A new trading day began on Friday, with Everi Holdings Inc (NYSE: EVRI) stock price down -0.23% from the previous day of trading, before settling in for the closing price of $13.32. EVRI’s price has ranged from $6.37 to $13.33 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 15.63% over the last five years. Meanwhile, its annual earnings per share averaged -42.38%. With a float of $82.78 million, this company’s outstanding shares have now reached $83.74 million.
The firm has a total of 2200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 72.58%, operating margin of 18.57%, and the pretax margin is 6.62%.
Everi Holdings Inc (EVRI) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gambling Industry. The insider ownership of Everi Holdings Inc is 3.80%, while institutional ownership is 87.75%. The most recent insider transaction that took place on Sep 10 ’24, was worth 982,500. In this transaction EVP, FinTech Business Leader of this company sold 75,000 shares at a rate of $13.10, taking the stock ownership to the 190,425 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Officer proposed sale 75,000 for $13.00, making the entire transaction worth $975,000.
Everi Holdings Inc (EVRI) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.29 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -42.38% 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 40.40% growth over the previous five years of trading.
Everi Holdings Inc (NYSE: EVRI) Trading Performance Indicators
Here are Everi Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46. Likewise, its price to free cash flow for the trailing twelve months is 13.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.47, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.74 in one year’s time.
Technical Analysis of Everi Holdings Inc (EVRI)
Analysing the last 5-days average volume posted by the [Everi Holdings Inc, EVRI], we can find that recorded value of 0.57 million was lower than the volume posted last year of 1.48 million. As of the previous 9 days, the stock’s Stochastic %D was 84.36%. Additionally, its Average True Range was 0.06.
During the past 100 days, Everi Holdings Inc’s (EVRI) raw stochastic average was set at 98.58%, which indicates a significant increase from 61.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.80% in the past 14 days, which was lower than the 62.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.09, while its 200-day Moving Average is $10.31. Now, the first resistance to watch is $13.36. This is followed by the second major resistance level at $13.42. The third major resistance level sits at $13.46. If the price goes on to break the first support level at $13.26, it is likely to go to the next support level at $13.22. Should the price break the second support level, the third support level stands at $13.16.
Everi Holdings Inc (NYSE: EVRI) Key Stats
With a market capitalization of 1.14 billion, the company has a total of 84,076K Shares Outstanding. Currently, annual sales are 807,820 K while annual income is 84,000 K. The company’s previous quarter sales were 191,190 K while its latest quarter income was 9,170 K.
