Everi (EVRI) to Release Earnings on Thursday

Everi (NYSE:EVRI) is anticipated 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 Price Performance

EVRI stock opened at $13.72 on Wednesday. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.97 and a current ratio of 1.06. Everi has a 1 year low of $6.37 and a 1 year high of $13.83. The firm has a market cap of $1.18 billion, a P/E ratio of 91.44 and a beta of 2.05. The stock has a 50-day simple moving average of $13.63 and a 200-day simple moving average of $13.39.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Everi in a research note on Sunday. They set a “hold” rating for the company. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $12.83.

Insider Transactions at Everi

In related news, Director Geoffrey P. Judge sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $13.50, for a total value of $54,000.00. Following the sale, the director now owns 91,572 shares of the company’s stock, valued at approximately $1,236,222. This trade represents a 4.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Darren Simmons sold 50,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 140,425 shares in the company, valued at approximately $1,890,120.50. This trade represents a 26.26 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 139,476 shares of company stock worth $1,879,216. 6.40% of the stock is currently owned by corporate insiders.

Everi Company Profile

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.