Everi Holdings (EVRI) AI Stock Analysis

• Market Cap: $1.24B
• Dividend Yield: N/A
• Average Volume (3M): 1.30M
• Price to Earnings (P/E): 87.8
• Beta (1Y): 0.27
• Revenue Growth: -6.41%
• EPS Growth: -75.66%
• Country: US
• Employees: 2,300
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): N/A
• Shares Outstanding: 72,298,000
• 10 Day Avg. Volume: 1,501,045
• 30 Day Avg. Volume: 1,303,790
• PEG Ratio: -0.48
• Price to Book (P/B): 5.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.95
• Enterprise Value/Market Cap: 1.60
• Enterprise Value/Revenue: 0.65
• Enterprise Value/Gross Profit: 3.41
• Enterprise Value/Ebitda: 2.42
• 1Y Price Target: $14.25
• Price Target Upside: 0.07% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 62 Neutral
• Price Target: ―

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 gaming and financial technology solutions to the casino industry. The company operates in two main segments: Games and FinTech. Everi's Games segment focuses on developing and supplying electronic gaming machines, gaming content, and systems for land-based and online gaming operators. The FinTech segment offers a comprehensive suite of financial products and services, including cash access, self-service kiosks, compliance solutions, and loyalty programs, designed to enhance casino operations and improve customer engagement.

How the Company Makes Money

Everi Holdings generates revenue through two primary segments: Games and FinTech. In the Games segment, the company earns money by selling and leasing electronic gaming machines and providing gaming content and systems to casinos and gaming operators. This includes revenue from game sales, participation fees, and gaming operations. In the FinTech segment, Everi makes money by offering financial technology solutions that include cash access services like ATM withdrawals, credit card advances, and check cashing. They also earn from service fees associated with their self-service kiosks, compliance, and loyalty solutions. The integration of these services into casino operations helps drive recurring revenue streams. Additionally, partnerships with casinos and gaming operators play a significant role in expanding their market reach and increasing their revenue potential.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	749.85M	757.90M	807.82M	782.52M	660.38M	383.67M
Gross Profit	582.43M	656.72M	646.58M	617.20M	544.94M	317.84M
EBITDA	158.62M	243.14M	318.02M	213.35M	197.51M	137.35M
Net Income	14.38M	15.02M	84.00M	120.49M	152.93M	-81.68M
Balance Sheet
Total Assets	2.20B	1.92B	2.12B	1.92B	1.64B	1.48B
Cash, Cash Equivalents and Short-Term Investments	712.52M	400.68M	272.40M	293.39M	302.01M	251.71M
Total Debt	0.00	958.51M	1.01B	978.00M	981.52M	1.13B
Total Liabilities	1.94B	1.67B	1.90B	1.70B	1.46B	1.49B
Stockholders Equity	264.20M	255.94M	226.14M	217.64M	174.50M	-7.90M
Cash Flow
Free Cash Flow	461.08M	161.98M	147.12M	145.07M	286.92M	-40.25M
Operating Cash Flow	605.53M	318.41M	292.23M	272.64M	391.63M	36.18M
Investing Cash Flow	-144.24M	-156.16M	-204.31M	-179.34M	-151.91M	-94.12M
Financing Cash Flow	-13.19M	-23.65M	-110.94M	-100.57M	-188.36M	15.07M

Everi Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• 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 14.24 is above the 20-day moving average (MA) of 14.21, above the 50-day MA of 14.11, and above the 200-day MA of 13.64, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 71.43 is Negative, neither overbought nor oversold. The STOCH value of 82.22 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	79 Outperform	$1.64B	17.53	18.31%	1.35%	3.84%	19.95%
ACEL	76 Outperform	$1.04B	25.09	18.42%	―	6.28%	-1.99%
BRSL	75 Outperform	$3.52B	12.06	1.33%	4.52%	-33.50%	35.81%
AGS	68 Neutral	$518.40M	10.86	49.64%	―	6.60%	778.46%
EVRI	62 Neutral	$1.24B	87.85	5.81%	―	-6.41%	-75.66%
Sector *	56 Neutral	HK$24.56B	3.85	-2.03%	6.52%	-0.31%	-67.70%
BALY	53 Neutral	$539.64M	―	-65.87%	―	-1.93%	15.16%

Everi Holdings Corporate Events

Everi Holdings Acquired by Apollo Global Management

On July 1, 2025, Everi Holdings Inc. and International Game Technology’s Gaming & Digital business were acquired by a holding company owned by Apollo Global Management affiliates. This transaction, valued at approximately $6.3 billion, aims to create a global leader in gaming, digital, and financial technology solutions under the IGT name. The merger resulted in Everi’s delisting from the NYSE, with stockholders receiving $14.25 per share. The combined enterprise will focus on delivering innovative content and scalable solutions across the global gaming ecosystem, with plans to integrate the two companies in the coming months.

The most recent analyst rating on (EVRI) stock is a Hold with a $14.25 price target. To see the full list of analyst forecasts on Everi Holdings stock, see the EVRI Stock Forecast page.

Everi Holdings Holds Annual Stockholders Meeting

On May 21, 2025, Everi Holdings Inc. held its Annual Meeting of Stockholders where several key proposals were voted on. Stockholders re-elected Geoffrey P. Judge, Michael D. Rumbolz, and Debra L. Nutton as Class II directors to serve until the 2028 annual meeting. Additionally, the compensation of the company’s named executive officers was approved on an advisory non-binding basis, and PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (EVRI) stock is a Hold with a $14.25 price target. To see the full list of analyst forecasts on Everi Holdings stock, see the EVRI Stock Forecast page.

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.