Evi Industries Stock Buy Hold or Sell Recommendation

EVI Stock  USD 23.37  0.64  2.67%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding EVI Industries is 'Sell'. Macroaxis provides EVI Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EVI positions. The advice algorithm takes into account all of EVI Industries' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
22.57
Hype Value
24.04
Market Value
23.37
Naive Value
25.29
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell EVI Industries given historical horizon and risk tolerance towards EVI Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for EVI Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out EVI Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.
In addition, we conduct extensive research on individual companies such as EVI and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.

Execute EVI Industries Buy or Sell Advice

The EVI recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EVI Industries. Macroaxis does not own or have any residual interests in EVI Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EVI Industries' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell EVI IndustriesBuy EVI Industries
Sell

Market Performance

WeakDetails

Volatility

Not too volatileDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong SellDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon EVI Industries has a Mean Deviation of 2.15, Standard Deviation of 3.02 and Variance of 9.11
Our investment recommendation module complements current analysts and expert consensus on EVI Industries. It analyzes the firm potential to grow using all fundamental, technical, and market related data available now. To make sure EVI Industries is not overpriced, please confirm all EVI Industries fundamentals, including its total debt, total asset, and the relationship between the gross profit and short ratio . Given that EVI Industries has a price to earning of 312.50 X, we urge you to verify EVI Industries market performance and probability of bankruptcy to ensure the company can sustain itself next year given your prevailing risk tolerance and investing horizon.

EVI Industries Trading Alerts and Improvement Suggestions

EVI Industries had very high historical volatility over the last 90 days
EVI Industries is unlikely to experience financial distress in the next 2 years
About 60.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Aircraft Inventory Levels Resume Slow Ascent While Asking Values Remain Stable

EVI Industries Returns Distribution Density

The distribution of EVI Industries' historical returns is an attempt to chart the uncertainty of EVI Industries' future price movements. The chart of the probability distribution of EVI Industries stock daily returns describes the distribution of returns around its average expected value. We use EVI Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EVI Industries returns is essential to provide solid investment advice for EVI Industries.
Mean Return
-0.09
Value At Risk
-5.5
Potential Upside
5.12
Standard Deviation
3.02
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EVI Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

EVI Industries Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory4.0M665K(20.4M)(8.3M)(7.5M)(7.1M)
Change In Cash4.8M(3.7M)(2.1M)1.9M1.8M1.8M
Free Cash Flow19.7M10.9M(5.9M)(2.8M)(3.2M)(3.0M)
Depreciation3.7M4.6M5.2M6.0M6.9M7.3M
Other Non Cash Items510K(6.6M)586K551K495.9K520.7K
Capital Expenditures3.4M2.8M4.0M3.7M4.3M4.5M
Net Income775K8.4M4.1M9.7M11.2M11.7M
End Period Cash Flow9.8M6.1M4.0M5.9M6.8M3.5M
Dividends Paid50K69K120K118K106.2K100.9K
Change To Netincome2.6M(2.7M)2.8M3.9M4.5M4.8M
Change Receivables(8.9M)8.1M(4.5M)(12.1M)(10.9M)(10.4M)
Net Borrowings(13.0M)(9M)15.8M7M8.1M5.9M
Investments(4.8M)(7.6M)(15.9M)(6.0M)(5.4M)(5.7M)

EVI Industries Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EVI Industries or Trading Companies & Distributors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EVI Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EVI stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.21
β
Beta against NYSE Composite0.88
σ
Overall volatility
3.04
Ir
Information ratio -0.08

EVI Industries Volatility Alert

EVI Industries exhibits very low volatility with skewness of -0.29 and kurtosis of 1.06. However, we advise investors to further study EVI Industries technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EVI Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact EVI Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

EVI Industries Fundamentals Vs Peers

Comparing EVI Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze EVI Industries' direct or indirect competition across all of the common fundamentals between EVI Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as EVI Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EVI Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing EVI Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare EVI Industries to competition
FundamentalsEVI IndustriesPeer Average
Return On Equity0.0567-0.31
Return On Asset0.0358-0.14
Profit Margin0.02 %(1.27) %
Operating Margin0.03 %(5.51) %
Current Valuation341.81 M16.62 B
Shares Outstanding12.67 M571.82 M
Shares Owned By Insiders59.60 %10.09 %
Shares Owned By Institutions40.62 %39.21 %
Number Of Shares Shorted176.86 K4.71 M
Price To Earning312.50 X28.72 X
Price To Book2.31 X9.51 X
Price To Sales0.83 X11.42 X
Revenue354.17 M9.43 B
Gross Profit103.68 M27.38 B
EBITDA22.53 M3.9 B
Net Income9.72 M570.98 M
Cash And Equivalents5.92 M2.7 B
Cash Per Share0.32 X5.01 X
Total Debt44.45 M5.32 B
Debt To Equity0.31 %48.70 %
Current Ratio1.41 X2.16 X
Book Value Per Share10.38 X1.93 K
Cash Flow From Operations940 K971.22 M
Short Ratio10.07 X4.00 X
Earnings Per Share0.49 X3.12 X
Number Of Employees70518.84 K
Beta0.31-0.15
Market Capitalization304.31 M19.03 B
Total Asset253.85 M29.47 B
Retained Earnings32.61 M9.33 B
Working Capital49.05 M1.48 B
Current Asset6.72 M9.34 B
Current Liabilities1.78 M7.9 B
Note: Disposition of 4597 shares by Henry Nahmad of EVI Industries at 20.77 subject to Rule 16b-3 [view details]

EVI Industries Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EVI . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About EVI Industries Buy or Sell Advice

When is the right time to buy or sell EVI Industries? Buying financial instruments such as EVI Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total36.1M44.5M51.1M53.7M
Total Assets230.8M253.8M291.9M306.5M

Use Investing Ideas to Build Portfolios

In addition to having EVI Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Cash Cows Thematic Idea Now

Cash Cows
Cash Cows Theme
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cash Cows Theme or any other thematic opportunities.
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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 EVI Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.