Company Presentation: EVI Industries, Inc. will be represented by Chairman and CEO Henry M. Nahmad at the Jefferies Industrials Conference on September 3, 2025, where he will also hold one-on-one meetings.
Business Overview: EVI is North America's largest distributor of commercial laundry products, offering technical installation and maintenance services, with a strong focus on long-term value creation through acquisitions and organic growth.
Growth Metrics: Since 2016, EVI has achieved significant growth with a compounded annual growth rate of 31% in revenue, 18% in net income, and 28% in adjusted EBITDA, while maintaining a low-leverage balance sheet.
Forward-Looking Statements: The company cautions that forward-looking statements are subject to risks and uncertainties, which may affect actual results, and advises against placing undue reliance on these projections.
EVI
$23.19+Infinity%1D
Analyst Views on EVI
Wall Street analysts forecast EVI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVI is 35.00 USD with a low forecast of 35.00 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast EVI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVI is 35.00 USD with a low forecast of 35.00 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 22.610
Low
35.00
Averages
35.00
High
35.00
Current: 22.610
Low
35.00
Averages
35.00
High
35.00
DA Davidson
Buy
downgrade
$40 -> $35
2025-11-12
Reason
DA Davidson
Price Target
$40 -> $35
2025-11-12
downgrade
Buy
Reason
DA Davidson lowered the firm's price target on EVI Industries to $35 from $40 but keeps a Buy rating on the shares. The company's top-line numbers missed the firm's estimate by well under 1%, though it also got the sense that the management felt it could do more, the analyst tells investors in a research note. EVI has also accelerated its one-time investments in its industry-first e-commerce, CRM, and appointment systems, each of which will lead to operating leverage once fully operational, the firm added.
DA Davidson
Michael Shlisky
Buy
maintain
$28 -> $33
2025-09-16
Reason
DA Davidson
Michael Shlisky
Price Target
$28 -> $33
2025-09-16
maintain
Buy
Reason
DA Davidson analyst Michael Shlisky raised the firm's price target on EVI Industries to $33 from $28 and keeps a Buy rating on the shares after its Q2 results last week. The firm estimates that organic revenue growth was mid-to-high single-digits - not far off from the company's long-term CAGR - with backlogs also up 10% y/y organically, the analyst tells investors in a research note. EVI Industries also noted that the Continental, Girbau, acquisition has been a success thus far, exceeding expectations, the firm added.
DA Davidson
NULL -> Buy
initiated
$28
2025-06-05
Reason
DA Davidson
Price Target
$28
2025-06-05
initiated
NULL -> Buy
Reason
DA Davidson initiated coverage of EVI Industries with a Buy rating and $28 price target. The company is building a commanding presence in industrial laundry machinery by building a nationwide user- and master-distribution presence, the analyst tells investors in a research note. As EVI Industries rapidly consolidates its M&A deals into one platform, the firm foresees a double-digit EBITDA-margin company emerging with a strong ROIC profile, DA Davidson added.
About EVI
EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor and a provider of advisory and technical services. It provides its customers with planning, designing, and consulting services related to their commercial laundry operations. It sells and/or leases its customers commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. In support of the suite of products it offers, the Company sells related parts and accessories. Additionally, through the Company’s network of commercial laundry technicians, the Company provides its customers with installation, maintenance, and repair services. It also sells replacement parts and accessories for the products it distributes. Its customers include retail, commercial, industrial, institutional, and government customers. Material handling equipment distributed by the Company includes conveyor and rail systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
