On Assignment (NASDAQ:ASGN) Insider Emmett Mcgrath sold 27,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $32.96, for a total transaction of $906,400.00. Following the completion of the sale, the insider now directly owns 119,149 shares in the company. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on ASGN shares. Analysts at UBS AG raised their price target on shares of On Assignment (NASDAQ:ASGN) from $32.50 to $34.00 in a research note to investors on Friday, July 26th. They now have a “buy” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of On Assignment (NASDAQ:ASGN) from $29.00 to $31.00 in a research note to investors on Thursday, July 25th. They now have a “hold” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of On Assignment (NASDAQ:ASGN) from $33.00 to $34.00 in a research note to investors on Thursday, July 25th. They now have an “outperform” rating on the stock.
One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. On Assignment presently has a consensus rating of “Buy” and a consensus price target of $32.33.
On Assignment (NASDAQ:ASGN) traded up 0.64% during mid-day trading on Tuesday, hitting $33.04. 342,013 shares of the company’s stock traded hands. On Assignment has a 52-week low of $16.59 and a 52-week high of $33.55. The stock has a 50-day moving average of $31.05 and a 200-day moving average of $26.88. The company has a market cap of $1.771 billion and a price-to-earnings ratio of 28.65.
On Assignment (NASDAQ:ASGN) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.28 by $0.04. The company had revenue of $417.90 million for the quarter, compared to the consensus estimate of $410.88 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 47.6% on a year-over-year basis. On average, analysts predict that On Assignment will post $1.18 earnings per share for the current fiscal year.
On Assignment, Inc is a global provider of skilled, professionals in the life sciences, healthcare and technology sectors.