Everi Holdings Inc (EVRI) is Reiterated by Stifel to Buy, Lowers Price Target to $ 3

Everi Holdings Inc (EVRI) was Reiterated by Stifel to “Buy” while Lowering the Price Target of the company shares to $ 3 from a previous price target of $5 . Stifel advised their investors in a research report released on May 6, 2016.

Many Wall Street Analysts have commented on Everi Holdings Inc. Everi Holdings Inc was Downgraded by Craig Hallum to ” Hold” on Mar 16, 2016.

On the company’s financial health, Everi Holdings Inc reported $0.10 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Mar 15, 2016. Analyst had a consensus of $0.17. The company had revenue of $204.40 million for the quarter, compared to analysts expectations of $196.76 million. The company’s revenue was up 34.4% compared to the same quarter last year.

In a different news, on Nov 19, 2015, Michael D Rumbolz (director) purchased 10,000 shares at $3.78 per share price. According to the SEC, on Nov 12, 2015, Geoffrey P Judge (director) purchased 2,500 shares at $3.96 per share price. On Sep 16, 2015, E Miles Kilburn (director) purchased 10,000 shares at $4.97 per share price, according to the Form-4 filing with the securities and exchange commission.

Everi Holdings Inc. formerly Global Cash Access Holdings Inc. is a holding company. The Company operates through subsidiaries including Global Cash Access Inc. which provides integrated gaming payments solutions video and mechanical reel gaming content and technology solutions as well as compliance and efficiency software and Multimedia Games Holding Company Inc. which designs manufactures and supplies gaming machines and systems to commercial and Native American casino operators as well as select lottery operators and commercial bingo facility operators. The Company’s segments include Games which provides solutions directly to gaming establishments to offer its patrons gaming entertainment related experiences including leased gaming equipment; sales and maintenance related services of gaming equipment and gaming systems and Payments which provides solutions directly to gaming establishments to offer its patrons cash access related services and products.

Everi Holdings Inc

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