Expert Outlook: Everi Hldgs Through The Eyes Of 5 Analysts
Portfolio Pulse from Benzinga Insights
Five analysts have recently updated their ratings on Everi Holdings Inc (NYSE:EVRI), showing a shift towards a more bullish stance with one bullish and four indifferent ratings in the last 30 days, compared to more indifferent ratings in the previous months. The average 12-month price target for EVRI has been lowered by 15.79% to $12.00, indicating a negative sentiment shift. Everi Holdings, operating in the gaming and financial technology sectors, faces revenue challenges with a -6.49% growth over 3 months but demonstrates strong profitability and financial health with high net margin, ROE, and ROA, alongside prudent debt management.
May 09, 2024 | 3:01 pm
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NEUTRAL IMPACT
Everi Holdings Inc has seen a recent shift in analyst sentiment, becoming more bullish, but with a significant reduction in the average price target. Despite facing revenue challenges, the company's strong profitability metrics and prudent debt management indicate a solid financial foundation.
The mixed analyst ratings with a recent bullish tilt and lowered price targets suggest uncertainty about EVRI's short-term stock price direction. However, the company's strong financial health metrics, such as high net margin, ROE, and ROA, alongside effective debt management, provide a solid foundation that might mitigate negative impacts from revenue challenges. The overall neutral score reflects this balance between positive financial health indicators and the negative sentiment from lowered price targets.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100