Everi Holdings Inc (NYSE: EVRI) is 0.96% higher on its value in year-to-date trading and has touched a low of $6.37 and a high of $13.65 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 $13.63 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $13.64, the stock is 0.43% and 0.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 0.07% at the moment leaves the stock 19.03% off its SMA200. EVRI registered 29.29% gain for a year compared to 6-month gain of 5.98%. The firm has a 50-day simple moving average (SMA 50) of $13.5096 and a 200-day simple moving average (SMA200) of $11.45895.
The stock witnessed a 1.19% loss in the last 1 month and extending the period to 3 months gives it a 2.25%, and is 0.15% 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 0.24% over the week and 0.33% over the month.
Everi Holdings Inc (EVRI) has around 2200 employees, a market worth around $1.18B and $762.75M in sales. Current P/E ratio is 91.73 and Fwd P/E is 29.90. Profit margin for the company is 1.71%. Distance from 52-week low is 114.13% and -0.07% from its 52-week high. The company has generated returns on investments over the last 12 months (1.05%).
The EPS is expected to shrink by -80.62% this year.
Everi Holdings Inc (EVRI) Top Institutional Holders
280.0 institutions hold shares in Everi Holdings Inc (EVRI), with institutional investors hold 89.64% of the company’s shares. The shares outstanding are 86.03M, and float is at 83.23M with Short Float at 3.10%. Institutions hold 86.64% 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
The most recent transaction is an insider sale by Simmons Darren, the company’s EVP, FinTech Business Leader. SEC filings show that Simmons Darren sold 50,000 shares of the company’s common stock on Dec 12 ’24 at a price of $13.46 per share for a total of $0.67 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Dec 09 ’24, FOX LINSTER W (Director) disposed off 40,000 shares at an average price of $13.48 for $0.54 million. The insider now directly holds 0 shares of Everi Holdings Inc (EVRI).
