The stock of Everi Holdings Inc (EVRI) has gone up by 0.66% for the week, with a 43.75% rise in the past month and a 74.90% rise in the past quarter. The volatility ratio for the week is 0.44%, and the volatility levels for the past 30 days are 1.72% for EVRI. The simple moving average for the past 20 days is 3.85% for EVRI’s stock, with a 31.68% simple moving average for the past 200 days.
Is It Worth Investing in Everi Holdings Inc (NYSE: EVRI) Right Now?
The price-to-earnings ratio for Everi Holdings Inc (NYSE: EVRI) is 27.60x, which is above its average ratio. Moreover, the 36-month beta value for EVRI is 2.15. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for EVRI is 81.89M and currently, short sellers hold a 4.15% of that float. On August 21, 2024, EVRI’s average trading volume was 2.54M shares.
EVRI) stock’s latest price update
The stock of Everi Holdings Inc (NYSE: EVRI) has increased by 0.35 when compared to last closing price of 12.95. Despite this, the company has experienced a 0.66% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-06 that Everi Holdings (EVRI) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of EVRI
Many brokerage firms have already submitted their reports for EVRI stocks, with B. Riley Securities repeating the rating for EVRI by listing it as a “Neutral.” The predicted price for EVRI in the upcoming period, according to B. Riley Securities is $12 based on the research report published on April 05, 2024 of the current year 2024.
ROTH Capital, on the other hand, stated in their research note that they expect to see EVRI reach a price target of $28. The rating they have provided for EVRI stocks is “Buy” according to the report published on April 05th, 2022.
B. Riley Securities gave a rating of “Buy” to EVRI, setting the target price at $25 in the report published on April 28th of the previous year.
EVRI Trading at 29.56% 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 -14.11% of loss for the given period.
Volatility was left at 1.72%, however, over the last 30 days, the volatility rate increased by 0.44%, as shares surge +48.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +61.91% upper at present.
During the last 5 trading sessions, EVRI rose by +0.58%, which changed the moving average for the period of 200-days by +17.19% in comparison to the 20-day moving average, which settled at $12.73. In addition, Everi Holdings Inc saw 15.31% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EVRI starting from EHRLICH DEAN A, who proposed sale 50,000 shares at the price of $13.10 back on Aug 16 ’24. After this action, EHRLICH DEAN A now owns shares of Everi Holdings Inc, valued at $655,000 using the latest closing price.
Lucchese David, the EVP, Sales and Marketing of Everi Holdings Inc, sale 4,124 shares at $12.99 during a trade that took place back on Aug 13 ’24, which means that Lucchese David is holding 588,404 shares at $53,571 based on the most recent closing price.
Stock Fundamentals for EVRI
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.73 for the gross margin
The net margin for Everi Holdings Inc stands at 0.05. The total capital return value is set at 0.12. Equity return is now at value 17.33, with 2.23 for asset returns.
Based on Everi Holdings Inc (EVRI), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 3.98. The interest coverage ratio of the stock is 1.88.
Currently, EBITDA for the company is 343.39 million with net debt to EBITDA at 2.97. When we switch over and look at the enterprise to sales, we see a ratio of 2.4. The receivables turnover for the company is 1.52for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
To wrap up, the performance of Everi Holdings Inc (EVRI) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
