
EnviroStar (EVI) Stock Forecast & Price Target
EnviroStar (EVI) Analyst Ratings
Bulls say
EVI Industries is poised for strong revenue growth in the coming quarters, driven by increased government spending and Section 179 incentives. Management's confidence in the recent success of their newly-acquired Continental business and investments in efficiency suggest continued potential for improved performance. Additionally, their re-dedication to M&A and potential expansion into new categories demonstrates a strategic focus on future growth opportunities and shareholder value creation.
Bears say
EVI Industries is trading at a lower valuation compared to its peers in adjacent industries, with a price target of $35 (from $40) being ~15x the next-twelve-months EV/EBITDA estimate. Despite the company's solid nationwide platform and successful entry into high-profit adjacencies, the recent missed adjusted EBITDA expectations suggest potential challenges in achieving sustainable growth. As there is no financial guidance provided by EVI, uncertainty around future performance may also contribute to the negative outlook.
This aggregate rating is based on analysts' research of EnviroStar and is not a guaranteed prediction by Public.com or investment advice.
EnviroStar (EVI) Analyst Forecast & Price Prediction
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