Professional
Added to YB: 2024-07-26
Pitch date: 2024-07-11
EVRI [bullish]
Everi Holdings Inc.
+56.31%
current return
Author Info
No bio for this author
Company Info
Everi Holdings Inc. develops and supplies game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, Australia, and internationally.
Market Cap
$1.2B
Pitch Price
$9.11
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.00
P/E
88.95
EV/Sales
2.01
Sector
Hotels, Restaurants and Leisure
Category
growth
Patient Capital Management New Position: Everi Holdings Inc.
EVRI: Gaming tech provider down 44% YoY. $700M mkt cap. Merger w/ IGT gaming creates oligopoly (3 players). New game launches coming. High cash generation potential. Conservative mid-teens price target (~100% upside). Sales slowed w/ economy. Stock hit $6.37 low, now $8.40.
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