Everi Holdings Inc (NYSE:EVRI) – Research analysts at Jefferies Financial Group issued their Q1 2021 earnings per share estimates for Everi in a note issued to investors on Monday, September 14th. Jefferies Financial Group analyst D. Katz expects that the credit services provider will earn ($0.02) per share for the quarter. Jefferies Financial Group has a “Buy” rating and a $10.00 price objective on the stock. Jefferies Financial Group also issued estimates for Everi’s Q2 2021 earnings at $0.02 EPS, Q3 2021 earnings at $0.02 EPS and FY2022 earnings at $0.15 EPS.
Everi (NYSE:EVRI) last announced its earnings results on Tuesday, August 4th. The credit services provider reported ($0.80) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.57) by ($0.23). Everi had a negative net margin of 17.78% and a negative return on equity of 3,484.76%. The business had revenue of $38.72 million for the quarter, compared to analysts’ expectations of $22.04 million.
A number of other brokerages have also recently commented on EVRI. Raymond James reduced their target price on shares of Everi from $14.00 to $10.00 and set a “strong-buy” rating for the company in a report on Wednesday, June 3rd. ValuEngine raised shares of Everi from a “hold” rating to a “buy” rating in a report on Tuesday, May 26th. Roth Capital began coverage on shares of Everi in a report on Friday, July 10th. They set a “buy” rating and a $17.00 target price for the company. Zacks Investment Research cut shares of Everi from a “hold” rating to a “sell” rating in a report on Wednesday, July 15th. Finally, BTIG Research assumed coverage on shares of Everi in a research report on Wednesday, September 9th. They issued a “buy” rating and a $12.00 price target for the company. One equities research analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Everi has an average rating of “Buy” and an average target price of $11.63.
Shares of EVRI stock opened at $8.34 on Tuesday. Everi has a 12 month low of $1.55 and a 12 month high of $14.88. The stock has a market cap of $712.66 million, a P/E ratio of -9.37 and a beta of 2.97. The company has a current ratio of 1.35, a quick ratio of 1.24 and a debt-to-equity ratio of 23.49. The company has a 50 day simple moving average of $7.22 and a two-hundred day simple moving average of $5.84.
Institutional investors have recently modified their holdings of the business. FMR LLC bought a new position in Everi during the 1st quarter worth about $29,000. Bank of Montreal Can grew its holdings in Everi by 97.7% during the 2nd quarter. Bank of Montreal Can now owns 6,495 shares of the credit services provider’s stock worth $30,000 after acquiring an additional 3,209 shares in the last quarter. Principal Financial Group Inc. bought a new position in Everi during the 1st quarter worth about $37,000. Virginia Retirement Systems ET AL bought a new position in Everi during the 1st quarter worth about $40,000. Finally, Stone Ridge Asset Management LLC bought a new position in Everi during the 1st quarter worth about $41,000. Institutional investors own 87.99% of the company’s stock.
In related news, Director Geoffrey P. Judge sold 5,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $8.00, for a total value of $40,000.00. Following the transaction, the director now owns 99,672 shares of the company’s stock, valued at approximately $797,376. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.70% of the company’s stock.
Everi Company Profile
Everi Holdings Inc provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and FinTech. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment.
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