Everi Holdings Inc. (NYSE:EVRI) Given Consensus Rating of “Hold” by Brokerages

Shares of Everi Holdings Inc. (NYSE:EVRI) have been given an average rating of “Hold” by the five brokerages that are covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $12.88.

Separately, StockNews.com assumed coverage on shares of Everi in a report on Friday, December 20th. They set a “hold” rating for the company.

Insider Buying and Selling at Everi

In other news, EVP Darren Simmons sold 50,000 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $13.46, for a total transaction of $673,000.00. Following the completion of the transaction, the executive vice president now owns 140,425 shares in the company, valued at approximately $1,890,120.50. This represents a 26.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Geoffrey P. Judge sold 4,000 shares of the business’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $13.50, for a total transaction of $54,000.00. Following the transaction, the director now directly owns 91,572 shares of the company’s stock, valued at $1,236,222. The trade was a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 255,476 shares of company stock worth $3,435,636 over the last 90 days. Insiders own 6.40% of the company’s stock.

Institutional Investors Weigh In On Everi

Several institutional investors have recently bought and sold shares of EVRI. Franklin Resources Inc. raised its position in shares of Everi by 6.6% during the 3rd quarter. Franklin Resources Inc. now owns 41,542 shares of the credit services provider’s stock worth $550,000 after buying an additional 2,564 shares in the last quarter. Virtu Financial LLC bought a new position in Everi during the 3rd quarter valued at $878,000. Geode Capital Management LLC lifted its holdings in shares of Everi by 1.5% in the third quarter. Geode Capital Management LLC now owns 1,860,321 shares of the credit services provider’s stock valued at $24,450,000 after buying an additional 27,670 shares during the period. MML Investors Services LLC bought a new position in Everi during the third quarter valued at about $223,000. Finally, Jane Street Group LLC grew its holdings in Everi by 86.7% during the third quarter. Jane Street Group LLC now owns 162,951 shares of the credit services provider’s stock worth $2,141,000 after acquiring an additional 75,655 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

Everi Stock Performance

Everi stock opened at $13.50 on Thursday. Everi has a 52 week low of $6.37 and a 52 week high of $13.53. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 3.84. The stock has a market cap of $1.16 billion, a P/E ratio of 90.01 and a beta of 2.07. The stock has a 50 day moving average of $13.41 and a 200-day moving average of $12.07.

About Everi

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.