Everi Holdings Inc (EVRI) Forecasted to Earn FY2018 Earnings of $0.08 Per Share

Everi Holdings Inc (NYSE:EVRI) – Research analysts at SunTrust Banks issued their FY2018 EPS estimates for shares of Everi in a research note issued on Monday, February 11th. SunTrust Banks analyst B. Jonas expects that the credit services provider will post earnings of $0.08 per share for the year. SunTrust Banks currently has a “Buy” rating and a $9.00 price target on the stock. SunTrust Banks also issued estimates for Everi’s Q4 2018 earnings at ($0.04) EPS, Q1 2019 earnings at $0.06 EPS, Q2 2019 earnings at $0.03 EPS, Q3 2019 earnings at $0.06 EPS, Q4 2019 earnings at $0.01 EPS, FY2019 earnings at $0.16 EPS and FY2020 earnings at $0.41 EPS.

EVRI has been the topic of a number of other research reports. Zacks Investment Research lowered Everi from a “buy” rating to a “hold” rating in a research report on Friday, January 4th. Raymond James started coverage on Everi in a research report on Friday, November 30th. They issued a “strong-buy” rating and a $11.00 target price on the stock. Finally, ValuEngine raised Everi from a “hold” rating to a “buy” rating in a research report on Friday, January 11th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Everi presently has an average rating of “Buy” and a consensus price target of $9.46.

Shares of Everi stock opened at $7.37 on Thursday. Everi has a 52-week low of $4.76 and a 52-week high of $9.82. The company has a market capitalization of $516.63 million, a P/E ratio of -23.77, a PEG ratio of 4.82 and a beta of 1.74.

A number of hedge funds have recently bought and sold shares of the business. WINTON GROUP Ltd grew its stake in Everi by 41.1% in the fourth quarter. WINTON GROUP Ltd now owns 15,093 shares of the credit services provider’s stock valued at $78,000 after purchasing an additional 4,400 shares in the last quarter. California Public Employees Retirement System grew its stake in Everi by 2.6% in the fourth quarter. California Public Employees Retirement System now owns 195,673 shares of the credit services provider’s stock valued at $1,008,000 after purchasing an additional 4,918 shares in the last quarter. BOKF NA grew its stake in Everi by 50.7% in the fourth quarter. BOKF NA now owns 16,121 shares of the credit services provider’s stock valued at $83,000 after purchasing an additional 5,421 shares in the last quarter. Northern Trust Corp grew its stake in Everi by 0.6% in the fourth quarter. Northern Trust Corp now owns 878,647 shares of the credit services provider’s stock valued at $4,525,000 after purchasing an additional 5,654 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust grew its stake in Everi by 0.6% in the fourth quarter. Emerald Mutual Fund Advisers Trust now owns 1,380,006 shares of the credit services provider’s stock valued at $7,107,000 after purchasing an additional 8,116 shares in the last quarter. Hedge funds and other institutional investors own 89.15% of the company’s stock.

About Everi

Everi Holdings Inc provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and Payments. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment.

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Earnings History and Estimates for Everi (NYSE:EVRI)

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