Research Analysts Set Expectations for Everi Q1 Earnings

Everi Holdings Inc. (NYSE:EVRI) – Research analysts at B. Riley increased their Q1 2025 earnings per share estimates for Everi in a research report issued on Sunday, November 3rd. B. Riley analyst D. Bain now expects that the credit services provider will post earnings of $0.18 per share for the quarter, up from their previous estimate of $0.17. B. Riley currently has a “Neutral” rating and a $14.25 target price on the stock. The consensus estimate for Everi’s current full-year earnings is $0.49 per share.

Everi (NYSE:EVRI) last issued its quarterly earnings data on Wednesday, August 7th. The credit services provider reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. The business had revenue of $191.19 million during the quarter, compared to analysts’ expectations of $190.00 million. Everi had a net margin of 5.42% and a return on equity of 17.86%.

Several other research firms also recently weighed in on EVRI. StockNews.com assumed coverage on Everi in a research report on Saturday, November 2nd. They set a “hold” rating on the stock. Truist Financial lowered their target price on shares of Everi from $11.00 to $10.00 and set a “hold” rating for the company in a report on Thursday, July 18th. Stifel Nicolaus reissued a “hold” rating and issued a $14.25 price objective (up from $11.00) on shares of Everi in a research report on Wednesday, July 31st. Finally, Raymond James reissued a “market perform” rating on shares of Everi in a research note on Monday, July 29th. Six analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.50.

Everi Trading Up 0.1 %

Shares of NYSE EVRI opened at $13.37 on Wednesday. The stock has a market capitalization of $1.15 billion, a P/E ratio of 28.45 and a beta of 2.13. Everi has a 1-year low of $6.37 and a 1-year high of $13.44. The business’s 50 day moving average is $13.19 and its two-hundred day moving average is $10.65. The company has a debt-to-equity ratio of 3.94, a current ratio of 1.05 and a quick ratio of 0.95.

Institutional Trading of Everi

Several hedge funds and other institutional investors have recently bought and sold shares of EVRI. CWM LLC lifted its position in shares of Everi by 117.5% during the second quarter. CWM LLC now owns 3,512 shares of the credit services provider’s stock valued at $30,000 after buying an additional 1,897 shares during the last quarter. Oxford Financial Group LTD. LLC lifted its position in Everi by 4.3% during the first quarter. Oxford Financial Group LTD. LLC now owns 48,420 shares of the credit services provider’s stock valued at $487,000 after acquiring an additional 2,000 shares during the last quarter. SummerHaven Investment Management LLC boosted its stake in Everi by 4.6% in the second quarter. SummerHaven Investment Management LLC now owns 53,078 shares of the credit services provider’s stock valued at $446,000 after acquiring an additional 2,347 shares in the last quarter. Quarry LP grew its holdings in Everi by 38.9% in the second quarter. Quarry LP now owns 10,230 shares of the credit services provider’s stock worth $86,000 after purchasing an additional 2,864 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in Everi by 2,428.6% in the second quarter. Signaturefd LLC now owns 3,186 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 3,060 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Insider Buying and Selling

In other news, EVP Darren Simmons sold 75,000 shares of Everi stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $13.10, for a total transaction of $982,500.00. Following the completion of the sale, the executive vice president now owns 190,425 shares of the company’s stock, valued at approximately $2,494,567.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Darren Simmons sold 75,000 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $13.10, for a total transaction of $982,500.00. Following the transaction, the executive vice president now owns 190,425 shares of the company’s stock, valued at approximately $2,494,567.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mark F. Labay sold 10,645 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $12.95, for a total value of $137,852.75. Following the transaction, the chief financial officer now owns 192,426 shares in the company, valued at approximately $2,491,916.70. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 131,417 shares of company stock valued at $1,713,281 in the last 90 days. Company insiders own 6.40% of the company’s stock.

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.