Stock daily read

What happened with EFOR today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
What to watch next
The next thing that could change the call, and what to look for

No read yet

Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

EFOR in three months: buy, wait or sell?

Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.

In the report
  • Buy / Wait / Sell rating
  • 3-month target price
  • Bear · Base · Bull
  • vs. the market

Company

Company overview

Most of Everforth, Inc.’s revenue comes from large corporate clients that need help with technology projects or additional skilled staff. It assembles teams for IT consulting and places IT and creative digital-marketing professionals on temporary assignments and project engagements, drawing on the same talent pool for both. Commercial clients pay mainly for time worked and associated costs. Consulting across its commercial and government businesses supplies most of its total revenue, and virtually all revenue comes from the United States.

Its smaller Federal Government business helps U.S. agencies modernize IT systems, use data and AI, and improve cybersecurity. Agencies pay under contracts based on time and costs, reimbursement of costs, or a fixed project price. The U.S. federal government accounts for a substantial share of total revenue across several agencies; no other individual client has comparable concentration.

The business depends on winning client work and recruiting qualified professionals to deliver it. Federal work also depends on government funding and contract awards. Some contracts require cleared staff and facilities, and failure to meet federal contracting rules can bar Everforth from that work. The government can terminate contracts, and unfunded awards or unexercised options may never become revenue.

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Source: SEC filing

Red flags

Know what’s buried in EFOR’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

EFOR says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
  • Strong
  • Moderate
  • Limited
  • Unproven

Related companies

  • Competition
  • Shared drivers
  • Supplier
  • Customer
  • Kforce competes with Everforth for large companies that pay for technology professionals and completed IT projects. Watch Kforce’s technology revenue for a read on this market: technology accounts for 93% of its revenue, spanning temporary assignments and projects with defined outcomes.

  • Robert Half competes with Everforth for companies paying for technology and creative talent, while its Protiviti business competes for enterprise consulting work. Its contract talent and Protiviti results offer separate views of the staffing and consulting markets that Everforth serves.

  • ManpowerGroup’s Experis business competes with Everforth for enterprise customers paying for IT professionals on assignments and technology consulting services.

  • DLH Holdings competes with Everforth for U.S. government contracts to modernize IT systems and provide cybersecurity, analytics and engineering services. Watch its Department of Defense business for a view of a customer group Everforth also serves, rather than treating DLH’s health-agency-heavy revenue as a match for Everforth’s federal business.

  • Kelly Services’ Science, Engineering & Technology business competes with Everforth for North American clients paying for technology staff and services that deliver agreed results. Watch that business’s technology staffing and project work, rather than Kelly’s education or office-staffing operations, for the overlap with Everforth.

Agenda

in 3 daysThu, Oct 22

  1. Time to be announced

    Robert Half Inc. earningsRHI

    Robert Half’s contract-talent and Protiviti results offer separate reads on the staffing and consulting markets that Everforth’s Commercial business serves.

  2. 8:30 AMET pre-market

    Initial Jobless Claims (Oct/17)

    Weekly jobless claims count new applications for unemployment benefits; for Everforth, signs of weakening U.S. conditions can mean clients use fewer billable professionals or press harder on pricing for its IT services.

in 7 daysMon, Oct 26

  1. Time to be announced

    Kforce Inc. earningsKFRC

    Kforce’s technology results will show how demand is moving for the talent and project services that compete with Everforth’s Commercial IT business.

in 9 daysWed, Oct 28

  1. Time to be announced
    Major

    Everforth, Inc. earningsThis company

    Everforth’s report will show whether Commercial consulting is replacing falling assignment revenue while sustaining the segment’s profitability.

  2. 2:00 PMET

    Fed Interest Rate Decision

    Everforth’s variable-rate loans and revolving credit make its interest costs move with rates, while the rate environment can also affect clients’ demand for its IT consulting and staffing services.

in 15 daysTue, Nov 3

  1. 10:00 AMET

    JOLTs Job Openings (Sep)

    Job openings track employers’ unfilled positions; for Everforth, competition to hire IT, creative and engineering professionals affects whether it can staff client work and what it pays those professionals.

in 18 daysFri, Nov 6

  1. 8:30 AMET pre-market

    Non Farm Payrolls (Oct)

    The payrolls report counts jobs added or lost outside farming; for Everforth, U.S. hiring conditions can shape clients’ demand for its billable IT consultants and temporary professionals.

in 51 daysWed, Dec 9

  1. Time to be announced

    DLH Holdings Corp. earningsDLHC

    DLH Holdings’ Defense business offers a market read on U.S. defense IT and engineering contracts that Everforth also competes for.