About Evertec (NYSE:EVTC)
EVERTEC, Inc. is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually. It offers a range of services for core bank processing, cash processing and technology outsourcing. It owns and operates the ATH network, which is a personal identification number (PIN) debit network in Latin America. It serves a range of financial institutions, merchants, corporations and government agencies with solutions that enable them to issue, process and accept transactions securely. The Company's range of services spans the entire transaction processing value chain and includes a range of front-end customer-facing solutions.
Industry, Sector and Symbol:
- Sector: Business Services
- Industry: Business Software & Services
- Sub-Industry: N/A
- Symbol: NYSE:EVTC
- CUSIP: N/A
- Web: www.evertecinc.com
- Market Cap: $1.21 billion
- Outstanding Shares: 72,569,000
- 50 Day Moving Avg: $16.09
- 200 Day Moving Avg: $16.75
- 52 Week Range: $13.69 - $18.60
Sales & Book Value:
- Trailing P/E Ratio: 15.72
- Foreward P/E Ratio: 9.68
- P/E Growth: 2.16
- Annual Revenue: $395.31 million
- Price / Sales: 3.06
- Book Value: $1.68 per share
- Price / Book: 9.91
- Annual Dividend: $0.40
- Dividend Yield: 2.4%
- EBIDTA: $155.45 million
- Net Margins: 21.14%
- Return on Equity: 120.29%
- Return on Assets: 14.59%
- Debt-to-Equity Ratio: 5.65%
- Current Ratio: 1.21%
- Quick Ratio: 1.21%
- Average Volume: 318,571 shs.
- Beta: 1.27
- Short Ratio: 1.97
Frequently Asked Questions for Evertec (NYSE:EVTC)
What is Evertec's stock symbol?
Evertec trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVTC."
How often does Evertec pay dividends? What is the dividend yield for Evertec?
Evertec declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Monday, May 8th will be given a dividend of $0.10 per share on Friday, June 9th. This represents a $0.40 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Thursday, May 4th. View Evertec's Dividend History.
How were Evertec's earnings last quarter?
Evertec Inc (NYSE:EVTC) released its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.06. The business earned $101.28 million during the quarter, compared to analysts' expectations of $98.66 million. Evertec had a net margin of 21.14% and a return on equity of 120.29%. View Evertec's Earnings History.
What guidance has Evertec issued on next quarter's earnings?
Evertec issued an update on its FY17 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $1.54-1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.59.
Where is Evertec's stock going? Where will Evertec's stock price be in 2017?
4 equities research analysts have issued 1 year price objectives for Evertec's stock. Their forecasts range from $17.00 to $19.00. On average, they anticipate Evertec's stock price to reach $18.25 in the next year. View Analyst Ratings for Evertec.
What are analysts saying about Evertec stock?
Here are some recent quotes from research analysts about Evertec stock:
- 1. According to Zacks Investment Research, "Evertec, Inc. is engaged in transaction processing business primarily in Latin America and the Caribbean. The Company operates through divisions which consist of Merchant Acquiring Solutions, Payment Processing and Business Solutions. It offers ATH network, payment processing, card products processing, electronic benefit transfer services, information technology services, database management services, printing centre and document mailing, cash processing, business processes outsourcing services as well as payment solutions, point-of-sale systems and accessories to receive payments. Evertec, Inc. is based in San Juan, Puerto Rico. " (5/5/2017)
- 2. Stifel Nicolaus analysts commented, "In our view, EVTC's better than expected 4Q results were more than offset by disappointing initial 2017 guidance. Additionally, we are concerned by the shrinking bellwether acquiring business, international attrition and continued macro headwinds in PR. On the positive side, we are encouraged by the newly announced acquisition of Chilean payments company PayGroup, which is the company's first meaningfully step toward international expansion. That said, the growth outlook remains challenged and coupled with continued margin pressure, we struggle to find reasons for optimism. Therefore despite an attractive valuation at just 10.4x 2018 EPS, we continue to believe a wait and see approach is best." (2/23/2017)
Who are some of Evertec's key competitors?
Some companies that are related to Evertec include Descartes Systems Group (DSGX), Ebix (EBIX), Q2 Holdings (QTWO), Callidus Software (CALD), Cyberark Software Ltd (CYBR), CSG Systems International (CSGS), Bottomline Technologies (EPAY), Sapiens International (SPNS), LivePerson (LPSN), Carbonite (CARB), Xactly Corp (XTLY), Servicesource International (SREV), Tangoe (TNGO), Park City Group (PCYG), Simulations Plus (SLP), Perion Network Ltd (PERI), Asure Software (ASUR) and Datawatch (DWCH).
Who owns Evertec stock?
Evertec's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (14.39%), Vanguard Group Inc. (6.96%), Rivulet Capital LLC (4.00%), Renaissance Technologies LLC (3.98%), American Century Companies Inc. (2.88%) and State Street Corp (1.64%). Company insiders that own Evertec stock include Carlos J Ramirez and Miguel Vizcarrondo. View Institutional Ownership Trends for Evertec.
Who sold Evertec stock? Who is selling Evertec stock?
Evertec's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, FMR LLC, Nationwide Fund Advisors, Credit Suisse AG, PNC Financial Services Group Inc., Stoneridge Investment Partners LLC, Texas Yale Capital Corp. and Engineers Gate Manager LP. View Insider Buying and Selling for Evertec.
Who bought Evertec stock? Who is buying Evertec stock?
Evertec's stock was purchased by a variety of institutional investors in the last quarter, including Denver Investment Advisors LLC, Vanguard Group Inc., American Century Companies Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Citadel Advisors LLC, Geode Capital Management LLC and Heartland Advisors Inc.. View Insider Buying and Selling for Evertec.
How do I buy Evertec stock?
Shares of Evertec can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Evertec stock cost?
One share of Evertec stock can currently be purchased for approximately $16.65.
Earnings History for Evertec (NYSE:EVTC)Earnings History by Quarter for Evertec (NYSE:EVTC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/3/2017||Q1||$0.39||$0.45||$98.66 million||$101.28 million||View||Listen|
|2/22/2017||Q416||$0.41||$0.43||$97.49 million||$101.89 million||View||Listen|
|11/2/2016||Q316||$0.40||$0.41||$95.29 million||$94.47 million||View||N/A|
|7/28/2016||Q216||$0.41||$0.43||$93.40 million||$97.70 million||View||Listen|
|5/11/2016||Q1||$0.40||$0.41||$92.12 million||$95.48 million||View||Listen|
|2/17/2016||Q415||$0.44||$0.44||$94.85 million||$95.50 million||View||Listen|
|11/4/2015||Q315||$0.42||$0.42||$91.38 million||$92.80 million||View||N/A|
|8/5/2015||Q215||$0.43||$0.44||$93.83 million||$93.20 million||View||N/A|
|5/6/2015||Q115||$0.40||$0.39||$89.40 million||$91.30 million||View||N/A|
|2/18/2015||Q414||$0.45||$0.44||$95.93 million||$93.50 million||View||N/A|
|11/5/2014||Q314||$0.40||$0.40||$92.40 million||$88.64 million||View||N/A|
|8/6/2014||Q214||$0.40||$0.41||$94.40 million||$91.10 million||View||N/A|
|5/7/2014||Q1 14||$0.39||$0.40||$91.26 million||$87.20 million||View||N/A|
|2/12/2014||Q413||$0.43||$91.00 million||$93.30 million||View||N/A|
|11/6/2013||Q313||$0.36||$83.80 million||$87.40 million||View||N/A|
|8/7/2013||Q2 2013||$0.35||$84.40 million||$89.20 million||View||N/A|
Earnings Estimates for Evertec (NYSE:EVTC)
Current Year EPS Consensus Estimate: $1.65 EPS
Next Year EPS Consensus Estimate: $1.72 EPS
Current Dividend Information for Evertec (NYSE:EVTC)
|Dividend Growth:||26.00% (3 Year Average)|
|Payout Ratio:||37.04% (Trailing 12 Months of Earnings) |
24.24% (Based on This Year's Estimates)
23.26% (Based on Next Year's Estimates)
Dividend History by Quarter for Evertec (NYSE:EVTC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Evertec (NYSE:EVTC)
Insider Ownership Percentage: 0.56%Insider Trades by Quarter for Evertec (NYSE:EVTC)
Institutional Ownership Percentage: 74.79%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/23/2016||Miguel Vizcarrondo||Insider||Sell||30,000||$17.00||$510,000.00|| |
|9/21/2015||Carlos J Ramirez||EVP||Sell||37,500||$18.31||$686,625.00|| |
|6/22/2015||Carlos J Ramirez||EVP||Sell||50,000||$22.86||$1,143,000.00|| |
|5/7/2015||Miguel Vizcarrondo||EVP||Sell||50,000||$22.06||$1,103,000.00|| |
|4/21/2015||Carlos J Ramirez||EVP||Sell||50,000||$21.20||$1,060,000.00|| |
|3/6/2015||Carlos J Ramirez||EVP||Sell||3,367||$22.00||$74,074.00|| |
|12/18/2014||Peter Harrington||CEO||Sell||10,411||$22.18||$230,915.98|| |
|12/10/2014||Peter Harrington||CEO||Sell||10,550||$22.46||$236,953.00|| |
|12/8/2014||Peter Harrington||CEO||Sell||10,500||$22.46||$235,830.00|| |
|12/5/2014||Peter Harrington||CEO||Sell||136,010||$22.25||$3,026,222.50|| |
|11/28/2014||Peter Harrington||CEO||Sell||107,390||$22.31||$2,395,870.90|| |
|11/25/2014||Philip E Steurer||COO||Sell||68,238||$21.52||$1,468,481.76|| |
|11/13/2014||Carlos J Ramirez||EVP||Sell||3,300||$22.06||$72,798.00|| |
|9/25/2014||Philip E Steurer||COO||Sell||25,000||$22.13||$553,250.00|| |
|6/25/2014||Jimenez Juan Jose Roman||CFO||Sell||22,000||$24.80||$545,600.00|| |
|6/24/2014||Peter Harrington||CEO||Sell||50,000||$25.05||$1,252,500.00|| |
|5/28/2014||Jimenez Juan Jose Roman||CFO||Sell||1,700||$24.00||$40,800.00|| |
|5/12/2014||Carlos Ramirez||EVP||Sell||40,000||$22.94||$917,600.00|| |
|3/26/2014||Peter Harrington||CEO||Sell||50,000||$24.95||$1,247,500.00|| |
|12/13/2013||Popular Inc||Director||Sell||5,800,000||$20.33||$117,914,000.00|| |
|9/18/2013||Carlos Ramirez||EVP||Sell||30,000||$21.77||$653,100.00|| |
|9/18/2013||Popular Inc||Director||Sell||9,057,000||$21.77||$197,170,890.00|| |
|9/17/2013||Frank D'angelo||Director||Buy||10,000||$22.97||$229,700.00|| |
|4/17/2013||Philip E Steurer||COO||Buy||2,500||$20.00||$50,000.00|| |
Headline Trends for Evertec (NYSE:EVTC)
Latest Headlines for Evertec (NYSE:EVTC)
|EVERTEC, Inc. :EVTC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017|
finance.yahoo.com - May 18 at 10:18 AM
|EVERTEC, Inc. – Value Analysis (NYSE:EVTC) : May 8, 2017|
finance.yahoo.com - May 9 at 8:58 AM
|Evertec Inc (EVTC) Issues Quarterly Earnings Results|
www.americanbankingnews.com - May 6 at 1:00 AM
|Evertec Inc (EVTC) Raised to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 5 at 10:10 PM
|EVERTEC, Inc. breached its 50 day moving average in a Bullish Manner : EVTC-US : May 5, 2017|
finance.yahoo.com - May 5 at 5:17 PM
|Evertec Inc (EVTC) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS|
www.americanbankingnews.com - May 5 at 2:30 PM
|EVERTEC, Inc. : EVTC-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017|
finance.yahoo.com - May 4 at 5:12 PM
|Edited Transcript of EVTC earnings conference call or presentation 3-May-17 9:00pm GMT|
finance.yahoo.com - May 4 at 5:12 PM
|Evertec Inc (EVTC) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - May 4 at 1:05 AM
|Evertec beats Street 1Q forecasts|
finance.yahoo.com - May 3 at 9:55 PM
|EVERTEC Reports First Quarter 2017 Results|
finance.yahoo.com - May 3 at 4:55 PM
| Brokerages Expect Evertec Inc (EVTC) Will Post Quarterly Sales of $98.66 Million|
www.americanbankingnews.com - May 3 at 3:40 PM
|Ex-Dividend Reminder: Evertec, Bloomin' Brands and Papa John's International|
www.nasdaq.com - May 3 at 9:12 AM
| Brokerages Anticipate Evertec Inc (EVTC) to Announce $0.39 EPS|
www.americanbankingnews.com - May 1 at 11:31 AM
|Evertec Inc Plans Dividend of $0.10 (EVTC)|
www.americanbankingnews.com - April 28 at 3:50 PM
|Evertec (EVTC) Getting Positive News Coverage, Report Shows|
www.americanbankingnews.com - April 27 at 1:09 AM
|Evertec Inc (EVTC) Rating Lowered to Sell at Zacks Investment Research|
www.americanbankingnews.com - April 25 at 8:50 PM
|Evertec Inc (EVTC) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - April 24 at 4:49 PM
|Evertec (EVTC) Receives Daily Coverage Optimism Rating of 0.08|
www.americanbankingnews.com - April 21 at 7:41 PM
|EVERTEC to Announce First Quarter 2017 Financial Results on May 3, 2017|
finance.yahoo.com - April 10 at 4:52 PM
|Zacks: Brokerages Anticipate Evertec Inc (EVTC) Will Announce Earnings of $0.39 Per Share|
www.americanbankingnews.com - April 10 at 11:00 AM
|Evertec Inc (EVTC) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - March 29 at 2:04 PM
|Is EVERTEC (EVTC) a Good Stock for Value Investors?|
finance.yahoo.com - March 1 at 12:39 PM
|Ex-Dividend Reminder: ING Groep, Norbord and Evertec|
www.nasdaq.com - February 23 at 5:05 PM
|Edited Transcript of EVTC earnings conference call or presentation 22-Feb-17 10:00pm GMT|
finance.yahoo.com - February 23 at 5:05 PM
|4:13 pm EVERTEC beats by $0.02, beats on revs; guides FY17 EPS below consensus, revs in-line; updates on recent acquisitons|
us.rd.yahoo.com - February 22 at 10:25 PM
|EVERTEC Reports Fourth Quarter and Full Year 2016 Results|
finance.yahoo.com - February 22 at 5:23 PM
|EVERTEC, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Results of Operations and Financial Con|
biz.yahoo.com - February 22 at 5:23 PM
|EVERTEC Declares Quarterly Dividend on Common Stock|
www.businesswire.com - February 17 at 9:20 AM
|EVERTEC to Announce Fourth Quarter and Full Year 2016 Financial Results on February 22, 2017|
finance.yahoo.com - January 19 at 6:35 PM
|EVERTEC, INC. Files SEC form 8-K, Regulation FD Disclosure|
biz.yahoo.com - December 14 at 9:10 PM
|EVERTEC, INC. Financials|
finance.yahoo.com - November 11 at 4:24 PM
|EVERTEC, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligati|
biz.yahoo.com - November 8 at 10:22 PM
|EVERTEC, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits|
biz.yahoo.com - November 3 at 4:42 PM
|Edited Transcript of EVTC earnings conference call or presentation 2-Nov-16 9:00pm GMT|
finance.yahoo.com - November 3 at 8:00 AM
|Q3 2016 Evertec Inc Earnings Release - After Market Close|
biz.yahoo.com - November 2 at 8:08 AM
|EVERTEC, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
biz.yahoo.com - October 28 at 8:04 AM
|EVERTEC, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - August 2 at 9:45 AM
|Q2 2016 Evertec Inc Earnings Release - After Market Close|
biz.yahoo.com - July 28 at 7:07 AM
|EVERTEC, Inc. to Announce Second Quarter 2016 Financial Results on July 28, 2016|
finance.yahoo.com - July 14 at 8:00 AM
|EVERTEC Group, LLC -- Moody's affirms Evertec's B1 CFR; outlook stable|
www.moodys.com - June 7 at 12:48 PM
Evertec (EVTC) Chart for Tuesday, May, 23, 2017