Alert: Negative Investment/Fundamental Signals (11/10/23)-Everi Holdings Inc (NYSE: EVRI)

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Everi Holdings Inc (NYSE: EVRI). Important negative changes in fundamentals have recently occurred: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Everi Holdings Inc (NYSE: EVRI) has recently experienced significant negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

EVRI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Everi Holdings has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Everi Holdings has a slightly positive Appreciation Score of 62 but a slightly negative Power Rating of 35, resulting in the Neutral Value Trend Rating.

Recent Price Action

On 11/10/23, Everi Holdings Inc (NYSE: EVRI) stock enjoyed a large increase of 4.6%, closing at $11.44. The stock has risen 3.2% during the last week but has been weak relative to the market over the last nine months.

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