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Why Everi Holdings (EVRI) Could Be Positioned for a Surge?
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Everi Holdings Inc. (EVRI - Free Report) is a provider of video and mechanical reel gaming content and technology solutions, integrated gaming payment solutions, and compliance and efficiency software solutions that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on EVRI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Everi Holdings could be a solid choice for investors.
Current Quarter Estimates for EVRI
In the past 30 days, 1 estimate has gone higher for Everi Holdings while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates rising from a loss of 18 cents a share 30 days ago, to a loss of 14 cents per share today, a move of 28.6%.
Current Year Estimates for EVRI
Meanwhile, Everi Holdings’s current year figures are also looking quite promising, with 2 estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, rising from a loss of 61 cents per share 30 days ago to a loss of 46 cents per share today, an increase of 32.6%.
The stock has also started to move higher lately, adding 44.2% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
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Why Everi Holdings (EVRI) Could Be Positioned for a Surge?
Everi Holdings Inc. (EVRI - Free Report) is a provider of video and mechanical reel gaming content and technology solutions, integrated gaming payment solutions, and compliance and efficiency software solutions that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on EVRI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Everi Holdings could be a solid choice for investors.
Current Quarter Estimates for EVRI
In the past 30 days, 1 estimate has gone higher for Everi Holdings while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates rising from a loss of 18 cents a share 30 days ago, to a loss of 14 cents per share today, a move of 28.6%.
Current Year Estimates for EVRI
Meanwhile, Everi Holdings’s current year figures are also looking quite promising, with 2 estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, rising from a loss of 61 cents per share 30 days ago to a loss of 46 cents per share today, an increase of 32.6%.
Everi Holdings Inc. Price and Consensus
Everi Holdings Inc. Price and Consensus | Everi Holdings Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 44.2% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>