On Assignment (NYSE:ASGN) had its price objective hoisted by research analysts at SunTrust Banks to $88.00 in a research report issued on Thursday, The Fly reports. The brokerage presently has a “buy” rating on the business services provider’s stock. SunTrust Banks’ price target indicates a potential upside of 16.94% from the company’s current price. SunTrust Banks also issued estimates for On Assignment’s FY2019 earnings at $3.48 EPS.
ASGN has been the topic of a number of other reports. BMO Capital Markets boosted their target price on shares of On Assignment from $62.00 to $66.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Royal Bank of Canada restated a “buy” rating and set a $55.00 target price on shares of On Assignment in a report on Friday, October 13th. ValuEngine upgraded shares of On Assignment from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded shares of On Assignment from a “hold” rating to a “buy” rating and set a $67.00 target price on the stock in a report on Friday, October 27th. Finally, Robert W. Baird restated a “hold” rating and set a $53.00 target price on shares of On Assignment in a report on Friday, October 6th. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $72.86.
On Assignment (NYSE ASGN) opened at $75.25 on Thursday. The firm has a market cap of $3,870.00, a price-to-earnings ratio of 35.00, a P/E/G ratio of 2.28 and a beta of 2.10. On Assignment has a fifty-two week low of $43.83 and a fifty-two week high of $77.68. The company has a current ratio of 2.57, a quick ratio of 2.57 and a debt-to-equity ratio of 0.66.
Several large investors have recently added to or reduced their stakes in ASGN. Public Employees Retirement Association of Colorado acquired a new position in shares of On Assignment in the fourth quarter valued at $192,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of On Assignment by 38.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,099 shares of the business services provider’s stock valued at $199,000 after purchasing an additional 857 shares during the last quarter. Everence Capital Management Inc. bought a new stake in shares of On Assignment in the fourth quarter valued at about $217,000. Parametrica Management Ltd bought a new stake in shares of On Assignment in the fourth quarter valued at about $265,000. Finally, Aurora Investment Counsel bought a new stake in shares of On Assignment in the fourth quarter valued at about $268,000. Hedge funds and other institutional investors own 91.80% of the company’s stock.
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.
Receive News & Ratings for On Assignment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On Assignment and related companies with MarketBeat.com's FREE daily email newsletter.