Everi Holdings (EVRI) AI Stock Analysis

• Market Cap: $1.21B
• Dividend Yield: N/A
• Average Volume (3M): 1.88M
• Price to Earnings (P/E): 82.3
• Beta (1Y): 0.32
• Revenue Growth: -6.97%
• EPS Growth: -81.42%
• Country: US
• Employees: 2,300
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.04
• Shares Outstanding: 86,536,650
• 10 Day Avg. Volume: 1,983,606
• 30 Day Avg. Volume: 1,878,883
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.47
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 2.71
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $14.25
• Price Target Upside: 1.57% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

Everi Holdings' overall stock score is primarily influenced by solid technical indicators and a strong cash flow position. However, the high P/E ratio and declining profit margins are significant concerns. The company's high leverage and lack of dividend yield also weigh negatively on the overall score. Continued focus on reducing debt and improving profitability is essential for enhancing investor confidence.

Everi Holdings Business Overview & Revenue Model

Company Description

Everi Holdings Inc. (EVRI) is a prominent provider of technology solutions to the casino gaming industry. The company operates within two primary segments: Games and Financial Technology Solutions. Everi offers a wide array of products and services, including electronic gaming machines, gaming content, and gaming systems, as well as financial equipment, software, and services that facilitate convenient and secure cash and cashless monetary transactions for casino patrons.

How the Company Makes Money

Everi Holdings generates revenue through multiple streams primarily associated with its two segments: Games and Financial Technology Solutions. The Games segment earns income by leasing electronic gaming machines and selling gaming content and systems to casinos. This includes participation agreements where Everi earns a percentage of the revenue generated by its machines on the casino floor. The Financial Technology Solutions segment generates revenue by providing cash access services, such as ATMs and point-of-sale transactions, along with compliance and security services to gaming operators. Additionally, Everi earns from its comprehensive suite of loyalty and marketing solutions that help casinos enhance customer engagement. Strategic partnerships with casinos and gaming establishments, along with ongoing development and deployment of innovative gaming and financial solutions, significantly contribute to the company's earnings.

Everi Holdings Financial Statement Overview

Summary

Everi Holdings faces challenges with declining revenue and profitability margins, and high leverage is a concern. However, strong operating cash flows and a slightly improved equity position provide some resilience. Efforts to further improve cash management and reduce debt are critical for future stability.

Income Statement

Everi Holdings shows a decline in both gross and net income from 2023 to 2024. Gross profit margin remains healthy, but net profit margin has decreased significantly, indicating increased expenses or reduced operational efficiency. Revenue growth has been inconsistent with a recent decline, impacting overall profitability. EBIT and EBITDA margins have also declined, showing challenges in maintaining operational profitability.

Balance Sheet

The company's debt-to-equity ratio is high due to substantial debt, which poses a risk, yet it has been reduced over the years. Return on equity has decreased, which might concern investors about returns. However, the equity ratio improved slightly, suggesting a better balance between assets and liabilities. Overall, while leverage remains a concern, there is a modest improvement in equity positioning.

Cash Flow

Operating cash flow has been strong, indicating decent operational cash generation, although free cash flow growth is modest. The operating cash flow to net income ratio is high, demonstrating efficient cash conversion. Free cash flow relative to net income has been positive, indicating good cash management despite fluctuations in net income.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
757.90M	807.82M	782.52M	660.38M	383.67M
	Gross Profit
656.72M	646.58M	617.20M	544.94M	317.84M
	EBIT
89.19M	179.28M	213.35M	197.51M	2.04M
	EBITDA
89.19M	318.02M	213.35M	197.51M	137.35M
	Net Income Common Stockholders
15.02M	84.00M	120.49M	152.93M	-81.68M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
400.68M	272.40M	293.39M	302.01M	251.71M
	Total Assets
1.92B	2.12B	1.92B	1.64B	1.48B
	Total Debt
958.51M	1.01B	978.00M	981.52M	1.13B
	Net Debt
557.84M	741.26M	684.60M	679.52M	883.20M
	Total Liabilities
1.67B	1.90B	1.70B	1.46B	1.49B
	Stockholders Equity
255.94M	226.14M	217.64M	174.50M	-7.90M
Cash Flow		Free Cash Flow
161.98M	147.12M	145.07M	286.92M	-40.25M
	Operating Cash Flow
318.41M	292.23M	272.64M	391.63M	36.18M
	Investing Cash Flow
-156.16M	-204.31M	-179.34M	-151.91M	-94.12M
	Financing Cash Flow
-23.65M	-110.94M	-100.57M	-188.36M	15.07M

Everi Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVRI, the sentiment is Positive. The current price of 14.03 is above the 20-day moving average (MA) of 13.83, above the 50-day MA of 13.72, and above the 200-day MA of 13.33, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 68.50 is Neutral, neither overbought nor oversold. The STOCH value of 88.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EVRI.

Everi Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MCRI	76 Outperform	$1.45B	15.42	18.31%	1.53%	3.84%	19.95%
ACEL	76 Outperform	$953.06M	22.73	18.42%	―	6.28%	-1.99%
IGT	74 Outperform	$3.37B	9.82	8.08%	4.78%	-22.16%	123.24%
AGS	65 Neutral	$500.05M	10.21	53.82%	―	10.75%	10405.31%
EVRI	62 Neutral	$1.21B	82.29	6.23%	―	-6.97%	-81.42%
Sector *	61 Neutral	$6.58B	11.77	3.05%	3.99%	2.61%	-21.52%
BALY	47 Neutral	$741.76M	―	-170.41%	―	0.06%	-248.51%

Everi Holdings Corporate Events

Everi Holdings Reports Q1 2025 Financial Estimates

On July 26, 2024, Everi Holdings entered into definitive agreements with International Game Technology PLC and other parties for a proposed transaction where Everi and IGT’s Gaming & Digital business will be acquired by a new holding company owned by Apollo Global Management affiliates. This transaction involves disclosing preliminary unaudited financial results for March 31, 2025, to facilitate financing discussions. The preliminary estimates show an increase in cash and cash equivalents compared to December 31, 2024, but a decrease in total revenues and Pro Forma Adjusted EBITDA for the three months ended March 31, 2025, compared to the same period in 2024.

Spark’s Take on EVRI Stock

According to Spark, TipRanks’ AI Analyst, EVRI is a Neutral.

Everi Holdings’ overall stock score is primarily influenced by solid technical indicators and a strong cash flow position. However, the high P/E ratio and declining profit margins are significant concerns. The company’s high leverage and lack of dividend yield also weigh negatively on the overall score. Continued focus on reducing debt and improving profitability is essential for enhancing investor confidence.

To see Spark’s full report on EVRI stock, click here.

Everi Holdings Reappoints Michael Rumbolz as Executive Chair

On March 20, 2025, Everi Holdings Inc. reappointed Michael D. Rumbolz as Executive Chair of the Board of Directors, effective April 1, 2025. The agreement includes monthly cash compensation, a potential discretionary bonus, and equity compensation contingent on a merger transaction. The agreement also imposes non-competition and non-solicitation covenants on Mr. Rumbolz after his tenure.