On Assignment (NYSE:ASGN) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.74-0.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.76. The company issued revenue guidance of $672-682 million, compared to the consensus revenue estimate of $673.66 million.
On Assignment (NYSE:ASGN) traded down $1.36 during mid-day trading on Thursday, hitting $72.90. 34,665 shares of the company were exchanged, compared to its average volume of 293,005. On Assignment has a 52-week low of $44.66 and a 52-week high of $77.68. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.57 and a current ratio of 2.57. The stock has a market cap of $3,789.29, a PE ratio of 34.54, a PEG ratio of 2.01 and a beta of 2.11.
On Assignment (NYSE:ASGN) last released its quarterly earnings results on Wednesday, February 14th. The business services provider reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.68. On Assignment had a net margin of 4.45% and a return on equity of 16.87%. The firm had revenue of $679.04 million during the quarter, compared to analysts’ expectations of $671.35 million. During the same period in the previous year, the company earned $0.64 EPS. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. equities research analysts predict that On Assignment will post 2.97 earnings per share for the current fiscal year.
In other On Assignment news, Director Brian J. Callaghan sold 20,250 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $64.00, for a total value of $1,296,000.00. Following the completion of the sale, the director now directly owns 392,930 shares of the company’s stock, valued at approximately $25,147,520. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Jennifer Hankes Painter sold 3,500 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $63.06, for a total transaction of $220,710.00. Following the completion of the sale, the senior vice president now directly owns 10,667 shares of the company’s stock, valued at $672,661.02. The disclosure for this sale can be found here. Over the last three months, insiders sold 23,915 shares of company stock valued at $1,528,095. 5.40% of the stock is owned by corporate insiders.
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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.
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