Everi Holdings Inc. [NYSE: EVRI] gained 3.35% or 0.27 points to close at $8.34 with a heavy trading volume of 1775324 shares.
It opened the trading session at $8.13, the shares rose to $8.37 and dropped to $8.0523, the range by which the price of stock traded the whole day. The daily chart for EVRI points out that the company has recorded 94.41% gains over the past six months. However, it is still -438.06% lower than its most recent low trading price.
If we look at the average trading volume of 3.65M shares, EVRI reached to a volume of 1775324 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $11.63 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.
BTIG Research have made an estimate for Everi Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 09, 2020. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on July 10, 2020, representing the official price target for Everi Holdings Inc. stock. Previously, the target price had yet another raise to $12, while Macquarie analysts kept a Outperform rating on EVRI stock.
The Average True Range (ATR) for Everi Holdings Inc. is set at 0.51, with the Price to Sales ratio for EVRI stock in the period of the last 12 months amounting to 1.63. Price to Free Cash Flow for EVRI in the course of the last twelve months was 19.91 with Quick ratio for the last quarter at 1.20.
Trading performance analysis for EVRI stock
Everi Holdings Inc. [EVRI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.00. With this latest performance, EVRI shares gained by 12.70% in over the last four-week period, additionally plugging by 94.41% over the last 6 months – not to mention a drop of -9.74% 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 61.08, with the RSI for the last a single of trading hit 60.06, and the three-weeks RSI is set at 59.26 for Everi Holdings Inc. [EVRI]. The present Moving Average for the last 50 days of trading for this stock 7.05, while it was recorded at 8.28 for the last single week of trading, and 7.86 for the last 200 days.
Everi Holdings Inc. [EVRI]: A deeper dive into fundamental analysis
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 1.20 and a Current Ratio set at 1.40.
Everi Holdings Inc. [EVRI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Everi Holdings Inc. posted 0.12/share EPS, while the average EPS was predicted by analysts to be reported at 0.07/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 71.40%. 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%.
An analysis of insider ownership at Everi Holdings Inc. [EVRI]
There are presently around $630 million, or 84.00% 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 6,204,208, which is approximately -3.831% of the company’s market cap and around 1.00% of the total institutional ownership; BLACKROCK INC., holding 6,105,498 shares of the stock with an approximate value of $50.92 million in EVRI stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $47.33 million in EVRI stock with ownership of nearly 8.295% of the company’s market capitalization.
Positions in Everi Holdings Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 85 institutional holders increased their position in Everi Holdings Inc. [NYSE:EVRI] by around 10,233,906 shares. Additionally, 96 investors decreased positions by around 14,315,933 shares, while 11 investors held positions by with 50,948,373 shares. The mentioned changes placed institutional holdings at 75,498,212 shares, according to the latest SEC report filing. EVRI stock had 38 new institutional investments in for a total of 5,142,223 shares, while 34 institutional investors sold positions of 3,538,518 shares during the same period.