VB's Holdings May Offer 16% Profit Potential
Vanguard Small-Cap ETF Analysis: The Vanguard Small-Cap ETF (VB) has an implied analyst target price of $292.99 per unit, indicating a potential upside of 15.71% from its recent trading price of $253.21.
Notable Holdings with Upside Potential: Key underlying holdings such as HighPeak Energy Inc, ASGN Inc, and Enerpac Tool Group Corp show significant upside potential, with target prices exceeding their current trading prices by 37.88%, 20.89%, and 19.55%, respectively.
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- Strong Revenue Performance: ASGN reported Q4 2025 revenues of $980.1 million, at the top end of its guidance range, with IT consulting revenues comprising 63% of total revenues, reflecting robust demand in high-value technology solutions.
- Record Commercial Consulting: Commercial consulting bookings reached a record $444.4 million, with a book-to-bill ratio of 1.3 for the quarter, indicating strong market demand and significant growth potential, particularly in AI-driven consulting services.
- Acquisition and Integration Strategy: ASGN announced the acquisition of Quinnox for $290 million, expected to close in March, which will enhance the company's digital engineering capabilities and expand market share, positioning ASGN favorably in a competitive landscape.
- Robust Future Outlook: The company projects Q1 2026 revenues between $960 million and $980 million, with net income of $25.8 million to $29.4 million, demonstrating confidence in future growth, especially with ongoing investments in AI and digital engineering.

- Market Expansion: Quantum Secure Encryption Corp. (QSE) will participate in the World Defense Show 2026 in Saudi Arabia this February, establishing connections with government and military leaders to meet the increasing demand for post-quantum security, which is expected to enhance the company's global market influence.
- Technology Certification: QSE has achieved Level 2 Certification under the CyberSecure Canada program and, through a strategic partnership with NUSA Networks, has rapidly accessed Indonesia's government and financial services sectors, further solidifying its technology application in critical infrastructure.
- Funding Support: The company recently completed a C$2.8 million financing round, ensuring operational funding against the backdrop of a projected global post-quantum cryptography market reaching $17.69 billion by 2034, demonstrating its strong market readiness.
- Product Innovation: QSE's qREK Software Development Kit enables the generation of quantum-resilient encryption keys, supporting AES, RSA, and NIST-recommended post-quantum algorithms, enhancing enterprise security under a zero-trust architecture, and is expected to drive further growth in the secure communications market.

- Market Expansion: Quantum Secure Encryption Corp. (QSE) will represent Canada at the 2026 World Defense Show, connecting with government and military leaders to address the growing demand for post-quantum security, which is expected to enhance the company's global influence.
- Strategic Partnership: Through a partnership with NUSA Networks and Porta Nusa, QSE gains rapid access to Indonesia's government and financial services sectors, leveraging NUSA's experience from over 150 major projects to accelerate the deployment of its technology in critical infrastructure, thereby enhancing its competitive edge.
- Product Innovation: The launch of QSE's qREK Software Development Kit enables the generation of quantum-resilient encryption keys compatible with AES, RSA, and NIST-recommended post-quantum algorithms, which is expected to bolster enterprise security communication capabilities under a zero-trust architecture, further solidifying its market position.
- Funding Support: QSE's recent C$2.8 million financing round ensures it is well-funded to execute its global expansion plans, especially as the global post-quantum cryptography market is projected to reach $17.69 billion by 2034, enhancing its operational readiness.
- Acquisition Agreement: ASGN has signed a definitive agreement to acquire Quinnox for $290 million in cash, with the transaction expected to close in March 2026, thereby enhancing ASGN's competitive position in the market.
- Revenue Growth Outlook: Quinnox is projected to generate approximately $100 million in revenue in 2025, with expected low-to-mid-teens revenue growth in 2026, which will significantly boost ASGN's overall revenue.
- Profitability Enhancement: ASGN anticipates adjusted EBITDA margins in the low 20 percent range for 2026, and the acquisition of Quinnox is expected to further enhance overall profitability, positively impacting adjusted EPS.
- Fourth Quarter Performance Forecast: ASGN reaffirmed its revenue guidance for Q4 2025 at $960 million to $980 million, with adjusted EBITDA also expected to be at the high end of the previously announced range of $102 million to $107 million, reflecting strong momentum in AI and consulting.
- Acquisition Deal: ASGN has agreed to acquire digital solutions provider Quinnox for $290 million in cash, with the deal expected to close in March 2026, significantly enhancing ASGN's digital engineering and AI delivery capabilities across its Fortune 1000 client base.
- Financial Performance: Quinnox is projected to generate approximately $100 million in revenue in 2025, with expected low-to-mid teens growth and low-20% EBITDA margins in 2026, thereby providing substantial financial returns for ASGN.
- Earnings Outlook: The acquisition is anticipated to be accretive to adjusted EPS in the first full year post-closing, further solidifying ASGN's profitability and competitive position in the market.
- Sustained Growth: ASGN reaffirmed its Q4 2025 revenue and EBITDA guidance, targeting revenues of $960 million to $980 million, indicating strong momentum in its AI and consulting business expansion.
Infosys Stock Performance: Infosys shares rose 5.3% to close at $19.18, driven by increased trading volume and positive sentiment from Accenture's strong earnings report, indicating a potential revival in IT spending.
Earnings Expectations: Infosys is expected to report quarterly earnings of $0.20 per share, reflecting a 5.3% year-over-year increase, with revenues projected at $5.09 billion, up 3.1% from the previous year.
Earnings Estimate Trends: The consensus EPS estimate for Infosys has remained unchanged over the past month, suggesting that the stock's price may not sustain its upward movement without changes in earnings estimate revisions.
Industry Context: ASGN Inc, another company in the IT services sector, also saw a slight increase in its stock price and has a similar Zacks Rank of #3 (Hold), with unchanged EPS estimates indicating a potential slowdown in growth.







