EVI Industries’ (EVI) Buy Rating Reiterated at DA Davidson

Posted by on Sep 21st, 2026

DA Davidson restated their buy rating on shares of EVI Industries (NYSEAMERICAN:EVI – Free Report) in a report issued on Friday,Benzinga reports. The firm currently has a $32.00 price target on the industrial products company’s stock.

EVI Industries Price Performance

EVI stock opened at $18.11 on Friday. The business’s 50-day moving average is $15.11 and its two-hundred day moving average is $17.35. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.64 and a quick ratio of 0.87. The firm has a market capitalization of $233.26 million, a P/E ratio of 37.73 and a beta of 0.09. EVI Industries has a 1 year low of $12.75 and a 1 year high of $34.82.

EVI Industries (NYSEAMERICAN:EVI – Get Free Report) last announced its quarterly earnings data on Tuesday, September 8th. The industrial products company reported $0.17 EPS for the quarter, hitting analysts’ consensus estimates of $0.17. EVI Industries had a return on equity of 5.31% and a net margin of 1.73%.The business had revenue of $121.87 million during the quarter, compared to the consensus estimate of $117.10 million.

Institutional Investors Weigh In On EVI Industries

Hedge funds and other institutional investors have recently modified their holdings of the company. Royce & Associates LP grew its stake in shares of EVI Industries by 4.5% during the fourth quarter. Royce & Associates LP now owns 844,417 shares of the industrial products company’s stock worth $20,806,000 after purchasing an additional 36,272 shares in the last quarter. BlackRock Inc. purchased a new stake in EVI Industries during the second quarter worth approximately $5,217,000. King Luther Capital Management Corp boosted its holdings in EVI Industries by 5.0% in the fourth quarter. King Luther Capital Management Corp now owns 230,500 shares of the industrial products company’s stock valued at $5,680,000 after purchasing an additional 11,057 shares in the last quarter. Fifth Third Bancorp acquired a new position in EVI Industries in the first quarter valued at approximately $3,102,000. Finally, Dimensional Fund Advisors LP increased its stake in EVI Industries by 3.9% in the first quarter. Dimensional Fund Advisors LP now owns 111,750 shares of the industrial products company’s stock valued at $2,300,000 after purchasing an additional 4,187 shares during the last quarter. 37.30% of the stock is currently owned by institutional investors and hedge funds.

About EVI Industries

(Get Free Report)

EVI Industries, Inc is a distributor of commercial and industrial equipment and related services. The company primarily serves the textile-care industry, supplying commercial laundry and dry-cleaning equipment such as washers, dryers, finishing systems, ironers, folders and garment-care equipment.

In addition to equipment sales, EVI provides installation, maintenance, repair, technical support, replacement parts and operating supplies. Its customers include businesses and institutions in the hospitality, health care, correctional, retail laundry, dry-cleaning and other textile-service markets.

Headquartered in Miami, Florida, EVI serves customers through a network of operating companies and distribution locations in the United States and selected international markets.

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