Evertec (EVTC) to Release Earnings on Wednesday

Evertec (NYSE:EVTC - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 30th. Analysts expect Evertec to post earnings of $0.86 per share and revenue of $222.23 million for the quarter. Evertec has set its FY 2025 guidance at 3.360-3.450 EPS.

Evertec (NYSE:EVTC - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The business services provider reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.06. Evertec had a net margin of 14.89% and a return on equity of 38.45%. The business had revenue of $228.79 million during the quarter, compared to analysts' expectations of $217.97 million. During the same period in the previous year, the company earned $0.72 earnings per share. Evertec's revenue for the quarter was up 11.4% on a year-over-year basis. On average, analysts expect Evertec to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Evertec Stock Performance

Shares of Evertec stock traded up $0.19 on Friday, reaching $33.30. The stock had a trading volume of 223,584 shares, compared to its average volume of 325,938. The business's 50-day moving average price is $35.94 and its two-hundred day moving average price is $34.95. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.99 and a current ratio of 1.99. Evertec has a fifty-two week low of $31.11 and a fifty-two week high of $38.56. The stock has a market cap of $2.12 billion, a P/E ratio of 16.73, a price-to-earnings-growth ratio of 1.83 and a beta of 0.98.

Evertec Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Monday, August 4th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend is Monday, August 4th. Evertec's dividend payout ratio (DPR) is currently 10.05%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on EVTC shares. Keefe, Bruyette & Woods boosted their price target on shares of Evertec from $42.00 to $44.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. Raymond James Financial boosted their price target on shares of Evertec from $39.00 to $42.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of Evertec in a report on Thursday, July 17th. They issued a "hold" rating and a $35.00 price target on the stock. Finally, Susquehanna set a $39.00 price target on shares of Evertec and gave the company a "neutral" rating in a report on Tuesday, May 20th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $39.00.

Insider Activity at Evertec

In related news, EVP Luis A. Rodriguez-Gonzalez sold 18,898 shares of the firm's stock in a transaction on Friday, May 9th. The stock was sold at an average price of $35.69, for a total value of $674,469.62. Following the transaction, the executive vice president owned 35,203 shares in the company, valued at approximately $1,256,395.07. This trade represents a 34.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Aldo J. Polak sold 2,243 shares of the firm's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $35.72, for a total value of $80,119.96. Following the completion of the transaction, the director owned 11,946 shares in the company, valued at $426,711.12. The trade was a 15.81% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 75,634 shares of company stock valued at $2,742,976. 0.63% of the stock is currently owned by insiders.

Institutional Trading of Evertec

Institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC bought a new position in shares of Evertec during the 1st quarter worth approximately $248,000. Royal Bank of Canada boosted its holdings in shares of Evertec by 10.2% during the 1st quarter. Royal Bank of Canada now owns 37,786 shares of the business services provider's stock worth $1,389,000 after buying an additional 3,495 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Evertec by 3.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,915 shares of the business services provider's stock worth $1,394,000 after buying an additional 1,222 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Evertec by 1.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,721 shares of the business services provider's stock worth $3,189,000 after buying an additional 846 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Evertec by 184.6% during the 1st quarter. Jane Street Group LLC now owns 133,714 shares of the business services provider's stock worth $4,917,000 after buying an additional 86,733 shares in the last quarter. 96.80% of the stock is currently owned by institutional investors.

About Evertec

EVERTEC, Inc engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards.