Everi Holdings Inc. (NYSE:EVRI) went down by -2.70% from its latest closing price compared to the recent 1-year high of $24.23. The company’s stock price has collected -5.37% of loss in the last five trading sessions.
Is It Worth Investing in Everi Holdings Inc. (NYSE :EVRI) Right Now?
Everi Holdings Inc. (NYSE:EVRI) scored a price-to-earnings ratio above its average ratio, recording 8.86 x from its present earnings ratio. Plus, the 36-month beta value for EVRI is at 2.41. Opinions of the stock are interesting as 9 analysts out of 9 who provided ratings for Everi Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $27.67, which is $11.17 above the current price. EVRI currently public float of 86.92M and currently shorts hold a 2.19% ratio of that float. Today, the average trading volume of EVRI was 637.13K shares.
EVRI’s Market Performance
EVRI stocks went down by -5.37% for the week, with a monthly drop of -12.99% and a quarterly performance of -18.54%, while its annual performance rate touched -26.59%. The volatility ratio for the week stands at 2.67% while the volatility levels for the past 30 days are set at 3.70% for Everi Holdings Inc. The simple moving average for the period of the last 20 days is -8.48% for EVRI stocks with a simple moving average of -13.36% for the last 200 days.
Analysts’ Opinion of EVRI
Many brokerage firms have already submitted their reports for EVRI stocks, with ROTH Capital repeating the rating for EVRI by listing it as a “Buy.” The predicted price for EVRI in the upcoming period, according to ROTH Capital is $28 based on the research report published on April 05th of the current year 2022.
B. Riley Securities, on the other hand, stated in their research note that they expect to see EVRI reach a price target of $25. The rating they have provided for EVRI stocks is “Buy” according to the report published on April 28th, 2021.
Stifel gave a rating of “Buy” to EVRI, setting the target price at $16 in the report published on December 10th of the previous year.
EVRI Trading at -7.15% from the 50-Day Moving Average
After a stumble in the market that brought EVRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.10% of loss for the given period.
Volatility was left at 3.70%, however, over the last 30 days, the volatility rate increased by 2.67%, as shares sank -13.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.05% lower at present.
During the last 5 trading sessions, EVRI fell by -5.37%, which changed the moving average for the period of 200-days by -26.22% in comparison to the 20-day moving average, which settled at $17.59. In addition, Everi Holdings Inc. saw -24.07% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at EVRI starting from Rumbolz Michael D, who sale 19,424 shares at the price of $21.00 back on Aug 16. After this action, Rumbolz Michael D now owns 981,899 shares of Everi Holdings Inc., valued at $407,904 using the latest closing price.
JUDGE GEOFFREY P, the Director of Everi Holdings Inc., sale 3,000 shares at $21.00 during a trade that took place back on Aug 16, which means that JUDGE GEOFFREY P is holding 51,572 shares at $63,000 based on the most recent closing price.
Stock Fundamentals for EVRI
Current profitability levels for the company are sitting at:
- +29.49 for the present operating margin
- +63.53 for the gross margin
The net margin for Everi Holdings Inc. stands at +22.83. Equity return is now at value 90.60, with 11.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.