Everi (EVRI) Stock Price, News & Analysis

Company Overview

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. It also provides financial access services, such as funds dispensed and transmitted, credit card and POS debit card financial access transactions; check warranty; CashClub, a software payments platform that provides gaming operators with a personal computer workstation software user interface and point-of-sale terminal; CashClub Wallet, a digital payments platform for gaming operators; fully integrated kiosks that provide multiple functions to gaming operators on their casino floors; loyalty kiosk and related equipment; and other integrated kiosk solutions. In addition, the company offers non-funds dispensing terminals that perform authorizations for credit card financial access and POS debit card financial access transactions; and ancillary marketing and database services. Further, it provides Everi Compliance, a anti-money laundering management tool; Central Credit, a gaming patron credit bureau service; JackpotXpress, a jackpot payout and tax form management platform; and Loyalty platform, a software platform to adopt and deliver new promotional strategies, as well as support and maintenance services. It offers products for the casino, sports, entertainment, and hospitality industries. The company was formerly known as Global Cash Access Holdings, Inc. and changed its name to Everi Holdings Inc. in August 2015. Everi Holdings Inc. was founded in 1998 and is based in Las Vegas, Nevada.

Key Stats

• Today's Range: $13.47 to $13.53
• 50-Day Range: $13.25 to $13.50
• 52-Week Range: $6.37 to $13.53
• Volume: 1.10 million shs
• Average Volume: 1.31 million shs
• Market Capitalization: $1.16 billion
• P/E Ratio: 89.94
• Dividend Yield: N/A
• Price Target: $12.88
• Consensus Rating: Hold

Everi Stock Analysis - MarketRank™

Everi scored higher than 43% of companies evaluated by MarketBeat, and ranked 205th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Everi has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Everi has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 100.00%

Earnings Growth

Earnings for Everi are expected to grow by 100.00% in the coming year, from $0.29 to $0.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Everi is 89.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Everi is 89.94, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.29.

Price to Book Value per Share Ratio

Everi has a P/B Ratio of 5.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.85% of the float of Everi has been sold short.

Short Interest Ratio / Days to Cover

Everi has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Everi has recently decreased by 7.78%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Everi does not currently pay a dividend.

Dividend Growth

Everi does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.85% of the float of Everi has been sold short.

Short Interest Ratio / Days to Cover

Everi has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Everi has recently decreased by 7.78%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.01

News Sentiment

Everi has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Everi this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for EVRI on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

3 people have added Everi to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Everi insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,435,636.00 in company stock.

Percentage Held by Insiders

Only 6.40% of the stock of Everi is held by insiders.

Percentage Held by Institutions

95.47% of the stock of Everi is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EVRI Stock Analysis - Frequently Asked Questions

How have EVRI shares performed this year?

Everi's stock was trading at $11.27 at the beginning of 2024. Since then, EVRI stock has increased by 19.7% and is now trading at $13.49.
View the best growth stocks for 2024 here.

How were Everi's earnings last quarter?

Everi Holdings Inc. (NYSE:EVRI) released its quarterly earnings results on Wednesday, May, 8th. The credit services provider reported $0.05 EPS for the quarter, missing the consensus estimate of $0.17 by $0.12. The business's revenue for the quarter was down 5.6% compared to the same quarter last year.

Does Everi have any subsidiaries?

Everi subsidiaries include Micro Gaming Technologies Inc.

Who are Everi's major shareholders?

Top institutional shareholders of Everi include Glazer Capital LLC (2.96%), Alpine Associates Management Inc. (2.19%), Geode Capital Management LLC (2.16%) and ArrowMark Colorado Holdings LLC (2.02%). Insiders that own company stock include Randy L Taylor, David Lucchese, Mark F Labay, Darren Simmons, Geoffrey P Judge, Kate C Lowenhar-Fisher, Todd A Valli, Secil Tabli Watson and Linster W Fox.
View institutional ownership trends.

How do I buy shares of Everi?

Shares of EVRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Everi own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Everi investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Tesla (TSLA), Netflix (NFLX) and Intel (INTC).

Company Calendar

• Last Earnings: 5/08/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Miscellaneous amusement & recreation services
• Sub-Industry: Data Processing & Outsourced Services
• Current Symbol: NYSE:EVRI
• CUSIP: 37896710
• CIK: 1318568
• Web: www.everi.com
• Phone: (800) 833-7110
• Fax: 866-672-4371
• Employees: 2,200
• Year Founded: 1998

Price Target and Rating

• Average Stock Price Target: $12.88
• High Stock Price Target: $14.25
• Low Stock Price Target: $10.00
• Potential Upside/Downside: -4.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.15
• Trailing P/E Ratio: 89.94
• Forward P/E Ratio: 46.52
• P/E Growth: N/A
• Net Income: $84 million
• Net Margins: 1.72%
• Pretax Margin: 1.58%
• Return on Equity: 5.47%
• Return on Assets: 0.62%

Debt

• Debt-to-Equity Ratio: 3.84
• Current Ratio: 1.06
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $760.42 million
• Price / Sales: 1.53
• Cash Flow: $2.75 per share
• Price / Cash Flow: 4.91
• Book Value: $2.64 per share
• Price / Book: 5.11

Miscellaneous

• Outstanding Shares: 86,247,000
• Free Float: 80,727,000
• Market Cap: $1.16 billion
• Optionable: Optionable
• Beta: 2.07