Investing In Everi Holdings Inc (NYSE: EVRI): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed EVERI EXECUTIVE CHAIRMAN OF THE BOARD, MICHAEL RUMBOLZ, ELECTED AMERICAN GAMING ASSOCIATION CHAIRMAN.

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Stocks Info

The company is listed on the NYSE and operates within the Gambling industry segment. At the end of the last regular session, the stock closed at $10.38 and fluctuated between $10.49 as its day high and $10.05 as its day low. The current market capitalization of Everi Holdings Inc is $888.22M. A total of 0.79 million shares were traded on the day, compared to an average of 1.14M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, EVRI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 58 BUYs and 53 SELLs from insiders. Insiders purchased 1,167,329 shares during that period but sold 477,413.

In the most recent transaction, TAYLOR RANDY L bought 5,000 shares of EVRI for 14.27 per share on Aug 29. After the transaction, the President & CEO now owns 522,622 company shares. In a previous transaction on Aug 29, Rumbolz Michael D bought 5,000 shares at 14.20 per share. EVRI shares that Executive Chairman owns now total 1,058,320.

Among the insiders who bought shares, Watson Secil Tabli acquired of 1,000 shares on Aug 18 at a per-share price of $13.36. This resulted in the Director holding 1,000 shares of EVRI after the transaction. In another insider transaction, JUDGE GEOFFREY P sold 10,000 shares at $15.74 per share on Jun 12. Company shares held by the Director now total 61,572.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for EVRI in the last 3 months, the mean price target is $16.00 with high estimates of $18.00 and low estimates of $13.00. In terms of 52-week highs and lows, EVRI has a high of $19.85 and a low of $9.90.

As of this writing, EVRI has an earnings estimate of $0.2 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.22 per share and a lower estimate of $0.17. The company reported an EPS of $0.29 in the last quarter, which was 16.00% higher than expectations of $0.25.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EVRI’s latest balance sheet shows that the firm has $302.01M in Cash & Short Term Investments as of fiscal 2021. There were $987.19M in debt and $471.79M in liabilities at the time. Its Book Value Per Share was $2.83, while its Total Shareholder’s Equity was $174.50M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EVRI is Buy with a score of 5.00.

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