B. Riley comments on Everi Holdings Inc.’s third quarter 2021 results (NYSE: EVRI)

Everi Holdings Inc. (NYSE: EVRI) – Research analysts at B. Riley increased their estimates of third quarter 2021 earnings per share for Everi shares in a note to investors on Thursday, August 5. B. Riley analyst D. Bain now expects the credit services provider to post earnings per share of $ 0.36 for the quarter, up from its previous estimate of $ 0.29. B. Riley currently has a “Buy” rating and a target share price of $ 39.00. B. Riley also released estimates for Everi’s Q4 2021 earnings at $ 0.34 EPS, FY2021 earnings at $ 1.32 EPS, Q1 2022 earnings at $ 0.34 EPS, Q2 2022 earnings at $ 0.44 EPS, Q3 2022 earnings at $ 0.39 EPS, Q4 2022 earnings at $ 0.37 EPS, T1 2023 earnings at $ 0.35 EPS, Q2 2023 earnings at $ 0.49 EPS and FY2023 earnings at $ 1.72 EPS.

A number of other research companies have also recently commented on EVRI. Jefferies Financial Group assumed cover of Everi in a research note on Tuesday, July 6. They issued a “buy” note and a price target of $ 30.00 for the company. Zacks investment research upgraded Everi from a “keep” rating to a “buy” rating and set a target price of $ 20.00 on the stock in a research report on Tuesday, May 11. Macquarie raised his price target on Everi from $ 19 to $ 25 in a research report on Thursday, May 6. Raymond James increased his price target on Everi from $ 19.00 to $ 23.00 and gave the company a “strong buy” rating in a report released Thursday, May 6. Finally, TheStreet took Everi from a “d +” rating to a “c +” rating in a report released on Tuesday, May 25. Eight research analysts rated the stock with a buy rating and one gave the stock a strong buy rating. The stock currently has an average rating of “Buy” and an average price target of $ 25.22.

(A d)

The man who called the 2020 crash 45 days early shares “alarming” signals from the stock market today and what that means for August …

Actions of EVRI actions open for $ 22.02 Friday. Everi has a minimum of $ 6.60 over 12 months and a maximum of $ 25.90 over 12 months. The company’s fifty-day simple moving average is $ 23.03. The company has a debt ratio of 64.39, a rapid ratio of 1.35 and a current ratio of 1.43. The company has a market cap of $ 1.94 billion, a P / E ratio of -37.32 and a beta of 2.99. Everi (NYSE: EVRI) last released its quarterly earnings data on Wednesday, August 4. The credit services provider reported earnings per share of $ 0.36 for the quarter, beating analysts’ consensus estimates of $ 0.32 per $ 0.04. Everi recorded a negative return on equity of 13,310.05% and a negative net margin of 11.65%.

In addition, COO Randy L. Taylor sold 49,859 shares of the company in a transaction dated Thursday, July 1. The stock was sold for an average price of $ 25.56, for a total value of $ 1,274,396.04. Following the closing of the transaction, the COO now owns 249,355 shares of the company, valued at approximately $ 6,373,513.80. The transaction has been disclosed in a legal file with the Securities & Exchange Commission, which can be accessed via the SEC website. In addition, principal Eileen F. Raney sold 34,000 shares in a transaction that took place on Friday July 9th. The shares were sold at an average price of $ 23.94, for a total value of $ 813,960.00. Disclosure of this sale can be found here. During the last quarter, insiders sold 124,112 shares of the company valued at $ 3,043,470. 5.80% of the shares are held by insiders of the company.

Several hedge funds have recently bought and sold shares in the company. Gilder Gagnon Howe & Co. LLC increased its position in Everi shares by 5.3% during the 1st quarter. Gilder Gagnon Howe & Co. LLC now owns 1,902,887 shares of the credit service provider valued at $ 26,850,000 after acquiring an additional 95,876 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Everi by 2.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 774,227 shares of the credit service provider valued at $ 10,924,000 after purchasing an additional 21,506 shares in the last quarter. Emerald Mutual Fund Advisers Trust increased its stake in Everi shares by 18.1% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 1,794,723 shares of the credit service provider valued at $ 25,324,000 after purchasing an additional 274,982 shares during the period. Full18 Capital LLC acquired a new stake in Everi shares during the 1st quarter valued at approximately $ 978,000. Finally, Coe Capital Management LLC acquired a new stake in Everi shares during the 1st quarter valued at approximately $ 141,000. Institutional investors and hedge funds hold 87.45% of the company’s shares.

About Everi

Everi Holdings, Inc is committed to providing technology solutions to the casino, interactive gaming and gaming industry. It operates through the following segments: Games and FinTech. The Games segment is focused on rental gaming equipment, the sale of gaming equipment, gaming systems, interactive solutions and ancillary products and services.

Recommended Story: Why is the ex-dividend date different from the record date?

History and earnings estimates for Everi (NYSE: EVRI)

This instant news alert was powered by storytelling technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Everi now?

Before you consider Everi, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes over … and Everi was not on the list.

While Everi currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here


Source link