Everi Holdings Inc (NYSE:EVRI) saw some unusual options trading activity on Thursday. Stock investors purchased 3,492 call options on the stock. This is an increase of approximately 1,682% compared to the typical volume of 196 call options.

Several brokerages have recently weighed in on EVRI. Zacks Investment Research downgraded Everi from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Macquarie began coverage on Everi in a research note on Thursday, September 26th. They issued an “outperform” rating and a $12.00 price target on the stock. TheStreet raised Everi from a “d+” rating to a “c” rating in a report on Tuesday, November 19th. Finally, ValuEngine lowered Everi from a “buy” rating to a “hold” rating in a research note on Monday, October 21st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $12.60.

In other news, Director Geoffrey P. Judge sold 30,000 shares of Everi stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $12.52, for a total transaction of $375,600.00. Following the sale, the director now owns 134,672 shares in the company, valued at $1,686,093.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 31,050 shares of company stock valued at $386,363 in the last ninety days. 5.50% of the stock is owned by corporate insiders.

Several hedge funds have recently modified their holdings of EVRI. FMR LLC acquired a new stake in shares of Everi during the 1st quarter valued at approximately $29,000. NEXT Financial Group Inc raised its stake in Everi by 1,850.5% during the second quarter. NEXT Financial Group Inc now owns 6,066 shares of the credit services provider’s stock worth $73,000 after acquiring an additional 5,755 shares during the period. Robeco Institutional Asset Management B.V. bought a new position in Everi in the second quarter worth about $1,123,000. Bailard Inc. lifted its holdings in Everi by 25.6% in the second quarter. Bailard Inc. now owns 15,700 shares of the credit services provider’s stock worth $187,000 after acquiring an additional 3,200 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Everi by 63.2% in the second quarter. SG Americas Securities LLC now owns 292,156 shares of the credit services provider’s stock worth $3,485,000 after acquiring an additional 113,152 shares during the last quarter. 94.50% of the stock is currently owned by institutional investors and hedge funds.

EVRI opened at $11.86 on Friday. The stock has a market capitalization of $908.79 million, a PE ratio of 118.60, a P/E/G ratio of 1.98 and a beta of 1.74. The firm’s fifty day moving average price is $11.44 and its 200 day moving average price is $10.70. Everi has a 12-month low of $4.76 and a 12-month high of $13.75.

Everi (NYSE:EVRI) last announced its quarterly earnings data on Tuesday, November 5th. The credit services provider reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.04. The company had revenue of $134.60 million during the quarter, compared to analyst estimates of $129.30 million. Everi had a net margin of 4.90% and a negative return on equity of 19.69%. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the business earned $0.03 EPS. On average, sell-side analysts predict that Everi will post 0.34 earnings per share for the current year.

Everi Company Profile

Everi Holdings Inc provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and FinTech. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment.

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