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How to Buy Evi Industries Stock

Evi Industries Inc

EVI Industries, Inc. sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment. The company is headquartered in Miami, Florida and currently employs 475 full-time employees.

Evi Industries stock last closed at $21.98, up 2.52% from the previous day, and has increased 22.25% in one year. It has underperformed other stocks in the Industrial Distribution industry by 0.08 percentage points. Evi Industries stock is currently +25.17% from its 52-week low of $17.56, and -23.28% from its 52-week high of $28.65.

There are currently 12.67M shares of EVI outstanding. The market capitalization of EVI is $278.58M. In the last 24 hours, 18,047 EVI shares were traded.

How to Buy Evi Industries Stock

Not sure how to invest in Evi Industries stock? Here's how.
  1. Decide where to buy Evi Industries stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Evi Industries stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your details.
  4. Evaluate Evi Industries stock: The Evi Industries ticker symbol is EVI. Is Evi Industries stock a good investment? Should you buy shares of EVI? How do EVI's underlying business fundamentals look? Do top analysts think Evi Industries is a good buy? Why has EVI's stock price moved recently? (Hint: Our stock market research tools can help you decide if EVI is a good stock to buy).
  5. Place your EVI purchase: Decide if you will purchase EVI shares at the current market price or use a limit order to buy EVI shares at a particular price.
  6. Get the latest scoop on your EVI position: Create a watchlist to important notifications about your position in Evi Industries stock.

Step 1: Decide where to buy Evi Industries stock

You need a brokerage account in order to access the NYSEMKT market and buy EVI shares.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you are able to invest in EVI today.

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Step 3: Deposit money your brokerage account

Now that you have finished signing up on our top ranked stock app, you can securely and quickly fund your account:

Watch the walkthrough below to see the process of transferring money into your new brokerage account.

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Step 4: Evaluate Evi Industries stock

Once you have decided on the best place to buy Evi Industries stock, it's absolutely critical to analyze their stock before you invest, so you actually comprehend the risk and opportunity.

Evi Industries stock data

EVI Price
$21.98
1w %
-0.09%
1y %
22.25%
5y %
-40.21%
P/E
43.96x
P/B
2.12x
P/S
0.76x
PEG
6.96x
Revenue
$367.55M
Earnings
$7.27M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$278.58M
Next Earnings
May 8, 2024
Next Dividend
N/A

Fundamentals of Evi Industries

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on EVI's stock page.

Is EVI stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EVI's fair value.

Using relative valuations ratios:

  • EVI may be undervalued based on its P/E ratio of 43.96x, relative to Industrial Distribution industry P/E ratio of 504.23x
  • EVI may be undervalued based on its P/B ratio of 2.12x, relative to Industrial Distribution industry P/B ratio of 6.71x
  • EVI could be overvalued based on its PEG ratio of 6.96x

You can do more valuation analysis on EVI's stock here.

EVI Financial Summary

Positive Health Checks:

  • EVI's operating cash flow of $16.67M allows it to safely service it's debt of $41.77M.
  • There are more short-term assets than long-term liabilities on the EVI balance sheet.
  • There are more short-term assets than short-term liabilities on the EVI balance sheet.
  • Total EVI debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • EVI earnings of $14.05M is not enough to cover its interest payments.
  • EVI has a relatively high debt to equity ratio of 0.88.
  • EVI profit margin has gone down from 2.1% to 2% in the past year.

EVI Trading Indicators

SMA10
22.3
SMA20
23.04
SMA50
22.44
SMA100
22.79
SMA200
24.1
MACD
-0.34
MACD Signal
-0.08
MACD Histogram
-0.26
RSI
45.09
Stochastic %K
30.93
Stochastic %D
22.73
StochRSI %K
15.88
StochRSI %D
6.44

EVI Growth Numbers

Last year, EVI earnings were $7.27M. In the past 5 year, EVI's earnings have increased by 8.67% per year. This was slower than the Industrial Distribution industry average of 12.07%.

Last year, EVI revenue was $367.55M. During the past five year, EVI's revenue has grown by 13.88% per year. This was slower than the Industrial Distribution industry average of 23.34%.

Learn more about EVI's earnings and revenue performance here.

Are EVI insiders buying or selling the stock?

Over the last year, insiders at EVI have sold more shares than they have bought.

Henry M. Nahmad, Chairman CEO and President of EVI, was the latest EVI insider to sell. They sold $95,479.69 worth of EVI stock on Feb 24, 2024.

Dig into more about who owns EVI shares here.

Does EVI provide a stable income stream?

Evi Industries pays a dividend of 1.27%, compared to the Industrial Distribution industry's average dividend yield of 1.77%. If you owned $1,000 worth of EVI stock, you would have received $12.74 in the past year.

Evi Industries dividend payments have not consistently grown over the past decade but have remained stable.

Dig into more analysis about Evi Industries dividend yield and history here.

What do other traders have to say about EVI?

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Step 5: Place your EVI purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price, place a limit order.

Click the Open button and your broker will execute your order.

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Step 6: Get the latest scoop on your EVI position

Now that you own some shares in EVI, you'll want to stay up-to-date on your investment.

Add EVI to a watchlist to see the latest developments about your EVI stock.

EVI Feed

How to Buy Stock in Evi Industries

To reiterate, here are the 6 steps for buying Evi Industries stock:

  1. Decide where to buy Evi Industries stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Evi Industries stock
  5. Place your EVI purchase
  6. Get the latest scoop on your EVI position

If you are looking for a brokerage account, eToro is our recommended venue.

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If you would like to keep track of your investment in Evi Industries, create your watchlist below.

NYSEMKT: EVI
$21.98+0.54 (+2.52%)
Updated Apr 19, 2024
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NYSEMKT: EVI
$21.98+0.54 (+2.52%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Evi Industries share?

As of Apr 19, 2024, it costs $21.98 to buy one share of Evi Industries stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.455 shares of EVI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Evi Industries stock?

One way to place an order for Evi Industries stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.