Everi (EVRI) to Release Quarterly Earnings on Thursday

Everi (NYSE:EVRI) will likely be releasing its earnings data before the market opens on Thursday, March 6th. Analysts expect Everi to post earnings of $0.08 per share and revenue of $195.98 million for the quarter.

Everi Stock Down 0.1 %

Everi stock opened at $13.77 on Thursday. The company has a market capitalization of $1.19 billion, a PE ratio of 91.81 and a beta of 2.05. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.97 and a current ratio of 1.06. Everi has a fifty-two week low of $6.37 and a fifty-two week high of $13.83. The firm has a 50 day moving average price of $13.61 and a 200 day moving average price of $13.37.

Insider Activity at Everi

In related news, Director Geoffrey P. Judge sold 4,000 shares of Everi stock in a transaction on Friday, December 6th. The shares were sold at an average price of $13.50, for a total value of $54,000.00. Following the transaction, the director now directly owns 91,572 shares in the company, valued at $1,236,222. This trade represents a 4.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Michael D. Rumbolz sold 50,000 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $13.47, for a total transaction of $673,500.00. Following the completion of the transaction, the chairman now directly owns 1,032,062 shares in the company, valued at $13,901,875.14. This represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 189,476 shares of company stock worth $2,552,716 in the last quarter. Company insiders own 6.40% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Everi in a report on Saturday, February 22nd. They issued a “hold” rating on the stock. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $12.88.

Everi Company Profile

Everi Holdings Inc develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.