Everforth
EFORNYSEUSD
- Source valuation snapshot. Not a live recalculation.
- Latest filed annual earnings; price snapshot date unavailable. Not forward P/E.
- Diluted earnings per share from the latest filed annual.
- $35.96 Prior regular-session close from the quote source.
- $35.37–$36.37 Regular-session low and high so far today.
- 405.1K Regular-session shares traded · Nov 11, 4:00 PM ET.
- Feb 3 projected Projected for 2027-02-03 from the company’s own results filings (SEC 8-K Item 2.02). The company has not confirmed the date.
- $16.90–$54.94 52-week trading low and high returned by the quote source.
Understand the Business
Why the Stock Moved
Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.
The core investment thesis
Own EFOR if recent pressure is cyclical and its commercial/government client relationships can preserve bill rates while demand stabilizes.
EFOR price history
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Investment thesis
What must happen next
Commercial and government customers continue using Everforth as a flexible IT-solutions and talent channel rather than replacing it with internal hiring, offshore integrators, or automated delivery.HoldingMateriality: High
Company profile describes Everforth, formerly ASGN, as a leading provider of IT solutions to the commercial and government sectors. If this holds, revenue can stabilize and the equity can be valued as a cyclical recovery; if it breaks, the company is a structurally declining staffing/services asset.
Watch: Large commercial clients shift more IT project work to offshore/global integrators such as Accenture, Cognizant, or Infosys.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Company profile describes Everforth, formerly ASGN, as a leading provider of IT solutions to the commercial and government sectors.
Open source ↗Everforth’s mix of specialized IT solutions and talent remains differentiated enough to protect bill-rate spreads.StrengtheningMateriality: High
GAAP gross margin was broadly stable at about 28.9% in FY2024 and FY2025, based on gross_profit of $1.1837 billion on revenue of $4.0997 billion and gross_profit of $1.1491 billion on revenue of $3.9804 billion. If the spread holds, Everforth can keep earning acceptable gross profit even in a slower demand environment; if work becomes commoditized, revenue stabilization would not translate into value.
Watch: IT staffing competitors such as Robert Half, Kforce, Randstad, or ManpowerGroup win business primarily on lower markups.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP gross margin was broadly stable at about 28.9% in FY2024 and FY2025, based on gross_profit of $1.1837 billion on.
Open source ↗Management must flex delivery and overhead costs quickly enough that a demand stabilization shows up in operating leverage.WeakeningMateriality: Medium
Everforth remained GAAP profitable at the operating level in FY2025, with annual operating_income of $230.3 million. If costs reset, even modest revenue stabilization can drive a large earnings recovery; if not, the business remains profitable but structurally lower-return.
Watch: Fixed SG&A, delivery infrastructure, or underutilized bench costs remain elevated even as client demand softens.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Everforth remained GAAP profitable at the operating level in FY2025, with annual operating_income of $230.3 million.
Open source ↗Everforth’s working-capital model continues converting earnings into cash, giving the company time to bridge an IT spending downturn without relying on external capital.StrengtheningMateriality: Medium
GAAP annual operating_cash_flow was positive in each year from FY2022 through FY2025. If cash conversion holds, owners can wait for demand recovery; if cash conversion breaks, the balance sheet and valuation become much more sensitive to a prolonged downturn.
Watch: Commercial customers stretch payment terms or delay project sign-offs, causing receivables to absorb cash.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP annual operating_cash_flow was positive in each year from FY2022 through FY2025.
Open source ↗The balance sheet remains strong enough to absorb the downturn without value-destructive financing or a forced strategic retrenchment.HoldingMateriality: Medium
FY2025 assets of $3.6773 billion exceeded FY2025 liabilities of $1.8733 billion. If the balance sheet holds, the company can invest through the cycle; if it weakens, equity holders bear refinancing, covenant, or dilution risk before the operating thesis has time to recover.
Watch: A prolonged downturn forces incremental borrowing while operating income and cash flow remain under pressure.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
FY2025 assets of $3.6773 billion exceeded FY2025 liabilities of $1.8733 billion.
Open source ↗
Full investment case & evidence
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Original research
Commercial and government customers continue using Everforth as a flexible IT-solutions and talent channel rather than replacing it with internal hiring, offshore integrators, or automated delivery. If this holds, revenue can stabilize and the equity can be valued as a cyclical recovery; if it breaks, the company is a structurally declining staffing/services asset.
Everforth’s mix of specialized IT solutions and talent remains differentiated enough to protect bill-rate spreads. If the spread holds, Everforth can keep earning acceptable gross profit even in a slower demand environment; if work becomes commoditized, revenue stabilization would not translate into value.
Management must flex delivery and overhead costs quickly enough that a demand stabilization shows up in operating leverage. If costs reset, even modest revenue stabilization can drive a large earnings recovery; if not, the business remains profitable but structurally lower-return.
Everforth’s working-capital model continues converting earnings into cash, giving the company time to bridge an IT spending downturn without relying on external capital. If cash conversion holds, owners can wait for demand recovery; if cash conversion breaks, the balance sheet and valuation become much more sensitive to a prolonged downturn.
The balance sheet remains strong enough to absorb the downturn without value-destructive financing or a forced strategic retrenchment. If the balance sheet holds, the company can invest through the cycle; if it weakens, equity holders bear refinancing, covenant, or dilution risk before the operating thesis has time to recover.
All standing thesis claims
Original report summary
recent pressure is cyclical and its commercial/government client relationships can preserve bill rates while demand stabilizes.
Bull case and bear case
Bull case and bear case for Everforth
Where the evidence on Everforth disagrees: Mixed on the latest evidence (Oct 15, 2026). Of its 5 thesis points, 2 strengthening, 2 holding and 1 weakening.
Bull case: what the evidence supports
Commercial and government customers continue using Everforth as a flexible IT-solutions and talent channel rather than replacing it with internal hiring, offshore integrators, or automated delivery.
Everforth’s mix of specialized IT solutions and talent remains differentiated enough to protect bill-rate spreads.
Everforth’s working-capital model continues converting earnings into cash, giving the company time to bridge an IT spending downturn without relying on external capital.
The balance sheet remains strong enough to absorb the downturn without value-destructive financing or a forced strategic retrenchment.
Bear case: what the evidence questions
Management must flex delivery and overhead costs quickly enough that a demand stabilization shows up in operating leverage.
Thesis-Break Engine
What has broken in Everforth’s thesis
Each break OptimistFi flagged on Everforth, dated — with what has historically followed the same kind of break across the market, not a forecast for Everforth.
- Price target fell below the stockcondition set before this filing
Across all companies, this kind of break has happened 1,809 times before. Those stocks trailed comparable companies by a median of 1% over the next six months, and 33% of them trailed it by 10 points or more.
Early warning
The break condition read on the trailing twelve months through Everforth’s latest quarterly report, ahead of the annual figure it is written on.
- Operating-margin compression, trailing 12 months
Across all companies, this kind of early warning has happened 2,641 times before. Those stocks trailed comparable companies by a median of 1% over the next six months, and 36% of them trailed it by 10 points or more.
Several kinds of break have stacked on Everforth at once. A cluster is a stronger read than any one signal alone.
MARKET + FINANCIAL SNAPSHOT
The numbers behind the thesis
What Changed
- MixedReported results of operations (earnings release).
Everforth filed an SEC 8-K on 2026-07-29: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
- MixedEntered a material definitive agreement.
Everforth filed an SEC 8-K on 2026-07-09: Entered a material definitive agreement. It is a dated development that tests the current thesis.
- MixedReported results of operations (earnings release).
Everforth filed an SEC 8-K on 2026-04-22: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
Risks / falsifiers
What could break the thesis
- Large commercial clients shift more IT project work to offshore/global integrators such as Accenture, Cognizant, or Infosys.
- IT staffing competitors such as Robert Half, Kforce, Randstad, or ManpowerGroup win business primarily on lower markups.
- Fixed SG&A, delivery infrastructure, or underutilized bench costs remain elevated even as client demand softens.
- Commercial customers stretch payment terms or delay project sign-offs, causing receivables to absorb cash.
- A prolonged downturn forces incremental borrowing while operating income and cash flow remain under pressure.
EFOR news
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Financial statements
EFOR income statement
Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.
EFOR: quick answers
- When does Everforth (EFOR) report earnings next?
- Everforth's next results are projected for February 3, 2027, from the dates of its own results filings with the SEC. The company has not confirmed the date. It last reported on October 28, 2026. Earnings calendar
- What is EFOR's short interest?
- As of October 30, 2026, 3.4M EFOR shares were sold short, 8.22% of its shares outstanding, down 0.2% from the count before. At the stock's average daily volume that is 4.1 days to cover. FINRA publishes the count twice a month. EFOR short interest history