TrueBlue (TBI) and On Assignment (ASGN) Financial Contrast
TrueBlue (NYSE: TBI) and On Assignment (NYSE:ASGN) are both business services companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk and earnings.
Earnings and Valuation
This table compares TrueBlue and On Assignment’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|TrueBlue||$2.61 billion||0.36||$138.93 million||$1.41||15.92|
|On Assignment||$2.53 billion||1.14||$263.01 million||$2.04||26.68|
On Assignment has higher revenue, but lower earnings than TrueBlue. TrueBlue is trading at a lower price-to-earnings ratio than On Assignment, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
TrueBlue has a beta of 2.4, indicating that its share price is 140% more volatile than the S&P 500. Comparatively, On Assignment has a beta of 2.1, indicating that its share price is 110% more volatile than the S&P 500.
Insider and Institutional Ownership
89.8% of TrueBlue shares are held by institutional investors. Comparatively, 90.0% of On Assignment shares are held by institutional investors. 2.0% of TrueBlue shares are held by insiders. Comparatively, 5.4% of On Assignment shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This is a breakdown of current ratings and price targets for TrueBlue and On Assignment, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
TrueBlue presently has a consensus target price of $18.67, suggesting a potential downside of 16.85%. On Assignment has a consensus target price of $56.00, suggesting a potential upside of 2.90%. Given On Assignment’s stronger consensus rating and higher probable upside, analysts clearly believe On Assignment is more favorable than TrueBlue.
This table compares TrueBlue and On Assignment’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
On Assignment beats TrueBlue on 12 of the 14 factors compared between the two stocks.
TrueBlue, Inc. is a provider of specialized workforce solutions. The Company is engaged in providing staffing, on-site workforce management and recruitment process outsourcing services. The Company operates through three segments: PeopleReady, PeopleManagement and PeopleScout. Its PeopleReady segment provides blue-collar contingent staffing through the PeopleReady service line. Its PeopleManagement segment provides primarily on-premise contingent staffing and on-premise management of those contingent staffing services through four segments: Staff Management a SMX (Staff Management), SIMOS Insourcing Solutions Corporation (SIMOS), Centerline and PlaneTechs. Its PeopleScout segment provides permanent employee recruitment process outsourcing (RPO) and management of outsourced labor service providers through two segments: PeopleScout and PeopleScout MSP.
About On Assignment
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. The Apex segment provides technical, scientific and creative professionals for temporary, contract-to-hire and permanent placement positions and consulting services to clients across the United States. The Apex segment includes Apex Systems, Lab Support and Creative Circle. The Oxford segment provides specialized niche staffing, permanent placement and consulting services in select skill and geographic markets. The Oxford segment includes Oxford Global Resources, CyberCoders and Life Sciences Europe. The Company has a network of branch offices throughout the United States, Canada and Europe.
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