Everi Holdings Inc (NYSE: EVRI) is -19.79% lower on its value in year-to-date trading and has touched a low of $9.15 and a high of $17.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EVRI stock was last observed hovering at around $9.16 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $9.04, the stock is -13.84% and -14.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing -1.31% at the moment leaves the stock -27.54% off its SMA200. EVRI registered -44.74% loss for a year compared to 6-month loss of -38.17%. The firm has a 50-day simple moving average (SMA 50) of $1.82 and a 200-day simple moving average (SMA200) of $4.63.
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The stock witnessed a -19.21% gain in the last 1 month and extending the period to 3 months gives it a -14.64%, and is -4.34% 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 3.20% over the week and 4.61% over the month.
Everi Holdings Inc (EVRI) has around 2200 employees, a market worth around $757.37M and $817.16M in sales. Current P/E ratio is 10.02 and Fwd P/E is 8.69. Profit margin for the company is 10.28%. Distance from 52-week low is -1.20% and -49.36% from its 52-week high. The company has generated returns on investments over the last 12 months (6.88%).
Everi Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.24 with sales reaching $194.61M over the same period.The EPS is expected to grow by 0.96% this year, but quarterly earnings will post 1.30% year-over-year. Quarterly sales are estimated to grow 2.10% in year-over-year returns.
305 institutions hold shares in Everi Holdings Inc (EVRI), with institutional investors hold 95.03% of the company’s shares. The shares outstanding are 83.74M, and float is at 81.25M with Short Float at 6.27%. Institutions hold 91.61% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 6.98 million shares valued at $100.9 million. The investor’s holdings represent 7.93% of the EVRI Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 5.8 million shares valued at $83.8 million to account for 6.59% of the shares outstanding. The other top investors are Thrivent Financial For Lutherans which holds 4.68 million shares representing 5.32% and valued at over $67.73 million, while Simcoe Capital Management, LLC holds 4.53% of the shares totaling 3.99 million with a market value of $57.63 million.
Everi Holdings Inc (EVRI) Insider Activity
The most recent transaction is an insider purchase by TAYLOR RANDY L, the company’s President & CEO. SEC filings show that TAYLOR RANDY L bought 5,000 shares of the company’s common stock on Aug 29 ’23 at a price of $14.27 per share for a total of $71350.0. Following the purchase, the insider now owns 0.52 million shares.
Everi Holdings Inc disclosed in a document filed with the SEC on Aug 29 ’23 that Rumbolz Michael D (Executive Chairman) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Aug 29 ’23 and was made at $14.20 per share for $71000.0. Following the transaction, the insider now directly holds 1.06 million shares of the EVRI stock.
Still, SEC filings show that on Aug 18 ’23, Watson Secil Tabli (Director) acquired 1,000 shares at an average price of $13.36 for $13360.0. The insider now directly holds 1,000 shares of Everi Holdings Inc (EVRI).
