Everi Holdings Inc. [NYSE: EVRI] slipped around -0.09 points on Monday, while shares priced at $6.11 at the close of the session, down -1.45%. Everi Holdings Inc. stock is now -54.50% down from its year-to-date (YTD) trading value. EVRI Stock saw the intraday high of $6.28 and lowest of $5.26 per share. The company’s 52-week high price is 14.88, which means current price is +294.19% above from all time high which was touched on 02/20/20.
Compared to the average trading volume of 3.27M shares, EVRI reached a trading volume of 3194202 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Everi Holdings Inc. [EVRI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVRI shares is $9.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVRI stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Macquarie have made an estimate for Everi Holdings Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 26, 2019. While these analysts kept the previous recommendation, SunTrust raised their target price to Buy. The new note on the price target was released on February 11, 2019, representing the official price target for Everi Holdings Inc. stock. Previously, the target price had yet another raise to $11, while Raymond James analysts kept a Strong Buy rating on EVRI stock.
The Average True Range (ATR) for Everi Holdings Inc. is set at 0.71, with the Price to Sales ratio for EVRI stock in the period of the last 12 months amounting to 0.96. The Price to Book ratio for the last quarter was 11.75, with the Price to Cash per share for the same quarter was set at 0.61.
How has EVRI stock performed recently?
Everi Holdings Inc. [EVRI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.36. With this latest performance, EVRI shares gained by 40.78% in over the last four-week period, additionally sinking by -55.79% over the last 6 months – not to mention a drop of -48.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EVRI stock in for the last two-week period is set at 52.30, with the RSI for the last a single of trading hit 46.63, and the three-weeks RSI is set at 52.07 for Everi Holdings Inc. [EVRI]. The present Moving Average for the last 50 days of trading for this stock 5.02, while it was recorded at 6.53 for the last single week of trading, and 9.07 for the last 200 days.
Everi Holdings Inc. [EVRI]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Everi Holdings Inc. [EVRI] shares currently have an operating margin of +17.40 and a Gross Margin at +53.27. Everi Holdings Inc.’s Net Margin is presently recorded at +3.05.
Return on Total Capital for EVRI is now 8.45, given the latest momentum, and Return on Invested Capital for the company is 1.49. When it comes to the capital structure of this company, Everi Holdings Inc. [EVRI] has a Total Debt to Total Equity ratio set at 2,081.07. Additionally, EVRI Total Debt to Total Capital is recorded at 95.42, with Total Debt to Total Assets ending up at 65.74. Long-Term Debt to Equity for the company is recorded at 2,070.29, with the Long-Term Debt to Total Capital now at 94.92.
Reflecting on the efficiency of the workforce at the company, Everi Holdings Inc. [EVRI] managed to generate an average of $11,798 per employee. Receivables Turnover for the company is 3.55 with a Total Asset Turnover recorded at a value of 0.33.Everi Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.10.
Earnings analysis for Everi Holdings Inc. [EVRI]
With the latest financial reports released by the company, Everi Holdings Inc. posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EVRI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Everi Holdings Inc. go to 20.00%.
Insider trade positions for Everi Holdings Inc. [EVRI]
There are presently around $492 million, or 89.30% of EVRI stock, in the hands of institutional investors. The top three institutional holders of EVRI stocks are: EAGLE ASSET MANAGEMENT INC with ownership of 6,451,376, which is approximately 3.426% of the company’s market cap and around 1.20% of the total institutional ownership; VANGUARD GROUP INC, holding 6,205,808 shares of the stock with an approximate value of $38.48 million in EVRI stocks shares; and BLACKROCK INC., currently with $37.21 million in EVRI stock with ownership of nearly 8.264% of the company’s market capitalization.
Positions in Everi Holdings Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 80 institutional holders increased their position in Everi Holdings Inc. [NYSE:EVRI] by around 18,999,822 shares. Additionally, 124 investors decreased positions by around 22,073,321 shares, while 7 investors held positions by with 38,283,098 shares. The mentioned changes placed institutional holdings at 79,356,241 shares, according to the latest SEC report filing. EVRI stock had 26 new institutional investments in for a total of 4,326,997 shares, while 57 institutional investors sold positions of 9,447,265 shares during the same period.