Everi Holdings Inc. (NYSE:EVRI) Receives $12.88 Consensus PT from Analysts

Shares of Everi Holdings Inc. (NYSE:EVRI - Get Free Report) have been assigned an average recommendation of "Hold" from the five analysts that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $12.88.

Separately, StockNews.com began coverage on shares of Everi in a research report on Friday, December 20th. They issued a "hold" rating for the company.

Everi Price Performance

Shares of NYSE:EVRI traded up $0.02 during midday trading on Thursday, reaching $13.52. The company's stock had a trading volume of 293,527 shares, compared to its average volume of 1,299,856. The business's fifty day simple moving average is $13.41 and its 200-day simple moving average is $12.07. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.97. Everi has a fifty-two week low of $6.37 and a fifty-two week high of $13.53. The company has a market capitalization of $1.17 billion, a P/E ratio of 90.14 and a beta of 2.07.

Insiders Place Their Bets

In other Everi news, CFO Mark F. Labay sold 50,000 shares of the company's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $13.38, for a total value of $669,000.00. Following the completion of the sale, the chief financial officer now owns 142,426 shares of the company's stock, valued at approximately $1,905,659.88. This represents a 25.98 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Geoffrey P. Judge sold 4,000 shares of Everi stock in a transaction on Friday, December 6th. The stock was sold at an average price of $13.50, for a total transaction of $54,000.00. Following the transaction, the director now directly owns 91,572 shares in the company, valued at approximately $1,236,222. This represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 255,476 shares of company stock valued at $3,435,636. 6.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Everi

Large investors have recently modified their holdings of the business. Stifel Financial Corp lifted its position in Everi by 12.2% in the 3rd quarter. Stifel Financial Corp now owns 13,059 shares of the credit services provider's stock valued at $172,000 after acquiring an additional 1,423 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Everi by 6.6% in the third quarter. Franklin Resources Inc. now owns 41,542 shares of the credit services provider's stock valued at $550,000 after purchasing an additional 2,564 shares in the last quarter. Quarry LP boosted its position in shares of Everi by 38.9% during the second quarter. Quarry LP now owns 10,230 shares of the credit services provider's stock worth $86,000 after buying an additional 2,864 shares during the period. Signaturefd LLC grew its holdings in shares of Everi by 2,428.6% during the second quarter. Signaturefd LLC now owns 3,186 shares of the credit services provider's stock worth $27,000 after buying an additional 3,060 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Everi by 3.7% in the 2nd quarter. Rhumbline Advisers now owns 125,137 shares of the credit services provider's stock valued at $1,051,000 after buying an additional 4,486 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.

Everi Company Profile

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.