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Should Value Investors Buy Everi Holdings (EVRI) Stock?

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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

One company to watch right now is Everi Holdings (EVRI - Free Report) . EVRI is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 17.25 right now. For comparison, its industry sports an average P/E of 21.95. Over the past 52 weeks, EVRI's Forward P/E has been as high as 359.65 and as low as 17.05, with a median of 44.03.

Investors should also note that EVRI holds a PEG ratio of 0.86. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. EVRI's industry has an average PEG of 2.10 right now. Over the past 52 weeks, EVRI's PEG has been as high as 17.98 and as low as 0.85, with a median of 2.20.

These are just a handful of the figures considered in Everi Holdings's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that EVRI is an impressive value stock right now.


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