Everi Holdings Inc. (EVRI) Receives Average Recommendation of “Buy” from Analysts

Everi Holdings Inc. (NYSE:EVRI) has earned an average recommendation of “Buy” from the six research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $7.00.

Several research analysts have recently weighed in on EVRI shares. BidaskClub upgraded Everi Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. Stifel Nicolaus reiterated a “buy” rating and set a $9.00 price target (up previously from $7.50) on shares of Everi Holdings in a research note on Monday, June 12th. Finally, Zacks Investment Research upgraded Everi Holdings from a “sell” rating to a “hold” rating in a research note on Friday, August 18th.

Shares of Everi Holdings (NYSE:EVRI) traded up 3.84% during midday trading on Friday, hitting $8.12. 1,909,241 shares of the stock were exchanged. Everi Holdings has a 1-year low of $1.21 and a 1-year high of $8.99. The stock’s 50-day moving average price is $7.53 and its 200-day moving average price is $6.87. The firm’s market capitalization is $542.29 million.

COPYRIGHT VIOLATION WARNING: “Everi Holdings Inc. (EVRI) Receives Average Recommendation of “Buy” from Analysts” was reported by BBNS and is the property of of BBNS. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://baseballnewssource.com/markets/everi-holdings-inc-evri-receives-average-recommendation-of-buy-from-analysts/1699579.html.

In other Everi Holdings news, Director Geoffrey P. Judge sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $7.70, for a total value of $77,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael D. Rumbolz sold 15,000 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $6.90, for a total value of $103,500.00. Following the completion of the transaction, the insider now owns 121,742 shares of the company’s stock, valued at approximately $840,019.80. The disclosure for this sale can be found here. 4.50% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC raised its holdings in shares of Everi Holdings by 91.9% in the 2nd quarter. Renaissance Technologies LLC now owns 4,868,878 shares of the credit services provider’s stock valued at $35,445,000 after acquiring an additional 2,331,500 shares in the last quarter. Numeric Investors LLC raised its holdings in shares of Everi Holdings by 639.8% in the 2nd quarter. Numeric Investors LLC now owns 1,596,050 shares of the credit services provider’s stock valued at $11,619,000 after acquiring an additional 1,380,322 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Everi Holdings by 3,400.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,045,186 shares of the credit services provider’s stock valued at $7,609,000 after acquiring an additional 1,015,330 shares in the last quarter. Brookfield Asset Management Inc. purchased a new stake in shares of Everi Holdings in the 1st quarter valued at about $4,790,000. Finally, Castleark Management LLC purchased a new stake in shares of Everi Holdings in the 2nd quarter valued at about $7,172,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Everi Holdings Company Profile

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 our FREE daily email newsletter.

 


Latest News

Houston Astros Relying on Justin Verlander to Save Their Season
Houston Astros Relying on Justin Verlander to Save Their Season
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Aaron Judge and Gary Sanchez Have Break Out Games
Aaron Judge and Gary Sanchez Have Break Out Games
Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Yankees to Send Masahiro Tanaka Against Astros in Game 1


Leave a Reply

 
© 2006-2017 BBNS.