Chartwell Investment Partners LLC Sells 20,207 Shares of Everi Holdings
June 29, 2023
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Chartwell Investment Partners LLC recently sold 20,207 shares of Everi Holdings ($NYSE:EVRI) Inc. at Defense World. Everi Holdings Inc. is a leading provider of gaming and payments solutions for the casino industry in North America. Everi’s products and services include slot machines, table games, gaming systems, payment solutions, player loyalty rewards, promotional offerings, self-service kiosks, and more. The company also offers data analytics and business intelligence services to casinos to help them better understand their customer behavior, optimize game offerings, and improve their marketing strategies.
Stock Price
The stock opened at $14.2, up 1.8% from the prior closing price of $14.0. By the end of the trading day, the stock had closed at $14.3 per share. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Everi Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 807.38 | 117.03 | 14.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Everi Holdings. More…
| Operations | Investing | Financing |
| 299.07 | -172.19 | -100.51 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Everi Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.74k | 1.49k | 2.88 |
Key Ratios Snapshot
Some of the financial key ratios for Everi Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.6% | 39.4% | 26.4% |
| FCF Margin | ROE | ROA |
| 20.5% | 56.3% | 7.6% |
Analysis
We at GoodWhale recently conducted an analysis of EVERI HOLDINGS‘s wellbeing. After our review, we have determined that EVERI HOLDINGS is considered a high risk investment according to our Risk Rating system. Specifically, upon further evaluation, we have detected two risk warnings in both the income sheet and the balance sheet of EVERI HOLDINGS. Some of these risks include declining cash flows, higher debt to equity ratio, and lack of liquidity. We highly recommend taking a closer look at the financials of EVERI HOLDINGS before investing. If you’d like to gain more insight into our findings and the risks associated with EVERI HOLDINGS, then please register with us here at GoodWhale so that we can provide you with all the details. We strive to provide our customers with accurate and trusted analysis for their financial investments, and we’re more than happy to assist you in any way we can. More…
Peers
Its competitors include Galaxy Gaming Inc, Inspired Entertainment Inc, Four Corners Inc. Everi Holdings Inc operates in the US, Europe, and Asia Pacific.
– Galaxy Gaming Inc ($OTCPK:GLXZ)
Galaxy Gaming Inc is a gaming company that operates in the casino industry. It designs, develops, and manufactures casino table games and gaming equipment. The company has a market cap of 61.85M as of 2022 and a Return on Equity of -17.14%. Galaxy Gaming is headquartered in Las Vegas, Nevada.
– Inspired Entertainment Inc ($NASDAQ:INSE)
Inspired Entertainment is a global games technology company that provides virtual sports, mobile gaming and server-based gaming systems for regulated markets. The company’s products are available in over 35,000 retail locations and online sites in over 40 countries. The company has a market cap of 308.85M as of 2022 and a Return on Equity of -51.07%.
– Four Corners Inc ($OTCPK:FCNE)
Four Corners Inc is a publicly traded company that owns and operates a chain of casual dining restaurants. The company was founded in 1988 and is headquartered in Houston, Texas. As of 2022, Four Corners Inc had a market capitalization of 10.79 million and a return on equity of -21.68%. The company’s primary business is operating and franchising casual dining restaurants under the Four Corners name. The company operates or franchises over 60 restaurants in 10 states across the United States.
Summary
EVERI HOLDINGS Inc., a leading provider of gaming technology solutions, has recently seen a notable decline in investments due to Chartwell Investment Partners LLC’s sale of 20,207 shares. This decrease in investments has been attributed to market-wide uncertainty caused by the pandemic. Analysts are expecting a further increase in the near future due to their numerous upcoming partnerships and deals with other industry leaders. With its strong fundamentals, Everi Holdings Inc. remains an attractive investment option for long-term investors looking for a profitable return.
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