Based on several research reports, Company shares were Initiated by Telsey Advisory Group on Mar 15, 2017 to "Outperform", Firm has raised the Price Target to $ 6 from a previous price target of $2.50. That suggests shares of the stock may have another 19 percent to the upside left to run.
A number of other brokerages also recently commented on EVRI.
Everi Holdings Inc. (NYSE:EVRI) yearly performance is 74.59% and net profit margin is -14.00%.
05/11/2016 - Everi Holdings Inc. had its "buy" rating reiterated by analysts at Sterne Agee. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock.
The stock's price switched up 22.08% 20-Days Simple Moving Average, added 35.91% from 50-Days Simple Moving Average and rose 76.72% from 200 Days Simple Moving Average. The company's last traded volume of 1.52 million shares as compared to it's an average volume of 0.37 million shares. The 52-week high of the shares is $4.31 and the 52 week low is $1.13. From a summary standpoint, we track the median one-year price target among 3 analysts covering the company at $5.00.
Everi Holdings (NYSE:EVRI) last released its quarterly earnings results on Tuesday, March 14th. Analysts had estimated an EPS of $-0.19. Everi Holdings has a one year low of $1.13 and a one year high of $4.47. The company earned $217.50 million during the quarter, compared to analysts' expectations of $211.68 million.
The Company has 66.68 million shares outstanding and 65.05 million shares were floated in market.
EPS in next five year years is expected to touch 20.00% while EPS growth in past 5 year was -52.10% along with sales growth of 6.40% in the last five years. Everi Holdings Inc. (EVRI) reported that it has entered into a binding settlement contract with its former President and Chief Executive Officer, Ram V. Chary.
05/06/2016 - Everi Holdings Inc. had its "buy" rating reiterated by analysts at Stifel Nicolaus. Wells Fargo & Company MN increased its position in shares of Everi Holdings by 118.4% in the third quarter.
Here we discussed analysts opinions what they said about Everi Holdings Inc. Finally, Raging Capital Management LLC bought a new stake in shares of Everi Holdings during the fourth quarter worth $324,000. The 52-week range of the share price is from $1.13 - $4.31. Wells Fargo & Company MN now owns 63,451 shares of the company's stock valued at $157,000 after buying an additional 34,404 shares during the period. The volatility in the previous week has experienced by 8.13% and observed of 5.36% in the previous month.69.00% ownership is held by institutional investors while insiders hold ownership of 0.40%.
Everi Holdings is dedicated to providing video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions and compliance and efficiency software.