A share price of Everi Holdings Inc [EVRI] is currently trading at $9.34, up 1.52%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EVRI shares have gain 3.32% over the last week, with a monthly amount drifted -14.55%, and not seem to be holding up well over a long-time horizon.
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On 29, February 2024, EVERI REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS. In a post published today on Yahoo Finance, Announced Strategic Merger with IGT’s Global Gaming and PlayDigital.
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 $8.74 and $17.85. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Everi Holdings Inc [NYSE: EVRI] shares were valued at $9.34 at the most recent close of the market. An investor can expect a potential return of 199.79% based on the average EVRI price forecast.
Analyzing the EVRI fundamentals
Trailing Twelve Months sales for Everi Holdings Inc [NYSE:EVRI] were 817.16M which represents -6.36% decline. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.35 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.34.
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 9.13 points at the first support level, and at 8.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.45, and for the 2nd resistance point, it is at 9.57.
Everi Holdings Inc [EVRI] reported earnings per share of $0.12 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.2/share, meaning a difference of -$0.08 and a surprise factor of -40.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.29 per share as compared to estimates of $0.24 per share, a difference of $0.05 representing a surprise of 20.80%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Everi Holdings Inc [NYSE:EVRI] is 1.05. In addition, the Quick Ratio stands at 0.97 and the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 3.46 and price to earnings (TTM) ratio is 10.35.
Transactions by insiders
Recent insider trading involved TAYLOR RANDY L, President & CEO, that happened on Aug 29 ’23 when 5000.0 shares were purchased. Executive Chairman, Rumbolz Michael D completed a deal on Aug 29 ’23 to buy 5000.0 shares. Meanwhile, Director Watson Secil Tabli bought 1000.0 shares on Aug 18 ’23.
