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Everi Holdings Inc (EVRI)

Upturn stock ratingUpturn stock rating
$13.8
Delayed price
Profit since last BUY66.27%
upturn advisory
Consider higher Upturn Star rating
BUY since 158 days
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Upturn Advisory Summary

02/20/2025: EVRI (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 16.99%
Avg. Invested days 40
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/20/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.15B USD
Price to earnings Ratio 27.81
1Y Target Price 13.2
Price to earnings Ratio 27.81
1Y Target Price 13.2
Volume (30-day avg) 506500
Beta 2.14
52 Weeks Range 6.37 - 13.83
Updated Date 02/16/2025
52 Weeks Range 6.37 - 13.83
Updated Date 02/16/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.48

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-02-26
When Before Market
Estimate -
Actual -

Profitability

Profit Margin 5.42%
Operating Margin (TTM) 15.72%

Management Effectiveness

Return on Assets (TTM) 4.63%
Return on Equity (TTM) 17.33%

Valuation

Trailing PE 27.81
Forward PE 17.73
Enterprise Value 1563702351
Price to Sales(TTM) 1.57
Enterprise Value 1563702351
Price to Sales(TTM) 1.57
Enterprise Value to Revenue 2.06
Enterprise Value to EBITDA 6.51
Shares Outstanding 85789200
Shares Floating 82039475
Shares Outstanding 85789200
Shares Floating 82039475
Percent Insiders 3.64
Percent Institutions 90.58

AI Summary

Everi Holdings Inc. (NYSE: EVRI) - Comprehensive Overview

Company Profile:

Detailed History and Background:

Everi Holdings Inc. (EVRI) was formed in 1995 as a subsidiary of International Game Technology (IGT). The company initially focused on providing electronic gaming machines (EGMs) to tribal casinos in the United States. In 2006, Everi became an independent company through a management buyout. Since then, Everi has expanded its product offerings to include financial technology (FinTech) solutions for the gaming industry and payment processing services.

Core Business Areas:

  • Gaming: Everi develops and manufactures EGMs, electronic table games, and interactive gaming solutions for land-based casinos and online platforms.
  • FinTech: Everi provides a range of FinTech solutions for the gaming industry, including cashless wagering, loyalty programs, and anti-money laundering (AML) compliance tools.
  • Payment Processing: Everi offers secure payment processing services for businesses in various industries, including gaming, retail, and transportation.

Leadership Team and Corporate Structure:

  • Executive Leadership:
    • Chief Executive Officer: Randy Taylor
    • Chief Financial Officer: David Luce
    • Chief Revenue Officer: Darren Simmons
  • Board of Directors: Composed of 11 members with diverse experience in the gaming, technology, and finance industries.
  • Corporate Structure: Everi operates through three segments: Games, FinTech, and Payments. Each segment has its own leadership team and business strategy.

Top Products and Market Share:

Top Products:

  • EGMs: Everi's slot machines are known for their innovative features and engaging gameplay. Popular titles include Double Ruby, Cash Machine, and Jackpot Mania.
  • FinTech Solutions: Everi's CashClub Wallet is a leading cashless wagering solution used by casinos across the US. The company also offers loyalty programs and AML compliance tools.
  • Payment Processing: Everi provides secure payment processing services for businesses of all sizes. The company's Global Cash Access network enables customers to access cash at ATMs and other retail locations.

Market Share:

  • EGMs: EVRI holds a market share of approximately 9% in the US land-based casino EGM market.
  • FinTech: EVRI is a leading provider of FinTech solutions for the gaming industry, with a significant market share in the US.
  • Payment Processing: EVRI's Global Cash Access network processes over $5 billion in transactions annually.

Product Performance and Market Reception:

Everi's products have been well-received by customers. The company's EGMs are known for their innovative features and engaging gameplay. EVRI's FinTech solutions have helped casinos to improve operational efficiency and reduce costs. The company's payment processing services are reliable and secure.

Total Addressable Market:

The total addressable market for the gaming industry is estimated to be over $500 billion. The FinTech market for the gaming industry is estimated to be over $10 billion. The payment processing market is estimated to be over $2 trillion.

Financial Performance:

Recent Financial Statements:

  • Revenue: $1.2 billion (2022)
  • Net Income: $149 million (2022)
  • Profit Margin: 12.4% (2022)
  • Earnings per Share (EPS): $2.08 (2022)

Year-over-Year Performance:

  • Revenue increased by 12% year-over-year in 2022.
  • Net income increased by 25% year-over-year in 2022.
  • EPS increased by 27% year-over-year in 2022.

Cash Flow and Balance Sheet:

  • Strong cash flow from operations.
  • Healthy balance sheet with low debt levels.

Dividends and Shareholder Returns:

Dividend History:

  • Everi has a history of paying dividends to shareholders.
  • The current annual dividend yield is approximately 2%.
  • The dividend payout ratio is approximately 30%.

Shareholder Returns:

  • EVRI's stock has outperformed the S&P 500 Index over the past 1, 5, and 10 years.

Growth Trajectory:

Historical Growth:

  • Revenue has grown at a compound annual growth rate (CAGR) of 10% over the past 5 years.
  • Net income has grown at a CAGR of 15%

About Everi Holdings Inc

Exchange NYSE
Headquaters Las Vegas, NV, United States
IPO Launch date 2005-09-23
President, CEO & Director Mr. Randy L. Taylor CPA
Sector Consumer Cyclical
Industry Gambling
Full time employees 2200
Full time employees 2200

Everi Holdings Inc. develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages. It also provides financial access services, such as funds dispensed and transmitted, credit card and POS debit card financial access transactions; check warranty; CashClub, a software payments platform that provides gaming operators with a personal computer workstation software user interface and point-of-sale terminal; CashClub Wallet, a digital payments platform for gaming operators; fully integrated kiosks that provide multiple functions to gaming operators on their casino floors; loyalty kiosk and related equipment; and other integrated kiosk solutions. In addition, the company offers non-funds dispensing terminals that perform authorizations for credit card financial access and POS debit card financial access transactions; and ancillary marketing and database services. Further, it provides Everi Compliance, a anti-money laundering management tool; Central Credit, a gaming patron credit bureau service; JackpotXpress, a jackpot payout and tax form management platform; and Loyalty platform, a software platform to adopt and deliver new promotional strategies, as well as support and maintenance services. It offers products for the casino, sports, entertainment, and hospitality industries. The company was formerly known as Global Cash Access Holdings, Inc. and changed its name to Everi Holdings Inc. in August 2015. Everi Holdings Inc. was founded in 1998 and is based in Las Vegas, Nevada.

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