan||Director||Sell||65,328||$52.13||$3,405,548.64|| |
|5/22/2017||Theodore S Hanson||Insider||Sell||15,000||$52.21||$783,150.00|| |
|5/10/2017||Edwin A Sheridan||Director||Sell||29,372||$52.14||$1,531,456.08|| |
|5/10/2017||Theodore S Hanson||Insider||Sell||5,325||$52.13||$277,592.25|| |
|5/2/2017||Michael Mcgowan||Insider||Sell||31,400||$51.53||$1,618,042.00|| |
|5/1/2017||Jeffrey E Veatch||Insider||Sell||150,000||$51.14||$7,671,000.00|| |
|4/28/2017||Michael Mcgowan||Insider||Sell||118,150||$52.01||$6,144,981.50|| |
|4/25/2017||Jeffrey E Veatch||Insider||Sell||100,000||$49.29||$4,929,000.00|| |
|4/24/2017||Jeffrey E Veatch||Insider||Sell||19,019||$49.02||$932,311.38|| |
|3/16/2017||Peter T Dameris||CEO||Sell||21,275||$48.34||$1,028,433.50|| |
|3/10/2017||Edwin A Sheridan||Director||Sell||25,764||$47.09||$1,213,226.76|| |
|3/7/2017||Brian J Callaghan||Director||Sell||14,290||$47.01||$671,772.90|| |
|3/2/2017||Edwin A Sheridan||Director||Sell||55,900||$47.47||$2,653,573.00|| |
|3/1/2017||William E Brock||Director||Sell||7,500||$47.75||$358,125.00|| |
|2/16/2017||Jeffrey E Veatch||Insider||Sell||50,000||$48.06||$2,403,000.00|| |
|2/16/2017||Peter T Dameris||CEO||Sell||16,338||$47.75||$780,139.50|| |
|2/13/2017||Peter T Dameris||CEO||Sell||1,005||$47.37||$47,606.85|| |
|2/3/2017||Jeffrey E Veatch||Insider||Sell||1,221||$47.08||$57,484.68|| |
|2/3/2017||Peter T Dameris||CEO||Sell||10,000||$46.77||$467,700.00|| |
|1/25/2017||Jeffrey E Veatch||Insider||Sell||50,000||$46.24||$2,312,000.00|| |
|1/25/2017||Peter T Dameris||CEO||Sell||8,199||$46.04||$377,481.96|| |
|1/24/2017||Peter T Dameris||CEO||Sell||16,101||$45.63||$734,688.63|| |
|1/18/2017||Peter T Dameris||CEO||Sell||300||$45.01||$13,503.00|| |
|1/13/2017||Peter T Dameris||CEO||Sell||15,000||$45.02||$675,300.00|| |
|12/8/2016||Jeffrey E Veatch||Insider||Sell||100,000||$45.03||$4,503,000.00|| |
|11/16/2016||Randolph C Blazer||Insider||Sell||20,000||$40.25||$805,000.00|| |
|9/22/2016||Peter T Dameris||CEO||Sell||23,537||$36.88||$868,044.56|| |
|9/13/2016||Michael Mcgowan||COO||Sell||4,000||$37.17||$148,680.00|| |
|6/15/2016||Michael Mcgowan||COO||Sell||8,000||$37.01||$296,080.00|| |
Headline Trends for On Assignment (NASDAQ:ASGN)
Latest Headlines for On Assignment (NASDAQ:ASGN)
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On Assignment (ASGN) Chart for Tuesday, October, 24, 2017