Everi Holdings Inc. (NYSE: EVRI) is -60.31% lower on its value in year-to-date trading and has touched a low of $1.55 and a high of $14.88 in the current 52-week trading range. The EVRI stock was last observed hovering at around $5.33 in the recent trading session, with the current gains setting it 0.02% off its average median price target of $10.00 for the next 12 months. It is also 58.85% off the consensus price target high of $13.00 offered by 6 analysts, but current levels are 33.13% higher than the price target low of $8.00 for the same period.
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At last check, trading at $5.35, the stock is -11.97% and -3.06% below its SMA20 and SMA50 respectively. However, with a current trading volume of 0.51 million and changing 0.38% at the moment leaves the stock -39.69% off its SMA200. EVRI registered -56.60% loss for a year compared to 6-month loss of -59.38%. The firm has a 50-day simple moving average (SMA 50) of $6.05 and a 200-day simple moving average (SMA200) of $7.93.
The stock witnessed a -21.85% gain in the last 1 month and extending the period to 3 months gives it a 95.24%, and is -5.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.69% over the week and 9.07% over the month.
Everi Holdings Inc. (EVRI) has around 1400 employees, a market worth around $449.59M and $522.80M in sales. Fwd P/E is 78.38. Profit margin for the company is -0.50%. Distance from 52-week low is 245.16% and -64.04% from its 52-week high. The company has generated returns on investments over the last 12 months (8.10%).
Everi Holdings Inc. (EVRI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Everi Holdings Inc. (EVRI) is a “Buy”. 6 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Everi Holdings Inc. is expected to release its quarterly report on 08/11/2020 and quarterly earnings per share for the current quarter are estimated at -$0.56 with sales reaching $19.55M over the same period.The EPS is expected to grow by 36.70% this year, but quarterly earnings will post -42.80% year-over-year. Quarterly sales are estimated to shrink -84.90% in year-over-year returns.
Everi Holdings Inc. (EVRI) Top Institutional Holders
255 institutions hold shares in Everi Holdings Inc. (EVRI), with 929.15k shares held by insiders accounting for 1.09% while institutional investors hold 93.45% of the company’s shares. The shares outstanding are 84.62M, and float is at 84.21M with Short Float at 3.65%. Institutions hold 92.44% of the Float.
The top institutional shareholder in the company is Eagle Asset Management Inc with over 6.45 million shares valued at $21.29 million. The investor’s holdings represent 7.56% of the EVRI Shares outstanding. As of Mar 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 6.21 million shares valued at $20.48 million to account for 7.27% of the shares outstanding. The other top investors are Blackrock Inc. which holds 6.0 million shares representing 7.03% and valued at over $19.8 million, while Capital Research Global Investors holds 6.14% of the shares totaling 5.24 million with a market value of $17.29 million.
Everi Holdings Inc. (EVRI) Insider Activity
A total of 52 insider transactions have happened at Everi Holdings Inc. (EVRI) in the last six months, with sales accounting for 15 and purchases happening 37 times. The most recent transaction is an insider sale by JUDGE GEOFFREY P, the company’s Director. SEC filings show that JUDGE GEOFFREY P sold 40,000 shares of the company’s common stock on Jun 08 at a price of $7.51 per share for a total of $0.3 million. Following the sale, the insider now owns 0.1 million shares.
Everi Holdings Inc. disclosed in a document filed with the SEC on Mar 12 that MULLARKEY MAUREEN T (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 12 and was made at $6.27 per share for $62700.0. Following the transaction, the insider now directly holds 10000.0 shares of the EVRI stock.
Still, SEC filings show that on Mar 12, Raney Eileen F (Director) acquired 20,000 shares at an average price of $6.00 for $0.12 million. The insider now directly holds 79,000 shares of Everi Holdings Inc. (EVRI).
Everi Holdings Inc. (EVRI): Who are the competitors?
The company’s main competitors (and peers) include Boyd Gaming Corporation (BYD) that is trading -28.50% down over the past 12 months. Short interest in the company’s stock has risen 15.91% from the last report on May 14, 2020 to stand at a total of 2.59 million short shares sold with a short interest ratio of 0.87.