Everi Holdings Inc (NYSE: EVRI) is 15.62% higher on its value in year-to-date trading and has touched a low of $6.37 and a high of $15.13 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EVRI stock was last observed hovering at around $13.00 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $13.03, the stock is 0.59% and 22.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 0.23% at the moment leaves the stock 31.42% off its SMA200. EVRI registered -8.43% loss for a year compared to 6-month gain of 9.87%.
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The stock witnessed a 1.24% loss in the last 1 month and extending the period to 3 months gives it a 91.62%, and is 0.39% up 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 0.18% over the week and 0.51% over the month.
Everi Holdings Inc (EVRI) has around 2200 employees, a market worth around $1.11B and $783.84M in sales. Current P/E ratio is 27.68 and Fwd P/E is 16.52. Profit margin for the company is 5.39%. Distance from 52-week low is 104.55% and -13.88% from its 52-week high. The company has generated returns on investments over the last 12 months (3.42%).
The EPS is expected to shrink by -38.21% this year
284.0 institutions hold shares in Everi Holdings Inc (EVRI), with institutional investors hold 90.41% of the company’s shares. The shares outstanding are 83.74M, and float is at 82.01M with Short Float at 3.60%. Institutions hold 86.85% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.72 million shares valued at $73.25 million. The investor’s holdings represent 10.4087 of the EVRI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.56 million shares valued at $63.53 million to account for 9.0282 of the shares outstanding. The other top investors are FMR LLC which holds 3.19 million shares representing 3.8055 and valued at over $26.78 million, while PRIVATE CAPITAL MANAGEMENT, LLC holds 3.6255 of the shares totaling 3.04 million with a market value of $25.51 million.
Everi Holdings Inc (EVRI) Insider Activity
Everi Holdings Inc disclosed in a document filed with the SEC on Aug 13 ’24 that Lucchese David (EVP, Sales and Marketing) sold a total of 4,124 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $12.99 per share for $53571.0. Following the transaction, the insider now directly holds 0.59 million shares of the EVRI stock.
Still, SEC filings show that on Aug 15 ’24, Lucchese David (EVP, Sales and Marketing) disposed off 400 shares at an average price of $12.99 for $5196.0. The insider now directly holds 588,404 shares of Everi Holdings Inc (EVRI).
