Evi Industries Stock Today

EVI Stock  USD 24.90  0.60  2.35%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 2

 
100  
 
Zero
Very Low
EVI Industries is trading at 24.90 as of the 29th of March 2024. This is a -2.35% down since the beginning of the trading day. The stock's open price was 25.5. EVI Industries has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for EVI Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
27th of March 1990
Category
Industrials
EVI Industries, Inc., through its subsidiaries, distributes, sells, rents, and leases commercial and industrial laundry and dry-cleaning equipment, and steam and hot water boilers in the United States, Canada, the Caribbean, and Latin America. EVI Industries, Inc. The company has 12.67 M outstanding shares of which 173.93 K shares are currently shorted by investors with about 7.98 days to cover. More on EVI Industries

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Moving against EVI Stock

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EVI Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. EVI Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding EVI Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanHenry Nahmad
Thematic IdeaPersonal Services (View all Themes)
Business ConcentrationTrading Companies & Distributors, Industrial Distribution, Industrials, Personal Services, Industrials, Trading Companies & Distributors, Industrial Distribution, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering EVI Industries report their recommendations after researching EVI Industries' financial statements, talking to executives and customers, or listening in on EVI Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering EVI Industries. The EVI consensus assessment is calculated by taking the average forecast from all of the analysts covering EVI Industries.
Financial Strength
Based on the key indicators related to EVI Industries' liquidity, profitability, solvency, and operating efficiency, EVI Industries is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of EVI Industries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03860.0345
Moderately Up
Slightly volatile
Asset Turnover1.421.26
Moderately Up
Slightly volatile
Gross Profit Margin0.330.34
Sufficiently Down
Very volatile
Total Current Liabilities92.3 M87.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total56.1 M53.4 M
Sufficiently Up
Slightly volatile
Total Assets306.5 M291.9 M
Sufficiently Up
Slightly volatile
Total Current Assets151.5 M144.3 M
Sufficiently Up
Slightly volatile
EVI Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to EVI Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand EVI Industries' financial leverage. It provides some insight into what part of EVI Industries' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on EVI Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how EVI Industries deploys its capital and how much of that capital is borrowed.
Liquidity
EVI Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 44.45 M in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. EVI Industries has a current ratio of 1.38, which is typical for the industry and considered as normal. Debt can assist EVI Industries until it has trouble settling it off, either with new capital or with free cash flow. So, EVI Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EVI Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EVI to invest in growth at high rates of return. When we think about EVI Industries' use of debt, we should always consider it together with cash and equity.

Change In Working Capital

(16.05 Million)
EVI Industries (EVI) is traded on NYSE MKT Exchange in USA. It is located in 4500 Biscayne Boulevard, Miami, FL, United States, 33137 and employs 705 people. EVI Industries is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 315.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate EVI Industries's market, we take the total number of its shares issued and multiply it by EVI Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. EVI Industries runs under Trading Companies & Distributors sector within Industrials industry. The entity has 12.67 M outstanding shares of which 173.93 K shares are currently shorted by investors with about 7.98 days to cover. EVI Industries has about 5.92 M in cash with 940 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Check EVI Industries Probability Of Bankruptcy
Ownership Allocation
EVI Industries retains a total of 12.67 Million outstanding shares. EVI Industries retains noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check EVI Ownership Details

EVI Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of EVI Industries jumping above the current price in 90 days from now is about 1.66%. The EVI Industries probability density function shows the probability of EVI Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.529 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, EVI Industries will likely underperform. Additionally, eVI Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 24.9HorizonTargetOdds Above 24.9
98.31%90 days
 24.90 
1.66%
Based on a normal probability distribution, the odds of EVI Industries to move above the current price in 90 days from now is about 1.66 (This EVI Industries probability density function shows the probability of EVI Stock to fall within a particular range of prices over 90 days) .

EVI Industries Historical Income Statement

EVI Industries Income Statement is one of the three primary financial statements used for reporting EVI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of EVI Industries revenue and expense. EVI Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, EVI Industries' Gross Profit is increasing as compared to previous years. The EVI Industries' current Other Operating Expenses is estimated to increase to about 407.7 M, while Total Other Income Expense Net is forecasted to increase to (2.7 M). View More Fundamentals

EVI Stock Against Markets

Picking the right benchmark for EVI Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in EVI Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for EVI Industries is critical whether you are bullish or bearish towards EVI Industries at a given time. Please also check how EVI Industries' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in EVI Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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EVI Industries Corporate Directors

EVI Industries corporate directors refer to members of an EVI Industries board of directors. The board of directors generally takes responsibility for the EVI Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of EVI Industries' board members must vote for the resolution. The EVI Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Venerando IndelicatoCFO, Treasurer and DirectorProfile
Alan GrunspanIndependent DirectorProfile
David BlyerIndependent DirectorProfile
Hal LucasIndependent DirectorProfile

How to buy EVI Stock?

Before investing in EVI Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in EVI Industries. To buy EVI Industries stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of EVI Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase EVI Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located EVI Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased EVI Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as EVI Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy EVI Stock please use our How to Invest in EVI Industries guide.

Already Invested in EVI Industries?

The danger of trading EVI Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of EVI Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than EVI Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile EVI Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether EVI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EVI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evi Industries Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running EVI Industries' price analysis, check to measure EVI Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EVI Industries is operating at the current time. Most of EVI Industries' value examination focuses on studying past and present price action to predict the probability of EVI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVI Industries' price. Additionally, you may evaluate how the addition of EVI Industries to your portfolios can decrease your overall portfolio volatility.
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Is EVI Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EVI Industries. If investors know EVI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EVI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Earnings Share
0.49
Revenue Per Share
29.191
Quarterly Revenue Growth
0.106
Return On Assets
0.0358
The market value of EVI Industries is measured differently than its book value, which is the value of EVI that is recorded on the company's balance sheet. Investors also form their own opinion of EVI Industries' value that differs from its market value or its book value, called intrinsic value, which is EVI Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EVI Industries' market value can be influenced by many factors that don't directly affect EVI Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EVI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if EVI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVI Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.