B. Riley Securities raised the price target for the Everi Holdings Inc. (NYSE:EVRI) stock to “a Buy”. The rating was released on April 28, 2021. The research report from BTIG Research has initiated the stock to Buy, with a price target set at $12. The stock was initiated by ROTH Capital, who disclosed in a research note on July 10, 2020, to Buy and set the price objective to $17. In their research brief published September 26, 2019, Macquarie analysts initiated the Everi Holdings Inc. stock to Outperform with a price target of $12.
Historical Earnings Surprises and Revenue Forecasts
It appears that the average earnings per share estimate for the current quarter (ending in Mar 2021) is $0.04. This is an average of 8 analysts’ earnings, where the high earnings per share estimate is $0.08 and the low earnings per share estimate is $0. According to 8 analyst estimates, an average revenue estimate of $121.57M is projected for the current quarter with a high revenue estimate of $127.92M and a low estimate of $117M.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Everi Holdings Inc. (NYSE:EVRI) raised 12.61% to close Wednesday’s market session at $17.95, higher as compared to yesterday’s close. The stock price fluctuated between $15.97 and $17.97 throughout the trading session with the volume trading being 3960149 shares, which represented a significant variation when compared to the three months average volume of 1.08 million shares. The firm’s stock price fluctuated 26.32% within the last five trades and 32.08% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 101.01% in the last 6 months and 38.61% was added to its value over the previous 3 months. EVRI stock is trading at a margin of 23.99%, 22.50% and 60.82% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, EVRI deals in the Consumer Cyclical domain. The stock is trading 12.26 percent below its 52-week high and 372.21 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 248.99. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Everi Holdings Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -3.30 percent and the profit margin is -21.30 percent, and the company has reported a gross margin of 82.80 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $1.51 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 34.39. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 3.93 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 1.40 percent of Everi Holdings Inc. shares are owned by insiders, and 90.10 percent are held by financial institutions. Rumbolz Michael D, the CEO at Everi Holdings Inc. (EVRI) has sold 40,000 shares of firm on Mar 02 at a price of $15.76 against the total amount of $0.63 million. In another inside trade, TAYLOR RANDY L, President & COO of Everi Holdings Inc. (NYSE:EVRI) sold 16,875 shares of the firm on Mar 02 for a total worth of $0.27 million at a price of $15.76. An inside trade which took place on Mar 02, SVP, CAO of Everi Holdings Inc. VALLI TODD A. sold 4,959 shares of firm against total price of $78352.0 at the cost of $15.80 per share.