EFOR has been downgraded to SELL_IF_HOLDING on a negative news modifier and sits in a falling-knife technical setup with a hard block, yet notable insider buying and a deep-value forward P/E argue the selloff may be overdone.
Thesis pillars
- Attractive Valuation Cash Conversion→Stable
- News Driven Sell Downgrade→Stable
- Falling Knife Hard Block→Stable
- +1 more pillar — see the Why tab for full reasoning
Everforth, Inc. (EFOR) Stock Analysis
Inst Constrain edge
Technology · Information Technology Services
Sell if holding. Multiple concerning factors at $17.76: Consecutive earnings misses (2); Concentration risk — Supplier: single outsourced back-office vendor.
ASGN Incorporated, rebranding to Everforth in the first half of 2026, is a leading provider of IT and digital-engineering solutions to commercial and government clients through six brands (Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast, and TopBloc), organized into... Read more
Sell if holding. Multiple concerning factors at $17.76: Consecutive earnings misses (2); Concentration risk — Supplier: single outsourced back-office vendor. Chart setup: No clear chart pattern; technical signals are mixed. Score 6.1/10, moderate confidence.
Passes 8/10 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 15d clear, semi cycle peak clear, materials cycle peak clear). Fails on death cross (50MA < 200MA). Suitability: speculative.
About Everforth, Inc.
About Everforth, Inc.
ASGN Incorporated — rebranding to Everforth in the first half of 2026 — split 2025 revenue 70% Commercial and 30% Federal Government across six brands including Apex Systems, ECS, and TopBloc, with contracts directly with U.S. federal government agencies combined representing 26% of consolidated revenue and a $2.9 billion Federal Government contract backlog as of December 31, 2025. The company employed approximately 19,600 billable professionals in 2025.
ASGN's Commercial Segment sells Cloud and Infrastructure, Data and AI, Software Development, Customer Experience, Cybersecurity, and Enterprise Platform services to Fortune 1000 and mid-market clients across financial services, healthcare, and technology/media/telecom industries, building on a legacy IT-staffing business that has evolved toward higher-margin consulting work — 62% of 2025 consolidated revenue came from combined commercial and federal IT consulting. The Federal Government Segment serves defense, intelligence, and national-security agencies under three-to-five-year time-and-materials, cost-reimbursable, and firm-fixed-price contracts, supported by roughly 1,000 cybersecurity consultants (about 500 cleared) and 900 cleared AI and data professionals. ASGN's total addressable market is estimated at $680 billion, split across $490 billion in commercial IT consulting, $135 billion in government IT consulting, and $55 billion in professional staffing, and the company continues to grow through acquisitions, including its pending purchase of Quinnox Inc. announced in January 2026.
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ASGN has introduced a new single point of failure into its own back office: the 10-K discloses that the company recently outsourced certain back-office support functions to a single third-party vendor and now depends on that one relationship to meet certain business needs, with no guarantee the vendor can sustain adequate performance or that replacing it would be quick or inexpensive. That concentration sits alongside $2.1 billion of goodwill and $453.8 million of net acquired intangible assets on the balance sheet as of December 31, 2025, built up through ASGN's acquisition-heavy growth strategy, exposing the company to impairment risk if any acquired business underperforms.
See also: Technology · Information Technology Services
From Everforth, Inc.'s most recent 10-K filing, extracted July 6, 2026.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerU.S. federal government26%10-K Item 1: 'Revenues from contracts directly with several U.S. federal government agencies in which our Federal Government Segment is a prime contractor combined were 26 percent of consolidated revenues in 2025.'
- HIGHSuppliersingle outsourced back-office vendor10-K Item 1A: 'we depend on a single third-party vendor relationship to ensure that certain of our business needs are sufficiently met'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker·2 ceiling hits
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Multiple concerning factors at $17.76: Consecutive earnings misses (2); Concentration risk — Supplier: single outsourced back-office vendor. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $16.54. Score 6.1/10, moderate confidence.
Take-profit target: $25.52 (+43.5% upside). Prior stop was $16.54. Stop-loss: $16.54.
Concentration risk — Supplier: single outsourced back-office vendor; Consecutive earnings misses (2); Below 200-MA, MA slope -11.2%/30d (confirmed downtrend).
Everforth, Inc. trades at a P/E of 7.7 (forward 3.9). TrendMatrix value score: 9.5/10. Verdict: Sell.
12 analysts cover EFOR with a consensus score of 2.7/5. Average price target: $29.
What does Everforth, Inc. do?ASGN Incorporated, rebranding to Everforth in the first half of 2026, is a leading provider of IT and...
ASGN Incorporated, rebranding to Everforth in the first half of 2026, is a leading provider of IT and digital-engineering solutions to commercial and government clients through six brands (Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast, and TopBloc), organized into Commercial (70% of 2025 revenue) and Federal Government (30% of 2025 revenue) segments. Contracts directly with U.S. federal government agencies combined represented 26% of 2025 consolidated revenue.