The price-to-earnings ratio for Everi Holdings Inc (NYSE: EVRI) is above average at 90.05x. The 36-month beta value for EVRI is also noteworthy at 2.09. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for EVRI is 82.98M, and at present, short sellers hold a 4.32% of that float. The average trading volume of EVRI on November 22, 2024 was 673.54K shares.
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EVRI) stock’s latest price update
The stock of Everi Holdings Inc (NYSE: EVRI) has increased by 0.37 when compared to last closing price of 13.34. Despite this, the company has experienced a -0.22% fall in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-14 that LAS VEGAS, Nov. 14, 2024 /PRNewswire/ — Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo, announced today that its stockholders have voted at a special meeting of Everi stockholders (the “Special Meeting”) to approve the pending simultaneous acquisition of Everi and the Gaming & Digital business of International Game Technology PLC (NYSE: IGT) by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (the “Apollo Funds”) through a merger. As previously announced, pursuant to the terms of the merger agreement, Everi stockholders will receive $14.25 per share in cash for every share of Everi common stock they own immediately prior to the effective time of the merger.
EVRI’s Market Performance
Everi Holdings Inc (EVRI) has experienced a -0.22% fall in stock performance for the past week, with a 0.45% rise in the past month, and a 3.00% rise in the past quarter. The volatility ratio for the week is 0.37%, and the volatility levels for the past 30 days are at 0.42% for EVRI. The simple moving average for the last 20 days is 0.28% for EVRI stock, with a simple moving average of 25.85% for the last 200 days.
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 1.00% 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 -0.45% of loss for the given period.
Volatility was left at 0.42%, however, over the last 30 days, the volatility rate increased by 0.37%, as shares surge +0.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.21% upper at present.
During the last 5 trading sessions, EVRI fell by -0.22%, which changed the moving average for the period of 200-days by +29.00% in comparison to the 20-day moving average, which settled at $13.35. In addition, Everi Holdings Inc saw 18.81% 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 JUDGE GEOFFREY P, who sale 16,000 shares at the price of $13.37 back on Nov 15 ’24. After this action, JUDGE GEOFFREY P now owns 91,572 shares of Everi Holdings Inc, valued at $213,920 using the latest closing price.
GEOFF P JUDGE, the Director of Everi Holdings Inc, proposed sale 16,000 shares at $13.37 during a trade that took place back on Nov 15 ’24, which means that GEOFF P JUDGE is holding shares at $213,868 based on the most recent closing price.
Stock Fundamentals for EVRI
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.68 for the gross margin
The net margin for Everi Holdings Inc stands at 0.02. The total capital return value is set at 0.08. Equity return is now at value 5.27, with 0.66 for asset returns.
Based on Everi Holdings Inc (EVRI), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 3.86. The interest coverage ratio of the stock is 1.29.
Currently, EBITDA for the company is 179.28 million with net debt to EBITDA at 1.78. When we switch over and look at the enterprise to sales, we see a ratio of 2.29. The receivables turnover for the company is 4.79for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.
Conclusion
In summary, Everi Holdings Inc (EVRI) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
