Everforth (EFOR)
Market Price (7/25/2026): $20.595 | Market Cap: $850.6 MilSector: Information Technology | Industry: IT Consulting & Other Services
Everforth (EFOR)
Market Price (7/25/2026): $20.595Market Cap: $850.6 MilSector: Information TechnologyIndustry: IT Consulting & Other Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.2%, FCF Yield is 34% | Weak multi-year price returns2Y Excs Rtn is -26%, 3Y Excs Rtn is -54% Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 155% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.8%, Rev Chg QQuarterly Revenue Change % is 0.0% |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.2%, FCF Yield is 34% |
| Weak multi-year price returns2Y Excs Rtn is -26%, 3Y Excs Rtn is -54% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 155% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.8%, Rev Chg QQuarterly Revenue Change % is 0.0% |
Qualitative Assessment
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Everforth (EFOR) stock has gained about 10% since it went public on 4/24/2026 because of the following key factors:
1. Strategic Rebranding and Renewed Focus.
Everforth, formerly ASGN Incorporated, underwent a significant rebranding on April 24, 2026, adopting the new ticker symbol EFOR. This strategic move united seven brands under a singular Everforth identity, emphasizing its core business of information technology services and digital engineering solutions for both commercial and federal clients. The rebrand highlighted the company's focus on high-demand areas such as AI, data, cloud and infrastructure, digital engineering, and cybersecurity, signaling a clearer and more focused strategic direction to the market.
2. Positive Analyst Re-rating and Outlook for Commercial Consulting.
In July 2026, Truist Securities upgraded Everforth's stock to 'Buy' from 'Hold' and increased its price target from $33 to $36. This upgrade was driven by expectations of growth in the company's commercial consulting services during fiscal Q2 2026 and fiscal Q3 2026. Concurrently, Truist raised its fiscal Q2 2026 revenue estimate for Everforth to $989 million from $976 million, and its earnings per share estimate to $0.80 from $0.77, contributing to a more positive market sentiment. This analyst action notably occurred as the stock saw an 11.3% increase from its $20.38 closing price as of July 22, 2026.
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Everforth (EFOR) stock has gained about 10% since it went public on 4/24/2026 because of the following key factors:
1. Strategic Rebranding and Renewed Focus.
Everforth, formerly ASGN Incorporated, underwent a significant rebranding on April 24, 2026, adopting the new ticker symbol EFOR. This strategic move united seven brands under a singular Everforth identity, emphasizing its core business of information technology services and digital engineering solutions for both commercial and federal clients. The rebrand highlighted the company's focus on high-demand areas such as AI, data, cloud and infrastructure, digital engineering, and cybersecurity, signaling a clearer and more focused strategic direction to the market.
2. Positive Analyst Re-rating and Outlook for Commercial Consulting.
In July 2026, Truist Securities upgraded Everforth's stock to 'Buy' from 'Hold' and increased its price target from $33 to $36. This upgrade was driven by expectations of growth in the company's commercial consulting services during fiscal Q2 2026 and fiscal Q3 2026. Concurrently, Truist raised its fiscal Q2 2026 revenue estimate for Everforth to $989 million from $976 million, and its earnings per share estimate to $0.80 from $0.77, contributing to a more positive market sentiment. This analyst action notably occurred as the stock saw an 11.3% increase from its $20.38 closing price as of July 22, 2026.
3. Enhanced Financial Flexibility through Credit Facility Refinancing.
In July 2026, Everforth successfully completed the refinancing and upsizing of its revolving credit facility. The facility was increased from $500 million to $600 million, establishing a new five-year term that matures in 2031. This leverage-neutral transaction improved the company's financial flexibility and liquidity, which was viewed favorably by investors as it strengthens the company's balance sheet without increasing overall debt burden.
4. Ongoing Share Repurchase Authorization.
As of April 24, 2026, Everforth had $925 million remaining on its $1.0 billion share repurchase authorization. This substantial ongoing buyback program signals management's confidence in the company's valuation and its commitment to returning capital to shareholders, providing a supportive factor for the stock price during the period.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
3/31/2026 to 7/24/2026| Return | Correlation | |
|---|---|---|
| EFOR | ||
| Market (SPY) | 13.6% | -11.1% |
| Sector (XLK) | 32.3% | -19.9% |
Fundamental Drivers
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Market Drivers
12/31/2025 to 7/24/2026| Return | Correlation | |
|---|---|---|
| EFOR | ||
| Market (SPY) | 8.7% | -11.1% |
| Sector (XLK) | 22.3% | -19.9% |
Fundamental Drivers
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Market Drivers
6/30/2025 to 7/24/2026| Return | Correlation | |
|---|---|---|
| EFOR | ||
| Market (SPY) | 20.6% | -11.1% |
| Sector (XLK) | 39.5% | -19.9% |
Fundamental Drivers
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Market Drivers
6/30/2023 to 7/24/2026| Return | Correlation | |
|---|---|---|
| EFOR | ||
| Market (SPY) | 72.6% | -11.1% |
| Sector (XLK) | 106.1% | -19.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EFOR Return | - | - | - | - | - | 4% | 4% |
| Peers Return | 37% | -29% | 21% | 2% | -14% | -49% | -47% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| EFOR Win Rate | - | - | - | - | - | 75% | |
| Peers Win Rate | 63% | 42% | 53% | 52% | 50% | 29% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| EFOR Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -20% | -45% | -26% | -32% | -42% | -57% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ACN, CTSH, EPAM, GLOB, LDOS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/24/2026 (YTD)
How Low Can It Go
EFOR has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -17.0% | -7.8% |
| % Gain to Breakeven | 20.4% | 8.5% |
| Time to Breakeven | 92 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.0% | -9.5% |
| % Gain to Breakeven | 11.2% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
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EFOR has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.5% | -53.4% |
| % Gain to Breakeven | 106.2% | 114.4% |
| Time to Breakeven | 797 days | 1085 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Everforth (EFOR)
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Ted Hanson, Chief Executive Officer
Ted Hanson has served as the Chief Executive Officer of Everforth, Inc. (formerly ASGN Incorporated) since May 2019, holding a tenure of nearly seven years. He recently acquired $1.0 million in Everforth shares on April 24, 2026, at an average price of $19.24, a notable transaction under the new EFOR ticker.
Marie Perry, Executive Vice President & Chief Financial Officer
Marie Perry serves as the Executive Vice President and Chief Financial Officer for Everforth. She recently purchased 5,350 shares of Everforth common stock at $18.695 per share, bringing her direct holdings to 58,328 shares.
Sadasivam Iyer, President
Sadasivam Iyer is the President of Everforth. He recently bought 1,725 shares of the company, valued at $33,277.
Randolph Blazer, Executive Vice Chairman
Randolph Blazer holds the position of Executive Vice Chairman at Everforth.
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Everforth (formerly ASGN Incorporated) operates in various substantial addressable markets for its information technology services and professional solutions. The market sizes for its main products and services are as follows:
- IT Consulting Services: The U.S. IT consulting market was valued at $790.4 billion in 2025 and is projected to reach $821.2 billion in 2026. Globally, the IT consulting market is expected to reach $209.99 billion by 2030.
- Digital Transformation Solutions: The global digital transformation market was estimated at USD 1,302.95 billion in 2025 and is projected to reach USD 5,493.15 billion by 2033, with North America holding a 42.7% share in 2025. The U.S. digital transformation market was approximately USD 345 billion in 2024 and is projected to reach USD 1,285 billion by 2030.
- Cloud Solutions: The global cloud services market size was valued at USD 618.04 billion in 2024 and is expected to exceed USD 2,726.94 billion by 2034. North America is projected to have the largest share of the global cloud services market, with approximately 38.9% in 2024. The U.S. cloud computing market was valued at USD 296.91 billion in 2024 and is expected to reach USD 3,501.32 billion by 2032.
- Data & Analytics Solutions: The global data analytics market was valued at USD 82.23 billion in 2025 and is projected to reach USD 495.87 billion by 2034. The U.S. data analytics market was valued at USD 29.7 billion in 2025 and is estimated to reach USD 232.9 billion by 2034.
- Cybersecurity Solutions: The global cybersecurity market was valued at $208.1 billion in 2023 and is projected to reach $396.8 billion by 2029. North America held a 37.9% revenue share of the global cybersecurity market in 2025, with the North American market contributing approximately USD 94.21 billion to the global market.
- Artificial Intelligence (AI) and Machine Learning (ML) Solutions: The Global AI in Machine Learning Market is expected to be worth around USD 185.4 billion by 2033, from USD 9.5 billion in 2023. The global machine learning market was valued at USD 55.80 billion in 2024 and is anticipated to reach USD 282.13 billion by 2030, with North America dominating with a 29.0% share in 2024.
- IT Staffing Services: The U.S. IT staffing market was valued at USD 37.89 billion in 2023 and is projected to reach USD 52.21 billion by 2029. The global IT staffing market is valued at USD 117.4 billion.
- U.S. Federal Government IT Spending: Civilian IT outlays are projected to allocate USD 74 billion for modernization in 2025, with USD 12.7 billion specifically for cybersecurity.
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Everforth (symbol: EFOR), formerly known as ASGN Incorporated, is expected to drive future revenue growth over the next 2-3 years through several strategic initiatives and market trends:
- Expansion of AI and Data Solutions: The company is strategically focused on expanding its offerings in artificial intelligence and data solutions, which are identified as key growth drivers for both its commercial and federal government segments. This focus is anticipated to meet evolving client demands for digital transformation and advanced analytics.
- Growth within Key Commercial Sectors: Everforth's Commercial Segment, which is its primary revenue generator, is seeing growth in specific sectors such as Healthcare, Consumer and Industrial, and Technology, Media, and Telecommunications (TMT). The company aims to leverage its broad range of solutions to increase cross-selling to its Fortune 1000 and mid-market clients.
- Leveraging Federal Government Contracts and Backlog: The Federal Government Segment continues to be a stable and dependable revenue source, providing mission-critical solutions to defense, intelligence, and civilian agencies. This segment benefits from new contract awards and maintains a substantial backlog, providing a predictable revenue stream.
- Strategic Acquisitions and Offshore Capabilities Expansion: Acquisitions play a crucial role in Everforth's growth strategy. The recent acquisition of Quinnox is expected to enhance the company's offshore capabilities, while the acquisition of Topbloc aimed to strengthen its Workday consulting expertise. These strategic integrations are designed to expand service offerings and market reach.
- Rebranding to Everforth and Enhanced Cross-Selling: The rebranding from ASGN Incorporated to Everforth, Inc. is a strategic move designed to unify the company's various brands, unlock its enterprise scale, and facilitate increased cross-selling of its comprehensive solutions across its client base. This rebranding is intended to support sustained revenue growth and margin expansion by presenting a more cohesive and broader offering to clients.
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Share Repurchases
- In Q1 2026, Everforth repurchased 0.8 million shares for $39.0 million, with approximately $934 million remaining under its current share buyback plan.
- For the full year 2025, the company repurchased 3.1 million shares for $170.1 million.
- In November 2025, Everforth's Board of Directors authorized a new $1 billion share repurchase program.
Share Issuance
- As part of the Quinnox acquisition in March 2026, Everforth granted restricted stock unit awards to 21 employees, totaling 157,369 shares for 16 employees and 75,772 performance-based restricted stock units for 5 employees.
Outbound Investments
- In January 2026, Everforth acquired Quinnox Inc., a digital solutions provider, for $290 million in cash, completed in March 2026. This acquisition aims to enhance digital engineering and offshore delivery capabilities.
- In February 2025, the company acquired TopBloc for $340 million to strengthen its tech-enabled Workday consultancy services.
- Other acquisitions include GlideFast Consulting for $350 million in June 2022, and Iron Vine Security in October 2022 (undisclosed amount).
Capital Expenditures
- Capital expenditures were $9.4 million in Q1 2026.
- For the full year 2025, capital expenditures amounted to $25 million.
- Capital expenditures for the full year 2024 were $27 million.
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 67.65 |
| Mkt Cap | 9.5 |
| Rev LTM | 11,442 |
| Op Inc LTM | 1,324 |
| FCF LTM | 1,201 |
| FCF 3Y Avg | 973 |
| CFO LTM | 1,294 |
| CFO 3Y Avg | 1,071 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.4% |
| Rev Chg 3Y Avg | 4.8% |
| Rev Chg Q | 4.6% |
| QoQ Delta Rev Chg LTM | 1.1% |
| Op Inc Chg LTM | 4.5% |
| Op Inc Chg 3Y Avg | 4.0% |
| Op Mgn LTM | 10.9% |
| Op Mgn 3Y Avg | 10.8% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 12.2% |
| CFO/Rev 3Y Avg | 11.1% |
| FCF/Rev LTM | 10.5% |
| FCF/Rev 3Y Avg | 9.2% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Commercial | 2,790 | 2,869 | 3,174 | 3,436 | 2,927 |
| Federal Government | 1,190 | 1,231 | 1,276 | 1,145 | 1,082 |
| Total | 3,980 | 4,100 | 4,451 | 4,581 | 4,010 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Commercial | 248 | 286 | 344 | 411 | 356 |
| Federal Government | 93 | 95 | 99 | 89 | 76 |
| Corporate Selling, general and administrative (SG&A) expenses | -111 | -77 | -79 | -81 | |
| Total | 230 | 304 | 364 | 500 | 351 |
| $ Mil | 2019 | 2018 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|
| Commercial | 1,504 | 1,369 | |||
| Federal Government | 935 | 866 | |||
| Oxford | 434 | 421 | 365 | 231 | |
| Corporate Selling, general and administrative (SG&A) expenses | 68 | 32 | |||
| Apex | 657 | 643 | |||
| Life Sciences | 129 | 108 | |||
| Physician | 111 | 85 | 84 | ||
| Life Sciences and Healthcare | 140 | ||||
| IT and Engineering | 219 | ||||
| Total | 2,941 | 2,688 | 1,261 | 1,098 | 411 |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.39 | -0.25 | 0.67 | -1.79 | -0.83 | -0.16 |
| Up Beta | -0.33 | -1.56 | 1.57 | -4.10 | 1.84 | -0.12 |
| Down Beta | 0.96 | 1.20 | 0.80 | -1.76 | 0.44 | 1.96 |
| Up Capture | -206% | -79% | -34% | -21% | -9% | -1% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 8 | 19 | 22 | 22 | 22 | 22 |
| Down Capture | 45% | 14% | -56% | -24% | -16% | -8% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 13 | 22 | 23 | 23 | 23 | 23 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EFOR | |
|---|---|---|---|---|
| EFOR | 8.6% | 77.6% | 0.75 | - |
| Sector ETF (XLK) | 35.9% | 24.8% | 1.19 | -19.9% |
| Equity (SPY) | 17.6% | 12.7% | 1.00 | -11.1% |
| Gold (GLD) | 19.2% | 28.1% | 0.61 | -1.8% |
| Commodities (DBC) | 34.7% | 19.1% | 1.42 | -11.8% |
| Real Estate (VNQ) | 13.8% | 14.1% | 0.69 | 19.3% |
| Bitcoin (BTCUSD) | -45.4% | 42.9% | -1.29 | -6.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EFOR | |
|---|---|---|---|---|
| EFOR | 1.7% | 77.6% | 0.75 | - |
| Sector ETF (XLK) | 19.4% | 25.6% | 0.68 | -19.9% |
| Equity (SPY) | 12.8% | 17.1% | 0.58 | -11.1% |
| Gold (GLD) | 17.0% | 18.4% | 0.75 | -1.8% |
| Commodities (DBC) | 9.6% | 19.5% | 0.38 | -11.8% |
| Real Estate (VNQ) | 3.0% | 18.9% | 0.06 | 19.3% |
| Bitcoin (BTCUSD) | 15.7% | 53.4% | 0.47 | -6.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EFOR | |
|---|---|---|---|---|
| EFOR | 0.8% | 77.6% | 0.75 | - |
| Sector ETF (XLK) | 24.1% | 24.8% | 0.88 | -19.9% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | -11.1% |
| Gold (GLD) | 11.3% | 16.1% | 0.57 | -1.8% |
| Commodities (DBC) | 7.2% | 17.9% | 0.32 | -11.8% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.21 | 19.3% |
| Bitcoin (BTCUSD) | 58.3% | 66.2% | 0.98 | -6.7% |
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Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/24/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/27/2023 | 10-K |
| 09/30/2022 | 11/07/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/24/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/27/2023 | 10-K |
| 09/30/2022 | 11/07/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 03/01/2022 | 10-K |
| 09/30/2021 | 11/09/2021 | 10-Q |
| 06/30/2021 | 08/09/2021 | 10-Q |
| 03/31/2021 | 05/07/2021 | 10-Q |
| 12/31/2020 | 03/01/2021 | 10-K |
| 09/30/2020 | 11/09/2020 | 10-Q |
| 06/30/2020 | 08/10/2020 | 10-Q |
| 03/31/2020 | 05/11/2020 | 10-Q |
| 12/31/2019 | 03/02/2020 | 10-K |
| 09/30/2019 | 11/08/2019 | 10-Q |
| 06/30/2019 | 08/08/2019 | 10-Q |
Recent Forward Guidance
Updated 7/12/2026Latest: Q1 2026 Earnings Reported 4/22/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 970.00 Mil | 985.00 Mil | 1.00 Bil | 1.5% | Higher New | Actual: 970.00 Mil for Q1 2026 | |
| Q2 2026 Net Income | 8.00 Mil | 10.85 Mil | 13.70 Mil | -60.7% | Lower New | Actual: 27.60 Mil for Q1 2026 | |
| Q2 2026 Earnings per diluted share | 0.19 | 0.26 | 0.33 | -60.9% | Lower New | Actual: 0.67 for Q1 2026 | |
| Q2 2026 Gross margin | 28.3% | 28.5% | 28.7% | ||||
| Q2 2026 Adjusted EBITDA | 85.00 Mil | 90.00 Mil | 95.00 Mil | -6.2% | Lower New | Actual: 96.00 Mil for Q1 2026 | |
Prior: Q4 2025 Earnings Reported 2/4/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 960.00 Mil | 970.00 Mil | 980.00 Mil | 0 | Same New | Actual: 970.00 Mil for Q4 2025 | |
| Q1 2026 Net income | 25.80 Mil | 27.60 Mil | 29.40 Mil | -18.6% | Lower New | Actual: 33.90 Mil for Q4 2025 | |
| Q1 2026 Earnings per diluted share | 0.62 | 0.67 | 0.71 | -15.8% | Lower New | Actual: 0.79 for Q4 2025 | |
| Q1 2026 Adjusted EBITDA | 93.50 Mil | 96.00 Mil | 98.50 Mil | -8.1% | Lower New | Actual: 104.50 Mil for Q4 2025 | |
| Q1 2026 Adjusted Net Income | 38.80 Mil | 40.60 Mil | 42.40 Mil | -18.8% | Lower New | Actual: 50.00 Mil for Q4 2025 | |
| Q1 2026 Adjusted Net Income per diluted share | 0.93 | 0.97 | 1.02 | -15.9% | Lower New | Actual: 1.16 for Q4 2025 | |
Q3 2025 Earnings Reported 10/22/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Revenue | 960.00 Mil | 970.00 Mil | 980.00 Mil | -3.2% | Lower New | Guidance: 1.00 Bil for Q3 2025 | |
| Q4 2025 SG&A expenses | 198.80 Mil | 201.60 Mil | 204.40 Mil | -3.3% | Lower New | Guidance: 208.50 Mil for Q3 2025 | |
| Q4 2025 Amortization of intangible assets | 16.80 Mil | 1.2% | Higher New | Guidance: 16.60 Mil for Q3 2025 | |||
| Q4 2025 Net income | 32.10 Mil | 33.90 Mil | 35.70 Mil | -9.8% | Lower New | Guidance: 37.60 Mil for Q3 2025 | |
| Q4 2025 Earnings per diluted share | 0.75 | 0.79 | 0.83 | -8.1% | Lower New | Guidance: 0.86 for Q3 2025 | |
| Q4 2025 Gross margin | 28.8% | 29.05% | 29.3% | -0.4% | Lower New | Guidance: 29.45% for Q3 2025 | |
| Q4 2025 Effective tax rate | 28.0% | 0.0% | Same New | Guidance: 28.0% for Q3 2025 | |||
| Q4 2025 Adjusted EBITDA | 102.00 Mil | 104.50 Mil | 107.00 Mil | -5.9% | Lower New | Guidance: 111.00 Mil for Q3 2025 | |
| Q4 2025 Adjusted Net Income | 48.20 Mil | 50.00 Mil | 51.80 Mil | -6.6% | Lower New | Guidance: 53.55 Mil for Q3 2025 | |
| Q4 2025 Adjusted Net Income per diluted share | 1.12 | 1.16 | 1.2 | -4.9% | Lower New | Guidance: 1.22 for Q3 2025 | |
| Q4 2025 Adjusted EBITDA margin | 10.6% | 10.75% | 10.9% | -0.3% | Lower New | Guidance: 11.05% for Q3 2025 | |
Insider Activity
Updated 6/15/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Dyer, Joseph Wendell | Direct | Buy | 4292026 | 22.47 | 1,112 | 24,992 | 448,434 | Form | |
| 2 | Cunningham, Rose | Chief Accounting Officer | Direct | Buy | 4282026 | 22.27 | 1,125 | 25,054 | 347,122 | Form |
| 3 | Iyer, Sadasivam | President | Direct | Buy | 4282026 | 22.67 | 1,110 | 25,164 | 1,403,386 | Form |
| 4 | Obermaier, Patricia L | Direct | Buy | 4272026 | 20.61 | 2,500 | 51,512 | 196,737 | Form | |
| 5 | Lindstrom, Carol | Direct | Buy | 4272026 | 20.15 | 247 | 4,977 | 232,883 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Dyer, Joseph Wendell | Direct | Buy | 4292026 | 22.47 | 1,112 | 24,992 | 448,434 | Form | |
| 2 | Cunningham, Rose | Chief Accounting Officer | Direct | Buy | 4282026 | 22.27 | 1,125 | 25,054 | 347,122 | Form |
| 3 | Iyer, Sadasivam | President | Direct | Buy | 4282026 | 22.67 | 1,110 | 25,164 | 1,403,386 | Form |
| 4 | Obermaier, Patricia L | Direct | Buy | 4272026 | 20.61 | 2,500 | 51,512 | 196,737 | Form | |
| 5 | Lindstrom, Carol | Direct | Buy | 4272026 | 20.15 | 247 | 4,977 | 232,883 | Form | |
| 6 | Callaghan, Brian J | by Trust | Buy | 4272026 | 20.27 | 5,121 | 103,800 | 6,667,652 | Form | |
| 7 | Perry, Marie | EVP, Chief Financial Officer | Direct | Buy | 4272026 | 18.70 | 5,350 | 100,018 | 1,090,442 | Form |
| 8 | Hanson, Theodore S | Chief Executive Officer | by Trust | Buy | 4272026 | 19.24 | 51,965 | 999,786 | 7,250,309 | Form |
| 9 | Frantz, Mark A | Direct | Buy | 4272026 | 18.92 | 3,800 | 71,896 | 416,259 | Form | |
| 10 | Holman, Jonathan S | Direct | Buy | 4272026 | 18.87 | 2,000 | 37,739 | 299,896 | Form | |
| 11 | Painter, Jennifer Hankes | SVP, Chief Legal Officer | Direct | Buy | 4272026 | 20.03 | 2,500 | 50,078 | 1,523,578 | Form |
| 12 | Iyer, Sadasivam | President | Direct | Buy | 4272026 | 19.30 | 1,725 | 33,289 | 1,173,212 | Form |
| 13 | Dyer, Joseph Wendell | Direct | Buy | 4272026 | 18.63 | 2,684 | 50,003 | 351,008 | Form | |
| 14 | Hawthorne, Maria R | Direct | Buy | 4272026 | 19.49 | 5,136 | 100,112 | 299,946 | Form | |
| 15 | Matin, Arshad | Direct | Buy | 4272026 | 19.35 | 10,000 | 193,462 | 523,682 | Form |
Investor Activity (13F)
Updated Jul 25, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| IT Consulting & Other Services Resources |
| IDC |
| Forrester |
| Consultancy.org |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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