EVRI - Everi Holdings Inc.

NYSE - NYSE Delayed Price. Currency in USD
6.21
+0.07 (+1.14%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close6.14
Open6.01
Bid6.24 x 1800
Ask6.32 x 800
Day's Range5.92 - 6.41
52 Week Range1.55 - 14.88
Volume3,312,614
Avg. Volume3,021,666
Market Cap528.197M
Beta (5Y Monthly)2.68
PE Ratio (TTM)29.57
EPS (TTM)0.21
Earnings DateJun 02, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est12.50
  • A Trio of Small Caps Growing Earnings Fast
    GuruFocus.com

    A Trio of Small Caps Growing Earnings Fast

    Wall Street analysts predict they will grow profits Continue reading...

  • What Is Everi Holdings's (NYSE:EVRI) P/E Ratio After Its Share Price Rocketed?
    Simply Wall St.

    What Is Everi Holdings's (NYSE:EVRI) P/E Ratio After Its Share Price Rocketed?

    Everi Holdings (NYSE:EVRI) shareholders are no doubt pleased to see that the share price has bounced 50% in the last...

  • Casino giant Caesars’ challenges go far beyond coronavirus and social distancing
    Yahoo Finance

    Casino giant Caesars’ challenges go far beyond coronavirus and social distancing

    Casino giant Caesars’ mountains of debt raises uncertainty about its pending merger with Eldorado (ERI) amid the pandemic, says Dan Wasiolek, senior equity analyst at Morningstar.

  • GlobeNewswire

    Everi Holdings to Report 2020 First Quarter Results on June 2 and Host Conference Call and Webcast

    Everi Holdings Inc. (EVRI) announced today that it will release its 2020 first quarter results after the market closes on Tuesday, June 2, 2020, and host a conference call and simultaneous webcast at 5:00 p.m. ET that day. The call will be webcast live from the Company’s website at www.everi.com (select “Investors” followed by “Events & Presentations”). Everi (EVRI) is a leading supplier of imaginative entertainment and trusted technology solutions for the casino, interactive, and gaming industry.

  • Did Changing Sentiment Drive Everi Holdings' (NYSE:EVRI) Share Price Down A Worrying 52%?
    Simply Wall St.

    Did Changing Sentiment Drive Everi Holdings' (NYSE:EVRI) Share Price Down A Worrying 52%?

    Everi Holdings Inc. (NYSE:EVRI) shareholders should be happy to see the share price up 15% in the last month. But that...

  • Were Hedge Funds Right About Everi Holdings Inc (EVRI)?
    Insider Monkey

    Were Hedge Funds Right About Everi Holdings Inc (EVRI)?

    Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]

  • Earnings Preview: Everi Holdings (EVRI) Q1 Earnings Expected to Decline
    Zacks

    Earnings Preview: Everi Holdings (EVRI) Q1 Earnings Expected to Decline

    Everi Holdings (EVRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    Everi Announces Date of the Company’s 2020 Annual Stockholders’ Meeting

    The Company may require attendees to comply with health and safety protocols endorsed by the Centers for Disease Control, which may include recommended social distancing and personal protective equipment such as face masks. Stockholders of record as of the close of business on May 8, 2020, will be entitled to notice of, and to vote at, the Annual Stockholders Meeting, or any adjournment or postponement thereof.

  • GlobeNewswire

    Everi Announces Successful Completion of $125 Million Incremental Term Loan and Certain Amendments to Its Senior Secured Credit Agreement

    The net proceeds are intended to provide additional liquidity and financial flexibility to better position Everi to withstand the challenging conditions resulting from the novel COVID-19 pandemic and strengthen its operations as industry conditions improve. In addition to this Incremental Financing, the Company also amended its Existing Credit Agreement to provide for changes to certain covenant provisions, including, but not limited to: eliminating the financial maintenance covenant related to senior secured leverage for each of the remaining quarters in 2020; modifying the compliance threshold in each of the quarters thereafter; and changes that limit the Company’s ability to make certain restricted payments and designate unrestricted subsidiaries (the “Amendment”).

  • How Does Everi Holdings's (NYSE:EVRI) P/E Compare To Its Industry, After Its Big Share Price Gain?
    Simply Wall St.

    How Does Everi Holdings's (NYSE:EVRI) P/E Compare To Its Industry, After Its Big Share Price Gain?

    Those holding Everi Holdings (NYSE:EVRI) shares must be pleased that the share price has rebounded 49% in the last...

  • Moody's

    EVERI Payments Inc. -- Moody's rates Everi's proposed sr. secured term loan B1

    Moody's Investors Service assigned a B1 rating to EVERI Payments Inc.'s ("EVERI") proposed $125 million senior secured term loan facility. The company's B2 Corporate Family Rating ("CFR"), B2-PD Probability of Default Rating, B1 rated senior secured revolver and term loan, and Caa1 rated senior unsecured notes are unchanged. The company's Speculative Grade Liquidity rating is unchanged at SGL-3.

  • Everi Holdings (EVRI) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Everi Holdings (EVRI) Stock Sinks As Market Gains: What You Should Know

    Everi Holdings (EVRI) closed the most recent trading day at $2.73, moving -1.27% from the previous trading session.

  • Moody's

    EVERI Payments Inc. -- Moody's downgrades EVERI Payments' CFR to B2 from B1; outlook negative

    Moody's Investors Service today downgraded EVERI Payments Inc.'s ("EVERI") Corporate Family Rating ("CFR") to B2 from B1 and Probability of Default Rating to B2-PD from B1-PD. The company's Speculative Grade Liquidity rating was downgraded to SGL-3 from SGL-1. The downgrade of EVERI's CFR is in response to the disruption in casino visitation and gaming machine use resulting from efforts to contain the spread of the coronavirus including recommendations from federal, state and local governments to avoid gatherings and avoid non-essential travel.

  • Everi Holdings (EVRI) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Everi Holdings (EVRI) Outpaces Stock Market Gains: What You Should Know

    Everi Holdings (EVRI) closed the most recent trading day at $4.36, moving +1.63% from the previous trading session.

  • Moving Average Crossover Alert: Everi
    Zacks

    Moving Average Crossover Alert: Everi

    Everi Holdings Inc. (EVRI) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • How Does Everi Holdings's (NYSE:EVRI) P/E Compare To Its Industry, After The Share Price Drop?
    Simply Wall St.

    How Does Everi Holdings's (NYSE:EVRI) P/E Compare To Its Industry, After The Share Price Drop?

    Unfortunately for some shareholders, the Everi Holdings (NYSE:EVRI) share price has dived 69% in the last thirty days...

  • Thomson Reuters StreetEvents

    Edited Transcript of EVRI earnings conference call or presentation 2-Mar-20 10:00pm GMT

    Q4 2019 Everi Holdings Inc Earnings Call

  • GlobeNewswire

    EVERI PROVIDES BUSINESS UPDATE

    Since mid-March, the Company has drawn down $35 million on its revolving credit facility to provide additional near-term liquidity and cancelled or delayed material capital expenditures. Most recently, the Company implemented targeted furloughs and Company-wide salary reductions. The effect of these actions has lowered the Company’s future cash payroll expense to less than $2 million per month.

  • 3 Penny Stocks That Are Poised to Double Once Coronavirus Fears Fade
    TipRanks

    3 Penny Stocks That Are Poised to Double Once Coronavirus Fears Fade

    The market gyrations leave traders looking to get out, which reinforces the bear trends and deepens the drops, or looking for discount stocks that may offer solid returns for a low cost of entry. Which, when you think about it, brings penny stocks to mind.These are low-cost shares, usually in low-cap companies. Historically, these stocks were valued at less than a dollar, although today penny stocks are defined as selling for less than five dollars. The main attraction here is a consequence of the low share price: even a modest-seeming dollar gain per share can translate into a high-percentage return. We’ve used the TipRanks Stock Screener to find three penny stocks with Strong Buy consensus ratings and over 100% upside potential – in other words, stocks that are cheap to buy and are tapped to double – at least – in the coming year. Let's take a closer look. Nokia Corporation (NOK)The Nokia name is familiar; the company has been a well-known maker of cellular handsets for decades, and is famous in part for its 3310 ‘dumb phone,’ which even today boasts strong sales.As Nokia heads into the new year, it is also preparing for a changeover in management. CEO Rajeev Suri will step down this coming August, to be replaced by Pekka Lundmark of Fortum. While at Fortum, a Finnish energy company, Lundmark oversaw a 35% increase in share value. Suri will remain as an advisor to the Board until the end of the year.Nokia’s strong sales are clear from the Q4 2019 report. The company showed a 563 million Euro ($604 million US) profit, coming out to 10 Euro cents per share (or 10.7 cents US). This was triple the year-ago profit, and highlighted the company’s turnaround from 2018’s steep full-year loss of 549 million Euro ($589 million US). Full-year profit in 2019 came out at 18 million Euro ($19.34 million US).The company’s Networks segment drove the profit gains, for the quarter and the year. Nokia is a major player in developing 5G networks, as well as producing 5G capable handsets. The rollout of the new digital network tech is expected to bring a boon to the company as customers upgrade their mobile devices.Wall Street’s analysts are taking a positive stance on Nokia. In a report earlier this month, Deutsche Bank analyst Robert Sanders sees a clear path for Nokia to build its 5G future: “After the mis-steps of 2018 and 2019, we believe mid-band 5G deployments using C-band in the US starting at the end of 2021 will be an important feature of Nokia’s turnaround. The news over the weekend that the C-band spectrum auction should happen at the end of 2020 provides a target to focus minds at Nokia: be ready with a leading 5G hardware solution in Q1 2021 to recover lost confidence with tier-1 operators…”Sanders’ Buy rating on Nokia is support by his €4.50 ($4.85) price target, which suggests an upside of 91%. (To watch Sanders’ track record, click here)Echoing Sanders' view, UBS analyst David Mulholland is also bullish on NOK shares, placing a Buy rating alongside a €4.50 ($4.85) price target.In his comments on the stock, Mulholland says, “At this point we believe many of the initiatives underway at Nokia are necessary to help drive the business and we do expect to see progress this year however we also believe that a new CEO will help the investor / stock market discussion start focusing on the future driving Nokia forward instead of focusing on how the current challenges arose.” (To watch Mulholland’s track record, click here)Over the past three months, Nokia stock has received a 6 Buy ratings and just 1 Hold. As a result, the stock has a ‘Strong Buy’ analyst consensus rating. These analysts believe (on average) that Nokia has big upside potential of over 100% from the current share price. This would take the telecom equipment maker from $2.53 all the way to $5.27. (See Nokia stock analysis on TipRanks)Everi Holdings (EVRI)And now we move to a niche that usually drips money – casino gaming. Nevada-based Everi controls subsidiary companies that design, develop, and manufacture casino games for brick-and-mortar operations. The social distancing restrictions being put in place have hurt casino traffic and forced shutdowns, which in turn is weighing heavily on Everi stock.But there are signs that this stock has resources that may not be immediately visible. In recent months, the insider sentiment has skewed sharply positive, as company officers have been buying shares but not selling. Two notable purchases came earlier this week: Board of Directors members Eileen Raney and Maureen Mullarkey bought 20,000 and 10,000 shares respectively, for $120,000 and $60,000 dollars. Raney’s purchase was the largest single insider buy in the company’s history. More importantly, the two Directors were willing to pay $6 or more per share, while the stock is currently trading below $2.A look at Everi’s Q4 report, released earlier this month, may shed some light. EPS was slightly disappointing – it came in at just 2 cents per share compared to the forecast of 8 cents. At the same time, earnings were up significantly from one year ago, when the company lost 4 cents per share. Revenue was just strong. It grew 21% year-over-year, coming in at $145.18 million, and beat the forecast by 9%.Growing revenues provide Everi with a solid base to weather the current market storms. As for future prospects, the current restrictions will last forever – and when they are lifted, there will likely be strong pent-up demand for services and leisure. And Everi is well-placed to make additional gains should that occur.Wall Street in bullish on Everi. Writing for Craig-Hallum, 5-star analyst George Sutton says, “[T]he 35% pullback over the past few weeks appears to be quite opportunistic to us. Fundamentally, the company continues to see very strong premium games growth, nicely outpacing the industry and with a splurge of new products coming we see no signs of a slowdown… as we look further forward, the increased investment being made in the “integrated gaming neighborhood” area, including a mobile wallet, positions the company even better for the next leg of industry growth.”Sutton placed a Buy rating on EVRI shares, and his $16 price target, indicating a whopping 809% upside, shows the extent of his confidence. (To watch Sutton’s track record, click here)Barry Jonas, of SunTrust Robinson, noted of Everi, “…management did caution they believe operators will likely be cautious in the near-term as they allocate capital given the macro uncertainty. That said, 1) early year caution is consistent with purchasing patterns over the past several years, and 2) EVRI does benefit from strong diversification across the US should the Strip/certain regional markets experience a more pronounced decline in casino visitation related to the outbreak.”Jonas remains bullish, with his Buy rating also supported by a $16 price target. (To watch Jonas’ track record, click here)EVRI shares have a Strong Buy consensus rating, based on 3 unanimous Buy-side reviews. Shares are priced low, at just $1.65, while the $15 average price target suggests room for an impressive 750% upside potential. (See Everi stock analysis on TipRanks)WPX Energy (WPX)From casino games, we shift gears to the energy industry. WPX holds oil exploration and production assets in two of the richest petroleum formations in North America: the Williston Basin of North Dakota and the Permian Basin of West Texas. The company operates over 700 wells, which tap into proven reserves exceeding 480 million barrels of oil equivalent. And with a share price of just $2.11, the black gold has never been more affordable.Low oil prices have weighed on WPX’s earnings in recent months, and the company reported an EPS miss in Q4. The 10-cents per share reported was 16% below expectation. Revenues also disappointed, as the $443 million figure missed the forecast by 30% and slipped 18% yoy.In a move to balance the long-term view that oil will remain low, WPX announced earlier this week that it will reduce its capex in 2020 by almost 25%. In dollar terms, the company expects capital expenditures in the $1,275 to $1,400 million range, down from the previous guidance of $1,675 to $1,800 range. With WTI down to just $22 per barrel, and Brent at $25, there was really no way for the company to avoid cuts in expenditures – production simply cannot be ramped up enough to compensate for current prices.In a report for Wells Fargo, analyst Nitin Kumar writes, “With the stock trading at a significant discount to peers… we see a favorable risk-reward profile. There are some near term headwinds… but long term … WPX [should] deliver on its 5 year vision to deliver return metrics that are competitive with the broader market…” Kumar’s $12 price target implies a hefty upside of 468%, and back up his Buy rating.WPX has an average price target of $12.67, indicating room for a 423% upside potential. The stock’s Strong Buy consensus rating is based on 9 reviews, including 7 Buy-side and just 2 Holds. (See WPX stock analysis on TipRanks)

  • Insider Buying: The Everi Holdings Inc. (NYSE:EVRI) Independent Director Just Bought US$120k Worth Of Shares
    Simply Wall St.

    Insider Buying: The Everi Holdings Inc. (NYSE:EVRI) Independent Director Just Bought US$120k Worth Of Shares

    Investors who take an interest in Everi Holdings Inc. (NYSE:EVRI) should definitely note that the Independent...

  • GlobeNewswire

    Everi Holdings Announces New Executive Leadership Roles to Support Further Growth

    Randy Taylor Promoted to President and Chief Operating Officer Mark Labay Appointed Executive Vice President and Chief Financial Officer David Lucchese Named Executive Vice.

  • GlobeNewswire

    Everi Wins in Three Categories at Second Annual EKG Slot Awards Show

    Cash Machine® and Shark Week® Jaws of Steel™ Take Top Honors in Respective Categories, Company Recognized as Most Improved Supplier LAS VEGAS, March 04, 2020 -- Everi Holdings.

  • Everi Holdings (EVRI) Q4 Earnings Miss Estimates
    Zacks

    Everi Holdings (EVRI) Q4 Earnings Miss Estimates

    Everi Holdings (EVRI) delivered earnings and revenue surprises of -75.00% and 8.91%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Everi Reports Record 2019 Fourth Quarter and Full Year Results

    Company Initiates 2020 Full Year Guidance Board Authorizes $10 Million Share Repurchase Program LAS VEGAS, March 02, 2020 -- Everi Holdings Inc. (NYSE:EVRI) (“Everi” or.