Everi Holdings - Chart Of The Day

The Chart of the Day belongs to Everi Holdings (EVRI).  I found the gaming and payments stock by using Barchart to sort today's Top Stocks to Own list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy in 1/18 the stock gained 142.91%.

Everi Holdings Inc. is a holding company which operates through subsidiaries, Global Cash Access, Inc. and Multimedia Games Holding Company, Inc. The Company's segments include Games and Payments. Global Cash Access, Inc. provides integrated gaming payments solutions, video and mechanical reel gaming content and technology solutions, as well as compliance and software. Multimedia Games Holding Company, Inc., designs, manufactures and supplies gaming machines and systems. Everi Holdings Inc., formerly known as Global Cash Access Holdings, Inc., is headquartered in Las Vegas, United States.

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The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:
 

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 40.85% in the last month
  • Relative Strength Index 78.10%
  • Technical support level at 5.57
  • Recently traded at 6.00 with a 50 day moving average of 4.06

Fundamental factors:

  • Market Cap $379 million
  • Revenue expected to grow 3.60% this year and another 3.80% next year
  • Earnings estimated to increase 69.80% this year, 55.60% next year and continue to compound at an annual rate of 20.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy recommendations on the stock

Disclosure: None.

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Jerry Wiegand 7 years ago Member's comment

Thank you for your insights into this gem Jim. The balance sheet of Everi has been looking very robust. I'll have to keep my eye on Everi until I've completed my due diligence into their future prospects.