EVERTEC (EVTC) Expected to Announce Earnings on Wednesday

EVERTEC (NYSE:EVTC - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect EVERTEC to post earnings of $0.81 per share and revenue of $217.97 million for the quarter.

EVERTEC Trading Up 1.7 %

Shares of EVERTEC stock traded up $0.59 during trading hours on Friday, reaching $34.59. 194,014 shares of the company's stock were exchanged, compared to its average volume of 381,173. EVERTEC has a 52-week low of $28.76 and a 52-week high of $38.32. The company has a fifty day moving average of $35.19 and a 200-day moving average of $34.35. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.84. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 27.02, a price-to-earnings-growth ratio of 1.43 and a beta of 1.02.

EVERTEC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Tuesday, May 13th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.58%. EVERTEC's dividend payout ratio (DPR) is presently 11.56%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Susquehanna raised shares of EVERTEC from a "negative" rating to a "neutral" rating and upped their price objective for the company from $28.00 to $30.00 in a research note on Thursday, February 27th. William Blair reiterated an "outperform" rating on shares of EVERTEC in a report on Thursday, February 27th.

Insider Buying and Selling

In related news, EVP Paola Perez-Surillo sold 14,585 shares of EVERTEC stock in a transaction on Friday, March 7th. The shares were sold at an average price of $37.15, for a total transaction of $541,832.75. Following the sale, the executive vice president now owns 35,203 shares of the company's stock, valued at $1,307,791.45. The trade was a 29.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Karla Cruz sold 2,000 shares of the company's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $36.77, for a total transaction of $73,540.00. Following the completion of the transaction, the chief accounting officer now directly owns 18,065 shares of the company's stock, valued at approximately $664,250.05. The trade was a 9.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 191,170 shares of company stock valued at $7,149,206. 0.63% of the stock is currently owned by corporate insiders.

EVERTEC Company Profile

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.