Everi Holdings Inc (NYSE:EVRI) insider Michael D. Rumbolz sold 9,134 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $8.00, for a total value of $73,072.00. Following the completion of the sale, the insider now owns 113,977 shares of the company’s stock, valued at approximately $911,816. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Everi Holdings Inc (NYSE:EVRI) remained flat at $$7.78 during trading on Friday. The company had a trading volume of 274,200 shares, compared to its average volume of 546,925. Everi Holdings Inc has a 52 week low of $2.47 and a 52 week high of $8.99. The company has a debt-to-equity ratio of -9.13, a current ratio of 0.98 and a quick ratio of 0.91. The firm has a market cap of $523.60, a PE ratio of -2.11 and a beta of 0.99.
Everi (NYSE:EVRI) last released its quarterly earnings results on Monday, October 30th. The credit services provider reported ($0.06) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.06. The company had revenue of $247.32 million for the quarter, compared to analysts’ expectations of $228.37 million. During the same quarter last year, the company earned ($0.12) EPS. Everi’s revenue for the quarter was up 11.3% compared to the same quarter last year. equities analysts anticipate that Everi Holdings Inc will post -0.5 earnings per share for the current fiscal year.
A number of brokerages have weighed in on EVRI. Stifel Nicolaus reiterated a “buy” rating and issued a $11.00 price objective on shares of Everi in a research note on Wednesday, November 1st. BidaskClub upgraded Everi from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Everi currently has a consensus rating of “Buy” and an average target price of $7.33.
WARNING: “Everi Holdings Inc (EVRI) Insider Sells $73,072.00 in Stock” was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://www.com-unik.info/2018/01/19/everi-holdings-inc-evri-insider-sells-73072-00-in-stock.html.
Everi 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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everi and related companies with MarketBeat.com's FREE daily email newsletter.