Everi Holdings Inc. (NYSE:EVRI - Free Report) - Investment analysts at B. Riley lifted their Q1 2025 earnings per share estimates for shares of 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 of $0.18 per share for the quarter, up from their prior estimate of $0.17. B. Riley has a "Neutral" rating and a $14.25 price objective 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 earnings results on Wednesday, August 7th. The credit services provider reported $0.11 EPS for the quarter, hitting analysts' consensus estimates of $0.11. Everi had a return on equity of 17.86% and a net margin of 5.42%. The firm had revenue of $191.19 million during the quarter, compared to the consensus estimate of $190.00 million.
Other research analysts have also recently issued research reports about the stock. Truist Financial reduced their target price on shares of Everi from $11.00 to $10.00 and set a "hold" rating for the company in a report on Thursday, July 18th. Raymond James reiterated a "market perform" rating on shares of Everi in a research note on Monday, July 29th. Stifel Nicolaus reaffirmed a "hold" rating and set a $14.25 target price (up from $11.00) on shares of Everi in a report on Wednesday, July 31st. Finally, StockNews.com assumed coverage on Everi in a research report on Saturday. They set a "hold" rating for the company. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat, Everi currently has a consensus rating of "Hold" and an average target price of $13.50.
Check Out Our Latest Analysis on Everi
Shares of NYSE:EVRI opened at $13.35 on Wednesday. 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 $13.40. The company's 50 day moving average is $13.19 and its 200 day moving average is $10.63. The company has a market cap of $1.15 billion, a PE ratio of 28.40 and a beta of 2.13.
Several hedge funds and other institutional investors have recently modified their holdings of EVRI. Signaturefd LLC raised its holdings in Everi by 2,428.6% in the 2nd quarter. Signaturefd LLC now owns 3,186 shares of the credit services provider's stock valued at $27,000 after acquiring an additional 3,060 shares during the last quarter. CWM LLC grew its position in shares of Everi by 117.5% in the second quarter. CWM LLC now owns 3,512 shares of the credit services provider's stock valued at $30,000 after purchasing an additional 1,897 shares in the last quarter. Quarry LP grew its position in shares of Everi by 38.9% in the second quarter. Quarry LP now owns 10,230 shares of the credit services provider's stock valued at $86,000 after purchasing an additional 2,864 shares in the last quarter. Magnetar Financial LLC purchased a new position in Everi during the second quarter worth approximately $104,000. Finally, Meeder Asset Management Inc. acquired a new position in Everi during the second quarter worth $118,000. 95.47% of the stock is owned by hedge funds and other institutional investors.
In other news, CFO Mark F. Labay sold 10,645 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $12.95, for a total transaction of $137,852.75. Following the transaction, the chief financial officer now owns 192,426 shares in the company, valued at $2,491,916.70. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CFO Mark F. Labay sold 10,645 shares of Everi stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 192,426 shares of the company's stock, valued at $2,491,916.70. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 completion of 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 represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 131,417 shares of company stock worth $1,713,281. 6.40% of the stock is owned by corporate insiders.
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.
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