Everi Holdings Inc. (EVRI) Director Buys $77,850.00 in Stock
Everi Holdings Inc. (NYSE:EVRI) Director Eileen F. Raney acquired 9,000 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was purchased at an average cost of $8.65 per share, with a total value of $77,850.00. Following the completion of the acquisition, the director now directly owns 59,000 shares of the company’s stock, valued at approximately $510,350. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Everi Holdings Inc. (NYSE:EVRI) traded up $0.27 during mid-day trading on Wednesday, hitting $8.70. The stock had a trading volume of 699,400 shares, compared to its average volume of 779,120. Everi Holdings Inc. has a 1-year low of $2.08 and a 1-year high of $8.99. The company has a debt-to-equity ratio of -9.13, a current ratio of 0.98 and a quick ratio of 0.91.
Everi Holdings (NYSE:EVRI) last posted its quarterly earnings data on Monday, October 30th. The credit services provider reported ($0.06) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.06. The business had revenue of $247.32 million during the quarter, compared to the consensus estimate of $228.37 million. Everi Holdings had a negative return on equity of 16,159.62% and a negative net margin of 25.82%. The company’s revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.12) earnings per share. sell-side analysts predict that Everi Holdings Inc. will post -0.5 EPS for the current year.
ILLEGAL ACTIVITY WARNING: “Everi Holdings Inc. (EVRI) Director Buys $77,850.00 in Stock” was first published by Watch List News and is the property of of Watch List News. If you are accessing this story on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this story can be read at https://www.watchlistnews.com/everi-holdings-inc-evri-director-buys-77850-00-in-stock/1705740.html.
Several hedge funds and other institutional investors have recently modified their holdings of EVRI. Parametric Portfolio Associates LLC acquired a new stake in shares of Everi Holdings during the first quarter worth $200,000. JPMorgan Chase & Co. acquired a new stake in shares of Everi Holdings during the first quarter worth $160,000. California Public Employees Retirement System lifted its holdings in shares of Everi Holdings by 8.3% during the first quarter. California Public Employees Retirement System now owns 547,800 shares of the credit services provider’s stock worth $2,624,000 after purchasing an additional 42,200 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Everi Holdings by 6.7% during the first quarter. Vanguard Group Inc. now owns 2,640,210 shares of the credit services provider’s stock worth $12,647,000 after purchasing an additional 166,661 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Everi Holdings by 11.7% during the first quarter. Dimensional Fund Advisors LP now owns 3,647,410 shares of the credit services provider’s stock worth $17,471,000 after purchasing an additional 382,176 shares during the period. 85.45% of the stock is owned by hedge funds and other institutional investors.
Several research firms have recently weighed in on EVRI. BidaskClub raised Everi Holdings from a “hold” rating to a “buy” rating in a report on Saturday, September 30th. Zacks Investment Research raised Everi Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 18th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $11.00 price objective on shares of Everi Holdings in a report on Wednesday, November 1st. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Everi Holdings presently has a consensus rating of “Buy” and a consensus price target of $7.33.
About Everi Holdings
Everi Holdings Inc is a holding company. The Company operates through subsidiaries, including Everi Games Holding Inc (Everi Games Holding) and Everi Payments Inc (Everi Payments or Payments). The Company operates through two segments: Games and Payments. The Company provides video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions, and compliance and efficiency software.
Receive News & Ratings for Everi Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everi Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.