Street Calls of the Week
Investing.com - DA Davidson maintained its Buy rating and $28.00 price target on EVI Industries Inc. (NYSE:EVI) following the company’s fourth-quarter fiscal 2025 results. According to InvestingPro data, the stock is trading near its 52-week high of $28.65, with an impressive year-to-date return of 72.6%.
EVI Industries reported revenue of $110.0 million, exceeding DA Davidson’s estimate of $105.5 million. The company’s Adjusted EBITDA reached $7.2 million, surpassing the analyst’s expectation of $6.3 million. The company maintains a strong financial health score of "GOOD" on InvestingPro, with revenue growth of 10.26% over the last twelve months.
DA Davidson analyst Michael Shlisky noted that EVI Industries does not hold earnings calls with question-and-answer sessions, though a follow-up call with management was scheduled for later in the day.
The research firm indicated that EVI’s management tone suggested mid-single-digit organic growth for fiscal year 2026 remains achievable, aligning with the analyst’s current expectations.
DA Davidson expressed confidence that EVI shares would start the day positively despite the stock recently reaching the firm’s price target, with more details expected following their scheduled call with management.
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