As of Friday close, Everi Holdings Inc.’s (NYSE:EVRI) stock was up $0.14, moving up 1.07 percent to $13.27. The average number of shares traded per day over the past five days has been 882,620 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.33 fall in that time frame. In the last twenty days, the average volume was 1,006,615, while in the previous 50 days, it was 842,574.
Since last month, EVRI stock retreated -9.73%. Shares of the company fell to $12.58 on 08/10/23, the lowest level in the past month. A 52-week high of $20.86 was reached on 03/01/23 after having rallying from a 52-week low of $12.58. Since the beginning of this year, EVRI’s stock price has dropped by -7.53% or -$1.08, and marked a new high 23 times. However, the stock has declined by -36.40% since its 52-week high.
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EVRI stock investors should be aware that Everi Holdings Inc. (EVRI) stock had its last reported insider trading activity 68 days ago on Jun 12. JUDGE GEOFFREY P, the Director of the company, disposed of 10,000 shares for $15.74 on Jun 12. It resulted in a $157,400 divestment by the insider. Lucchese David sold 38,398 shares at an average price of $18.61 on Mar 03. The insider now owns 167,287 shares following the transaction. On Mar 03, Director JUDGE GEOFFREY P sold 6,000 shares at $18.58 apiece. The transaction was valued at $111,480.
Valuation Metrics
Right now, Everi Holdings Inc. (EVRI) has a P/E ratio of about 10.92. The stock’s beta is 2.29. Besides these, the trailing price-to-sales (P/S) ratio of 1.44, the price-to-book (PB) ratio of 4.59, and the price-to-cash flow ratio of 8.00 may also be considered.
Financial Health
In the three months ended June 29, Everi Holdings Inc.’s quick ratio stood at 1.10, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 3.81, and the total debt-to-equity ratio was 3.81. On the profitability front, the trailing twelve-month gross margin is 78.50% percent. In the year ended June 29, EBITDA margin amounted to 44.71%, whereas operating margins totaled 26.40%. Based on annual data, EVRI earned $617.2 million in gross profit and brought in $782.52 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 14.70%. Return on equity (ROE) for the past 12 months was 53.90%.
In Everi Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $970.23 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. EVRI’s revenue rose 5.51% to $200.47 million during the quarter, while net income inched up to $208.72 million. While analysts expected Everi Holdings Inc. to report $0.25 quarterly earnings, the actual figure was $0.29 per share, beating the consensus estimate by 16.00%. During the quarter, the company generated $90.02 million in EBITDA. The liabilities of Everi Holdings Inc. were 1.47 billion at the end of its most recent quarter ended June 29, and its total debt was $991.9 million. The value of shareholders’ equity is $87.99 million.
Technical Picture
This quick technical analysis looks at Everi Holdings Inc.’s (EVRI) price momentum. With a historical volatility rate of 66.51%, the RSI 9-day stood at 37.50% on 18 August.
With respect to its five-day moving average, the current Everi Holdings Inc. price is down by -2.43% percent or -$0.33. At present, EVRI shares trade -9.91% below its 20-day simple moving average and -20.06% percent below its 100-day simple moving average. However, the stock is currently trading approximately -16.65% below its SMA50 and -30.08% below its SMA200.
Stochastic coefficient K was 21.25% and Stochastic coefficient D was 20.01%, while ATR was 0.50. Given the Stochastic reading of 26.34% for the 14-day period, the RSI (14) reading has been calculated as 38.58%. As of today, the MACD Oscillator reading stands at -0.23, while the 14-day reading stands at -0.76.
Analyst Ratings
Everi Holdings Inc. (EVRI) has been rated Buy by analysts. According to 0 brokerage firms, EVRI is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Everi Holdings Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $21.00, the current consensus forecast for the stock is $20.00 – $25.00. Based on these forecasts, analysts predict Everi Holdings Inc. (EVRI) will achieve an average price target of $21.71.
