Everi Holdings Inc [EVRI] moved up 1.01: Why It’s Important

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Everi Holdings Inc [NYSE: EVRI] price surged by 1.01 percent to reach at $0.14.

The one-year EVRI stock forecast points to a potential upside of 1.27. The average equity rating for EVRI stock is currently 3.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $14.17 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 3.00. 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.

B. Riley Securities have made an estimate for Everi Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 05, 2024. 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 April 05, 2022, representing the official price target for Everi Holdings Inc stock. Previously, the target price had yet another raise to $25, while B. Riley Securities analysts kept a Buy rating on EVRI stock.

The Average True Range (ATR) for Everi Holdings Inc is set at 0.10, with the Price to Sales ratio for EVRI stock in the period of the last 12 months amounting to 1.59. The Price to Book ratio for the last quarter was 4.72, with the Price to Cash per share for the same quarter was set at 4.72. Price to Free Cash Flow for EVRI in the course of the last twelve months was 7.47 with Quick ratio for the last quarter at 0.98.

EVRI Stock Performance Analysis:

Everi Holdings Inc [EVRI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.75. With this latest performance, EVRI shares gained by 2.87% in over the last four-week period, additionally plugging by 4.79% over the last 6 months – not to mention a rise of 67.54% 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 69.39, with the RSI for the last a single of trading hit 76.26, and the three-weeks RSI is set at 65.49 for Everi Holdings Inc [EVRI]. The present Moving Average for the last 50 days of trading for this stock 13.69, while it was recorded at 13.85 for the last single week of trading, and 13.17 for the last 200 days.

Insight into Everi Holdings Inc Fundamentals:

Everi Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.98 and a Current Ratio set at 1.08.

EVRI Stock EPS

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 47.74%.

Everi Holdings Inc [EVRI] Institutonal Ownership Details

There are presently around $88.97%, or 92.28%% of EVRI stock, in the hands of institutional investors. The top three institutional holders of EVRI stocks are: BLACKROCK INC. with ownership of 8.72 million shares, which is approximately 10.3178%. VANGUARD GROUP INC, holding 7.56 million shares of the stock with an approximate value of $$63.53 million in EVRI stocks shares; and VANGUARD GROUP INC, currently with $$26.78 million in EVRI stock with ownership which is approximately 3.7723%.