Everi (EVRI) to Release Earnings on Thursday

Everi (NYSE:EVRI) is expected to post its quarterly earnings results 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 0.3 %

Shares of Everi stock opened at $13.72 on Wednesday. The business’s fifty day moving average price is $13.63 and its two-hundred day moving average price is $13.39. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.97. The company has a market capitalization of $1.18 billion, a P/E ratio of 91.44 and a beta of 2.05. Everi has a 1-year low of $6.37 and a 1-year high of $13.83.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Everi in a research note on Sunday. They set a “hold” rating on the stock. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $12.83.

Insider Activity

In other news, Director Geoffrey P. Judge sold 4,000 shares of the business’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $13.50, for a total transaction of $54,000.00. Following the sale, the director now directly owns 91,572 shares of the company’s stock, valued at $1,236,222. The trade was a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Darren Simmons sold 50,000 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $13.46, for a total value of $673,000.00. Following the sale, the executive vice president now directly owns 140,425 shares in the company, valued at $1,890,120.50. This trade represents a 26.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 139,476 shares of company stock worth $1,879,216. 6.40% of the stock is owned by company insiders.

About Everi

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.