Do Analysts Recommend You Should Buy Everi Holdings Inc. (EVRI) Stock?

On Wednesday, shares of Everi Holdings Inc. (NYSE:EVRI) marked $13.29 per share versus a previous $12.85 closing price. With having a 3.42% gain, an insight into the fundamental values of Everi Holdings Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. EVRI showed a fall of -1.04% within its YTD performance, with highs and lows between $7.18 – $13.94 during the period of 52 weeks, compared to the simple moving average of 18.98% in the period of the last 200 days.

Macquarie equity researchers changed the status of Everi Holdings Inc. (NYSE: EVRI) shares to a “Outperform” rating in the report published on September 26th, 2019. Other analysts, including SunTrust, also published their reports on EVRI shares. SunTrust repeated the rating from the previous report, marking EVRI under “Buy” rating, in the report published on February 11th, 2019. Additionally, EVRI shares got another “Strong Buy” rating from Raymond James, setting a target price of $11 on the company’s shares, according to the report published in November 30th, 2018. On March 14th, 2018, Telsey Advisory Group Initiated an Outperform rating and increased its price target to $10. On the other hand, Jefferies Initiated the “Buy” rating for EVRI shares, as published in the report on February 20th, 2018. Stifel seems to be going bullish on the price of EVRI shares, based on the price prediction for EVRI, indicating that the shares will jump from $10 to $10, giving the shares “Buy” rating based on their report from October 9th, 2017. Another “Buy” rating came from Stifel, providing a prediction for $10 price target according to the report published in August 9th, 2017.

Everi Holdings Inc. (EVRI) Analysis

The present dividend yield for EVRI owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Everi Holdings Inc., the company needs to provide a healthy cash flow, currently at the value of 5.30. In addition, the growth of sales from quarter to quarter is recording 11.90%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Everi Holdings Inc. (EVRI) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -27.50% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.00 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while EVRI is currently recording an average of 995.95K in volumes. The volatility of the stock on monthly basis is set at 2.91%, while the weekly volatility levels are marked at 2.90%with 1.53% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $15.43, indicating growth from the present price of $13.29, which can represent yet another valuable research and analysis points that can help you decide whether to invest in EVRI or pass.

What to Look for When Analyzing Everi Holdings Inc. Shares?

Everi Holdings Inc. (EVRI) is based in the USA and it represents one of the well-known company operating with Services sector. If you wish to compare EVRI shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 41.40 for Everi Holdings Inc., while the value 24.84 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.32 is supported by the yearly ESP growth of 113.70%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.60%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 79.90% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in EVRI Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in EVRI in the recent period. That is how Indaba Capital Management LP now has an increase position in EVRI by 0.00% in the first quarter, owning 7.01 million shares of EVRI stocks, with the value of $87.61 million after the purchase of an additional 0 shares during the last quarter. In the meanwhile, Eagle Asset Management, Inc. also increased their stake in EVRI shares changed 3.90% in the first quarter, which means that the company now owns 6.24 million shares of company, all valued at $77.97 million after the acquisition of additional 233,980 shares during the last quarter.

Carillon Tower Advisers, Inc. acquired a new position in Everi Holdings Inc. during the first quarter, with the value of $56.46 million, and BlackRock Fund Advisors increased their stake in the company’s shares by 2.30% in the first quarter, now owning 99,203 shares valued at $55.06 million after the acquisition of the additional 4.4 million shares during the last quarter. In the end, The Vanguard Group, Inc. increased their position by 52.27% during the first quarter, now owning 3.79 million EVRI shares, now holding the value of $47.33 million in EVRI with the purchase of the additional 162,477 shares during the period of the last quarter. At the present, 79.90% of EVRI shares are in the ownership of institutional investors.