Everi Holdings Inc. (NYSE: EVRI) kicked off on May 23, 2023, at the price of $14.98, down -1.59% from the previous trading day. During the day, the shares moved up to $15.275 and dropped to $14.805 before settling in for the closing price of $15.08. Over the past 52 weeks, EVRI has traded in a range of $13.52-$21.11.
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Annual sales at Consumer Cyclical sector company slipped by -4.30% over the past five years. While this was happening, its average annual earnings per share was recorded -19.20%. With a float of $86.92 million, this company’s outstanding shares have now reached $88.36 million.
Let’s look at the performance matrix of the company that is accounted for 2000 employees. In terms of profitability, gross margin is +61.97, operating margin of +26.94, and the pretax margin is +19.90.
Everi Holdings Inc. (EVRI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Gambling Industry. The insider ownership of Everi Holdings Inc. is 1.60%, while institutional ownership is 90.10%. The most recent insider transaction that took place on Mar 03, was worth 714,587. In this transaction EVP, Sales, Marketing, Digital of this company sold 38,398 shares at a rate of $18.61, taking the stock ownership to the 167,287 shares. Before that another transaction happened on Mar 03, when Company’s Director sold 6,000 for $18.58, making the entire transaction worth $111,480. This insider now owns 61,572 shares in total.
Everi Holdings Inc. (EVRI) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported $0.3 earnings per share (EPS), higher than consensus estimate (set at $0.22) by $0.08. This company achieved a net margin of +15.21 while generating a return on equity of 61.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -19.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 25.50% growth over the previous five years of trading.
Everi Holdings Inc. (NYSE: EVRI) Trading Performance Indicators
Take a look at Everi Holdings Inc.’s (EVRI) current performance indicators. Last quarter, stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.60. Likewise, its price to free cash flow for the trailing twelve months is 7.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.22, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.23 in one year’s time.
Technical Analysis of Everi Holdings Inc. (EVRI)
Everi Holdings Inc. (NYSE: EVRI) saw its 5-day average volume 1.19 million, a positive change from its year-to-date volume of 0.76 million. As of the previous 9 days, the stock’s Stochastic %D was 25.93%. Additionally, its Average True Range was 0.61.
During the past 100 days, Everi Holdings Inc.’s (EVRI) raw stochastic average was set at 15.37%, which indicates a significant increase from 12.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.11% in the past 14 days, which was higher than the 31.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.87, while its 200-day Moving Average is $17.01. Nevertheless, the first resistance level for the watch stands at $15.14 in the near term. At $15.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.61. If the price goes on to break the first support level at $14.67, it is likely to go to the next support level at $14.50. Assuming the price breaks the second support level, the third support level stands at $14.20.
Everi Holdings Inc. (NYSE: EVRI) Key Stats
The company with the Market Capitalisation of 1.29 billion has total of 89,042K Shares Outstanding. Its annual sales at the moment are 782,520 K in contrast with the sum of 120,490 K annual income. Company’s last quarter sales were recorded 200,470 K and last quarter income was 28,070 K.
