Everi Holdings Intrinsic Value – EVERI HOLDINGS’ PT Lowered to $17.00
October 21, 2023
🌧️Trending News
EVERI HOLDINGS ($NYSE:EVRI) recently announced that their price target has been lowered to $17.00. This follows the downward trend of the stock in recent months. EVERI HOLDINGS is a leading provider of technology solutions and games to the casino industry. Based in Las Vegas, they specialize in offering products and services that help casinos drive revenue and increase customer engagement. Their portfolio includes a full range of gaming content, including slot machines, table games, and gaming systems, as well as payment solutions.
They also offer customer support, security solutions, and marketing services to help casinos maximize their profits. With the pandemic still causing disruption to the global economy, many casinos have been forced to temporarily close their doors, resulting in a decrease in demand for EVERI HOLDINGS’ products and services. Despite this, the company remains committed to providing innovative solutions for their customers and is confident that their services will remain in demand as the global economy begins to recover.
Price History
On Friday, EVERI HOLDINGS’ stock opened at $11.3 and closed at $11.1, reflecting a 1.1% decrease from the prior closing price of $11.2. Despite the lowered price target, analysts remain bullish on EVERI HOLDINGS and have expressed their optimism about the company’s future growth prospects. 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 |
| 818.87 | 111.91 | 13.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Everi Holdings. More…
| Operations | Investing | Financing |
| 294.61 | -204.65 | -113.78 |
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 |
| 1.71k | 1.47k | 2.76 |
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 |
| 23.8% | 503.2% | 25.8% |
| FCF Margin | ROE | ROA |
| 20.4% | 53.2% | 7.7% |
Analysis – Everi Holdings Intrinsic Value
As GoodWhale, we have conducted a thorough analysis of EVERI HOLDINGS‘s fundamentals, and have concluded that the intrinsic value of its share is around $22.6. This was determined through our proprietary Valuation Line. When looking at the stock market, we can see that EVERI HOLDINGS is currently trading at $11.1, which is significantly lower than our estimated intrinsic value, representing a 50.9% discount. As a result, we believe that EVERI HOLDINGS presents a great opportunity for investors to capitalize on the current market conditions and purchase shares of this undervalued company. More…
Peers
Its competitors include Galaxy Gaming Inc, Inspired Entertainment Inc, Four Corners Inc. Everi Holdings Inc operates in the US, Europe, and Asia Pacific.
– Galaxy Gaming Inc ($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 is a diversified payments technology provider offering businesses, government agencies, and gaming establishments a wide range of gaming, financial technology, and payment solutions. The company’s stock has recently been trading around the $17.00 mark due to a downward trend in recent months. Investors should focus on the company’s potential for growth, its current performance, and the future prospects of its markets. Analyzing the company’s financials is key to understanding its performance, while also looking at its business strategies and competitive environment for insight into how it can capitalize on growth opportunities. Investors should be mindful of EVERI’s cash flow, debt levels, and profitability. They should also take into consideration the industry’s overall health and the company’s ability to adapt to rapidly changing market conditions.
Additionally, investors should consider EVERI’s strong partnerships with major stakeholders in the payments technology space, which could be beneficial in pursuing new opportunities.
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