Validea Joel Greenblatt Strategy Daily Upgrade Report - 4/18/2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
0mins
Should l Buy ASGN?
Source: NASDAQ.COM
Stock Ratings Update: Validea's Earnings Yield Investor model, based on Joel Greenblatt's strategy, upgraded OneSpan Inc. (OSPN) from 80% to 90% and ASGN Inc. (ASGN) from 70% to 80%, indicating strong interest in OSPN and moderate interest in ASGN based on their fundamentals and valuations.
Company Profiles: OneSpan Inc. specializes in secure digital transaction solutions, while ASGN Inc. provides IT services across commercial and government sectors, focusing on digital transformation and innovation.
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Analyst Views on ASGN
Wall Street analysts forecast ASGN stock price to rise
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 39.440
Low
54.00
Averages
60.25
High
65.00
Current: 39.440
Low
54.00
Averages
60.25
High
65.00
About ASGN
ASGN Incorporated is a provider of information technology (IT) services and solutions to the commercial and government sectors. The Company operates through two segments: Commercial and Federal Government. The Commercial segment provides a spectrum of IT services and solutions to Fortune 1000 and large mid-market clients. Growth in this segment is being driven by digital transformation and innovation requirements, including that of AI, workforce mobilization, and modern enterprise needs across five industry verticals: Financial Services, Consumer and Industrial, Technology, Media, and Telecom, Healthcare, and Business and Government Services. The Federal Government segment delivers advanced solutions in cloud and enterprise IT, cybersecurity, AI/ML, application, and digital transformation to agencies in both the public and private sectors. The segment provides services under time-and-materials, cost-reimbursable, and firm-fixed-price contracts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ASGN to Rebrand as Everforth, Announces Q1 2026 Earnings Call
- Company Rebranding: ASGN announced it will change its name to Everforth, Inc. on April 24, 2026, reflecting a commitment to a unified brand identity that is expected to enhance market recognition and customer loyalty.
- Ticker Symbol Change: On the same day, ASGN will cease trading under its current NYSE ticker and begin trading under “EFOR”, which aims to maintain consistency for investors during the brand transition and reduce confusion.
- Earnings Call Schedule: The company will host its first quarter 2026 earnings conference call on April 22, 2026, at 4:30 p.m. ET, where financial results and prepared remarks will be shared, ensuring timely access to critical information for investors.
- Leadership in Tech Solutions: Everforth will continue as a leading provider of IT solutions, focusing on six core areas including AI, cloud infrastructure, and cybersecurity, aiming to help clients achieve sustainable growth through innovation and adaptability.
See More
ASGN INC TO REBRAND AS EVERFORTH STARTING APRIL 24, 2026
- Change of Name Announcement: A significant name change is set to take effect on April 24, 2026.
- Impact on Branding: The new name aims to enhance the effectiveness of the brand and its recognition in the market.
See More
ASGN Inc Shares Enter Oversold Territory
- Oversold Signal: ASGN Inc's relative strength index (RSI) has dropped to 29.7, indicating that the stock has entered oversold territory, suggesting that the recent heavy selling may be nearing exhaustion and providing potential buying opportunities for investors.
- Price Fluctuation: ASGN shares hit a low of $35.69 during trading, with the current trading price at $36.41, reflecting a 52-week range low of $35.69 and a high of $69.63, showcasing market volatility.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 31.8, ASGN's lower RSI of 29.7 indicates relative weakness, potentially attracting investors looking for a rebound.
- Investor Sentiment: Despite the current bearish market sentiment, the oversold signal may prompt some investors to start looking for entry points, which could potentially drive the stock price upward in the future.
See More
ASGN Completes Acquisition of Quinnox, Rebranding to Everforth
- Acquisition Completion: ASGN has successfully closed its acquisition of Quinnox, a strategic move that enhances its position in digital engineering and establishes a solid foundation for offshore delivery capabilities.
- Employee Incentive Program: ASGN is granting 157,369 restricted stock units (RSUs) to 16 Quinnox employees and 75,772 performance stock units (PSUs) tied to 2026 revenue and EBITDA targets to five key employees, incentivizing continued service and performance.
- Brand Transition Plan: ASGN plans to rebrand as Everforth in the first half of 2026, unifying its six brands to enhance customer experience and strengthen cross-brand collaboration, ensuring a seamless experience for clients and partners.
- Expansion of Tech Solutions: Everforth will focus on six core solution areas, including AI, cloud infrastructure, and digital engineering, leveraging proprietary assets and expertise to help organizations adapt and innovate for measurable outcomes.
See More
VERTIV HOLDINGS, LUMENTUM HOLDINGS, COHERENT, AND ECHOSTAR SET TO ENTER S&P 500
New Additions to S&P 500: Vertiv Holdings, Lumentum Holdings, Coherent, and Echosstar are set to join the S&P 500 index.
Market Impact: The inclusion of these companies may influence market dynamics and investor strategies as they become part of a major stock index.
See More
VERTIV HOLDINGS, LUMENTUM HOLDINGS, COHERENT, AND ECHOSTAR TO BE ADDED TO S&P 500; ADDITIONAL COMPANIES TO ENTER S&P 100, S&P MIDCAP 400, AND S&P SMALLCAP 600
New Additions to S&P 500: Vert Holdings, Lumentum Holdings, CohereNT, and EchoStar are set to join the S&P 500 index.
Other Index Changes: Additional companies will be added to the S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices.
See More
ASGN to Rebrand as Everforth, Announces Q1 2026 Earnings Call
- Company Rebranding: ASGN announced it will change its name to Everforth, Inc. on April 24, 2026, reflecting a commitment to a unified brand identity that is expected to enhance market recognition and customer loyalty.
- Ticker Symbol Change: On the same day, ASGN will cease trading under its current NYSE ticker and begin trading under “EFOR”, which aims to maintain consistency for investors during the brand transition and reduce confusion.
- Earnings Call Schedule: The company will host its first quarter 2026 earnings conference call on April 22, 2026, at 4:30 p.m. ET, where financial results and prepared remarks will be shared, ensuring timely access to critical information for investors.
- Leadership in Tech Solutions: Everforth will continue as a leading provider of IT solutions, focusing on six core areas including AI, cloud infrastructure, and cybersecurity, aiming to help clients achieve sustainable growth through innovation and adaptability.
See More
ASGN INC TO REBRAND AS EVERFORTH STARTING APRIL 24, 2026
- Change of Name Announcement: A significant name change is set to take effect on April 24, 2026.
- Impact on Branding: The new name aims to enhance the effectiveness of the brand and its recognition in the market.
See More
ASGN Inc Shares Enter Oversold Territory
- Oversold Signal: ASGN Inc's relative strength index (RSI) has dropped to 29.7, indicating that the stock has entered oversold territory, suggesting that the recent heavy selling may be nearing exhaustion and providing potential buying opportunities for investors.
- Price Fluctuation: ASGN shares hit a low of $35.69 during trading, with the current trading price at $36.41, reflecting a 52-week range low of $35.69 and a high of $69.63, showcasing market volatility.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 31.8, ASGN's lower RSI of 29.7 indicates relative weakness, potentially attracting investors looking for a rebound.
- Investor Sentiment: Despite the current bearish market sentiment, the oversold signal may prompt some investors to start looking for entry points, which could potentially drive the stock price upward in the future.
See More
ASGN Completes Acquisition of Quinnox, Rebranding to Everforth
- Acquisition Completion: ASGN has successfully closed its acquisition of Quinnox, a strategic move that enhances its position in digital engineering and establishes a solid foundation for offshore delivery capabilities.
- Employee Incentive Program: ASGN is granting 157,369 restricted stock units (RSUs) to 16 Quinnox employees and 75,772 performance stock units (PSUs) tied to 2026 revenue and EBITDA targets to five key employees, incentivizing continued service and performance.
- Brand Transition Plan: ASGN plans to rebrand as Everforth in the first half of 2026, unifying its six brands to enhance customer experience and strengthen cross-brand collaboration, ensuring a seamless experience for clients and partners.
- Expansion of Tech Solutions: Everforth will focus on six core solution areas, including AI, cloud infrastructure, and digital engineering, leveraging proprietary assets and expertise to help organizations adapt and innovate for measurable outcomes.
See More
VERTIV HOLDINGS, LUMENTUM HOLDINGS, COHERENT, AND ECHOSTAR SET TO ENTER S&P 500
New Additions to S&P 500: Vertiv Holdings, Lumentum Holdings, Coherent, and Echosstar are set to join the S&P 500 index.
Market Impact: The inclusion of these companies may influence market dynamics and investor strategies as they become part of a major stock index.
See More
VERTIV HOLDINGS, LUMENTUM HOLDINGS, COHERENT, AND ECHOSTAR TO BE ADDED TO S&P 500; ADDITIONAL COMPANIES TO ENTER S&P 100, S&P MIDCAP 400, AND S&P SMALLCAP 600
New Additions to S&P 500: Vert Holdings, Lumentum Holdings, CohereNT, and EchoStar are set to join the S&P 500 index.
Other Index Changes: Additional companies will be added to the S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices.
See More
