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: $13.13 to $13.19
• 50-Day Range: $8.17 to $13.18
• 52-Week Range: $6.37 to $14.03
• Volume: 1.44 million shs
• Average Volume: 1.56 million shs
• Market Capitalization: $1.10 billion
• P/E Ratio: 20.22
• Dividend Yield: N/A
• Price Target: $13.50
• Consensus Rating: Hold

Everi Stock Analysis - MarketRank™

Everi scored higher than 55% of companies evaluated by MarketBeat, and ranked 13th out of 23 stocks in the consumer cyclical 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 only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 53.06%

Earnings Growth

Earnings for Everi are expected to grow by 53.06% in the coming year, from $0.49 to $0.75 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Everi is 20.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Everi is 20.22, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 363.55.

Price to Book Value per Share Ratio

Everi has a P/B Ratio of 4.98. 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

3.51% 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 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Everi has recently decreased by 2.70%, indicating that investor sentiment is improving.

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

3.51% 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 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Everi has recently decreased by 2.70%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.78

News Sentiment

Everi has a news sentiment score of 0.78. 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 0.33 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Everi this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for EVRI on MarketBeat in the last 30 days. This is a decrease of -50% 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 $1,713,281.00 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 start of the year. Since then, EVRI stock has increased by 16.6% and is now trading at $13.14.
View the best growth stocks for 2024 here.

How were Everi's earnings last quarter?

Everi Holdings Inc. (NYSE:EVRI) posted its quarterly earnings results on Wednesday, August, 7th. The credit services provider reported $0.11 earnings per share for the quarter, hitting analysts' consensus estimates of $0.11. The credit services provider earned $191.19 million during the quarter, compared to the consensus estimate of $190 million. Everi had a net margin of 5.42% and a trailing twelve-month return on equity of 17.86%.

Does Everi have any subsidiaries?

Everi subsidiaries include these companies: Micro Gaming Technologies Inc.

Who are Everi's major shareholders?

Top institutional investors of Everi include Clearbridge Investments LLC (3.31%), American Century Companies Inc. (3.02%), Dimensional Fund Advisors LP (0.85%) and Burgundy Asset Management Ltd. (0.81%). 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 Ronald V Congemi.
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 Inovio Pharmaceuticals (INO), Matinas BioPharma (MTNB), Organigram (OGI), New Residential Investment (NRZ), General Electric (GE), ADMA Biologics (ADMA) and Dynavax Technologies (DVAX).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 9/22/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Cyclical
• Industry: Gambling
• 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: $13.50
• High Stock Price Target: $16.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +2.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.65
• Trailing P/E Ratio: 20.22
• Forward P/E Ratio: 26.82
• P/E Growth: N/A
• Net Income: $84 million
• Net Margins: 5.42%
• Pretax Margin: 6.64%
• Return on Equity: 17.86%
• Return on Assets: 2.06%

Debt

• Debt-to-Equity Ratio: 3.94
• Current Ratio: 1.05
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $779.17 million
• Price / Sales: 1.42
• Cash Flow: $2.75 per share
• Price / Cash Flow: 4.78
• Book Value: $2.64 per share
• Price / Book: 4.98

Miscellaneous

• Outstanding Shares: 84,076,000
• Free Float: 78,695,000
• Market Cap: $1.10 billion
• Optionable: Optionable
• Beta: 2.15