Live Stock Coverage: Is Everi Holdings Inc a Sell? The Stock Declines Again

Live Stock Coverage: Is Everi Holdings Inc a Sell? The Stock Declines Again

The stock of Everi Holdings Inc (NYSE:EVRI) is a huge mover today! The stock decreased 2.76% or $0.07 during the last trading session, hitting $2.47. About 474,590 shares traded hands or 147.03% up from the average. Everi Holdings Inc (NYSE:EVRI) has declined 15.99% since February 29, 2016 and is downtrending. It has underperformed by 26.41% the S&P500.
The move comes after 6 months negative chart setup for the $167.08 million company. It was reported on Oct, 1 by Barchart.com. We have $2.15 PT which if reached, will make NYSE:EVRI worth $21.72M less.

Analysts await Everi Holdings Inc (NYSE:EVRI) to report earnings on November, 1. They expect $-0.16 earnings per share, down 180.00% or $0.36 from last year’s $0.2 per share. After $0.15 actual earnings per share reported by Everi Holdings Inc for the previous quarter, Wall Street now forecasts -206.67% negative EPS growth.

Everi Holdings Inc (NYSE:EVRI) Ratings Coverage

Out of 3 analysts covering Everi Holdings (NYSE:EVRI), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Everi Holdings has been the topic of 4 analyst reports since October 2, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, May 6 report.

According to Zacks Investment Research, “Everi Holdings Inc. is a holding company which operates through subsidiaries, Global Cash Access, Inc. and Multimedia Games Holding Company, Inc. The Company’s segments include Games and Payments. Global Cash Access, Inc. provides integrated gaming payments solutions, video and mechanical reel gaming content and technology solutions, as well as compliance and software. Multimedia Games Holding Company, Inc., designs, manufactures and supplies gaming machines and systems. Everi Holdings Inc., formerly known as Global Cash Access Holdings, Inc., is headquartered in Las Vegas, United States.”

More important recent Everi Holdings Inc (NYSE:EVRI) news were published by: Seekingalpha.com which released: “Everi Holdings: Too Much Risk, Not Enough Execution” on September 27, 2016, also Globenewswire.com published article titled: “Everi and VizExplorer Partner to Deliver Suspicious Activity Analytics through …”, Quotes.Wsj.com published: “News Everi Holdings Inc.EVRI” on August 25, 2015. More interesting news about Everi Holdings Inc (NYSE:EVRI) was released by: Reviewjournal.com and their article: “Everi Holdings will replace Global Cash Access this month” with publication date: August 13, 2015.

EVRI Company Profile

Everi Holdings Inc., formerly Global Cash Access Holdings, Inc., incorporated on February 4, 2004, is a holding company. The Firm operates through subsidiaries, including Everi Games Holding Inc. (Everi Games Holding) and Everi Payments Inc. (Everi Payments or Payments). The Firm operates through two business divisions: Games and Payments. The Firm provides video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions, and compliance and efficiency software.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment