Comparing On Assignment (ASGN) & The Competition

On Assignment (NYSE: ASGN) is one of 23 public companies in the “Help supply services” industry, but how does it weigh in compared to its competitors? We will compare On Assignment to similar businesses based on the strength of its analyst recommendations, profitability, institutional ownership, valuation, earnings, dividends and risk.

Analyst Recommendations

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This is a breakdown of recent recommendations and price targets for On Assignment and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
On Assignment 0 1 6 0 2.86
On Assignment Competitors 69 343 569 11 2.53

On Assignment presently has a consensus price target of $77.83, suggesting a potential downside of 5.54%. As a group, “Help supply services” companies have a potential upside of 9.63%. Given On Assignment’s competitors higher probable upside, analysts clearly believe On Assignment has less favorable growth aspects than its competitors.

Risk and Volatility

On Assignment has a beta of 1.89, suggesting that its stock price is 89% more volatile than the S&P 500. Comparatively, On Assignment’s competitors have a beta of 1.18, suggesting that their average stock price is 18% more volatile than the S&P 500.

Valuation and Earnings

This table compares On Assignment and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
On Assignment $2.63 billion $157.67 million 27.07
On Assignment Competitors $4.22 billion $125.65 million 11.49

On Assignment’s competitors have higher revenue, but lower earnings than On Assignment. On Assignment is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Institutional & Insider Ownership

94.1% of On Assignment shares are held by institutional investors. Comparatively, 62.3% of shares of all “Help supply services” companies are held by institutional investors. 5.4% of On Assignment shares are held by insiders. Comparatively, 19.1% of shares of all “Help supply services” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares On Assignment and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
On Assignment 6.00% 17.42% 9.11%
On Assignment Competitors 1.78% -1.77% 5.50%

Summary

On Assignment beats its competitors on 9 of the 13 factors compared.

On Assignment Company Profile

ASGN Incorporated provides IT and professional services in the technology, digital, creative, healthcare technology, engineering, life sciences, and government sectors in the United States, Europe, and Canada. The company's Apex segment offers technical, digital, and creative and scientific 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. It also provides scientific, engineering, and clinical research staffing and services for temporary and permanent assignments, such as chemists, clinical research associates, clinical lab assistants, engineers, biologists, biochemists, microbiologists, molecular biologists, biostatisticians, drug safety specialists, SAS programmers, medical writers, food scientists, regulatory affairs specialists, lab assistants, and other skilled professionals. This segment serves companies from various industries, as well as advertising agencies and company marketing departments. Its Oxford segment recruits and delivers experienced IT, engineering, and regulatory and compliance consultants to clients for temporary assignments and project engagements; provides permanent placements in technology, engineering, sales, executive, financial, accounting, scientific, legal, and operations positions; and offers locally-based contract and permanent life science professionals to clients with research and development projects. The company's ECS segment delivers solutions in cloud, cybersecurity, software development, IT modernization, and science and engineering. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. The company was founded in 1985 and is headquartered in Calabasas, California.

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