$0.76 EPS Expected for On Assignment, Inc. (ASGN); At&t Has 1.17 Sentiment

January 17, 2018 - By Michael Collier

AT&T Inc. provides telecommunications and digital entertainment services. The company has market cap of $224.63 billion. The firm operates through four divisions: Business Solutions, Entertainment Group, Consumer Mobility, and International. It has a 17.59 P/E ratio. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, wireless equipment, and other services to business, governmental, and wholesale customers, as well as individual subscribers.

Analysts expect On Assignment, Inc. (NYSE:ASGN) to report $0.76 EPS on February, 13.They anticipate $0.12 EPS change or 18.75% from last quarter’s $0.64 EPS. ASGN’s profit would be $39.53M giving it 21.95 P/E if the $0.76 EPS is correct. After having $0.83 EPS previously, On Assignment, Inc.’s analysts see -8.43% EPS growth. The stock increased 0.57% or $0.38 during the last trading session, reaching $66.74. About 25,592 shares traded. On Assignment, Inc. (NYSE:ASGN) has risen 41.91% since January 17, 2017 and is uptrending. It has outperformed by 25.21% the S&P500.

Since October 10, 2017, it had 0 insider purchases, and 6 selling transactions for $16.35 million activity. Shares for $596,727 were sold by BLAZER RANDOLPH C. $1.20 million worth of On Assignment, Inc. (NYSE:ASGN) was sold by Callaghan Brian J. on Thursday, October 26. Veatch Jeffrey E. sold $85,139 worth of stock.

On Assignment, Inc. provides professionals for contract, contract-to-hire, and direct hire assignments in the United States, Europe, and Canada. The company has market cap of $3.47 billion. The firm operates in two divisions, Apex and Oxford. It has a 31.1 P/E ratio. The Apex segment offers technical, scientific, and digital and creative professionals for contract, contract-to-hire, and permanent placement positions to Fortune 1000 and mid-market clients; IT staffing and consulting services comprising IT infrastructure, application development, project management, and healthcare IT professionals; and creative, marketing, advertising, and digital professionals.

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.07, from 0.98 in 2017Q2. It increased, as 15 investors sold On Assignment, Inc. shares while 71 reduced holdings. 29 funds opened positions while 61 raised stakes. 45.80 million shares or 1.59% less from 46.54 million shares in 2017Q2 were reported. Ami Asset Mngmt Corporation holds 1.12% or 295,147 shares in its portfolio. Intrust Savings Bank Na has 0.09% invested in On Assignment, Inc. (NYSE:ASGN) for 5,142 shares. Teacher Retirement Systems Of Texas owns 4,133 shares or 0% of their US portfolio. Glenmede Tru Na has 762,024 shares. Cornerstone Advisors has invested 0% of its portfolio in On Assignment, Inc. (NYSE:ASGN). Bancshares Of America Corporation De stated it has 0.01% in On Assignment, Inc. (NYSE:ASGN). Tiaa Cref Invest Limited Com has 0.01% invested in On Assignment, Inc. (NYSE:ASGN) for 249,647 shares. Moreover, State Street has 0.01% invested in On Assignment, Inc. (NYSE:ASGN). Walleye Trading Ltd Company invested in 0% or 1,572 shares. Deutsche Savings Bank Ag owns 0.01% invested in On Assignment, Inc. (NYSE:ASGN) for 179,268 shares. Kentucky-based Teachers Retirement Sys Of The State Of Kentucky has invested 0.03% in On Assignment, Inc. (NYSE:ASGN). Envestnet Asset Incorporated stated it has 13,397 shares or 0% of all its holdings. California State Teachers Retirement System reported 0.01% in On Assignment, Inc. (NYSE:ASGN). Citigroup holds 0% or 33,489 shares. Gemmer Asset Limited holds 0% of its portfolio in On Assignment, Inc. (NYSE:ASGN) for 83 shares.

Among 7 analysts covering On Assignment Inc (NYSE:ASGN), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. On Assignment Inc had 26 analyst reports since October 29, 2015 according to SRatingsIntel. The company was maintained on Sunday, October 8 by BMO Capital Markets. Deutsche Bank downgraded the shares of ASGN in report on Wednesday, December 9 to “Hold” rating. BMO Capital Markets maintained the shares of ASGN in report on Friday, November 10 with “Outperform” rating. BMO Capital Markets maintained On Assignment, Inc. (NYSE:ASGN) on Tuesday, July 11 with “Buy” rating. The stock of On Assignment, Inc. (NYSE:ASGN) earned “Mkt Outperform” rating by Avondale on Wednesday, February 15. The stock of On Assignment, Inc. (NYSE:ASGN) has “Outperform” rating given on Thursday, April 27 by RBC Capital Markets. Avondale upgraded the stock to “Market Outperform” rating in Thursday, February 18 report. BMO Capital Markets maintained the stock with “Buy” rating in Friday, September 1 report. The rating was initiated by Deutsche Bank on Thursday, August 18 with “Buy”. The stock has “Mkt Perform” rating by Avondale on Monday, December 19.

Analysts await AT&T Inc. (NYSE:T) to report earnings on January, 24. They expect $0.65 EPS, down 1.52% or $0.01 from last year’s $0.66 per share. T’s profit will be $3.99B for 14.07 P/E if the $0.65 EPS becomes a reality. After $0.74 actual EPS reported by AT&T Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth.

Evercore Trust Company N.A. holds 23.59% of its portfolio in AT&T Inc. for 208.30 million shares. Mediatel Partners owns 935,304 shares or 14.05% of their US portfolio. Moreover, Qv Investors Inc. has 7.1% invested in the company for 2.16 million shares. The Massachusetts-based Excalibur Management Corp has invested 6.36% in the stock. Guardian Investment Management, a California-based fund reported 122,836 shares.

The stock decreased 0.35% or $0.1301 during the last trading session, reaching $36.5899. About 4.22 million shares traded. AT&T Inc. (T) has declined 0.52% since January 17, 2017 and is downtrending. It has underperformed by 17.22% the S&P500.

Ratings analysis reveals 25% of AT&T’s analysts are positive. Out of 8 Wall Street analysts rating AT&T, 2 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $41.0 while the high is $44.0. The stock’s average target of $42.80 is 16.97% above today’s ($36.5899) share price. T was included in 8 notes of analysts from September 26, 2016. The company was downgraded on Tuesday, November 8 by Oppenheimer. The firm has “Neutral” rating given on Wednesday, September 28 by UBS. The stock of AT&T Inc. (NYSE:T) has “Hold” rating given on Monday, September 26 by HSBC. Drexel Hamilton downgraded the stock to “Hold” rating in Monday, October 24 report. The stock has “Outperform” rating by Robert W. Baird on Monday, December 12. As per Thursday, January 26, the company rating was maintained by FBR Capital. The rating was maintained by RBC Capital Markets on Thursday, January 26 with “Sector Perform”. The rating was maintained by Deutsche Bank with “Buy” on Monday, November 14.

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