A share price of Everi Holdings Inc [EVRI] is currently trading at $11.28, up 0.18%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EVRI shares have gain 3.58% over the last week, with a monthly amount glided 3.39%, and seem to be holding up well over a long-time horizon.
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On 13, February 2024, EVERI TO REPORT 2023 FOURTH QUARTER AND FULL YEAR RESULTS ON FEBRUARY 29 AND HOST CONFERENCE CALL AND WEBCAST. In a post published today on Yahoo Finance, Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2023 fourth quarter and full year results before the market opens on Thursday, February 29, 2024, and host a conference call and simultaneous webcast at 11:00 a.m. ET / 8:00 a.m. PT that day.
From an analyst’s perspective:
Previously, B. Riley Securities started tracking the stock with Buy rating on April 28, 2021, and set its price target to $25. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $12 on September 09, 2020. ROTH Capital initiated its recommendation with a Buy and recommended $17 as its price target on July 10, 2020. Macquarie started tracking with a Outperform rating for this stock on September 26, 2019, and assigned it a price target of $12. In a note dated February 11, 2019, SunTrust initiated an Buy rating and provided a target price of $9 on this stock.
Everi Holdings Inc experienced fluctuations in its stock price throughout the past year between $9.90 and $19.85. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Everi Holdings Inc [NYSE: EVRI] shares were valued at $11.28 at the most recent close of the market. An investor can expect a potential return of 148.23% based on the average EVRI price forecast.
Analyzing the EVRI fundamentals
Trailing Twelve Months sales for Everi Holdings Inc [NYSE:EVRI] were 830.37M which represents 1.04% growth. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.46 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.18 points at the first support level, and at 11.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.39, and for the 2nd resistance point, it is at 11.50.
Everi Holdings Inc [EVRI] reported earnings per share of $0.29 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.24/share, meaning a difference of $0.05 and a surprise factor of 20.80%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.29 per share as compared to estimates of $0.25 per share, a difference of $0.04 representing a surprise of 16.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Everi Holdings Inc [NYSE:EVRI] is 1.10. As well, the Quick Ratio is 0.99, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 1.16, the price to book ratio is 3.98 and price to earnings (TTM) ratio is 9.68.
Transactions by insiders
Recent insider trading involved TAYLOR RANDY L, President & CEO, that happened on Aug 29 when 5000.0 shares were purchased. Executive Chairman, Rumbolz Michael D completed a deal on Aug 29 to buy 5000.0 shares. Meanwhile, Director Watson Secil Tabli bought 1000.0 shares on Aug 18.
