Evertec (NYSE:EVTC) Sets New 1-Year Low - Time to Sell?

Key Points

• 52‑week low on heavy volume: Evertec shares plunged to $22.83 (last $23.17) on much higher‑than‑normal volume, trading below its 50‑ and 200‑day averages as investors reacted negatively despite management's outlook.
• Mixed Q1 results but raised guidance: Q1 revenue rose ~8% to $247.9M and adjusted EBITDA grew ~9% to $97M, yet GAAP net income fell ~27% and EPS missed by $0.01 ($0.90 vs. ~$0.91); management raised FY2026 guidance to $3.86–3.98 EPS and ~ $1.1B revenue while analysts' consensus target is $34 (average rating: Hold).

Evertec, Inc. (NYSE:EVTC - Get Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as $22.83 and last traded at $23.17, with a volume of 2218142 shares traded. The stock had previously closed at $28.16.

Evertec News Summary

Here are the key news stories impacting Evertec this week:

• Positive Sentiment: Raised FY2026 guidance: Evertec updated full‑year EPS guidance to roughly 3.86–3.98 and lifted revenue guidance to about $1.1 billion, both slightly above consensus — a signal management expects stronger results later in the year. EVERTEC Reports First Quarter 2026 Results
• Positive Sentiment: Underlying operating performance improved: Q1 revenue rose ~8% year‑over‑year (~5% on a constant‑currency basis) and adjusted EBITDA increased ~9% to $97.0 million, indicating core transaction and processing businesses strengthened. EVERTEC Reports First Quarter 2026 Results
• Neutral Sentiment: Earnings call and materials available for details: Management provided an earnings presentation and call transcript with commentary on drivers (region, volumes, one‑offs) — useful for investors who want to judge sustainability of guidance and the causes of the GAAP decline. EVERTEC, Inc. 2026 Q1 - Results - Earnings Call Presentation
• Negative Sentiment: Quarter missed consensus by a small margin: Reported EPS of $0.90 missed the consensus ~$0.91 (Zacks/Yahoo summaries) and revenue came in just under forecasts (~$247.9M vs. ~$249M expected), which can trigger negative short‑term reactions despite the magnitude of the miss being small. EVERTEC NYSE: EVTC Reports Sales Below Analyst Estimates In Q1 CY2026 Earnings
• Negative Sentiment: GAAP net income and EPS declined sharply year‑over‑year: GAAP net income attributable to common shareholders fell ~27% (GAAP EPS down materially), suggesting one‑time items, higher costs or tax impacts that reduce reported profitability and raise investor concern. EVERTEC Reports First Quarter 2026 Results
• Negative Sentiment: Market reaction: The stock is trading lower on much higher-than-normal volume, reflecting investor disappointment and a risk‑off response despite raised guidance and solid adjusted metrics. Evertec: Q1 Earnings Snapshot

Analysts Set New Price Targets

EVTC has been the subject of several research reports. Weiss Ratings restated a "hold (c-)" rating on shares of Evertec in a report on Friday, March 27th. Raymond James Financial restated an "outperform" rating and issued a $34.00 price objective on shares of Evertec in a report on Thursday. Zacks Research lowered shares of Evertec from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 20th. Finally, Wall Street Zen upgraded shares of Evertec from a "hold" rating to a "buy" rating in a report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, Evertec has an average rating of "Hold" and a consensus price target of $34.00.

Evertec Stock Performance

The firm has a market capitalization of $1.43 billion, a P/E ratio of 11.19, a price-to-earnings-growth ratio of 1.07 and a beta of 0.80. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.69. The business's 50 day simple moving average is $28.63 and its two-hundred day simple moving average is $28.81.

Evertec (NYSE:EVTC - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $0.90 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by ($0.01). The firm had revenue of $247.92 million for the quarter, compared to the consensus estimate of $248.99 million. Evertec had a net margin of 13.95% and a return on equity of 31.84%. The firm's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 earnings per share. Evertec has set its FY 2026 guidance at 3.860-3.980 EPS. Sell-side analysts anticipate that Evertec, Inc. will post 3.4 EPS for the current fiscal year.

Evertec Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Monday, May 11th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, May 11th. Evertec's dividend payout ratio (DPR) is currently 9.66%.

Institutional Trading of Evertec

A number of large investors have recently made changes to their positions in EVTC. Royal Bank of Canada grew its stake in shares of Evertec by 10.2% in the first quarter. Royal Bank of Canada now owns 37,786 shares of the business services provider's stock worth $1,389,000 after acquiring an additional 3,495 shares during the period. AQR Capital Management LLC bought a new stake in shares of Evertec in the first quarter worth approximately $248,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Evertec by 3.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,915 shares of the business services provider's stock worth $1,394,000 after acquiring an additional 1,222 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Evertec by 1.0% in the first 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 acquiring an additional 846 shares during the period. Finally, Jane Street Group LLC grew its stake in shares of Evertec by 184.6% in the first quarter. Jane Street Group LLC now owns 133,714 shares of the business services provider's stock worth $4,917,000 after acquiring an additional 86,733 shares during the period. 96.80% of the stock is currently owned by institutional investors.

Evertec Company Profile

Evertec, Inc NYSE: EVTC is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec's suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.