Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Everi Holdings Inc (NYSE: EVRI) weakened during the last several trading days. EVRI’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 11/22/24, Everi Holdings Inc (NYSE: EVRI) stock rose modestly by 0.4%, closing at $13.44. Moreover, above average trading volume at 121% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Everi Holdings has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Everi Holdings has a poor Appreciation Score of 27 but a very high Power Rating of 95, resulting in the High Neutral Value Trend Rating.
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