Everi Holdings Inc (NYSE: EVRI) stock suffered a major decline of -10.3% on 3/4/24. The shares closed at $9.45. Moreover, trading volume in this decline was exceptionally high at 334% of normal. The stock has been weak relative to the market over the last nine months and has declined -15.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, EVRI is expected to continue to be a major Value Builder.
Everi Holdings has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Everi Holdings has a slightly positive Appreciation Score of 66 but a very low Power Rating of 15, producing the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment