B. Riley Research Analysts Lift Earnings Estimates for Everi

Everi Holdings Inc. (NYSE:EVRI - Free Report) - Equities research analysts at B. Riley upped their Q1 2025 earnings per share (EPS) estimates for Everi in a note issued to investors on Sunday, November 3rd. B. Riley analyst D. Bain now anticipates that the credit services provider will post earnings per share of $0.18 for the quarter, up from their previous forecast of $0.17. B. Riley has a "Neutral" rating and a $14.25 price target on the stock. The consensus estimate for Everi's current full-year earnings is $0.49 per share.

Everi (NYSE:EVRI - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The credit services provider reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. Everi had a net margin of 5.42% and a return on equity of 17.86%. The company had revenue of $191.19 million for the quarter, compared to analysts' expectations of $190.00 million.

A number of other equities analysts have also recently issued reports on EVRI. Raymond James reiterated a "market perform" rating on shares of Everi in a report on Monday, July 29th. Truist Financial lowered their target price on shares of Everi from $11.00 to $10.00 and set a "hold" rating on the stock in a report on Thursday, July 18th. StockNews.com initiated coverage on Everi in a research note on Saturday. They set a "hold" rating for the company. Finally, Stifel Nicolaus reissued a "hold" rating and issued a $14.25 price objective (up from $11.00) on shares of Everi in a research note on Wednesday, July 31st. Six investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $13.50.

Everi Stock Up 0.1 %

EVRI stock traded up $0.02 during trading on Wednesday, reaching $13.37. 642,969 shares of the stock were exchanged, compared to its average volume of 1,423,076. The company has a current ratio of 1.05, a quick ratio of 0.95 and a debt-to-equity ratio of 3.94. Everi has a twelve month low of $6.37 and a twelve month high of $13.44. The firm's 50 day moving average is $13.19 and its 200 day moving average is $10.63. The firm has a market cap of $1.15 billion, a P/E ratio of 28.43 and a beta of 2.13.

Insider Transactions at Everi

In other Everi news, CFO Mark F. Labay sold 10,645 shares of the company's stock in a transaction on Friday, August 9th. The stock was sold at an average price of $12.95, for a total value of $137,852.75. Following the completion of the transaction, the chief financial officer now owns 192,426 shares in the company, valued at $2,491,916.70. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Mark F. Labay sold 10,645 shares of Everi stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $12.95, for a total value of $137,852.75. Following the sale, the chief financial officer now owns 192,426 shares of the company's stock, valued at approximately $2,491,916.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Darren Simmons sold 75,000 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $13.10, for a total value of $982,500.00. Following the transaction, the executive vice president now directly owns 190,425 shares of the company's stock, valued at approximately $2,494,567.50. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 131,417 shares of company stock worth $1,713,281 in the last 90 days. Insiders own 6.40% of the company's stock.

Institutional Investors Weigh In On Everi

Several institutional investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC boosted its holdings in shares of Everi by 44.5% in the first quarter. Janney Montgomery Scott LLC now owns 48,014 shares of the credit services provider's stock worth $483,000 after acquiring an additional 14,783 shares during the period. Susquehanna Fundamental Investments LLC purchased a new position in Everi during the 1st quarter valued at about $1,168,000. Sei Investments Co. increased its position in shares of Everi by 13.7% during the first quarter. Sei Investments Co. now owns 546,745 shares of the credit services provider's stock valued at $5,495,000 after buying an additional 66,033 shares during the period. Vanguard Group Inc. boosted its position in shares of Everi by 3.3% in the first quarter. Vanguard Group Inc. now owns 7,415,161 shares of the credit services provider's stock valued at $74,522,000 after acquiring an additional 236,652 shares during the period. Finally, Clearbridge Investments LLC grew its stake in Everi by 2.2% during the first quarter. Clearbridge Investments LLC now owns 1,503,071 shares of the credit services provider's stock valued at $15,106,000 after acquiring an additional 31,684 shares in the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

About Everi

Everi Holdings Inc develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.