Equities research analysts forecast that Everi Holdings Inc (NYSE:EVRI) will post earnings of $0.08 per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Everi’s earnings, with estimates ranging from $0.06 to $0.09. Everi reported earnings per share of ($0.04) in the same quarter last year, which indicates a positive year-over-year growth rate of 300%. The company is scheduled to issue its next earnings report after the market closes on Monday, March 2nd.

According to Zacks, analysts expect that Everi will report full year earnings of $0.35 per share for the current year, with EPS estimates ranging from $0.32 to $0.36. For the next financial year, analysts expect that the firm will report earnings of $0.58 per share, with EPS estimates ranging from $0.47 to $0.66. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Everi.

A number of research analysts have commented on EVRI shares. ValuEngine downgraded shares of Everi from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. TheStreet raised shares of Everi from a “d+” rating to a “c” rating in a research report on Tuesday, November 19th. Finally, Zacks Investment Research raised shares of Everi from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Monday, December 16th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $14.00.

Several large investors have recently added to or reduced their stakes in the company. Amalgamated Bank boosted its holdings in shares of Everi by 8.3% in the 4th quarter. Amalgamated Bank now owns 12,994 shares of the credit services provider’s stock valued at $175,000 after buying an additional 995 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in shares of Everi in the 4th quarter valued at about $18,034,000. Renaissance Technologies LLC boosted its holdings in shares of Everi by 10.4% in the 4th quarter. Renaissance Technologies LLC now owns 3,438,000 shares of the credit services provider’s stock valued at $46,172,000 after buying an additional 324,300 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Everi in the 4th quarter valued at about $691,000. Finally, AlphaCrest Capital Management LLC bought a new stake in shares of Everi in the 4th quarter valued at about $663,000. Institutional investors and hedge funds own 80.54% of the company’s stock.

NYSE EVRI opened at $13.32 on Tuesday. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 40.36, a price-to-earnings-growth ratio of 1.10 and a beta of 1.72. The company’s 50-day simple moving average is $12.92 and its two-hundred day simple moving average is $11.14. Everi has a one year low of $7.28 and a one year high of $13.94.

About Everi

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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