Everi Holdings Inc. (EVRI): What The Numbers Tell Us

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The stock of Everi Holdings Inc. (NYSE:EVRI) decreased by -$0.25 on Wednesday to $16.41, down -1.50 percent. The last five days have seen an average of 567,980 shares of common stock traded. 5 times new highs were reached in the current year, with a fall of -$4.94. The average number of shares traded over the last 20 days was 661,605, while the average volume over the last 50 days totaled 594,360.

EVRI stock dropped -8.11% since last month. On 11/08/22, the company’s shares reached a one-month low of $16.16. The stock touched a high of $24.23 on 02/16/22, after rallying from a low of $15.05 in 52 weeks. The price of EVRI stock has declined by -21.97% or -$4.94 this year, reaching a new high 5 times. Still, the stock price is down -32.27% from the 52-week high.


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Insider Transactions

EVRI stock investors should be aware that Everi Holdings Inc. (EVRI) stock had its last reported insider trading activity 99 days ago on Aug 16. On Aug 16, Executive Chairman Rumbolz Michael D sold 19,424 shares at $21.00 each. This transaction resulted in the insider making $407,904. On Aug 16, JUDGE GEOFFREY P sold 3,000 shares at a price of US$21.00. After the transaction, the insider now owns 51,572 shares. Director JUDGE GEOFFREY P had earlier sold 3,000 shares on Aug 03 for $20.00 a share. The transaction was completed for $60,000.

Valuation Metrics

Everi Holdings Inc. (EVRI) has a trailing price-to-earnings (P/E) ratio of 9.11. Beta for the stock is 2.41. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.96, the price-to-book (PB) ratio of 6.86, and the price-to-cash flow ratio of 8.68.

Financial Health

For the three months ended September 29, Everi Holdings Inc.’s quick ratio was 1.10, while its current ratio was 1.20, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 4.45, and the total debt to equity ratio is 4.48. As far as profitability goes, gross margin for the trailing twelve months is 79.60% percent. Everi Holdings Inc.’s operating margin stood at 27.70% for the same period. Based on annual data, it had gross profit of $544.94 million and revenue of $660.38 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. EVRI’s return on assets (ROA) during the last 12 months has been 11.20%. There was a 18.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 90.60%.

Earnings Surprise

According to Everi Holdings Inc.’s quarterly financial report for the quarter that ended September 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $204.32 million, while revenues rose by 17.63% to $197.22 million. It was predicted that Everi Holdings Inc.’s quarterly earnings would be $0.3, but it ended up being $0.34, beating the consensus by -11.80%. EBITDA was $90.55 million for the quarter. At the end of Everi Holdings Inc.’s most recent quarter ended September 29, its liabilities totaled 1.45 billion, while its total debt was $1000.0 million. Equity owned by shareholders amounts to $89.47 million.

Technical Picture

Here’s a quick look at Everi Holdings Inc.’s (EVRI) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 33.96%, suggesting the stock is Neutral, with a 13.80% historical volatility rate.

The stochastic %K and %D were 16.06% and 20.73% respectively, while the average true range (ATR) was 0.63. Based on the 14-day stochastic reading of 8.74%, the RSI (14) reading is 38.69%. On the 9-day MACD Oscillator, the stock is at -0.29, and the 14-day reading is at -0.50.

Analyst Ratings

Analysts have assigned Everi Holdings Inc. (EVRI) an Buy rating. EVRI is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 9 others recommend it as a buy.

What is EVRI’s price target for the next 12 months?

The current consensus forecast for the stock is between $23.00 and $35.00, with a median target price of $28.00. In analyzing these forecasts, the average price target given by analysts for Everi Holdings Inc. (EVRI) is $27.67.

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